Sr Finance Director MiniMed Corporate Consolidations
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Job Location:
Northridge, CA - USA
Monthly Salary:
$ 203200 - 304800
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
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
The Sr. Finance Director MiniMed Corporate Consolidations is responsible for leading the corporate consolidation financial reporting transition services accounting and financial systems strategy for the MiniMed business. This role provides end-to-end ownership of consolidated financial close and reporting under US GAAP governance of Transition Services Agreements (TSAs) during the separation period leadership of the corporate consolidations organization and ownership of MiniMeds future-state financial systems roadmap. The position plays a critical role in Day-1 readiness post-Day-1 stabilization and the design and execution of scalable Record-to-Report processes as MiniMed operates as a standalone entity.This position is an exciting opportunity to work with Medtronics Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential enabling us to operate with greater speed and agility. As a separate entity we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.
As a Sr. Finance Director you will lead the MiniMed corporate consolidation function with responsibility for consolidated financial close external reporting support TSA governance enterprise financial systems leadership and management of the corporate consolidations and reporting team. You will partner closely with Controllership FP&A External Reporting & Technical Accounting Tax IT and enterprise transformation initiatives as well as internal and external auditors to ensure accurate timely and compliant consolidated financial reporting throughout the separation and beyond.
Responsibilities may include the following and other duties may be assigned:
- Own and lead theconsolidatedmonth-end quarter-end and year-end close forMiniMed ensuringtimelyandaccurateconsolidatedfinancial results under US GAAP.
- Oversee corporate consolidation activities including eliminations intercompany alignment consolidation journalentries and balance sheet integrity acrossMiniMedlegal entities.
- Drive Day-1 readiness and post-Day-1 stabilization for Corporate Consolidations and Record-to-Report includingoperating model design close calendars and control frameworks.
- LeadMiniMedsfinancial systems roadmap for consolidation close and reporting ensuring alignment withfinance strategy operating model design and long-term scalability.
- Serve as the finance lead forMiniMedin the enterprise-wide SAP S/4HANA implementation partnering with ITandenterprise transformationto define requirements influence design decisions and ensure end-to-endintegration with consolidation close and reporting processes.
- Establish andmaintaingovernance over Transition Services Agreements (TSAs) including accounting treatmentcost tracking settlement processes and cross-functional coordination with Legal Tax FP&A and IT.
- Lead develop and mentor the corporate consolidations and reporting organizationestablishingclearaccountability scalable processes and strong internal control ownership.
- Partner with Technical Accounting to evaluate complex transactions separation-related matters and newaccounting standardsimpactingconsolidatedfinancials.
- Own and enhance consolidation and reporting processes within OneStream including system design inputs dataflow validation and process controls while planning for future-state system evolution.
- Support external reporting requirements includingconsolidatedfinancial statement support audit coordinationand responses to auditor inquiries.
- Ensure compliance with SOX and internal control requirements at the corporate level including control designdocumentation execution testing and remediation.
- Provide oversight and guidance on intercompany accounting legal-entity governance and fiduciaryresponsibilities across theMiniMedentity structure.
- Drive continuous improvement initiatives focused on close efficiency data quality automation and scalabilityaligned to a standalone public company environment.
- Act as a senior finance liaison and executive leadershipprovidingclear insight intoconsolidatedresults keyjudgments systemsimpacts and reporting risks.
Must Have:MinimumRequirements:
To be considered for this role pleaseensuretheminimumrequirements areevidentin your applicant profile.
- Bachelors Degree and 15years experienceas financial analyst accounting business analyst or other relevant field and 10 years of managerial or leadership experience.
- OR Advanced Degree and 13years experienceas financial analyst accounting business analyst or other relevant field and 10 years of managerial or leadership experience.
Nice-to-have background and experience:
- Prior corporate consolidation experience in a public company or complex multi-entity environment.
- Big 4 public accounting experience.
- CPA or MBA preferred.
- Strong technical accounting foundation under US GAAP.
- Hands-on experience with financial consolidation systems (OneStream) and large-scale ERP implementations (SAPpreferred).
- Demonstrated experience leading senior teams and managing complex cross-functional initiatives including separation and enterprise systems transformations.
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.
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:
Director
Key Skills
- Accounting Software
- Forecasting
- Ellucian
- Financial Report Writing
- GAAP
- Accounting
- Corporate Finance
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Management
- Financial Planning
About Company
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
