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

Careers That Change Lives

Part of the Caribbean Manufacturing Region, the Ponce site includes manufacturing and operations support/activity with a cost of production of $300M+ for multiple businesses. As the Sr. Finance Manager for the location, the role oversees the manufacturing/operations finance activities and provides financial support and business partnering to site Operations leadership to drive financial results and operating performance improvement (e.g., cost reduction and strategic initiatives for the site).

The role includes responsibility for partnering across the greater finance organization (Operating Units and Global Operations and Supply Chain finance), ensuring/maintaining a strong control environment, creating/analyzing financial performance, leading forecasting/planning, and active engagement/communication with management.

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. ​

A Day in the Life

Responsibilities may include the following and other duties may be assigned.

• Support financial reporting/close processes, planning, analysis, and cost accounting activity for Ponce site operations:
  • Deliver accurate and clear financial results and financial comparisons at period end
  • Support cost accounting activities (including variance reporting standard creation, etc.) and collaboration with other sites as necessary (e.g., universal standards)
  • Partner with FP&A during the financial forecasting and planning processes for the site (rolling forecasts, LBEs, AOP, strategic plan, capital plan, etc.), including all expense and balance sheet aspects
  • Manage and/or conduct analysis of financial performance and communication of results and maintain active engagement/partnership with management in improving financial performance
  • Remain current on key operational projects and activities and incorporate in forecasts, analyses, and target considerations.
  • Support Site strategy modeling and business case evaluation
  • Complete other ad-hoc and/or standard reporting processes (e.g., cost down) as necessary

• Provide business partnering, financial reporting, and decision support to the Ponce Operations leadership team and maintain integration of the finance function in supporting business activities and the establishment/execution of the strategic direction:
  • Analyze and interpret financial performance and make recommendations concerning resource allocations and operations to maximize site financial results; establish targets as necessary/appropriate
  • Partner with Operations to drive initiatives improving operating performance such as yield improvements and labor efficiency, balance sheet optimization, and total cost reductions
  • Provide financial leadership and education to Operations partners
  • Attend Tier 4 meeting and discuss relevant financial KPI’s, escalate issues and support MPS and GEMBA mgmt.
  • Partner with Caribbean Region site finance teams, FP&A, and leadership to drive harmonization and implementation of financial practices, policies, and/or changes across the network.
  • Support the implementation/maintain internal control procedures, policies, and practices to ascertain proper custody of corporate assets as well as sound, accurate and timely financial reporting. Ensure that the organization’s financial activities follow corporate policies, good accounting practices, procedures and regulations established by federal and local laws.
  • Management and supervisory professionals with one or more employees who are focused on tactical, operational and some strategic activities within a specified area.
  • Performs and analyzes financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis .

Must Have: Minimum Requirements

• Requires a Bachelor degree
• and minimum of 7 years of relevant experience or advanced degree with a minimum of 5 years of relevant experience

Nice to Have

• BA/BS in Finance or Accounting with Operations Finance experience
• Experience with financial/reporting and manufacturing systems (e.g., SAP, Hyperion/Essbase, etc.)
• Experience and/or ability to lead and operate within a complex organization and with various levels of management
• Strong results orientation and bias for action, including a high degree of initiative and self-motivation in understanding business needs and leading/developing others to meet those needs
• Ability to translate ideas and financial results into concise presentations for senior management
• Proactively seeks ways to improve results through cost reduction (both standard cost and costs not in standard), increased margins, improve mix, and effective capital management

DIFFERENTIATING FACTORS

Autonomy: Manages one or more medium-scale, established programs with generally-defined program plans and delivery methodologies.
Is accountable for overall program process, performance, and customer satisfaction.

Organizational Impact: Participates in establishing program objectives, timelines, milestones, and budgets .
Develops new policies and procedures that affect program management.
Typically has budget accountability for one or more programs.
Program decisions are generally recommended to higher level management.

Innovation and Complexity: Problems and issues faced are difficult and undefined, and require detailed information gathering, analysis and investigation to understand the problem.
Problems typically impact multiple workstreams, departments or specialties .
Enhances programs management processes to improve program.

Communication and Influence: Communicates and leads meetings with internal and external customers and vendors, conducts briefings to higher level management team.
Influences across functions and businesses while balancing divergent objectives to gain cooperation of other parties on program objectives and execution plans .

Leadership and Talent Management: Leads, directs and reviews the work of a team of managers, experienced professionals and/or vendors who exercise latitude and independence in their assignments.
Establishes daily tasks necessary for successful program execution.
Not directly responsible for hire or fire decisions and people management.

Physical Job Requirements

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.

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

About Medtronic

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.