Hiring: Principal Financial Analyst Company: Medtronic Location: Minneapolis, MN Job Posted Time: 2026-09-12 13:45:18 Employment Type: Remote Target Skills & Keywords : SAP About the job Experience: •Bachelor's degree and minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. •7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. •Minimum 7 years of relevant experience, or advanced degree with a minimum of 5 years of relevant experience. Required Skills: •This role will be onsite 4 days/week and one day remote. There is no relocation assistance available for this position. •Develop a deep understanding of product costs and key drivers of cost •Gather historical information and summarize data to highlight gross margin trends •Work cross functionally to collaborate and align strategies across GOSC and the Medical Surgical Portfolio teams •Lead OU presentation of the GOSC impact on Gross Margin analysis and provide financial performance commentary to various levels of management •Partner cross functionally in support of the AOP and quarterly forecasts, to ensure forecasts are accurate by OU and allocations/targets are clearly understood and consistently applied •Interface directly with OUs and Portfolio to increase visibility to cost drivers within the cost pools and identify opportunities for cost savings •Lead cost roll reconciliation for specific OUs within the MedSurg Portfolio, summarize impact of cost changes and review impact with cross functional teams Qualifications: •Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP). •Proven experience leveraging SAP, BPCS, Hyperion Spend, CMR, or similar enterprise systems to drive financial insights and business performance. •Strong analytical, financial modeling, and problem-solving capabilities with the ability to influence outcomes through data-driven recommendations. •MBA, CPA, and/or CMA certification preferred. •Solid functional working knowledge of Project Accounting and financial controls. •For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. •The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. Compensation: •Flexible work environment (work from home / hybrid options) Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!