Principal Financial Analyst- Endoscopy US Commerical
Quick facts
- Pay
- $110,400 - $165,600 a year
- Type
- Full-time
- Location
- Mounds View, MN
- Hours
- 20+ hours / week
- Background
- CPA
- Industry
- Health and Care — 3087 open jobs
- Visa in listing
- H-1B
- Apply
- Free to apply — never pay anyone for a job offer or visa sponsorship
Job description
We anticipate the application window for this opening will close on - 3 Oct 2026 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 Endoscopy Finance supports the U.S. commercial business by providing financial planning, forecasting, performance analysis, and decision support that enable revenue growth, margin expansion, and effective resource allocation across the portfolio. The team partners closely with Commercial, Marketing, Operations, and Supply Chain leaders to translate business strategies into financial outcomes and drive data-informed decisions. This role is based at the Medtronic campus in Mounds View, Minnesota and follows an onsite work model with a minimum of four days per week in the office. As a Principal Financial Analyst, you will serve as the primary finance business partner supporting the U.S. Commercial organization. This role is responsible for revenue forecasting, financial planning, scenario modeling, and performance analysis that inform strategic and operational decisions. You will work cross-functionally to identify growth opportunities, evaluate business risks, and support initiatives that improve revenue, margin, and inventory performance.
Responsibilities
- Serve as the primary finance partner to U.S. Commercial leadership, providing financial insights that support strategic and operational decision-making.
- Lead revenue forecasting activities, including monthly outlooks, annual planning, risk assessment, and opportunity identification.
- Develop scenario models and business cases to evaluate growth opportunities, investments, and commercial strategies.
- Analyze sales, profitability, pricing, and margin performance and provide actionable recommendations to business partners.
- Partner with Marketing and Operations teams to support pricing strategies and margin improvement initiatives.
- Support Integrated Business Planning (IBP) activities, including demand and supply alignment, inventory management, product lifecycle planning, and allocation decisions.
- Develop and maintain field revenue quota methodologies, performance reporting, and achievement analysis.
- Drive continuous improvement in forecasting, reporting, and financial planning processes to enhance decision quality and business performance.
Required Qualifications
- Bachelor's degree with 7+ years of finance and/or accounting experience, or an advanced degree with 5+ years of finance and/or accounting experience.
- Experience supporting forecasting, budgeting, financial planning, and business performance analysis.
- Experience developing financial models, conducting variance analysis, and translating data into business recommendations.
- Advanced proficiency in Microsoft Excel and financial reporting tools.
- Experience partnering with cross-functional stakeholders to support business decision-making.
Qualifications
- Bachelor's degree in Finance, Accounting, or Business.
- Master of Business Administration (MBA) or Certified Public Accountant (CPA) designation.
- Experience supporting commercial, sales, marketing, or revenue-focused business functions.
- Experience with SAP, Hyperion, BusinessObjects (BOXI), CMR, SPEND, or similar enterprise financial systems.
- Experience supporting Integrated Business Planning (IBP), pricing strategy, inventory management, or margin improvement initiatives.
- 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. Any such requests are not legitimate. If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments. If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at AskHR@medtronic.com.
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. Salary ranges for U.S (excl. PR) locations (USD): $110,400.00 - $165,600.00 This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others). 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
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities. If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Visa sponsorship record: Medtronic, Inc.
Sponsors actively| Fiscal year | H-1B LCAs | USCIS approvals | USCIS denials | PERM |
|---|---|---|---|---|
| FY2026 | 214 | 148 | 2 | — |
| FY2025 | 352 | 295 | 4 | 77 |
| FY2024 | 215 | 307 | 0 | — |
✔ Medtronic, Inc. filed 3 H-1B applications for this kind of role (Financial and Investment Analysts) in the period above.
Also filed: E-3 Australian × 2 — a good sign for Australian (E-3), Chilean and Singaporean (H-1B1) candidates.
Roles they sponsor most
- software engineer72 LCAs · median $137k
- regulatory affairs specialist46 LCAs · median $91k
- manufacturing engineer37 LCAs · median $109k
- quality engineer33 LCAs · median $106k
- supplier quality engineer32 LCAs · median $107k
Which visas can work for this job
Occupation: Financial and Investment Analysts (SOC 13-2051) — estimated from the job title.
- Mentioned in the listing
H-1B
- H-1B cap-exempt employer
Regular cap-subject employer — a new H-1B needs to win the lottery in March (unless you already hold cap-counted H-1B status).
- TN (citizens of Canada and Mexico)
This role doesn't clearly match a profession on the USMCA (TN) list.
- E-3 (Australia) and H-1B1 (Chile, Singapore)
This employer has filed before (E-3 Australian: 2). Same degree requirement as H-1B, but no lottery and a separate quota that is rarely filled.
- O-1 (extraordinary ability)
For candidates with awards, publications, press, a high salary or critical roles at distinguished organizations. No cap, no lottery; the employer files a petition.
- Green card (EB-2 / EB-3 via PERM)
Filed 77 PERM labor certifications: they have a track record of sponsoring permanent residence.
Salary vs prevailing wage
Level III (experienced)Financial and Investment Analysts · Minneapolis-St. Paul-Bloomington, MN-WI. Annual prevailing wages set by the Department of Labor (OFLC).
| Level | Prevailing wage | H-1B lottery odds* |
|---|---|---|
| Level I | $71,552 | ~15% |
| Level II | $90,459 | ~31% |
| Level III | $109,366 | ~46% |
| Level IV | $128,274 | ~61% |
This job pays $110,400–$165,600 a year — that's Level III (experienced). In the wage-weighted H-1B lottery a Level III registration gets 3 entries; estimated selection chance about 46% — better than average.
* Odds are DHS projections for the FY2027 wage-weighted lottery (actual results vary by year and employer). Since the FY2027 cap season the H-1B lottery is weighted by wage level: Level I = 1 entry, II = 2, III = 3, IV = 4. The level is set by the offered wage against the prevailing wage for the occupation and worksite. Separately, a $100,000 fee for new H-1B petitions for workers outside the US was announced in 2025; as of September 2026 a federal court ruling keeps it unenforceable while appeals continue — check the current status.
Sources: U.S. Department of Labor OFLC disclosure data (H-1B/H-1B1/E-3 LCA, PERM), OFLC prevailing wage data, USCIS H-1B Employer Data Hub, E-Verify participating employers. Data loaded: LCA FY2024–FY2026, PERM, USCIS Data Hub, OFLC wages; updated 2026-10-03. Employers are matched by name, so records of companies with similar names can occasionally be mixed up. This is general information, not legal advice — talk to an immigration attorney about your case.