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.
Responsibilities may include the following and other duties may be assigned.
1. Strategic Financial Leadership
Serve as the financial leader for supply chain procurement contract manufacturing and quality by providing actionable insights strategic direction and financial guidance to support the Diabetes business objectives.
Oversee financial forecasting budgeting and reporting processes for supply chain procurement contract manufacturing and quality ensuring alignment with corporate goals and delivering transparent data-driven insights.
Partner with cross-functional leaders to drive operational excellence margin improvement resource allocation and financial discipline across the organization.
Collaborate with cross-functional teams to harmonize financial practices support Diabetes-wide initiatives and elevate financial acumen across the organization.
Evaluate business cases and support decision-making for key operational initiatives including cost optimization supplier negotiations and strategic investments.
2. Supply Chain Finance
Lead financial planning analysis and reporting for global supply chain operations including logistics distribution centers freight and duties.
Partner with supply chain leaders to optimize costs related to transportation warehousing and distribution networks while supporting strategic initiatives to improve delivery performance and efficiency.
Provide financial oversight for cost-to-serve metrics and ensure alignment with Diabetes global supply chain strategy.
Monitor and analyze freight and duty expenses ensuring cost-effective solutions while maintaining compliance with regulatory requirements.
3. Procurement & Purchasing Finance
Collaborate with procurement teams to develop financial strategies for supplier management vendor negotiations and material cost optimization.
Provide financial oversight for supplier selection contract negotiations and supplier performance management ensuring adherence to cost quality and delivery standards.
Drive initiatives to reduce procurement costs mitigate risks and improve vendor relationships while ensuring compliance with Medtronics financial and regulatory policies.
Partner with procurement leaders to implement cost-saving strategies and enhance the financial efficiency of purchasing activities across the Diabetes business.
4. Contract Manufacturing Finance
Provide financial leadership for contract manufacturing activities including supplier negotiations cost structure optimization and supplier performance management.
Collaborate with contract manufacturing partners to evaluate financial performance identify cost-saving opportunities and ensure alignment with Diabetes quality and delivery standards.
Oversee financial governance for contract manufacturing agreements ensuring compliance with Medtronics policies and regulatory requirements.
Partner with operations and procurement teams to optimize the financial efficiency of contract manufacturing processes and drive value creation.
5. Operations Capital Investment Governance
Lead financial governance for all capital investments within operations including manufacturing sites contract manufacturing and supply chain infrastructure.
Partner with operations leaders to evaluate and prioritize capital projects ensuring alignment with strategic objectives and delivering optimal ROI.
Oversee the financial management of owned operations and contract manufacturing including plant expansions capacity investments and automation projects.
Ensure compliance with corporate policies and maintain a robust control environment for capital expenditures
Must Have: Minimum Requirements
Bachelors degree.
Minimum 10 years of progressive finance experience with at least 7 years in a leadership role including direct oversight of operational supply chain procurement or contract manufacturing finance teams.
Proven expertise in financial strategy supply chain finance investment governance and enterprise-level decision-making in a regulated industry.
Strong analytical skills with experience in financial modeling cost optimization and investment appraisal.
Experience with financial systems such as SAP Hyperion/Essbase or similar platforms.
Nice to Have
Bachelors degree in Finance Accounting Business Administration or a related field.
Advanced degree (MBA or Masters in Finance/Accounting) or professional certification (CPA CMA or CFA).
Experience in supply chain finance contract manufacturing finance procurement finance or logistics for medical devices or diabetes-related products.
Experience and/or ability to lead and operate within a complex organization and with various levels of management
Strong results orientation and bias for action including a high degree of initiative and self-motivation in understanding business needs and leading/developing others to meet those needs
Ability to translate ideas and financial results into concise presentations for senior management
Proactively seeks ways to improve results through cost reduction (both standard cost and costs not in standard) increased margins improve mix and effective capital management
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.
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.
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
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:
Director
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