Medtronic · 16 hours ago
Sr Finance Manager
Minneapolis, Minnesota, United States of America
Full-time
Onsite
Senior Level
$144K/yr - $216K/yr
7+ years expMedtronic is a global healthcare technology leader committed to tackling the most challenging health problems. The Sr Finance Manager will lead the Cardiovascular Strategic Cost team, focusing on understanding gross margin drivers and providing decision support to finance business partners while fostering collaboration across teams.
Artificial Intelligence (AI)BiotechnologyHealth CareHealth DiagnosticsMedical Device
Responsibilities
Develop a deep understanding product costs and key drivers of cost
Gather and summarize data to highlight gross margin trends
Create operating mechanisms to bring cross functional teams together to collaborate and align strategies
Manage prioritization of deliverables across multiple teams and stakeholders
Own and lead OU presentation of Gross Margin analysis, KPIs, functional performance commentary, and forecasting to various levels of management
Proactive business partnering with stakeholders in the analysis of trends and anomalies in results
Partner cross functionally in support of the AOP and quarterly forecasts, to ensure cost down targets, strategic initiatives are clearly understood and consistently applied
Work with OUs and Portfolios to increase visibility to cost drivers within the cost pools and help identify opportunities for cost savings
Lead and coach a global team of 2-3 Finance professionals of varying levels and backgrounds focusing on high quality and impactful deliverables, while enhancing operational excellence and critical mass to the organization
Set strategic direction to the team and allocate work across the team to capitalize on individual strengths and provide individuals with development opportunities while ensuring a balanced workload
Demonstrate and promote Medtronic Mindset culture in words and actions (Act Boldly, Compete to Win, Move with Speed and Decisiveness, Foster Belonging, Deliver Results the Right Way)
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 of profit and loss statements and/or income statements
Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management
Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis
May provide analysis on business development and may monitor business performance by unit, division or group
Qualification
Required
Requires a Baccalaureate degree and minimum of 7 years of relevant experience with 5+ years of managerial experience, or advanced degree with a minimum of 5 years of relevant experience with 5+ years of managerial experience
Benefits
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
Simple Steps (global well-being program)
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)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)
Company
Medtronic
Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.
10001+ employees
H1B Sponsorship
Medtronic has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (349)
2024 (387)
2023 (291)
2022 (310)
2021 (300)
2020 (261)
Funding
Current Stage
Public CompanyTotal Funding
$18.16BKey Investors
NHS EnglandBlackstone Life SciencesTrade Capital Funding
2025-09-15Post Ipo Debt· $1.76B
2024-05-29Post Ipo Debt· $3.24B
2023-03-23Post Ipo Debt· $2B
Leadership Team
Geoffrey Martha
CEO and Chairman Of The Board Of Directors
Linnea Burman
SVP & President, Neurovascular
Recent News
2026-01-08
2026-01-07
Company data provided by crunchbase