Senior Finance Manager at Medtronic in Fridley, Minnesota

Job Description:

Careers That Change Lives

Act boldly. Compete to win. Move with speed and decisiveness. Foster belonging. Deliver results...the right way. That's the Medtronic Mindset - our cultural norms. Our brand is rooted in action, not just words. The Medtronic Mindset defines the expectations of our culture. Every person here plays a role in bringing it to life. We recognize your extraordinary potential to ensure future generations live better, healthier lives.

This position is a crucial part of the Global Operations and Supply Chain FP&A Leadership team, overseeing and coaching the Volume and Inventory FP&A team. The primary goal is to enhance value through superior decision support for our Manufacturing and Finance business partners.

The role is essential for meeting financial commitments and driving continuous improvements, standardization, and efficiencies in forecasting and reporting on Manufacturing Production Volumes and Inventory impacts. The successful candidate will lead the strategic direction of the organization through cross-functional partnerships with the Supply Chain and Manufacturing teams, developing processes to explain volume drivers in results and translate demand volume into financial forecasts.

A Day in the Life

Strategic Financial Leadership

• Develop processes to translate manufacturing production volumes into financial forecasts to accurately forecast absorption accounts.
• Collaborate with Supply Chain and Manufacturing teams to support cash flow analysis and trade-offs.
• Partner with the global manufacturing finance team to develop reporting and processes to monitor volume drivers and explain P&L and Balance sheet impacts of production volumes

• Lead and prepare production volume analysis and forecasting presentations for various levels of management
• Proactively partner with stakeholders in analyzing trends and anomalies in results
• Cross-functionally prepare the AOP and quarterly forecasts to ensure demand signals are accurately translated into absorption forecast
• Work with OUs and Portfolios to understand demand variability and potential impacts on future production volumes and inventory levels

• Lead and coach a global team of 6-7 Financial Analysts of varying levels and backgrounds, focusing on high-quality and impactful deliverables
• Set strategic direction for the team and allocate work to capitalize on individual strengths, providing development opportunities while ensuring a balanced workload
• Demonstrate and promote the Medtronic Mindset culture in words and actions (Act Boldly, Compete to Win, Move with Speed and Decisiveness, Foster Belonging, Deliver Results the Right Way)

Must Have: Minimum Requirements

To be considered for this position, please ensure your resume reflects the minimum requirements as noted

• Bachelor's degree
• Minimum of 7 years of relevant experience with 5+ years of managerial experience, or advanced degree with a minimum of 5 years of relevant experience with 5+ years of managerial experience
• Experience leading teams and accomplishing work through others, recruiting, retaining, and developing talent
• Fluent in English

• Strong ability to partner with senior leadership and collaborate through others, facilitate decision-making activities, build relationship networks at all levels, and lead change
• Leadership and high ethical performance standards
• Understanding and implementation of strategy, shifting from tactical to strategic
• Strong financial analysis and accounting skills
• Team player in a matrix structure with excellent communication/presentation skills
• Working experience supporting Manufacturing and familiarity with cost accounting principles
• Experience with business intelligence and reporting systems would be an advantage
• Global experience, working in large, complex, matrix organizations
• Strong communication skills and excellent interpersonal skills with the ability to influence multiple diverse stakeholders
• Strong quantitative and analytical skills for creating actionable insights and analysis

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let's work together to address universal healthcare needs and improve patients' lives. Help us shape the future.

Physical Job Requirements

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, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America).