Jobs
Position Description:
Principal Financial Analyst for Medtronic, Inc., located in Lafayette, CO. Responsible for monthly and quarterly financial forecasting for the Neurosurgery/Enabling Technologies (ET) business. Responsible for collaborating with functional leaders to develop and communicate financial forecast risks and opportunities and ensure forecast and targets are understood. Responsible for financial mgmt. & modeling of business initiatives, developing annual operating plan, cost control, monthly forecasting, financial planning, and investment analysis. Conduct financial audit of internal financial reports across multiple financial sources to ensure data integrity. Conduct headcount analysis and projections to ensure alignment with business goals, project requirements and budgetary constraints. Collaborate with senior leadership to provide actionable insights and drive financial performance. Develop and maintain advanced financial models to evaluate business initiatives, track performance, and project outcomes by leveraging formulas including Power Query, Dynamic Array Formulas, Advanced Data Analysis, and Logical/Conditional Formulas. Create Excel dashboards with graphs and Key Performance Indicators (KPIs) and using Power BI, Enterprise Resource Planning (ERP) Systems onboarding, implementation and ongoing usage. Follow GAAP (Generally Accepted Accounting Principles). Deliver financial analytics and projections of revenue, Profit & Loss (P&L) and KPIs using advanced modeling and Return On Investment (ROI) calculations on new initiatives to support business growth and inform leadership of investment decisions. Leverage financial knowledge from experience in the Medical Technology industry with surgical robotics. *Position works a hybrid model and will be onsite in Lafayette, CO – 4 days per week. Relocation assistance is not available for this position. #LI-DNI.
Basic Qualifications:
Masters’ Degree or foreign equivalent in Economics, Accounting, Math, Statistics or related financial field and five (5) years of experience as a Financial Analyst or related occupation. Must possess at least five (5) years’ experience with each of the following: Financial mgmt. and modeling for large-scale technology projects, including cost control, financial forecasting, financial planning, and investment analysis; Reviewing and verifying internal financial reports from multiple sources; Conducting headcount analyses to align business need with financial targets; Presenting financial insights to executive leadership and cross-functional teams; Financial modeling in Microsoft Excel using advanced formulas including Power Query, Dynamic Array Formulas, Advanced Data Analysis, and Logical/Conditional Formulas; Creating Excel dashboards with graphs and KPIs and using Power BI, ERP Systems onboarding, implementation and ongoing usage; GAAP; Conducting financial analytics through projections of revenue, P&L and KPIs using advanced modeling and ROI calculations; Must possess at least two (2) years’ experience with Financial Medical Technology industry with surgical robotics.
Salary: $134,500 - $162,000 per year
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
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About Medtronic
Reviews
3.3
10 reviews
Work Life Balance
3.2
Compensation
4.0
Culture
3.4
Career
3.8
Management
3.5
65%
Recommend to a Friend
Pros
Great coworkers and supportive team
Good benefits and compensation
Growth and advancement opportunities
Cons
Aggressive leadership and cultural changes
Limited work-life balance in some roles
Company prioritizes profits over employees
Salary Ranges
1,888 data points
Mid/L4
Mid/L4 · Regulatory Affairs Specialist
151 reports
$102,623
total / year
Base
$95,683
Stock
-
Bonus
$6,940
$75,795
$140,264
Interview Experience
6 interviews
Difficulty
2.5
/ 5
Duration
14-28 weeks
Experience
Positive 0%
Neutral 67%
Negative 33%
Interview Process
1
Application Review
2
Recruiter Screen
3
Technical Phone Screen
4
Technical Interview Round 1
5
Technical Interview Round 2
6
Final Interview
Common Questions
Technical Knowledge
Coding/Algorithm
Behavioral/STAR
Past Experience
News & Buzz
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Source: MassDevice
News
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News
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5w ago
