Sr Finance Program Manager
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 As a Senior Finance Program Manager within Product Innovation, you’ll be the finance lead for a designated set of insulin technology, pump, CGM, software programs and owning OPEX, CAPEX, and full-lifecycle business cases from concept through post-launch. Aligned to these high-priority initiatives, you’ll collaborate with R&D, Marketing, Operations, and Supply Chain to optimize capital allocation, safeguard margins, and ensure every invested dollar delivers maximum value to the business and our patients. 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. This role requires you to work on-site at our Northridge, CA office at least 3 days per week. This on-site presence is vital for collaboration and maintaining strong team connections.
Requirements
- Bachelor’s degree in Finance, Accounting, Business Administration, Engineering, or a related field.
- 7+ years of progressive FP&A / program-finance experience, including ≥ 3 years directly supporting product-development or R&D teams.
- Or, advanced degree and 5+ years of progressive FP&A / program-finance experience, including ≥ 3 years directly supporting product-development or R&D teams.
Nice To Haves
- Advanced financial-modeling skills (Excel, Anaplan or equivalent)
- Proven ability to translate technical details into clear financial insights and influence cross-functional teams up to VP / Board level.
- Strong analytical skills and high attention to detail.
- MBA, PMP, Agile, Lean/Six Sigma, or other equivalent Finance or project-management credentials.
- Demonstrated ownership of P&L management, program-level budgets (OPEX & CAPEX) and full-lifecycle business cases.
- Medical-device, biotech, or other regulated hardware / software industry experience.
- Direct finance support for manufacturing or supply-chain operations (plant‐level cost accounting, standard-cost builds, or transfer-price modeling).
- Proficiency with SAP, Power BI, and automated dashboarding tools.
- Hands-on exposure to should-costing, value engineering, or design-to-value initiatives.
Responsibilities
- Program-Level Financial Ownership Own the full financial picture—OPEX, CAPEX, lifetime P&L, NPV/IRR, and unit economics—for each of your programs. Build, manage, and analyze program-level business case financials for phase-gate and portfolio reviews. Create the annual budget, long-range plan, rolling forecasts and lead risk / opportunity assessments. Track, monitor, and manage spend and headcount, provide real-time variance analysis, and drive corrective-action planning with project managers Perform ad-hoc financial analyses and special projects as assigned.
- Strategic Partnership & Decision Support Lead should-costing, design-to-value, make-vs-buy, and manufacturing-footprint analyses with Engineering, Sourcing, and Operations to safeguard margin goals. Translate technical milestones and program risks into clear financial insights for executive management reviews and updates. Run scenario and sensitivity models to quantify schedule, scope, and design trade-offs.
- Governance & Continuous Improvement Ensure adherence to Medtronic accounting policies, R&D capitalization rules, SOX requirements, and external audit requests. Conduct post-implementation financial reviews to capture lessons learned and feed future roadmaps. Modernize finance processes with digital dashboards, earned-value metrics, and automation tools.
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
- 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)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
