Sr Finance Manager R&D COE

MedtronicFridley, MN
$148,000 - $222,000Onsite

About The Position

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 that allow leaders to make nimble, data driven investment decisions—ultimately accelerating delivery of best in class technologies for patients. Help us drive the future of finance business partnering by joining the R&D Finance COE Team. We believe that when people from different cultures, genders, and points of view come together, innovation is the result — and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive. 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 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 Haves

  • Bachelor’s Degree in Finance or Accounting
  • Individual that is motivated by continuous process improvement and strives to drive efficiencies and effectiveness for the function and overall business
  • Has the 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.
  • Strong business acumen: ability to learn/understand the business and influence key stakeholders at various management levels to drive and increase value to the organization.
  • 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.
  • MBA/CPA
  • For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

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.
  • Manages 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.

Benefits

  • Competitive Salary and flexible Benefits Package
  • 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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