Sr. Program Manager Corporate Development
Medtronic
Position Description:
Sr. Program Manager for Medtronic, Inc. located in Minneapolis, MN, operates with limited supervision as the primary contact for Corporate Development leading critical aspects of mergers and acquisitions, joint ventures, minority investments, and divestitures. Operates independently on both small to mid-size deals, own major work streams on large scale deals/divestitures with limited Senior Leader involvement bringing in senior level support when needed. Responsible for complex financial modeling and scenario planning, including regression analysis, decision tree analysis, tornado analysis and Monte Carlo simulation. Creates original models in Excel from numerous inputs and presents financial metrics in dynamic multivariable tabular outputs showing NPV (net present value), IRR (internal rate of return) and ROI (return on investment) calculations and applies appropriate accounting principles to outputs. Understand global medical device market drivers related to technology advancements, market development, regulation, clinical, and reimbursement, that drive success and failure in new technologies and uses that knowledge to develop multivariable market assessments and models. Leverage financial markets and financial tools like Capital IQ and Pitchbook to engage with experts like investment bankers, investors, founders and law firms to direct work and resolve problems. Responsible for critiquing enterprise strategies, strategic plans, and translating to operating actions, then clearly conveying a message to simple presentation format and engage in live presentation with C-level audience. Contribute to evaluating start-up technologies and products and work with startup founders to do initial technology assessments and formulating operating plans and detailed budgets. Daily responsibilities include managing numerous projects and stakeholders as a cross-functional team leader demonstrating robust critical decision making, problem-solving, and analytical analysis skills. Relocation assistance not available for this position. Travel required: 40%. Area: Global. Scope: Conduct due diligence on the target companies; business meetings. #LI-DNI.
Basic Qualifications:
Master of Business Administration degree required with Bachelor’s Degree in either Accounting or Finance. Requires five (5) years of post-Bachelor’s progressive experience in Investment banking or investor relations focused on transaction execution. Experience must include five (5) years of post-Bachelor’s progressive experience in each of the following: Complex Excel financial modeling and scenario planning, using regression analysis, decision tree analysis, tornado analysis and Monte Carlo simulation. Mastery of Microsoft Excel is essential along with in depth knowledge of financial metrics and accounting principles; Assessing Healthcare markets and regulation to develop detailed market assessments and models; Working with investment banks, investors, founders and law firms to direct work and resolve problems; experience with using of financial tools like Capital IQ and Pitchbook; Analyzing enterprise strategies and strategic plans and converting themes into clear, succinct written reports and presentation to C-level management. Experience must include two (2) years of post-Bachelor’s progressive experience in each of the following: Evaluating innovative healthcare products; Analyzing and preparing operating plans and detailed budgets; Leading cross-functional projects with members from R&D, quality, manufacturing, marketing; and other core functions in a healthcare company using robust critical decision making, problem-solving, and analytical analysis skills.
Worksite Location: 710 Medtronic Parkway NE, Minneapolis, MN 55432.
Salary: $204,700 to $246,000 per year
THIS POSITION QUALIFIES FOR THE MEDTRONIC EMPLOYEE REFERRAL BONUS PROGRAM AT THE LEVEL OF $1,000. Refer to the program guidelines located at InternalJobs.Medtronic.com
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: