We anticipate the application window for this opening will close on - 28 Feb 2025

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

Reporting directly to the US Finance director, the Finance Principal will provide finance leadership and analytical support to drive the financial performance of the U.S. business supporting various business. This position will provide key financial insights to inform strategic decisions, drive actions, financial and IBP Demand forecasts and annual operating plans. He/she work closely with Commercial leaders (Marketing and Sales), Demand planners and other members of the U.S. and Global finance teams responsible for the financial planning and analysis, financial statement forecasts, operating budgets, and strategic/long-range plans.

The location for this position preferably will be based in CO, CT or MA and will require occasional travel.

• Lead the preparation and analysis of the Annual Operating Plan, Forecasting cycles and Strategic Plans, including analysis of competitors (benchmarking), procedural data and other relevant market drivers.
• Ensure Forecast Accuracy in IBP and Financial forecasts and drive accountability within the Commercial organization.
• Prepare supporting financial analysis to drive the performance of the business and execute on the strategic & tactical business decisions, providing advice and counsel focusing on trends for key financial statement line items.
• Collaborate with Global Finance, Marketing and IBP to drive optimal and synergistic processes.
• Partner with the Sales and US Marketing teams to provide insights on opportunity account pipelines, strategy implementation (among other meaningful metrics) to drive additional opportunities to optimize results.
• Explain variances between actual results versus prior year; versus AOP / forecast and market trends, and make recommendations and actions for future actions.
• Compile and review Latest Best Estimates (LBE) for respective areas of responsibility, taking into consideration actual business performance, previous and estimated expenditures. Develop early warning systems intra quarter and implement contingency & investment plans to ensure financial commitments are achieved / exceeded.
• Lead the preparation of all monthly, quarterly, and full year financial analysis, dashboards and reports, incl. daily sales, expense & headcount reporting as well as graphs and charts to turn large amounts of data into value-added information to drive business performance.
• Additional responsibility of Consolidations role for US ASI
• Actively champion IBP process and reinforce IBP cultural changes within the business.

Basic Qualifications:

Education required/ preferred:

• Undergraduate degree in accounting or finance required, qualified with a minimum of 8+ years of relevant experience, or advance degree with a minimum of 6+ years prior relevant experience.  CPA/MBA preferred

Experience:

• Broad finance background that includes: financial planning and analysis, accounting, finance, internal management reporting systems, budgeting, acquisition and investment analysis and financial modeling.
• Previous experience with a global manufacturing company preferred.

Desired/Preferred Qualifications:

Skills/Qualifications:

• Enables strategic direction for the Business with the ability to balance business needs with relevant financial control objectives.
• Solid understanding of accounting.
• Knowledge of Hyperion systems, SAP, E-one and global consolidations.
• Strong analytical and problem solving skills and financial modeling skills.
• Excellent interpersonal, communication and influencing skills.

Competencies:

• Independent, Action oriented and ‘hands on’ team player.
• High energy and a proven track record of influencing accountability as well as attaining organizational and personal objectives.
• Track record of implementing Operational Excellence
• The ability to manage diversity, solve problems and make decisions.
• The ability to collaborate across complex matrix organization.

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):$103,200.00 - $154,800.00This 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).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance,Health Savings Account,Healthcare Flexible Spending Account,Life insurance, Long-term disability leave,Dependent daycare spending account,Tuition 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 match,Short-term disability,Paid time off,Paid holidays,Employee Stock Purchase Plan,Employee Assistance Program,Non-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 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.