Senior Finance Manager
Medtronic · Minneapolis, MN · 1 mo ago
On-siteFinance$148k–$222k/yrFull-time
About the role
This role supports one global, center-led R&D Finance standard that enables enterprise business strategy alignment, financial transparency, and accountability across the R&D portfolio. The position is responsible for developing, governing, and leading consistent financial processes, insights, and decision frameworks.
Responsibilities
- Design, implement, and continuously improve Global R&D Finance standards (planning, forecasting, capitalization, investment metrics, and reporting).
- Establish strong governance to ensure consistency in project accounting, standard reporting to determine benchmarks and insights.
- Drive adoption of standards through clear documentation, training, change management, and stakeholder engagement.
- Enable high-quality financial insights that connect investment, risk, progress, and outcomes across the R&D lifecycle.
- Ensure financial insights are forward-looking, actionable, and aligned to enterprise value creation and patient impact.
- Manage staff by setting expectations, coaching performance, and supporting professional development to build a high-performing team.
- Partner closely with COE Team, R&D leaders, portfolio management, CFO/FP&A to ensure end-to-end alignment.
- Serve as a connective leader between center-led finance and business-embedded teams, strengthening collaboration and shared accountability.
Requirements
- Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (or Advanced Degree with 5+ years) plus 5+ years of progressive leadership experience.
- Nice to Have:
- Bachelor’s Degree in Finance or Accounting.
- Motivated by continuous process improvement and striving to drive efficiencies and effectiveness for the function and overall business.
- Ability to see and understand the big picture and translate strategy into executable process improvements.
- Strong ability to drive change through leadership and influence.
- Financial Planning & Analysis (FP&A) work experience, including developing expense analytics.
- Excellent written/oral communication, collaboration, change management and presentation skills, including the ability to translate financial data into concise information for management.
- Strong organization and time management skills, including ability to manage multiple tasks, changing priorities and maintain accurate records.
- High level of initiative and self-motivation. Ability to work independently with limited manager oversight.
- Experience with projects that require high matrix collaboration, building relationships and influence.
- Experience with Medtronic financial systems: SAP, OneStream, Power BI.
- Experience with Microsoft Office tools including Excel, PowerPoint and Word.
Qualifications
- Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (or Advanced Degree with 5+ years) plus 5+ years of progressive leadership experience.
- Bachelor’s Degree in Finance or Accounting (Nice to Have).
- Motivated by continuous process improvement and striving to drive efficiencies and effectiveness for the function and overall business.
- Ability to see and understand the big picture and translate strategy into executable process improvements.
- Strong ability to drive change through leadership and influence.
- Financial Planning & Analysis (FP&A) work experience, including developing expense analytics.
- Excellent written/oral communication, collaboration, change management and presentation skills, including the ability to translate financial data into concise information for management.
- Strong organization and time management skills, including ability to manage multiple tasks, changing priorities and maintain accurate records.
- High level of initiative and self-motivation. Ability to work independently with limited manager oversight.
- Experience with projects that require high matrix collaboration, building relationships and influence.
- Experience with Medtronic financial systems: SAP, OneStream, Power BI.
- Experience with Microsoft Office tools including Excel, PowerPoint and Word.
Skills
- Design, implement, and continuously improve Global R&D Finance standards.
- Establish strong governance to ensure consistency in project accounting.
- Drive adoption of standards through clear documentation, training, change management, and stakeholder engagement.
- Enable high-quality financial insights that connect investment, risk, progress, and outcomes.
- Ensure financial insights are forward-looking, actionable, and aligned to enterprise value creation and patient impact.
- Manage staff by setting expectations, coaching performance, and supporting professional development.
- Partner closely with COE Team, R&D leaders, portfolio management, CFO/FP&A to ensure end-to-end alignment.
- Serve as a connective leader between center-led finance and business-embedded teams.
Benefits
For U.S. employees, Medtronic offers a competitive Salary and flexible Benefits Package, including:
- 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.
- Simple Steps (global well-being program).
The company also provides:
- 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).
- 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.