Senior Finance Manager - Global Technology & Innovation Team
MedtronicAbout the role
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 will be onsite 3 days/week in Mounds View, MN.
At Medtronic, we live by our core cultural norms: Act boldly. Compete to win. Move with speed and decisiveness. Foster belonging. Deliver results—the right way. This is the Medtronic Mindset.
If you are eager to expand your business partnering skills, develop influencing capabilities, and lead high-visibility projects, we invite you to join our Global R&D Finance CoE Team. As a Senior Finance Manager, you will provide crucial support to Medtronic’s Chief Technology and R&D Officer and have direct oversight of two finance staff members.
We seek leaders with a clear vision of our future and the path to achieve it. We value bold, inclusive thinkers who generate innovative ideas and present our best solutions to benefit our patients, business partners, and customers.
Responsibilities may include the following and other duties may be assigned.
- Influence and Communication: Demonstrate the ability to communicate and influence at all levels within the organization, building trust across multiple stakeholder groups.
- Cross-functional Collaboration: Engage passionately with multiple businesses and geographies, using a hands-on approach to address process and system challenges.
- Results-driven Leadership: Exhibit self-confidence and tenacity, driving results even under pressure.
- Strategic Partnership: Serve as the finance business partner to the Chief Technical and R&D Officer, who is part of the Executive Committee.
- Financial Analysis: Perform and analyze financial modeling, trends, and key subjects such as rates of return, depreciation, working capital, cash flow, investments, and costs versus budget. Conduct variance analysis, forecasting, financial planning, strategic planning, and expense comparisons.
- Financial Reporting: Provide commentary on monthly financial statements and maintain and develop an R&D-specific KPI dashboard.
- Forecasting and Data Management: Submit and structure data related to short- and long-term financial forecasts within corporate applications.
- System Development: Develop, maintain, and establish operational specifications for financial information systems, considering factors such as information flow, volume, ad hoc reporting, and analysis.
- Business Performance: Provide analysis on business development and monitor business performance by unit, division, or group.
- Reporting and Insights: Prepare reports of findings and recommendations, compile and consolidate financial plans, and provide insights to management.
- Team Leadership: Manage two direct reports, including planning, prioritizing, and directing their responsibilities, as well as coaching and developing the team.
Must Have: Minimum Requirements
• Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years) plus 5+ years of progressive leadership experience
Nice to Have
• Knowledge of generally accepted accounting principles (GAAP)
• Experience with SAP, Hyperion Spend, and CMR
• Understanding of Project Accounting
• People management experience
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 th
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