Finance Director, Global Inventory and SOGL

MedtronicMinneapolis, MN
130d$176,800 - $265,200

About The Position

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. The Global Supply Chain Finance Director has responsibility for financial oversight, reporting, and strategic decision support for a global supply chain planning, inventory and SOGL. This position will partner with the Global Supply Chain organization and will serve as the primary finance support for multiple Vice Presidents. This position will support financial planning, trending, driver-based modeling and reporting for Inventory, Scrap, Obsolescence and other key metrics from across the vertically integrated supply chain from production to sales. The position will require strong financial acumen and leadership skills to shape the strategy for these operations while collaborating across the finance teams to drive improvements in working capital.

Requirements

  • Bachelor's Degree in Finance/Accounting Required.
  • 10+ years' experience in accounting/finance with at least 5 years' experience in a supply chain or manufacturing environment.
  • 7+ years of managerial experience.
  • Working knowledge of Sarbanes-Oxley and accounting standards (US GAAP, IFRS, and local statutory regulations).
  • Experience working in large, complex organizations (multi-national companies).
  • Approximately 10-20% domestic and international business travel required.

Nice To Haves

  • MBA and/or CPA/CMA Preferred.
  • Global Finance Experience Preferred.
  • S&OP / IBP Experience Preferred.
  • Lean Six Sigma or other Operational Excellence.

Responsibilities

  • Provide sound financial counsel to Supply Chain VPs aligning our financial goals to key strategic imperatives.
  • Analyze and interpret KPIs and financial performance and make recommendations impacting operations including resource allocations to maximize working capital and financial performance.
  • Collaborate with internal stakeholders (Business Development, Treasury, Tax, Regional Finance, Corporate Finance, Corporate, Group and Operating Unit Finance) as well as external stakeholders consisting of governmental bodies, Joint Venture partners, external suppliers, and auditors.
  • Facilitate development and execution of plans to deliver annual cost savings.
  • Support the system platforms where finance is accountable for establishing and maintaining core attributes.
  • Lead a team to achieve both financial and business goals, using innovative and engaging leadership techniques.
  • Shape and develop the team to ensure consistent high performance and foster career development.
  • Oversee analysis of financial performance, communication of those results, active engagement with management in improving working capital and financial performance.
  • Ensure compliance while partnering with GOSC controllership in GAAP, local statutory accounting, SOX, as well as Medtronic's worldwide finance policies and procedures.
  • Safeguard assets by establishing and administering control standards required to ensure effective utilization and control of assets and capital structure.

Benefits

  • 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).
  • 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.
  • Capital Accumulation Plan.

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Industry

Professional, Scientific, and Technical Services

Education Level

Bachelor's degree

Number of Employees

5,001-10,000 employees

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