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.
We’re a mission-driven leader in medical technology and solutions with a legacy of integrity and innovation. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world.
In everything we do, we are engineering the extraordinary.
The Senior Finance Director is responsible for providing financial leadership and strategic insights to the Cardiac Pacing Therapies (CPT) business (~$2+ billion) and has responsibility for financial support of CRM Clinical and Medical Affairs functions. Reporting directly to the Cardiac Rhythm Management (CRM) Chief Financial Officer, the Senior Finance Director will serve as the main business partner for the CPT General Manager and the CPT leadership team, while overseeing the finance employee providing direct business partnering to the Chief Medical Officer who leads Clinical & Medical Affairs.
This role manages a high performing team and is responsible for delivering on the worldwide revenue targets along with gross margin and operating profit. Additionally, you are a critical team member in establishing the 5 and 10 year strategic forecasts, building and delivering financial portfolio models, informing strategic decisions through financials, analytics, and market insights, and partnering with CPT leadership team to advance and execute on critical priorities.
We look for leaders who have a clear vision of where we are going and how to get there, bold inclusive thinkers who create new ideas and bring our best solutions forward to benefit our patients, business partners, and customers.
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 may include the following and other duties may be assigned.
Lead business Revenue forecasting - In close partnership with the CPT GM and the broader CRM organization, inform and manage complex financial models to deliver both short- and long-range forecasts with ability to deliver scenario plan ‘what if’ analysis. Ensure accountability and forecasting accuracy through the IBP cycles for CPT.
Provide business Insights to drive growth – A trusted partner to the CPT GM who both challenges and supports the leader with sound financial council by applying strategic thinking and financial analytics to provided business insights, challenge business assumptions, drive fact-based decision making and enabled growth in both revenue and operating income.
Inform Portfolio Financials and Valuations – Look after all aspects of research & development decision making, business case development, financial performance & reporting, and financial controls. Deliver useful business insights through advanced analytics and ensure aligned with the strategic plan from both a business and regional perspective. Ensure plans are established to deliver on gross margin expansion objectives.
Develop and Manage Operational Financial Forecasts – Lead the AOP and quarterly forecast process for the CPT business operating overhead spending, tying financial funding to business strategy and return, performing variance analysis, and leading trade-off decisions.
Provide business insights to support S&OE decisions – Partner with CPT GM, CPT Operations and CPT Marketing to assess forecast accuracy from the regional supply roll ups and complete allocation analysis during supply challenges.
Optimize team performance and cross-functional partnerships – Enables team to pursue possibilities that will create sustainable value and quality outcomes. Empowering the team with meaningful decision making and ownership. Creates a culture that emphasizes ongoing learning and development and encourages others to seek and learn from diverse perspectives. Focuses on driving continuous improvement and quality outcomes.
Clinical and Med Ed – Lead the AOP and quarterly forecast process for the CRM Clinical and Medical Education function. Provide financial performance & reporting support for month and quarter end cycles, including review of clinical program spending accruals. Support clinical business strategy by providing financial analysis and lead trade-off decision making for funding prioritization.
Must Have: Minimum Requirements
Bachelor’s Degree with 15+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 13+ years) plus 10+ years of managerial experience
Nice to Have
Degree in Accounting/Finance
CPA, CMA, and/or MBA
Global Experience working in industry operating outside of United States
Medical Device, Healthcare or Pharma Industry experience
Transformation Experience
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.
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.
U.S. Work Authorization & Sponsorship
At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.
Join us in our mission to alleviate pain, restore health, and extend life—where your unique background and perspective are valued.
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.
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).
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.
Further details are available at the link below:
Medtronic benefits and compensation plans
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.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.