Principal Financial Analyst

We anticipate the application window for this opening will close on - 2 Oct 2026   Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact. A Day in the Life The Principal Financial Analyst, Service & Repair (S&R), serves as the finance lead supporting the operational and commercial performance of Medtronic’s global S&R business. Reporting to the S&R Financial Manager, this individual contributor role owns the S&R financial management rhythm, translating complex and fragmented inputs into clear performance insights and actionable recommendations that support forward-looking forecasts. The role will partner closely with S&R operations, commercial leaders, regional finance teams, and functional stakeholders to improve visibility into revenue, expenses, profitability, investment returns, and key business drivers. The successful candidate will combine strong FP&A discipline with a practical continuous-improvement mindset. This is a unique opportunity to be a part of the fast growing, global S&R business growing double digit topline/bottom line and on track to double revenue in 5 years. This is an onsite role at least 4 days/week in Fridley, MN and no relocation is available.                     Responsibilities may include the following and other duties may be assigned Own and drive the S&R FP&A calendar, leading monthly close, forecasting, Annual Operating Plan (AOP), and Long-Range Planning (LRP) processes while establishing timelines, assumptions, governance, and accountability across stakeholders. Consolidate, analyze, and interpret financial and operational results across regions and functions, proactively identifying performance drivers, emerging risks, growth opportunities, and actions required to deliver financial commitments. Influence business decisions by partnering with operational and commercial leaders to develop revenue, pricing, volume, capacity, labor, expense, and margin forecasts, including scenario modeling and strategic trade-off analyses. Lead financial evaluation and performance tracking of investments and transformation initiatives, ensuring capital deployment, project spending, resource planning, and benefit realization align with strategic objectives and financial commitments. Deliver executive-level insights and recommendations that clearly articulate business performance, opportunities, and required actions to senior leadership. Accelerate financial excellence by designing and implementing scalable reporting solutions, controls, templates, dashboards, and process improvements that increase transparency, efficiency, and decision-making effectiveness. Serve as a trusted advisor to business leaders, challenging assumptions, influencing priorities, driving alignment, and elevating financial rigor across the organization. Lead complex ad hoc analyses and strategic projects that unlock growth, improve profitability, and strengthen operational performance. Adapt quickly to changing business needs, proactively identifying solutions and ensuring execution against evolving priorities. Develop and continuously enhance standardized KPIs, dashboards, and financial reporting tools that increase visibility, accountability, and performance management across the S&R organization.

Bachelor's degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. Demonstrated experience owning planning, forecasting, reporting, and variance-analysis processes for a complex business or function. Intermediate financial