Sr Finance Director - MiniMed Corporate Consolidations
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 Sr. Finance Director – MiniMed Corporate Consolidations is responsible for leading the corporate consolidation, financial reporting, transition services accounting, and financial systems strategy for the MiniMed business. This role provides end-to-end ownership of consolidated financial close and reporting under US GAAP, governance of Transition Services Agreements (TSAs) during the separation period, leadership of the corporate consolidations organization, and ownership of MiniMed’s future-state financial systems roadmap. The position plays a critical role in Day-1 readiness, post-Day-1 stabilization, and the design and execution of scalable Record-to-Report processes as MiniMed operates as a standalone entity.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 Sr. Finance Director, you will lead the MiniMed corporate consolidation function with responsibility for consolidated financial close, external reporting support, TSA governance, enterprise financial systems leadership, and management of the corporate consolidations and reporting team. You will partner closely with Controllership, FP&A, External Reporting & Technical Accounting, Tax, IT, and enterprise transformation initiatives, as well as internal and external auditors, to ensure accurate, timely, and compliant consolidated financial reporting throughout the separation and beyond.
Responsibilities may include the following, and other duties may be assigned:
- Own and lead the consolidated month-end, quarter-end, and year-end close for MiniMed, ensuring timely and accurate consolidated financial results under US GAAP.
- Oversee corporate consolidation activities, including eliminations, intercompany alignment, consolidation journal entries, and balance sheet integrity across MiniMed legal entities.
- Drive Day-1 readiness and post-Day-1 stabilization for Corporate Consolidations and Record-to-Report, including operating model design, close calendars, and control frameworks.
- Lead MiniMed’s financial systems roadmap for consolidation, close, and reporting, ensuring alignment with finance strategy, operating model design, and long-term scalability.
- Serve as the finance lead for MiniMed in the enterprise-wide SAP S/4HANA implementation, partnering with IT and enterprise transformation to define requirements, influence design decisions, and ensure end-to-end integration with consolidation, close, and reporting processes.
- Establish and maintain governance over Transition Services Agreements (TSAs), including accounting treatment, cost tracking, settlement processes, and cross-functional coordination with Legal, Tax, FP&A, and IT.
- Lead, develop, and mentor the corporate consolidations and reporting organization, establishing clear accountability, scalable processes, and strong internal control ownership.
- Partner with Technical Accounting to evaluate complex transactions, separation-related matters, and new accounting standards impacting consolidated financials.
- Own and enhance consolidation and reporting processes within OneStream, including system design inputs, data flow validation, and process controls, while planning for future-state system evolution.
- Support external reporting requirements, including consolidated financial statement support, audit coordination, and responses to auditor inquiries.
- Ensure compliance with SOX and internal control requirements at the corporate level, including control design, documentation, execution, testing, and remediation.
- Provide oversight and guidance on intercompany accounting, legal-entity governance, and fiduciary responsibilities across the MiniMed entity structure.
- Drive continuous improvement initiatives focused on close efficiency, data quality, automation, and scalability aligned to a standalone public company environment.
- Act as a senior finance liaison and executive leadership, providing clear insight into consolidated results, key judgments, systems impacts, and reporting risks.
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 15+ years experience as financial analyst, accounting, business analyst or other relevant field and 10+ years of managerial or leadership experience.
- OR, Advanced Degree and 13+ years experience as financial analyst, accounting, business analyst or other relevant field and 10+ years of managerial or leadership experience.
Nice-to-have background and experience:
- Prior corporate consolidation experience in a public company or complex, multi-entity environment.
- Big 4 public accounting experience.
- CPA or MBA preferred.
- Strong technical accounting foundation under US GAAP.
- Hands-on experience with financial consolidation systems (OneStream) and large-scale ERP implementations (SAP preferred).
- Demonstrated experience leading senior teams and managing complex, cross-functional initiatives, including separation and enterprise systems transformations.
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).This position is eligible for an annual long-term incentive plan.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.