At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You'll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
The Finance Director for Material Purchasing and Production Volume FP&A is responsible for aligning team strategies with GOSC Finance objectives, promoting operational effectiveness, and driving organizational performance. This role oversees financial planning and analysis for material purchases and production volumes, partnering with finance and non-finance teams in Supply Management, Supply Chain, and Manufacturing to optimize cash flow and P&L performance across Medtronic.
You will have a Hybrid work schedule, being on-site in a Medtronic facility 2-3 days/week. Ideal locations are:
Minneapolis - Twin Cities area
Boulder, CO
Juncos, PR
Tijuana, MX
Galway, Ireland
Other locations will be considered for candidates in locations where they can work on-site from a Medtronic facility.
This position will require working throughout global time zones and have the flexibility to travel globally up to 20% annually.
As the Finance Director - Material Purchasing & Production Volume FP&A your Key Responsibilities will be to:
Lead the financial forecasting processes for materials and manufacturing absorption accounts, ensuring assumptions are clearly defined, accurately applied and are aligned with business objectives.
Collaborate with Supply Chain, Supply Management, and Manufacturing teams to support cash flow analysis and trade-offs decisions to balance outcomes across the P&L and Balance Sheet.
Ensure the accuracy and integrity of financial reporting and analysis.
Drive continuous improvement in financial processes, systems, and controls.
Identify and implement efficiencies through the standardization of processes and automation.
Lead and mentor a team of finance professionals, fostering a culture of high performance and continuous development.
Promote a collaborative and inclusive work environment, encouraging innovation, collaboration and excellence in a global team.
Provide purpose and context for the team to create linkages between the work the team does and Medtronic objectives and performance.
Act as a trusted advisor to senior leadership, providing financial insights to drive business decisions across the organization.
Analyze trends and convey to cross functional partners how volumes, inflation, savings, and FX impact gross margin performance.
Partner with operational leaders to align on key volume forecast assumptions and ensuring alignment where applicable and articulating deviations where necessary across IBP, Supply Chain and Finance processes.
Must Have: Minimum Requirements
To be considered for this role, please ensure the minimum requirements and permanent address are evident on your resume.
Bachelor's degree required.
Minimum of 10 years of relevant FP&A experience in Manufacturing Costing with 7+ years of Managerial experience, or advanced degree with a minimum of 8 years of relevant FP&A experience in Manufacturing Costing with 7+ years of Managerial experience.
Nice to Have
Proven ability to lead and develop high-performing teams.
Strong strategic thinking and problem-solving skills.
Excellent communication and presentation skills.
Ability to build relationships and influence at all levels of the organization.
High ethical standards and integrity.
Understanding of cost accounting principals and/or strong desire to learn.
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):$168,800.00 - $253,200.00
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).
Medtronic benefits and compensation plans (https://www3.benefitsolver.com/benefits/BenefitSolverView?page_name=signon&co_num=30601&co_affid=medtronic)
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 90,000+ 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 (http://www.medtronic.com) .
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 law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
At Medtronic, most positions are posted on our career site for 3-7 days.
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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 90,000+ 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.
We change lives . Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That's who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives.
We build extraordinary solutions as one team . With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough.
This life-changing career is yours to engineer . By bringing your ambitious ideas, unique perspective and contributions, you will...
Build a better future, amplifying your impact on the causes that matter to you and the world
Grow a career reflective of your passion and abilities
Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning
These commitments set our team apart from the rest:
Experiences that put people first . Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need.
Life-transforming technologies . No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms.
Better outcomes for our world . Here, it's about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls.
Insight-driven care . Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care
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 law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
For sales reps and other patient facing field employees, going into a healthcare settingis considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here (https://www.e-verify.gov/employees) .
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