Sr. Finance Manager- Corporate Consolidation
Medtronic
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
The Senior Finance Manager – MiniMed Corporate Consolidations supports the corporate consolidation, financial reporting, and transition services accounting activities for the MiniMed business. This role is responsible for managing key aspects of the consolidated close and reporting process under US GAAP, leading a team within the corporate consolidations function, and supporting Day-1 readiness and ongoing stabilization of Corporate Consolidations and Record-to-Report processes as MiniMed operates as a standalone entity. The role requires strong technical accounting judgment, operational execution, and cross-functional coordination across Finance, Tax, IT, and external auditors.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.
As a Senior Finance Manager, you will play a key leadership role within the MiniMed corporate consolidations team, with responsibility for managing portions of the consolidated financial close, supervising consolidation and reporting activities, and leading a team of finance professionals. You will partner closely with the Controllership, External Reporting & Technical Accounting, FP&A, Tax, IT, and external auditors to deliver accurate, timely, and compliant consolidated financial information.
Responsibilities may include the following, and other duties may be assigned:
Manage and deliver assigned components of the consolidated month-end, quarter-end, and year-end close for MiniMed, ensuring accuracy and timeliness under US GAAP.
Lead day-to-day corporate consolidation activities, including eliminations, intercompany alignment, consolidation journal entries, and balance sheet roll-forwards.
Lead and develop a team within the corporate consolidations function, providing technical guidance, performance coaching, and clear accountability for deliverables.
Support governance and execution of Transition Services Agreements (TSAs), including accounting support, cost tracking, settlement activities, and coordination with Legal, Tax, and FP&A.
Review and analyze consolidated financial results, investigate variances, and ensure appropriate documentation of key judgments and estimates.
Partner with Technical Accounting on complex transactions, separation-related accounting matters, and new accounting standard implementations impacting consolidated results.
Support Day-1 readiness and post-Day-1 stabilization for Corporate Consolidations and Record-to-Report processes, including close calendars, operating procedures, and controls.
Execute and support consolidation and reporting processes within OneStream, including data validation, system reconciliations, and process controls.
Support external audit activities, including preparation of support, responses to inquiries, and coordination across contributing teams.
Execute SOX and internal control requirements at the corporate level, including control execution, documentation, testing support, and remediation activities.
Support intercompany accounting processes and legal-entity governance activities across the MiniMed entity structure.
Drive continuous improvement initiatives focused on close efficiency, standardization, automation, and data quality.
Must Have: Minimum Requirements
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.
Bachelor’s Degree and 7+ years experience as financial analyst, accounting, business analyst or other relevant field and 5 years managerial or leadership experience
OR
Advanced Degree and 5+ years experience as financial analyst, accounting, business analyst or other relevant field and 5 years managerial or leadership experience
Nice-to-have background and experience:
Prior corporate consolidation or financial reporting experience in a public company environment.
Big 4 public accounting experience.
CPA or MBA preferred.
Strong technical accounting knowledge under US GAAP.
Hands-on experience with financial consolidation systems, including OneStream.
Proven experience leading teams and managing complex, cross-functional finance initiatives.
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.
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:
Medtronic benefits and compensation plans
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.
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.