Overview As a Principal Financial Analyst in Medtronic's R&D Finance Center of Excellence, you partner with R&D and finance leaders to guide portfolio decisions, forecasting, and resource allocation. You will build financial models, provide scenario analysis, and deliver insights that improve visibility into R&D investments and performance. This role supports scalable financial practices and cross-functional collaboration across the enterprise. You will work in a mission-driven environment focused on accelerating medical innovation and patient impact.
Compensation / Benefits- Health, dental and vision insurance
- Health Savings Account
- Flexible Spending Account
- Life insurance
- Paid time off
- Employee stock purchase plan
Responsibilities- Partner with R&D and Finance leadership to support portfolio, program, and investment decision-making
- Lead financial planning, forecasting, reporting, and long-range planning for assigned R&D organizations and portfolios
- Develop and maintain financial models for program assumptions, timelines, resource requirements, milestones, and investment scenarios
- Analyze financial and operational data to identify risks, opportunities, trends, and performance drivers across R&D investments
- Provide scenario modeling and business insights to support resource allocation and portfolio prioritization decisions
- Deliver financial reporting, KPIs, and analytics to improve visibility into R&D performance and investment outcomes
- Drive forecasting accuracy, variance analysis, governance activities, and process improvements that enhance financial transparency and decision support
- Collaborate across Finance and business functions to establish consistent financial standards, methodologies, reporting practices, and scalable capabilities
Key requirements- Bachelor's degree and 7+ years of finance or accounting experience OR advanced degree and 5+ years of finance or accounting experience
- Experience in financial planning, forecasting, budgeting, financial reporting, and financial analysis
- Experience developing financial models, scenario analyses, and long-range plans to support business decisions
- Experience partnering with business leaders and cross-functional stakeholders to support investment or resource allocation decisions
- Cross-functional collaboration
- Analytical thinking
- Communication of complex financial insights
- Financial modeling
- Scenario analysis
- Forecasting
