Principal Financial Analyst at Medtronic

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

University degree in Finance, Business or Accounting
7+ years of professional finance experience – being close to an expert in Investment Management, Financial Modelling, Data Analysis and Go to Market Strategies
In-depth know-how in Financial Planning, Performance Measurement, Financial Governance as well as Sales Incentive and Pricing
Presentation skills, PowerBI, AI interest in building financial scenario models
Willingness to business travel 10-20% of time
Business acumen – understand the business model and are business savvy
Outstanding communicator who can communicate effectively according to the audience and influence others to different ways of thinking & gain commitment
Strategic powers - see the big picture and think on long-term perspective
Proactive and action oriented – show initiative and act with a sense of urgency as well as with diplomacy when required

Responsibilities

Providing Business Partnering support and advisory to the Structural Heart Northwestern Europe, Greece & Israel business director and sales managers
Managing the investment needs across the Western Europe region
Acting as the trusted advisor to the business and supporting them in defining and executing the business strategy
Maximizing the revenue & operating profit line opportunities
Delivering on Key Performance Indicators and targets
Driving efficiency in operations and adapting new business models where applicable
Interpreting, explaining and driving business performance
Supporting and influencing key operational and strategic decisions
Presenting industry, competitor and economic insights
Generating scenario analyses to advise on business planning opportunities & trade-offs
Managing business risks and opportunities

Skills

Key technologies and capabilities for this role

Business PartneringFinancial AnalysisBusiness Performance ManagementScenario AnalysisStrategic PlanningRevenue MaximizationOperating Profit OptimizationKPI ManagementBusiness Strategy ExecutionCompetitor AnalysisEconomic Insights

Questions & Answers

Common questions about this position

What experience is required for the Principal Financial Analyst role?

A university degree in Finance, Business or Accounting and 7+ years of professional finance experience are required, with expertise in Investment Management, Financial Modelling, Data Analysis, and Go to Market Strategies.

Is travel required in this position?

Yes, there is a willingness to business travel 10-20% of the time.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does the company culture at Medtronic feel like?

Medtronic offers an exciting and rewarding environment focused on innovation, pushing technology limits to alleviate pain, restore health, and extend life, while challenging each other to make tomorrow better.

What makes a strong candidate for this Principal Financial Analyst position?

Strong candidates have business acumen, outstanding communication skills to influence others, strategic long-term thinking, and are proactive, action-oriented with a sense of urgency and diplomacy.

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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