Director of Financial Planning & Analysis- ACM at Medtronic in Boulder, Colorado

Job Description:

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
If you are looking for a challenging role, with high visibility, supporting one of the larger operating unit within Medtronic, join the ACM Finance Team as the Director of Financial Planning & Analysis. You will serve as a dynamic member of the newly formed Acute Care & Monitoring (ACM) OU Finance leadership team. Total revenue of ACM is $2B and is the 6th largest business at Medtronic. The ACM Operating Unit was formed through the combination of the former Patient Monitoring (PM) and Respiratory Interventions (RI) OUs coming together as one.

The ACM FP&A Director leads a team of five people. This role provides business partnership and strategic financial support across the ACM leadership team requiring the ability to influence through insightful analytics. A strong business acumen, command of P&L management, and the ability to collaborate with numerous cross functional partners such as regional finance, R&D, operations, Portfolio and Corporate stakeholders are critical to success.

This role reports directly to the operating unit CFO for the $2 billion Acute Care and Monitoring business.

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

• Partner directly with the CF O of ACM to build and meet global business objectives , including revenue, gross margin, capital, and functional targets while ensuring appropriate resource allocations.

• Provide financial analysis for ACM strategic and annual operating plans, forecasts, and lead monthly closing processes .

• Communicate monthly and quarterly business results and performance drivers both internally to ACM and up to portfolio finance, corporate finance, and inventor relations .

• Lead specific target initiatives (as identified by the CFO or ACM LT ) to partner with certain geography or function, to assist in driving revenue growth , margin expansion, or cost optimization .

• Provide financial leadership and analytical support to cross functional teams and committees .

• Analyze, interpret, manage, coordinate, and communicate business performance based on targets. Utilize measurement to drive action towards those business objectives .

• Prepare financial analyses on special projects . Direct the development and implementation of financial and operational systems.

• Collaborate with other functions and finance personnel to ensure that shared resources are deployed effectively and efficiently.

• Provide analysis on business development and m onitor business performance by unit, division, or group.

• Recruit, develop and provide performance management to the ACM Finance Team.

PEOPLE MANAGEMENT FUNCTIONAL CAREER STREAM: Management and supervisory professionals with one or more employees who are focused on tactical, operational and some strategic activities within a specified area. Levels within the management career stream typically have six or more direct reports. The majority of time is spent overseeing their area of responsibility, managing performance, developing talent, engagement and inclusion, communicating business and operational developments, planning, prioritizing and / or directing the responsibilities of direct reports. Goal achievement is typically accomplished through performance of direct and / or indirect reports . A key responsibility of roles in this career stream is managing people. which includes : accountability for mentoring, developing and coaching staff on meeting/exceeding performance expectations and defined objectives , providing leadership to staff ensuring the prioritization of strategic and department level initiatives to include defining performance goals and targets, conducting performance reviews, and staff 1:1s to guide performance management and employee development efforts and manage toward departmental goals.

DIFFERENTIATING FACTORS

Autonomy: Manages department (s) or small unit that includes multiple teams led by managers and / or supervisors.

Provides motivational leadership for the area managed.

Provides thought and technical leadership.

Performs work without appreciable direction.

Organizational Impact: Leads the development of the strategy for own department or business area, ensuring links to the company's aims and objectives .

Management authority to make large business decisions and some strategic decisions.

Decisions impact the financial performance, employees, or public image of the operational unit and/or company.

Typically has budget or P&L accountability for a department, broad functional area, or geography.

Innovation and Complexity: Drives innovation across the business area, encouraging best practice and knowledge sharing.

Significantly improves, changes , or adapts own department or business area's processes, systems, products, or services.

Problems and issues faced are complex, difficult , and undefined, and require detailed information gathering, analysis and investigation to understand the problem.

Communication and Influence: Develops long term strategic relationships and alliances with key internal and external stakeholders.

Communicates and conducts briefings with senior or executive leadership regarding ongoing operations and strategic initiatives.

Influences across functions and businesses to negotiate and gain cooperation on operational issues and internal divergent objectives .

Leadership and Talent Management: Directs and leads a department, broad functional area or geography, including one or more teams led by managers and / or supervisors.

Determines supervisory relationships and creates workforce and staffing plans to accomplish business results.

Authorizes hiring, firing, promotion and reward within own area.

Required Knowledge and Experience: Requires broad management and leadership knowledge to lead multiple job areas, and detailed functional and operational expertise .

Typically has mastery level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function.

Qualifications

Bachelors degree is finance or related and a minimum of 10 years of finance experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of finance experience with 7+ years of managerial experience."

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):$168,800.00 - $253,200.00

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 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.

At Medtronic, most positions are posted on our career site for 3-7 days.