Principal Financial Analyst

About this role

We anticipate the application window for this opening will close on - 31 Aug 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 will drive financial performance and strategic decision-making across three Colorado manufacturing sites by serving as a trusted Operations Finance business partner. Influence operational outcomes through financial leadership, actionable insights, and data-driven recommendations that support site objectives, optimize performance, and deliver business results.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4-5 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Relocation assistance is NOT available for this role.                     Key Responsibilities • Lead financial modeling and analysis to evaluate business performance, identify trends, and assess key drivers including rates of return, depreciation, working capital, cash flow, investments, and cost performance. • Deliver comprehensive variance analysis, forecasting, budgeting, and financial planning activities to improve operational and financial outcomes. • Translate complex financial data into actionable recommendations that enable leaders to make informed business decisions. • Develop, enhance, and optimize financial reporting systems, processes, and analytics to improve visibility, reporting efficiency, and decision support. • Monitor business performance across functions, departments, and operational areas, proactively identifying risks, opportunities, and improvement initiatives. • Actively partner with site leadership through participation in Tier meetings, Gemba walks, staff meetings, Monthly Operations Reviews, Quarterly Business Reviews, and other key operational forums. • Own and support site budgeting and forecasting processes, including volume planning, productivity and efficiency assumptions, overhead spending, absorption analysis, material variances, and period costs. • Partner with cross-functional teams to evaluate, prioritize, and track cost reduction initiatives, validating financial impacts and driving accountability for results. • Conduct ad hoc financial analyses to address evolving business needs, support strategic initiatives, and accelerate decision-making. • Provide financial guidance and challenge assumptions to ensure operational plans align with organizational objectives and financial targets.

Minimum Requirements • Bachelor's Degree with a minimum of 3 years of relevant finance experience, or an advanced degree with a minimum of 5 years of relevant finance experience.

Preferred Qualifications • Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP). • MBA, CPA, and/or CMA certification preferred. • 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. • Working knowledge of Project Accounting and financial controls. • Experience partnering with operations teams within a manufacturing environment to improve financial and operational performance.

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Physical Job Requirements

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. 

The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

U.S. Work Authorization & Sponsorship At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment. ‌ Recruitment Fraud Alert We are aware of phishing scams targeting job seekers. Please keep the following in mind: 

Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses. 

Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during

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