Director of Finance, Pricing & Contracting

Medtronic

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profile Job Location:

Minneapolis, MN - USA

profile Monthly Salary: $ 169600 - 254400
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

We anticipate the application window for this opening will close on - 14 Feb 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

The Director of Finance Pricing & Contracting will report to the Vice President Finance Global Commercial Office and will serve as the primary finance business partner to the Vice President Global Pricing & Contracting providing strategic financial insight decision support and thought partnership across pricing and contracting priorities. This role provides end-to-end financial leadership across global pricing strategy offer development contract and tender management contract performance and contract operations. This includes strategic leadership and management of a multi- year digital technology transformation program. This role also ensures financial discipline across personnel discretionary spending and operational processes.

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.

Strategic Finance Business Partnership

  • Provide forward looking financial insights to support strategy prioritization and execution
  • Partner with Global Pricing & Contracting leadership to evaluate trade offs across pricing strategies contract structures investments and operational capacity
  • Support development of multi-year roadmaps and business cases aligned to enterprise growth and margin objectives
  • Partner with Corporate FP&A Operating Unit and Regional CFOs to drive alignment and accountability

Analytics Insights & Performance Management

  • Lead development of advanced analytics to assess price performance customer profitability contract economics and gross to net drivers
  • Build and maintain financial models to evaluate pricing actions contract scenarios and strategic initiatives translating complexity into clear recommendations
  • Provide scenario analysis and sensitivity modeling to inform leadership decisions and corrective actions
  • Support margin improvement initiatives
  • Monitor pricing performance contract leakage rebate utilization and post-deal profitability

Cost Management and Resource Optimization

  • Accountable for setting Annual Operating Plan Strategic Plan and forecasting for Pricing and Contracting operating and capital expenses
  • Accountable for the management of Pricing and Contracting headcount and operating expenses ensuring alignment to strategic priorities
  • Identify cost optimization opportunities across pricing and contracting while maintaining service levels
  • Monitor productivity cost-to-service and ROI of operating model changes and investments

Process Excellence & Digital Enablement

  • Drive continuous improvement and standardization of pricing and contracting finance processes.
  • Partner closely on system modernization and organizational transformation initiatives ensuring rigorous business cases ROI measurement and value tracking frameworks. This includes building and reporting measurable impact metrics tied to productivity automation cost efficiency and commercial value creation across regions and operating units.
  • Improve cycle times transparency and forecast accuracy across pricing and contracting workflows.

Leadership & Talent Development

  • Lead coach and develop analysts providing clear priorities feedback and development plans
  • Build deep subject matter expertise and business acumen within the role ensuring strong capability in pricing strategy contract economics and operations
  • Actively mentor and upskill analysts to increase impact independence and enterprise thinking
  • Foster a culture of ethics and accountability
  • Extend leadership impact beyond direct reports by influencing cross functional partners and contributing to broader Finance capability building and best practice sharing

Must Have: Minimum Requirements

  • Bachelors Degree with a minimum of 10 years of finance pricing and/or contracting experience with 7 years of managerial experience or advanced degree with a minimum of 8 years of finance pricing and/or contracting experience with 7 years of managerial experience

Nice to Have:

  • CPA CMA and/or MBA
  • Experience in med-tech healthcare or life sciences
  • Advanced financial modeling analytics and executive communication skills
  • Excellent communication and interpersonal skills to work with senior management and external stakeholders
  • Strategic thinking and ability to translate business objectives into financial strategies
  • Deep expertise in pricing contracting rebates and chargebacks
  • Strong understanding of revenue recognition gross-to-net dynamics
  • Proven ability to lead in a matrixed fast-paced commercial environment
  • Excellent decision making analytical and problem solving abilities with attention to detail and accuracy
  • Experience driving business transformation and process improvement initiatives
  • Global 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):$169600.00 - $254400.00

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

This position is eligible for an annual long-term incentive plan.

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:

Director

We anticipate the application window for this opening will close on - 14 Feb 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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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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