Principal Financial Analyst at Medtronic

Los Angeles, California, United States

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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

Bachelor’s Degree and 7+ years experience as financial analyst, accounting, business analyst or other relevant field
OR Advanced Degree and 5+ years experience as financial analyst, accounting, business analyst or other relevant field
(Nice to Have) 10+ years of progressive experience in external financial reporting within a public company and/or Big 4 environment
(Nice to Have) Strong understanding of U.S. GAAP, SEC reporting requirements, and disclosure controls
(Nice to Have) Hands-on experience preparing or reviewing Form 10-K, 10-Q, 8-K, and earnings release materials
(Nice to Have) Exposure to technical accounting research and coordination with audit and legal functions
(Nice to Have) Proven ability to interpret complex accounting topics and translate them into clear, concise disclosures
(Nice to Have) Strong command of financial consolidation and reporting platforms (e.g., OneStream and Workiva)
(Nice to Have) Experience working in a newly public or transformation-driven environment
(Nice to Have) CPA or MBA preferred

Responsibilities

Play a key role in the preparation and review of quarterly and annual SEC filings, ensuring compliance with U.S. GAAP and SEC requirements
Coordinate and consolidate inputs across relevant stakeholders including the Chief Accounting Office, FP&A, Investor Relations, Tax, Treasury, HR, and Legal to support cohesive, high-quality disclosures
Analyze and validate financial statements, footnotes, and MD&A for accuracy, clarity, and alignment with reporting standards
Serve as a primary contact for external auditors and internal stakeholders during reporting and audit cycles
Drive continuous improvement in reporting processes, controls, and automation initiatives

Skills

Key technologies and capabilities for this role

SEC filingsU.S. GAAPExternal ReportingTechnical AccountingFinancial AnalysisPublic FilingsFP&AControllershipTaxTreasury

Questions & Answers

Common questions about this position

Is this position remote or onsite?

The position is preferred to be onsite at Minneapolis, MN or Northridge, CA sites but is open to remote work as well.

What are the minimum education and experience requirements?

Candidates need a Bachelor’s Degree with 7+ years of experience as a financial analyst, accountant, business analyst, or similar field, or an Advanced Degree with 5+ years of relevant experience.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does a typical day involve for the Principal Financial Analyst?

The role involves partnering across functions like Chief Accounting Office, Controllership, FP&A, Tax, Treasury, HR, and Legal to prepare high-quality public filings and financial communications, with exposure to senior leadership.

What makes a strong candidate for this position?

Strong candidates will have 10+ years of progressive experience in external financial reporting, along with the minimum education and experience requirements clearly evident in their applicant profile.

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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