Principal Financial Analyst

We anticipate the application window for this opening will close on - 24 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. Required Qualifications • Bachelor's degree and minimum 7 years of relevant experience, or advanced degree