Finance Director

Medtronic • Juncos, PR

2d • Onsite

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. A Day in the Life This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care. Medtronic Diabetes is seeking an accomplished Finance Director to lead the finance function for our business in Juncos, Puerto Rico. You will oversee all financial activities for the $500M+ manufacturing operations, driving operational financial performance and supporting the site’s strategic direction. In addition to your core focus on site and operations finance, you will play a key role in supporting tax strategy and compliance topics in collaboration with Medtronic Diabetes global tax team. As Medtronic has announced plans to IPO the Diabetes business, you will also have the opportunity to support future Transition Service Agreements (TSAs) to ensure business continuity during this important transformation. This is a unique opportunity to make a significant impact in a dynamic manufacturing environment while growing your leadership profile. This role is based in Juncos, Puerto Rico, and may require occasional travel. Responsibilities may include the following and other duties may be assigned. Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements. Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management. Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis. May provide analysis on business development and may monitor business performance by unit, division or group.

Requirements

• Requires Bachelor Degree
• Requires minimum of 10 years of progressive finance experience with 7+ years in a leadership role, including direct oversight of operational of site finance teams, or advanced degree with a minimum of 8 years of progressive finance experience with 7+ years in a leadership role.
• Experience with manufacturing finance and financial systems (SAP, Hyperion/Essbase, etc.).
• Strong leadership skills with the ability to guide, train and develop people
• Strong results orientation and bias for action, including a high degree of initiative and self-motivation in understanding business needs and leading/developing others to meet those needs
• Ability to translate ideas and financial results into concise presentations for senior management
• Proven record of improving results through cost reduction, increasing margins, improving mix, and effective capital management

Nice To Haves

• BA/BS in Finance or Accounting with Operations Finance experience
• Advanced degree (MBA, CPA, or equivalent).
• Experience and/or ability to lead and operate within a complex organization and with various levels of management
• Deep knowledge of cost accounting
• Demonstrated experience supporting tax or compliance topics in a multinational or manufacturing environment.

Responsibilities

• Site & Operations Finance Leadership Serve as the financial leader for the Medtronic Diabetes manufacturing site in Puerto Rico, setting the vision for operational finance and ensuring alignment with Diabetes’ overall business objectives.
• Oversee all aspects of site finance, including cost accounting, financial planning & analysis, budgeting, forecasting, and reporting for manufacturing and operations.
• Lead, mentor, and develop the local finance team, building a culture of high performance and continuous improvement.
• Partner closely with site operations leadership and cross-functional teams to drive operational excellence, cost management, and strategic initiatives.
• Financial Performance & Business Partnership Provide financial oversight for all site activities, evaluating business cases, monitoring performance, and delivering actionable insights to optimize results.
• Guide resource allocation, margin improvement, capital planning, and operational efficiency projects.
• Communicate financial performance transparently to site and regional leaders, ensuring data-driven decision-making.
• Support the integration of finance into business activities and strategic direction for the site.
• Tax Support & Compliance Collaborate with Diabetes’ global tax function to support site-related tax topics, including compliance with local, federal, and international tax regulations.
• Provide financial information and analysis to enable effective tax planning and risk management.
• Integrate tax considerations into broader business and financial planning for the site.
• Strategic Projects & Business Transformation Play a key role in preparing for and supporting potential future Transition Service Agreements (TSAs) related to the announced plan to IPO the Medtronic Diabetes business.
• Lead or support the development and implementation of financial processes, controls, and reporting requirements associated with TSAs to ensure a smooth transition and ongoing business continuity.
• Collaborate with global and regional stakeholders to align on service scope, financial terms, and compliance requirements during the transition period.
• Governance, Controls & Systems Maintain a robust control environment by overseeing internal controls, financial policies, and procedures to protect corporate assets.
• Ensure adherence to corporate, local, and federal accounting standards and regulations.
• Lead the evolution of financial information systems and reporting processes to meet business needs.
• Stakeholder Engagement & Influence Represent site finance at executive leadership meetings, communicating key financial metrics, risks, and opportunities.
• Collaborate across functions to harmonize financial practices and support network-wide initiatives.
• Provide education and mentorship to business partners, elevating financial acumen across the organization.

Benefits

• Medtronic offers a competitive Salary and flexible Benefits Package
• We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees