Principal Financial Analyst
Medtronic · Milan · €59,200–€88,800 (stated in the posting)
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
Join a healthcare technology company that alleviates pain, restores health, and extends life for more than two people every second. In the past year, Medtronic therapies improved the lives of 74 million+ people. With more than 95,000 employees across 150 countries, we innovate solutions that treat 70-plus health conditions across three portfolios of solutions: Cardiovascular, Medical Surgical, Neuroscience. Within the Cardiovascular portfolio, our Cardiac Surgery and Aortic therapies have combined into a unified organization to advance cardiac and aortic care. By partnering closely with vascular, cardiothoracic, and cardiac physicians, perfusionists and the broader care team, we are strengthening our ability to meet the evolving needs of patients and customers. Our purpose remains steadfast: serving more patients through our Medtronic Mission. Together, we aspire to serve more than 6.5 million patients in the next five years.We offer you a position where you will have a close working relationship with the Business & Finance Leadership across Western Europe, Swiss Headquarters and local Country Finance as well as the Centers of Excellence in Heerlen and Prague. As a member of the Western Europe (WE) CVS Finance team, you will support the growth and profitability of the Aortic & Cardiac Surgery businesses by performing financial analysis, modelling and planning, identifying areas of improvement and investment and leading actions and projects to deliver world-class performance. In this role, you will work on full P&L and Inventory management, actively interacting with local WE country and cluster leaders, marketing, pricing, controllership, HR and other support functions to ensure financial objectives are met.
The position will be based in Western Europe, with hybrid working location.
Primary Responsibilities:
- Contribute actively to FP&A activities, including the annual operating plan cycle, forecasts and current quarter estimates and analysis
- Analyze market dynamics, revenue, prices & margins and expenses of our products and regions; coordinate and follow-up on operational actions to drive growth and profitability
- Performs financial modeling and work closely with the business to identify and quantify go-to-market opportunities
- Support preparation, attend and follow-up on business and leadership reviews (weekly leadership calls, quarterly business reviews…) and drive monthly finance performance reviews with Western Europe countries’ leaders
- Communicate financial and operational performance trends, commentaries and forecasts to business and finance counterparts
- Understand and explain to the business stakeholders the accounting guidance leveraging expertise from controllership when needed
- Collaborate across teams and organize finance for non-finance trainings, to develop finance acumen in the organization
- Update and advance our reporting to answer new needs in a fast-changing environment. Leverage data science tools, software and techniques to build insightful analysis
- Join and actively contribute to ad hoc business and finance projects
- Communicate regularly with business and finance teams to share updates, gather input, and support decisions
- Identify and resolve general issues; may recommend improvements to systems or processes.
Required Qualifications:
- Master’s degree in finance or economics
- Minimum of 5-year relevant experience
- Strong verbal & written communication skills in English (preferred as C1 or above)
- Strong analytical skills & problem-solving skills
- Proficient in OneStream, PowerBI, Power Point, Excel, Word, Outlook. PowerBI development is a plus
- Proactive, organized, action oriented, eager to learn, develop and work in teams
- Detail-oriented & organizational skills with ability to manage multiple priorities and conclude timely, independently and in teams.
Preferred Qualifications:
- Previous work experience within the Cardiovascular Portfolio.
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.
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Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).