Sr Finance Director - MiniMed Corporate Consolidations

Medtronic • Los Angeles, CA

3d

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 The Sr. Finance Director – MiniMed Corporate Consolidations is responsible for leading the corporate consolidation, financial reporting, transition services accounting, and financial systems strategy for the MiniMed business. This role provides end-to-end ownership of consolidated financial close and reporting under US GAAP, governance of Transition Services Agreements (TSAs) during the separation period, leadership of the corporate consolidations organization, and ownership of MiniMed’s future-state financial systems roadmap. The position plays a critical role in Day-1 readiness, post-Day-1 stabilization, and the design and execution of scalable Record-to-Report processes as MiniMed operates as a standalone entity. 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. As a Sr. Finance Director, you will lead the MiniMed corporate consolidation function with responsibility for consolidated financial close, external reporting support, TSA governance, enterprise financial systems leadership, and management of the corporate consolidations and reporting team. You will partner closely with Controllership, FP&A, External Reporting & Technical Accounting, Tax, IT, and enterprise transformation initiatives, as well as internal and external auditors, to ensure accurate, timely, and compliant consolidated financial reporting throughout the separation and beyond.

Requirements

• Bachelor’s Degree and 15+ years experience as financial analyst, accounting, business analyst or other relevant field and 10+ years of managerial or leadership experience.
• OR, Advanced Degree and 13+ years experience as financial analyst, accounting, business analyst or other relevant field and 10+ years of managerial or leadership experience.

Nice To Haves

• Prior corporate consolidation experience in a public company or complex, multi-entity environment.
• Big 4 public accounting experience.
• CPA or MBA preferred.
• Strong technical accounting foundation under US GAAP.
• Hands-on experience with financial consolidation systems (OneStream) and large-scale ERP implementations (SAP preferred).
• Demonstrated experience leading senior teams and managing complex, cross-functional initiatives, including separation and enterprise systems transformations.

Responsibilities

• Own and lead the consolidated month-end, quarter-end, and year-end close for MiniMed, ensuring timely and accurate consolidated financial results under US GAAP.
• Oversee corporate consolidation activities, including eliminations, intercompany alignment, consolidation journal entries, and balance sheet integrity across MiniMed legal entities.
• Drive Day-1 readiness and post-Day-1 stabilization for Corporate Consolidations and Record-to-Report, including operating model design, close calendars, and control frameworks.
• Lead MiniMed’s financial systems roadmap for consolidation, close, and reporting, ensuring alignment with finance strategy, operating model design, and long-term scalability.
• Serve as the finance lead for MiniMed in the enterprise-wide SAP S/4HANA implementation, partnering with IT and enterprise transformation to define requirements, influence design decisions, and ensure end-to-end integration with consolidation, close, and reporting processes.
• Establish and maintain governance over Transition Services Agreements (TSAs), including accounting treatment, cost tracking, settlement processes, and cross-functional coordination with Legal, Tax, FP&A, and IT.
• Lead, develop, and mentor the corporate consolidations and reporting organization, establishing clear accountability, scalable processes, and strong internal control ownership.
• Partner with Technical Accounting to evaluate complex transactions, separation-related matters, and new accounting standards impacting consolidated financials.
• Own and enhance consolidation and reporting processes within OneStream, including system design inputs, data flow validation, and process controls, while planning for future-state system evolution.
• Support external reporting requirements, including consolidated financial statement support, audit coordination, and responses to auditor inquiries.
• Ensure compliance with SOX and internal control requirements at the corporate level, including control design, documentation, execution, testing, and remediation.
• Provide oversight and guidance on intercompany accounting, legal-entity governance, and fiduciary responsibilities across the MiniMed entity structure.
• Drive continuous improvement initiatives focused on close efficiency, data quality, automation, and scalability aligned to a standalone public company environment.
• Act as a senior finance liaison and executive leadership, providing clear insight into consolidated results, key judgments, systems impacts, and reporting risks.

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

What This Job Offers

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