Finance Director, Global Inventory and SOGL
New Today
Global Supply Chain Finance Director
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 Global Supply Chain Finance Director has responsibility for financial oversight, reporting, and strategic decision support for a global supply chain planning, inventory and SOGL. This position will partner with the Global Supply Chain organization and will serve as the primary finance support for multiple Vice Presidents. This position will support financial planning, trending, driver-based modeling and reporting for Inventory, Scrap, Obsolescence and other key metrics from across the vertically integrated supply chain from production to sales. The position will require strong financial acumen and leadership skills to shape the strategy for these operations while collaborating across the finance teams to driver improvements in working capital.
Provide sound financial counsel to Supply Chain VPs aligning our financial goals to key strategic imperatives.
- Analyze and interpret KPIs and financial performance and make recommendations impacting operations including resource allocations to maximize working capital and financial performance.
- Collaborate with internal stakeholders (Business Development, Treasury, Tax, Regional Finance, Corporate Finance, Corporate, Group and Operating Unit Finance) as well as external stakeholders consisting of governmental bodies, Joint Venture partners, external suppliers, and auditors.
- Facilitate development and execution of plans to deliver annual cost savings
- Support the system platforms where finance is accountable for establishing and maintaining core attributes.
Lead a team to achieve both financial and business goals, using innovative and engaging leadership techniques:
- Shape and develop the team to ensure consistent high performance and foster career development
- Oversee analysis of financial performance, communication of those results, active engagement with management in improving working capital and financial performance, staying abreast of key operational projects and activities, and establishment of targets and forecasts when appropriate.
- Influencing skills required to navigate the matrix of key stakeholders across the company.
Use financial acumen and technical skills to drive continuous improvement related to key metrics and financial results:
- Ensure compliance while partnering with GOSC controllership in GAAP, local statutory accounting, SOX, as well as Medtronic's worldwide finance policies and procedures, including oversight of balance sheet integrity, overall compliance efforts and technical guidance.
- Safeguarding of assets by establishing and administering control standards required to ensure effective utilization and control of assets and capital structure
Qualifications
Must Have: Minimum Requirements
- Bachelor's Degree in Finance/Accounting Required and 10+ years' experience in accounting / finance with at least 5 years' experience in a supply chain or manufacturing environment required with 7+ years of managerial experience, or advanced degree with 8+ years of accounting / finance experience with 7+ years of managerial experience
- Working knowledge of Sarbanes-Oxley and accounting standards (US GAAP, IFRS, and local statutory regulations) required
- Working in large, complex organizations (multi-national companies)
- Approximately 10-20% domestic and international business travel required
Nice to Have
- MBA and/or CPA/CMA Preferred
- Global Finance Experience Preferred
- S&OP / IBP Experience Preferred
- Lean Six Sigma or other Operational Excellence
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.
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.
At Medtronic, most positions are posted on our career site for 3-7 days.
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): Total Base Pay Range 176,800.00 - 221,000.00 - 265,200.00 USD Annual.
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
- Location:
- Minneapolis
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