Senior Finance Director at Medtronic in Minneapolis, Minnesota, United States of America

Job description

• Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.
• A Day in the Life
• The Senior Finance Director, Global Service & Repair, will serve as the senior finance partner to the Global Service & Repair leadership team and lead the transformation of the organization’s financial operating model.
• This leader will be responsible for delivering financial insights, strengthening forecasting and performance management, improving profitability, and establishing consistent financial processes across regions and business units. The Finance Director will also lead a multi-year transformation agenda focused on standardization, automation, data integrity, governance, and the development of scalable finance capabilities.
• The successful candidate will be a strategic, enterprise-minded transformation leader who can translate complex financial and operational information into clear decisions, mobilize teams across a global matrix, and drive sustainable change without relying on direct authority.
• At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re 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.

Responsibilities

• Responsibilities may include the following and other duties may be assigned.
• Strategic Finance Leadership: Serve as the primary finance partner to Global Service & Repair leadership, translating business strategy into financial priorities that drive growth, profitability, investment returns, and effective resource allocation.
• Finance Transformation: Lead the transformation of Global Service & Repair Finance by standardizing processes, simplifying ways of working, and expanding the use of automation, analytics, and artificial intelligence across regions.
• Financial Planning and Performance Management: Lead planning, forecasting, and performance reviews while improving financial predictability and providing executive-ready insights into results, risks, opportunities, and required actions.
• Revenue, Margin and Cost Management: Partner with commercial and operational leaders to improve revenue, margin, pricing, cost-to-serve, warranty performance, and overall business profitability.
• Data, Reporting and Controls: Strengthen data quality, financial reporting, governance, and controls by establishing consistent definitions, reporting structures, and trusted sources of information.
• Enterprise Leadership: Influence and align stakeholders across the global matrix.
• People Leadership: Build and lead a high performing global finance team with strong business partnership, analytical, transformation, and execution capabilities.

Requirements

• Bachelor's degree
• 15+ years of progressive finance, accounting, FP&A, commercial finance, operations finance, or business leadership experience (or advanced degree with 13+ years)
• 10+ years of managerial experience
• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field; advanced degree or certification preferred
• Experience leading large-scale finance, business, process, data, or technology transformation
• Experience managing or supporting a global service, aftermarket, recurring-revenue, or customer-support business.
• Strong financial planning, forecasting, performance management, and business partnering skills
• Experience supporting global businesses within complex, matrixed organizations
• Demonstrated ability to influence senior leaders and drive results across teams
• Experience leading and developing high-performing teams
• Strong executive communication and presentation skills
• Experience in healthcare, medical technology, manufacturing, field service, or other regulated industries
• Familiarity with ERP systems, financial planning tools, business intelligence, and data governance
• For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

Skills

Required

• Strategic finance leadership
• Revenue, margin, and cost management
• People leadership and team development

Benefits

• 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):$204,800.00 - $307,200.00
• 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 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, and Simple 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), and Capital 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.
• Medtronic benefits and compensation plans