Senior Finance Manager - Global Supply Chain (Finance)

We anticipate the application window for this opening will close on - 6 Dec 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 is working hybrid and position will be onsite 2-3 days/week in Fridley, MN.

Act boldly. Compete to win. Move with speed and decisiveness. Foster belonging. Deliver results...the right way. That's the Medtronic Mindset - our cultural norms. Our brand is rooted in action, not just words. The Medtronic Mindset defines the expectations of our culture. Every person here plays a role in bringing it to life. We recognize your extraordinary potential to ensure future generations live better, healthier lives.

Medtronic's Supply Chain is central to the company, ensuring that the right product is available at the right place and time to meet the needs of our customers and patients. The Global Supply Chain (GSC) Function is tasked with balancing supply and demand across the organization and optimizing inventory levels to meet worldwide demand for Medtronic's diverse range of businesses and products.

This position reports to a Sr. Finance Director in GSC supporting Inventory Planning. You will be responsible for providing financial support to leaders in Customer Solutions and Order Operations, and Inventory Health, with a focus on field inventory (e.g., trunk stock and consignment). This role requires cross-functional partnership with various supply chain, operating unit, and finance teams to implement best practices, build capabilities and drive improvement across the supply chain cycle.

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

• Serve as a trusted financial advisor to Customer Solutions, liaising with Demand Planning, Inventory Health, and OU leaders to provide "One Best Way" solutions for field inventory, through proactive engagement and collaboration.
• Oversee the development of financial models to support planning and scenario analysis for inventory management, including excess and obsolescence, and productivity analysis.
• Lead efforts to develop and enhance data dashboards for field inventory, focusing on identifying and leveraging actionable insights.
• Manage and mentor finance professionals, promoting a culture of continuous improvement and professional development.
• Perform other duties or lead projects as assigned.

Must Have: Minimum Requirements

• Bachelors degree in accounting, finance, or related field.
• Minimum of 7+ years of relevant and progressive work experience (5+ years with an Advanced degree) with at least 5 years of managerial experience with a global organization

Nice to Have

• Experience in public accounting, ideally with a Big 4 firm or equivalent, with a strong understanding of accounting principles, regulations, and financial analysis techniques.
• Excellent written and oral communication skills, with the ability to present financial data in a clear and concise manner to leadership.
• Proven track record of collaborating effectively in a matrix environment, including partnerships Corporate Functions, Global Operations and Supply Chain, Regions and Operating Units.
• Demonstrated leadership abilities, including leading teams and achieving results through others.
• Strong organizational skills with the ability to manage and prioritize multiple tasks.
• Ability to excel in a fast-paced environment, handling multiple and conflicting deadlines and priorities.
• High level of initiative and self-motivation.
• Team player with the capability to build and maintain effective working relationships.
• Proficient in problem analysis and resolution at both strategic and operational levels.
• Experience in financial systems such as SAP, Essbase/Hyperion, and/or OneStream.
• Skills in Microsoft tools, including Excel, PowerPoint, Word, and Power BI.

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 - $213,600.00

This 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.