Finance Director

Medtronic•Fridley, MN

22d•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 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. Are you a strategic thinker with a passion for numbers and data-driven decision-making? Do you thrive in fast-paced environments where your insights directly influence the direction of the company? If so, we want you on our team! The Finance Director role will manage and enforce Medtronic’s capitol allocation strategy, play a critical role in defining, measuring, and setting key financial targets and metrics across businesses that delivers on Medtronic's margin goals, and develop and manage regular financial reporting packages for the Executive leadership team as well as Board of Directors. You will analyze financial data, build financial models, and develop insights and recommendations to support executive leadership decisioning. This role requires partnership across the organization with various stakeholders, including senior management. 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 a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Requirements

Bachelor’s Degree with 10+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 8+ years) plus 7+ years of managerial experience

Nice To Haves

Bachelor’s Degree in Accounting or Finance
High level of diplomacy, discretion, and experience with various levels of employees
Experience operating in a complex matrixed environment and interacting across levels and organizations
Strong attention to detail
Eagerness to learn and expand responsibilities
Experience in capital project and/or capital allocation
MBA or CPA
Strong judgment, problem solving skills, tact, and discretion in identifying and resolving issues within established guidelines
Results-oriented, self-motivated, organized, efficient, process-oriented
Team-oriented with demonstrated ability and willingness to perform various tasks in a fast-paced environment
Experienced in partnering with senior leaders and providing leadership in managing the function and establishing its strategic direction
Strong communications skills, both written and verbal

Responsibilities

Capital Allocation & Investment Governance Lead capital allocation frameworks across organic investment, M&A, and divestitures
Establish and enforce financial hurdle rates, ROI/IRR standards, and prioritization criteria
Oversee investment review processes, including stage gates and post-investment performance tracking
Ensure capital is deployed in alignment with enterprise strategy and shareholder value creation
Financial Target Setting & Margin Delivery Partner across functions to design and implement financial targets that explicitly support gross margin and operating margin objectives across the enterprise
Translate margin goals into actionable targets (pricing, cost of goods sold, opex efficiency, mix, productivity)
Partner with business leaders to embed margin targets into: Annual operating plans and long‑range plans Incentive structures and performance management Investment and resource allocation decisions
Monitor execution against margin targets using leading indicators and early‑warning signals
Ensure consistency between strategic initiatives, financial plans, and reported margin outcomes
Executive & Board Engagement Prepare board‑level materials that clearly articulate strategic tradeoffs
Communicate financial narratives that connect performance, risk, and strategy
Support board committee content creation and development

Benefits

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.
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 (subject to IRS earning minimums)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)