What are the responsibilities and job description for the Sr. Program Manager, Strategic Finance position at Medtronic?
We anticipate the application window for this opening will close on - 30 Apr 2025
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 reports to the Sr. Director of FP&A, Strategic Finance, and IBP for the Surgical OU, a $6B portfolio that spans a wide array of capital and consumable products across all stages of the product lifecycle, including the Hugo Surgical Robotics system.
This role will sit in our on North Haven, CT office (we may consider MN or CO).
The Sr. Program Manager, Strategic Finance will lead revenue and margin forecasting efforts by closely partnering with:
Responsibilities may include the following and other duties may be assigned:
Surgical Strategy Business Partnering:
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
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.
Salary ranges for U.S (excl. PR) locations (USD):$142,400.00 - $213,600.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: 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).
The following benefits and additional compensation are available to all regular employees: 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).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
About Medtronic
Medtronic benefits and compensation plans
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000 passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
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 reports to the Sr. Director of FP&A, Strategic Finance, and IBP for the Surgical OU, a $6B portfolio that spans a wide array of capital and consumable products across all stages of the product lifecycle, including the Hugo Surgical Robotics system.
This role will sit in our on North Haven, CT office (we may consider MN or CO).
The Sr. Program Manager, Strategic Finance will lead revenue and margin forecasting efforts by closely partnering with:
- The Surgical strategy organization to understand how markets, procedures, and products drive business strategy
- Global BU and regional finance teams to ensure strategic insights translate into financial commitments
- Demand and supply teams to align financial commitments with supply signals as part of the Integrated Business Planning (IBP) process
Responsibilities may include the following and other duties may be assigned:
Surgical Strategy Business Partnering:
- Partner with strategy and marketing teams to consolidate and stress-test market models and share assumptions
- Model P&L forecast scenarios to support strategic business cases from organic and inorganic investments
- Lead financial modeling and cross-functional business for due diligence on inorganic growth opportunities. Core team member for new acquisitions.
- Finance lead for the Surgical China growth strategy, collaborating with BU finance teams, China finance teams, and tax colleagues
- Assist in development of presentations to EXCOM and the board of directors
- Manage budgeting and spend oversight for the Surgical Strategy team
- Direct and lead processes for the Annual Operating Plan (AOP), Strategic Plan, and quarterly forecasting cycles
- Develop and maintain models for global revenue & margin forecasting, including analysis of prior forecasts, market trends, IBP data, pricing strategies, and FX impact.
- Present monthly financial forecast updates to the Surgical President and CFO during the Surgical Executive Management Business Review (MBR)
- Drive IBP best practices across Surgical Finance, including global BU finance teams and OLM/RLM regional finance teams
- Act as the liaison between Surgical OU IBP efforts and Corporate IBP teams, ensuring clear communication of deadlines, system enhancements, and process improvements.
- Utilize Anaplan, PowerBI, CMR, and offline market models to provide actionable insights for leadership.
- Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R.
- 214.2(h)( 4)(iii)(A)
- 7 years of strategic finance experience, or advanced degree with a minimum of 5 years strategic finance experience.
- Advanced Degree (M.S., MBA) or professional qualification (CFA, CPA)
- Proficient in systems – Anaplan, PowerBI, OneStream, Control
- Medical device experience
- Strong analytical and business partnership skills with a keen attention to detail
- Proven ability to take ownership of critical reporting and analysis
- Excellent communication, presentation, and organizational skills with ability to manage multiple priorities
- Strong interpersonal skills and the ability to work effectively in team environments
- Advanced quantitative analysis and problem-solving abilities, with the ability to translate complex data into concise insights for leadership
- High integrity, self-confidence, initiative, and motivation
- Solid foundation of accounting, financial planning, and business management
- Proficiency in Microsoft PowerPoint, Outlook, Excel, and PowerBI
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & Compensation
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.
Salary ranges for U.S (excl. PR) locations (USD):$142,400.00 - $213,600.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).
The following benefits and additional compensation are available to those regular employees who work 20 hours per week: 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).
The following benefits and additional compensation are available to all regular employees: 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).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
About Medtronic
Medtronic benefits and compensation plans
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000 passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Salary : $142,400 - $213,600
