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.
Reporting directly to the VP Finance, Global Commercial Office, the Finance Consultant will provide finance leadership and analytical support to drive the growth, efficiencies, and financial performance of the Tail Account and Channel Innovation commercial teams. This position will provide critical financial insights to inform strategic decisions, financial forecasts, operating plans, and strategic transformation initiatives. Your primary responsibility will be to support the Tail commercial segment in driving revenue growth, designing quotas, analyzing performance, tracking key performance indicators (KPIs), managing expenses, forecasting, and build and manage progress vs business cases. You will be the primary business partner for the VP U.S. Tail Accounts and Channel. Additionally, you will work closely with other commercial and finance stakeholders responsible for the financial planning and analysis, enterprise segment expansion initiatives, operating budgets, and strategic planning.
A significant focus is placed on delivering exceptional actionable insights to our business partners and customers with a mindset of the team win before individual win. You will also contribute to and represent the department through specific project completions as outlined in annual objectives.
Onsite
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 onsite 4 days a week 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
• Drive Growth
o Be a trusted advisor for the Tail Account and Channel Innovation leadership team to grow revenue and achieve key financial objectives while effectively managing risks and opportunities
o Develop and maintain a mastery of the business to support key operational and strategic decisions by leveraging industry insights and generating scenario analysis
o Partner with Data and Analytics teams to provide insights on account trends and opportunities, rep performance, strategy execution and other meaningful metrics to optimize performance
o Lead the annual operating plan (AOP), forecasting and strategic plan processes
• Financial Management and Reporting
o Lead and prepare monthly business reviews of P&L results with variance analysis, forecast and risk and opportunities
o Provide actionable guidance to business partners to drive alignment to financial goals
o Ensure forecast accuracy and drive accountability with leaders
o Manage Sales Incentive Plan submissions to Comp Administration
o Perform and analyze financial modeling, market research, and trends
o Manage account alignments
• Engage in special projects and ad hoc tasks as required.
This role is in Minneapolis, Minnesota. Our first preference is for candidates in this area, though we will also consider remote applicants within the United States. If you are based in Minnesota, you must be able to meet the requirements of working onsite.
Must Have:
• Broad finance background that includes: financial planning and analysis, commercial/sales finance support, budgeting, financial modeling and sound business acumen
• Undergraduate degree in accounting or finance required, qualified with a minimum of 10+ years of relevant experience, or advance degree with a minimum of 8+ years of relevant experience. MBA preferred
Nice to Have:
• Positive attitude with a high degree of initiative and accountability
• Strong analytical, financial modeling and problem-solving skills with proven ability to multitask in a high paced environment
• Experience in a commercial finance role
• CPA, CMA, and/or MBA
• Medical device, healthcare or pharma industry experience
• Excellent written/oral communication, presentation and influence skills
• Extensive knowledge of SAP, GSR, Tableau, Word, Excel, PowerPoint, and a commitment to keeping computer skills current
• Reliable work ethic and flexibility during peak times
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.
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.
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.
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