Careers That Change LivesTeamis currently workingina hybrid model andpositionwill be based onsite in Northridge CAor Minneapolis, MN3 days/week.If you are looking to expand business partnering skills, develop influencing capabilities, and lead high-visibility projects, come join our Diabetes Finance Team.?In this exciting position you will be in the heart of Diabetes Finance Organization contributing to the criticalIntegrated Business PlanningandFinancial Planning and Analysisprocesses and outputs that require agility,precisionand business acumen.Youwill focus on forward-looking value capture & value creation activities, such asprovidingthe insight necessary toidentifyand implement actions across the value chain. The role will lead the IBP finance team efforts and be an active participant in all IBP meetings, linking financial & operating metrics to P&L performance, and ensuring operational plans are aligned through the IBP cycle.Additionally, awareness and integration of Active Portfolio Management (APM)/strategy into the IBP cadence is integral to scenario development and delivering targets. The position will collaborate cross-functionally to produceaccurateandtimelyinformation to enhance core metrics that drive accountable and predictable results – and make better planning decisions.? The IBP finance role will be expected to interact with candor and challenge others positions to stimulate thought and make sure the best decision is made.A Day in the LifeResponsibilities may include the following and other duties may be assigned:Lead the monthly financial process as it relates to IBP, attending all step meetings, and coordinating finance efforts to ensure data driven forecasts that align financial and operational targets. Ensure the quantification of all identified risks and opportunities, including modeling scenarios for integrated reconciliation,ultimately leadingto a recommendation in the Monthly Business Reviewsthat willoptimizebusiness financials (P&L, balance sheet, and cash flow.)In partnership with the IBP BU Lead, act as a strategic thought partner - understand, translate, and provide insight into business performance, including competitor and industry trendsServe as an integral link between the supply chain and commercial channels (supply and demand). Effectively differentiate between controllable and uncontrollable (macro-economic) factorsimpactingthe business, proactively working with both supply chain and market leadership to develop actionable plans to navigate those factorsActively champion the IBP process, providing financial leadership as the link between supply and demand, with the goal toultimately driveactions that provide the highest financial return. Work collaboratively with commercial teams in the supply chain to align on planned volumes, related revenue/cogs tradeoffs and theirfinancial impactto the businessUnderstand business IBP performance metrics and gather requisite info to track. Understand how the business benchmarks itself on critical KPIs, internally and externally, and proactively collaborate with key stakeholders to address performanceCommunicate effectively, delivering clear presentations including defending positions on controversial topics, effectively influencing up, down and across the organization in a quest to continuouslyseek"win-win" solutionsPartner closely with cross business/functional managers to play an active role in enhancing connectivity and communicationPartner closely with andleveragethe broader Finance team for key information, including historical reporting and data collection. May include activities related to cost accounting, margin reporting, analysis of data and management reports, management report generation, etc.Provide various other analytical support for the Operating Unit FP&A activity and business partner with overall Portfolio FP&A lead and IBP PMO.? Provide connections to COE inputsActive participation in various business finance initiatives and other duties as assignedProvide recommendations and influence the future direction and evolution of Finance tools and process optimization opportunities with IBPMust Have: Minimum RequirementsBachelor's Degree with 10+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 8+ years)Nice to HaveSolid grounding in financial metrics, balance sheet, income statement, cash flow analysis and data analyticsMS Office (Excel, Power Point and Word) proficiencyStrong business acumen with understanding of key drivers of successDemonstrated success in business partnering initiatives across commercial, functional teams and cross functional teamsAbility to communicate and influence at all levels of the organization and build trust across multiple stakeholder groupsDesign, develop and implement value-added business analytics and metricsAbility to integrate and interpret disparate sources of data using broadrange of analytical data tools.? Incorporates use of statisticalmethodologyand predictive modeling techniquesMBA or CMA or CPA certificationAbout MedtronicTogether, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restorehealthand extend life.? We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be. We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team.Let'swork together to address universal healthcare needs and improve patients' lives. Help us shape the future.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 Day in the Life 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.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. Learn more about our benefits here. This position is eligible for a short-term incentive plan.? Learn more about Medtronic Incentive Plan (MIP) on page 6 here.The provided base salary range is used nationally (except in certain CA locations).?The rate offered is compliant with federal/local regulations and may vary by experience,?certification/education, market conditions, location, etc.
