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Principal Financial Analyst FP&A Volume

Medtronic

Medtronic

IT, Accounting & Finance
Galway, Ireland
Posted on May 2, 2025

At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

A key member of the Global Operations and Supply Chain (GOSC) FP&A Volume team in Medtronic, with primary responsibility for partnering with the EMEA manufacturing platform. The Principal Financial Analyst is responsible for planning, analyzing, and reporting of volume KPIs whilst providing coaching and mentorship to other team members. This position reports to the Financial Planning & Analysis Senior Manager.

Come for a job, stay for a career!

A Day in The Life Of:

  • Serve as the key FP&A contact for manufacturing sites across the EMEA region, focusing on volume KPIs, as part of the GOSC FP&A Volume Team.
  • Lead the consolidation, review, and analysis of weekly volume KPIs for EMEA manufacturing sites. Investigate and understand drivers of variances (e.g., absorption, product mix) and proactively escalate concerns as needed.
  • Provide guidance, coaching, and training to other Volume Team members. Review their work products and act as a team leader to support development and quality outcomes.
  • Partner with the Data & Analytics team to ensure alignment between online reporting tools (e.g., Weekly Volume Absorption dashboards) and weekly EMEA volume reporting. Analyze and deliver insights from the reporting outputs.
  • Collaborate with Manufacturing Site Operations & Finance partners and Global Manufacturing FP&A teams to create analysis, processes, and presentation content that transform data into actionable stories influencing financial performance.
  • Act as a proactive and strategic business partner to EMEA Platform sites, delivering clear insights and a strong understanding of volume drivers, absorption trends, earned hours, production units, and more.
  • Lead volume assumption planning (production units, earned hours, absorption, etc.) for the Annual Operating Plan and quarterly forecasts. Own detailed volume KPI planning in offline models, OneStream, and other tools as appropriate.
  • Identify and communicate risks and opportunities to the forecast by analyzing expected changes and emerging trends.
  • Support the development and implementation of best practices in Volume KPI planning, analysis, and reporting.
  • Lead and support initiatives to identify, recommend, and implement process improvements and simplifications.
  • Complete ad-hoc analysis, special projects, and data preparation requests for internal customers, as needed.

Key Skills & Experience

  • Bachelor’s Degree with 7+ years of work experience in Finance and / or Accounting (Or Advanced Degree with 5+ years)
  • Professional Accountancy qualification required e.g., ACCA, ACA, CPA, CIMA.
  • Excellent communication skills and excellent interpersonal skills with ability to influence multiple diverse stakeholders, including with senior leadership.
  • Excellent analytical and quantitative skills for creating actionable insights and analysis, especially variance analysis.
  • Ability to work independently and thrive in a fast-paced environment and manage multiple and conflicting deadlines and priorities.
  • Ability to work effectively and collaboratively in a team environment and build strong working relationships across time zones & geographies.
  • Extraordinary independent problem solving and strategic thinking abilities.
  • Project Management and change management skills to leverage for solution implementation.
  • Intermediate to Advanced skills with Microsoft Excel and PowerPoint.
  • Experience with business intelligence and reporting systems would be an advantage.
  • Navigate the complexities of working in a multiple financial system / multiple ERP / multiple currency environment.
  • Manufacturing Finance support and / or Cost Accounting experience is strongly preferred. Focus on FP&A.

Medtronic offer a competitive salary and flexible Benefits Package

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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.

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).

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here