Principal Financial Analyst - Service & Repair Finance Process Improvement

About the role

Medtronic is looking for a Principal Financial Analyst to act as a global finance subject matter expert for the Service & Repair organisation. The role improves and standardises accounting and finance processes, connecting accounting requirements, business operations, data and SAP capabilities to simplify processes, improve data quality and strengthen financial controls. It works across Finance, Accounting, Operations and IT.

Key responsibilities

• Act as a global SME for Service & Repair accounting processes, including service orders, repairs, parts and inventory, revenue and costs, warranty, intercompany activities, accruals and month-end close.
• Analyse end-to-end finance processes and SAP transaction flows to find gaps, manual activities, control weaknesses and data-quality issues.
• Translate business and accounting needs into process designs, functional requirements, testing scenarios, procedures and control documentation.
• Lead or support SAP improvements covering master data, automated postings, account determination, workflows, interfaces, reporting and exception handling.
• Drive harmonisation of accounting processes across regions, balancing global standards with local requirements.
• Partner with Finance, Accounting, IT, Operations and Global Process Owners to implement practical, compliant solutions.
• Improve month-end and year-end processes by reducing manual work, strengthening reconciliations and applying root-cause analysis.
• Establish process governance and performance measures, provide management reporting and recommend further standardisation and automation.

Required profile

• 8-10 years of progressive experience in finance, accounting, controllership, finance transformation or process improvement.
• Proven ability to lead or contribute to global process harmonisation, finance transformation, automation or continuous improvement.
• Strong process analysis and problem-solving skills, including root-cause analysis.
• Understanding of financial controls, compliance and the impact of process and system changes on financial reporting.
• Bachelor's degree in Accounting, Finance, Business Administration, Information Systems or a related field.
• Preferred: professional qualification such as ACA, ACCA, CPA, CMA or equivalent; background in finance transformation, shared services or global process ownership; experience with Service & Repair, field service, aftermarket or medical device operations.

Required skills

• Strong knowledge of accounting processes in an ERP environment, preferably SAP (General Ledger, automated postings, account determination, reconciliations, financial reporting).
• Solid understanding of service operations, repair, aftermarket, field service, inventory, parts or warranty business models.
• Strong Excel skills and confidence with large financial and operational datasets.
• Excellent communication and stakeholder-management skills in a global matrix environment.
• Preferred: SAP implementation, testing, release management or issue resolution; Power BI, Power Query, SQL or similar analytical tools.

What we offer

• Competitive salary with a stated range of 84,320 EUR to 126,480 EUR in the Netherlands, depending on experience, skills and qualifications.
• A flexible benefits package.
• Eligibility for the Medtronic Incentive Plan (MIP).