Senior Finance Manager

We anticipate the application window for this opening will close on - 18 Apr 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

A career at Medtronic is like no other. We’re purposeful. We’re committed. And we’re driven by our Mission to alleviate pain, restore health and extend life for millions of people worldwide. We value what makes you unique. Be a part of a company that thinks differently to solve problems, make progress, and deliver meaningful innovations.

Join a diverse team of innovators who bring their worldview, their unique backgrounds, and their individual life experiences to work every day. It’s no accident — we work hard to cultivate a workforce that reflects our patients and partners. We believe it’s the only way to drive healthcare forward and remain a global leader in medical technology and solutions.

Careers That Change Lives

Part of the West\Mexico Manufacturing Region*, the Colorado Campus site includes manufacturing and operations support/activity with a cost of production of $470M+ for multiple businesses.  As the Sr. Finance Manager for the location, the role oversees the manufacturing/operations finance activities and provides financial support and business partnering to site Operations leadership to drive financial results and operating performance improvement (e.g., cost reduction and strategic initiatives for the site). 

The role includes responsibility for partnering across the greater finance organization (OU and GOSC finance), ensuring/maintaining a strong control environment, creating/analyzing financial performance, leading forecasting/planning, and active engagement/communication with management.  

Support financial reporting/close processes, planning, analysis, and cost accounting activity for Colorado Campus sites operations:

• Deliver accurate and clear financial results and financial comparisons at period end

• Support cost accounting activities (including variance reporting standard creation, etc.) and collaboration with other sites as necessary (e.g., universal standards)

• Partner with FP&A during the financial forecasting and planning processes for the site (rolling forecasts, LBEs, AOP, strategic plan, capital plan, etc.), including all expense and balance sheet aspects

• Manage and/or conduct analysis of financial performance and communication of results and maintain active engagement/partnership with management in improving financial performance

• Remain current on key operational projects and activities and incorporate in forecasts, analyses, and target considerations.

• Support Site strategy modeling and business case evaluation

• Complete other ad-hoc and/or standard reporting processes (e.g., cost down) as necessary
   

Provide business partnering, financial reporting, and decision support to the Colorado Campus Operations leadership team and maintain integration of the finance function in supporting business activities and the establishment/execution of the strategic direction:

• Analyze and interpret financial performance and make recommendations concerning resource allocations and operations to maximize site financial results; establish targets as necessary/appropriate

• Partner with Operations to drive initiatives improving operating performance such as yield improvements and labor efficiency, balance sheet optimization, and total cost reductions

• Provide financial leadership and education to Operations partners 

• Attend Tier 4 meeting and discuss relevant financial KPI’s, escalate issues and support MPS and Gemba mgmt.

Partner with West\Mexico Region site finance teams, FP&A, and leadership to drive harmonization and implementation of financial practices, policies, and/or changes across the network.

Support the implementation/maintain internal control procedures, policies, and practices to ascertain proper custody of corporate assets as well as sound, accurate and timely financial reporting. Ensure that the organization’s financial activities follow corporate policies, good accounting practices, procedures and regulations established by federal and local laws.

Management and supervisory professionals with one or more employees who are focused on tactical, operational and some strategic activities within a specified area.

Must Have: Minimum Requirements

Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Have

• BA/BS in Finance or Accounting with Operations Finance experience

• Experience with financial/reporting and manufacturing systems (e.g., SAP, Hyperion/Essbase, etc.)

• Experience and/or ability to lead and operate within a complex organization and with various levels of management

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

• Ability to translate ideas and financial results into concise presentations for senior management

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):$142,400.00 - $213,600.00This 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 95,000+ 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.