Principal Financial Analyst

$103,200 - $154,800/Yr

Medtronic - Lafayette, CO

Full-time - Senior

Lafayette, CO

10,001+ employees

Miscellaneous Manufacturing

About the position

The Principal Financial Analyst at Medtronic will play a crucial role in supporting the Advanced Surgical Technologies (AST) Business Unit by providing financial analysis and business partnering to the Marketing team. This position involves revenue modeling, expense reporting, and critical business decision analysis, directly partnering with the VP of AST Marketing. The role is hybrid and can be based in multiple locations, contributing to the strategic goals of the organization while driving innovations in healthcare.

Responsibilities

• Partner with functional stakeholders within the Operating Unit including the VP of Marketing and Senior Finance Director of AST BU
• Provide financial reporting and forecasting for Marketing leadership team in support of our market leading products, technologies, and services
• Assist in data preparation and analysis for the weekly AST Sales & Operations Execution plan (S&OE) and monthly Integrated Business Planning (IBP) Global Demand Review
• Build and deploy financial models & dashboards to quantify opportunities, prioritize investments, and track progress on key marketing initiatives to drive our products and markets
• Drive consistent use of Market Leadership Council (MLC) tools and processes to improve budgeting and prioritization decisions
• Contribute as a key team member of the AST Finance and broader Surgical Finance organization through various opportunities to drive engagement, inclusion, and innovation
• Build budgets and forecasts for the AST Marketing organization aligned to BU goals and objectives
• Assist in AST BU strategic decision making through financial modeling, detailed analytics and storytelling through data-driven insights
• Assist with product lifecycle management (phase in/out) strategies through the monthly Portfolio Management Review of the IBP process
• Maintain the annual updates to product sales hierarchy to align our financial planning structure to the organization design

Requirements

• 7+ years accounting or finance experience with a Bachelor's Degree; or, 5+ years accounting or finance experience with an Advanced Degree

Nice-to-haves

• Proficient in Microsoft Office Applications - Word, Excel, PowerPoint
• Experience with finance applications such as General Ledger Systems, Cost Accounting Systems, SAP, etc.
• Anaplan
• Power BI
• Enrich
• Hyperion/Essbase/OneStream

Benefits

• Competitive Salary
• Flexible Benefits Package
• Short-term incentive called the Medtronic Incentive Plan (MIP)