Principal IT Auditor

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

Team is working hybrid and position will be onsite 2 days/week in Fridley, MN.

We are looking for a Principal IT Auditor that will be an individual contributor within the Corporate Audit team. Our Principal IT Auditor leads the execution of large and higher risk department projects (IT Operational audits, Advisory Reviews, along with integrated audit projects with the Finance & Operations team) with limited oversight from management.

Medtronic is the global leader in medical technology, alleviating pain, restoring health and extending life for millions of people around the world. As a member of the Corporate Audit team, the Principal IT Auditor will contribute to our mission through the independent and objective identification, assessment and evaluation of risks and controls.

We believe that when people from different cultures, genders, and points of view come together, innovation is the result — and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.

Responsibilities

• Executes individual work, and oversees the work of others, while exhibiting an awareness and ability to connect work to department and business initiatives.
• Performs IT audit projects and integrated audits in accordance with department standard operating procedures, as well as International Standards for the Professional Practice of Internal Auditing.
• Collaborates with others in the Global Audit Department and across the business and IT functions.
• Initiates meetings, prepares materials, and leads meetings, including higher stake meetings with Medtronic business partners (e.g., audit kick-off, closing, deficiency discussions, etc.), Medtronic executives (i.e., risk assessment meetings), and external stakeholders (i.e., external auditors, external consultants, etc.).
• Leads significant, complex, and unique audit projects through all stages of the audit process (scoping, planning, fieldwork, and reporting). Identifies and evaluates Medtronic controls for gaps and opportunities, proposes solutions, and partners with management to determine remediation.
• Drives audit planning and scoping, tailors audit steps to the risk assessment, updates management on project status, and coordinates project tasks.
• Delegates work thoughtfully. Performs meaningful review and provides feedback on work delegated.
• Leads a global initiative for the Corporate Audit function, resulting in improved engagement, innovation, or inclusion.
• Develops risk-based audit programs for new or emerging risks.
• Manages multiple projects at the same time, including operating in an organized manner, maintaining an open items list, following up timely with business partners, and escalating issues and open items timely.
• Coaches team members in support of the audit process, technology, and department operations. This includes providing timely reviews, feedback and assisting them in meeting their own job requirements.
• Works independently, with moderate oversight, as well as collaboratively as part of a team.
• Understands the Medtronic and Audit mission to drive innovation, accelerate change, and embrace diversity and inclusion. Individuals will set challenging goals, enable operational excellence, maintain accountability, and model ethical behavior.
• Influences the dynamic audit plan and continuous risk assessment process. Works closely with internal and external stakeholders on risk assessment; gathers and analyzes data to support risk assessment decisions.

Must Have: Minimum Requirements

• Bachelor’s Degree with 7+ years of work experience in audit, financial, or internal controls (Advanced Degree with 5+ years)

Nice to Have (Preferred Qualifications)

• Bachelor’s Degree in a relevant field of study (e.g., computer science, information security, management information systems, or accounting).
• Public Accounting (preferably Big 4) experience, or IT audit experience within a corporate internal audit department.
• Must be fluent in English (written and spoken).
• Understand IT systems and infrastructure, including hardware, software, networks, databases, and cybersecurity.
• Achievement or professional certification, such as an MBA, CPA, CISA, CIA, and/or CISSP (if not currently certified, candidate must commit to certification within a defined timeframe).
• Knowledge of industry standards and best practices, such as COBIT, ITIL, ISO 27001, and NIST frameworks.
• Experience leading and supervising audits.

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.

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): $112,800.00 - $169,200.00. 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 90,000+ 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.

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.

At Medtronic, most positions are posted on our career site for 3-7 days.