LATAM Principal Financial Analyst
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
As a Principal Financial Analyst, you’ll be responsible for a wide range of operational and functional responsibilities, including supporting the management of all aspects of the Financial Planning and Analysis (FP&A) function for the LATAM Region. You’ll also provide high-level guidance, serve as a key interface, deliver financial modelling and analysis, support the operational decisions of business leaders. Your scope will include revenue and expense planning, reporting, modelling and analysis, Capex management, and other cost-related analysis.At Medtronic, you will use your financial and operational knowledge to address a variety of complex business problems and recommend effective solutions. You’ll help strengthen business partnerships between Finance and the Sales/Marketing organization, as well as other functions. You’ll also provide support in tracking and managing all areas of finance, driving the creation of the organization’s strategic goals and core business KPI’s. This position will report directly to the FP&A Director for LATAM. As part of our hybrid working model, you’ll be expected to report at our office in your location. This is a Principal role, which means you will hold a leadership position without having direct reports. We offer a flexible work model in São Paulo/SP or in another country in Latam, where we have offices as Argentina, Colombia, Chile and Mexico.
Responsibilities may include the following and other duties may be assigned:
- Function as a business partner and finance liaison between LATAM Regional Finance and sub-regional teams by answering questions, providing data and insight into proposed transactions and coordinating and collection, analysis and consolidation of business information
- Provide financial and analytical support for LATAM Regional leadership team including monthly/quarterly sales and operating expense reporting, participation in business reviews and various ad hoc financial analyses
- Participate in pre- and post-monthly close processes to ensure financial results for the Region align with expectations, identify and report variances, and analyse actual vs. forecast performance or/and that variances vs. expectations are identifies and reported as well as analyse actual vs. forecast performance, with an emphasis on understanding and communicating how the Business/region will meet its financial commitments
- Maintain current reporting processes and continually seek to improve or establish other reports and analyses - such as AOP performances, rolling forecast, and strategic plans - to improve business performance
- Assist with roll-up and reporting of LATAMAOP and AOP tracking processes, including submitting of revenue and expense targets from Regions/Cost center managers, preparing business/regional AOP summaries for management, and preparing regional P&L summaries as well as revenue and spending forecasts
- Participate in LATAM reporting by providing revenue/expense analysis and financial accrual processing use of score cards to measure business/region performance
- Identify, analyse, communicate and provide suggested solutions to resolve financial issues which impact business objectives, communicating expected and actual financial results and the activities underlying those results to management
Required Knowledge and Experience:
- Bachelor’s and an MBA or equivalent postgraduate degree in Accounting, Finance or related field
- Experience supporting Financial Planning & Analysis (FP&A) and Sales Organizations with financial planning, forecasting, and expense reporting
- Proficiency in English is required (reading, writing and speaking)
- Experience working in a regional / headquarter office for Latin America.
- Strong proficiency in MS Office, including PowerPoint, Excel and Word
- Experiences MS-Excel/ AI including ability to develop financial modelling, data manipulation, Pivot tables or macros
- Experience with SAP, Power BI and Hyperion
Prior experience in companies in the medical industry or similar regulated industry, as well as proficiency in Spanish are preferred.
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.
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 [email protected].
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).