We anticipate the application window for this opening will close on - 27 Nov 2024

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

Team works hybrid and position will be onsite in Fridley, MN, 3 days/week.

If you are looking for an exciting and high visibility role, come join Global FP&A.
This role will lead Medtronic’s Free Cash Flow FP&A function and provide business partnership and strategic financial support to the VP of FP&A.  

The free cash flow analysis performed at the total company level will be used to identify enterprise-wide performance improvement opportunities and to provide forward-looking guidance to senior leaders and investors.  This will require working collaboratively within the broader Global FP&A team as well as Tax, Treasury, External Reporting and finance teams in the operating units and regions. This position will be involved with all areas of free cash flow, including free cash flow from continuing operations, working capital performance, capital expenditures, and the impact of special charges.

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

• Maintain complex financial reporting and forecasting models to manage free cash flow performance at the total company level, including processes and methods to forecast free cash flow on a quarterly, annual, and long-term basis.

• Support developing annual free cash flow targets for the company and operating unit level for use in the annual incentive plan.

• Partner with the Tax, Treasury, Operating Unit/Region FP&A and Controllership teams to forecast the total company balance sheet on a quarterly, annual, and long-term basis.

• Support the preparation of reporting packages for the Board of Directors, Executive Committee.

• Interpret and analyze actual financial performance versus plan or forecast.

• Effectively communicate expectations and results for the business. Prepare and present materials for senior leadership executive briefings and other key stakeholders.

• Lead continuous improvement efforts to ensure we are providing a best-in-class service to our business partners.

• Lead the team through all aspect of professional development.

Must Have: Minimum Requirements

• Bachelor’s Degree with 10+ years of relevant work experience in Finance and/or Accounting OR 8+ years with an advanced degree

Nice to Have

• MBA/CPA/CMA

• Experience in a global organization with the ability to operate within a complex organization 

• Experience interfacing and influencing various levels of management 

• Thorough understanding of the P&L, balance sheet, and cash flow statements as well as Generally Accepted Accounting Principals

• Strong financial modeling, quantitative analysis, and problem-solving skills; experience modeling the P&L, working capital, and free cash flow

• Exceptional analytical and problem-solving skills with the proven ability to analyze processes and suggest/implement continuous improvements

• Strong Excel and PowerPoint skills    

• Understanding of key financial systems tools such as:  Hyperion/SmartView

• Flexible, friendly, team-oriented disposition that thrives in a fast-paced environment

• Strong results orientation and bias for action, including a high degree of initiative and self-motivation in understanding business needs and leading others to meet those needs

Minimal travel expectations in this role (< 25% required)

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):$127,200.00 - $190,800.00This 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).

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 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.

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.