Sr Finance Manager

Medtronic

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profile Job Location:

Minneapolis, MN - USA

profile Monthly Salary: $ 144000 - 216000
Posted on: 22 hours ago
Vacancies: 1 Vacancy

Job Summary

We anticipate the application window for this opening will close on - 23 Jan 2026


At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

A Day in the Life

This position serves as a key member of the Global Operations and Supply Chain FP&A team leading and coaching the Cardiovascular Strategic Cost team with the mission to for understanding Gross Margin drivers and enabling sustainable gross margin expansion while adding value through superior decision support for our Finance business partners.

This role is critical to deliver on the financial commitments and will work closely with GOSC and OU business partners. The successful candidate will be responsible for setting strategic direction for the organization to better understand gross margin drivers and establish operating mechanisms with key business partners to help coordinate efforts across the teams.

At Medtronic we bring bold ideas forward with speed and decisiveness to put patients first in everything we -person exchanges are invaluable to our work. Were working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

relocation assistance is not provided for this role

Strategic Financial Leadership

  • Develop a deep understanding product costs and key drivers of cost

  • Gather and summarize data to highlight gross margin trends

  • Create operating mechanisms to bring cross functional teams together to collaborate and align strategies

  • Manage prioritization of deliverables across multiple teams and stakeholders

Functional Excellence and Business Partnering

  • Own and lead OU presentation of Gross Margin analysis KPIs functional performance commentary and forecasting to various levels of management

  • Proactive business partnering with stakeholders in the analysis of trends and anomalies in results

  • Partner cross functionally in support of the AOP and quarterly forecasts to ensure cost down targets strategic initiatives are clearly understood and consistently applied

  • Work with OUs and Portfolios to increase visibility to cost drivers within the cost pools and help identify opportunities for cost savings

Team Management

  • Lead and coach a global team of 2-3 Finance professionals of varying levels and backgrounds focusing on high quality and impactful deliverables while enhancing operational excellence and critical mass to the organization

  • Set strategic direction to the team and allocate work across the team to capitalize on individual strengths and provide individuals with development opportunities while ensuring a balanced workload

  • Demonstrate and promote Medtronic Mindset culture in words and actions (Act Boldly Compete to Win Move with Speed and Decisiveness Foster Belonging Deliver Results the Right Way).

Responsibilities may include the following and other duties may be assigned.

  • Performs and analyzes financial modeling economic research trends and studies subjects such as rates of return depreciation working capital cash flow investments and cost against budget variance analysis forecasting financial planning and expense comparisons by analysis of profit and loss statements and/or income statements.

  • Prepares reports of findings and recommendations compiles and consolidates financial plans and provides insights to management.

  • Develops maintains and establishes operational specifications for financial information systems considering such things as information flow volume ad hoc reporting and analysis.

  • May provide analysis on business development and may monitor business performance by unit division or group.

Required Knowledge and Experience Requires a Baccalaureate degree and 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.

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):$144000.00 - $216000.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience certification/education market conditions and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).

Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

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 95000 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.

Learn more about our business mission and our commitment to diversity here.

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 addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.

If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.


Required Experience:

Manager

We anticipate the application window for this opening will close on - 23 Jan 2026At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected c...
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Key Skills

  • Cognos
  • Forecasting
  • Hyperion
  • Dealership Experience
  • QuickBooks
  • Accounting
  • Corporate Finance
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Management
  • Financial Planning

About Company

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About Medtronic Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology 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 excit ... View more

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