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Principal Financial Systems Analyst

Medtronic

Fridley, MN, US$118k – $176konsite

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About this role

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                     Bring your talents to an industry leader in medical technology and healthcare solutions – we’re a market leader and growing every day. You can be proud to be a part of technologies that are rooted in our long history of mission-driven innovation. You will be empowered to shape your own career. We support your growth with the training, mentorship, and guidance you need to own your future success. Together, we can transform healthcare.

One of the Finance initiatives is the creation of the Integration & Separation Management Office (IMO).  The IMO is responsible for establishing governance, standard processes and supporting tools, ensuring consistency across all acquisition and divesture projects.

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 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. 

Responsibilities may include the following and other duties may be assigned. • Partner with cross-functional acquisition, integration and divestiture teams to lead finance workstreams, bringing expertise, applying consistent approach, and ensuring various stakeholders in the organizations are consulted.

• Partner with IT to execute on SAP Finance system integrations.

• Assist with bringing acquisition entities into the Medtronic reporting process, including loading initial trial balances into SAP and completing Balance Sheet reconciliations.

• Review acquisition Balance Sheet, providing direction and guidance for mapping accounts consistent with Medtronic Chart of Accounts and Accounting process.

• Actively engage with SAP team members to convert acquired subledger balances, testing, and reconciliations as part of system integration.

• Provide technical US GAAP guidance in aligning an acquired entity’s accounting processes to Medtronic’s accounting policies and procedures.

• For divestiture, assist with workstreams that include defining the Balance Sheet perimeter, and Due Diligence process.

• Draft and review Transition Service Agreement (TSA), including defining services to be included in scope and costing of service associated with divestitures.

• Execute the TSA by partnering with functional leads, GL teams, and financial systems group.

• Collaborate with IMO team members in operationalizing  the market models.

Minimum Requirements • Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Have • BS degree in Accounting or equivalent major, CPA strongly preferred

• Bachelor's or Advanced Degree in Finance, Accounting, Information Systems, or relevant field

• Experience working with OneStream

• Strong analytical and problem solving skills.

• Strong organization and prioritization skills

• Comfort with ambiguity. Flexible and able to adapt to shifting priorities and responsibilities in a dynamic and changing environment

• Ability to effectively communicate at all levels and across the organization.

• Experience integrating businesses into a shared service organization

• MS Office experience including Excel (pivots, formulas, charts)

• SAP GL experience

• Blackline

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 early stages of the hiring process. A

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