Director - Portfolio Management CFO

MED Medtronic Inc
MN OHQ Corporate, MN Remote Full Time
POSTED ON 9/4/2024 CLOSED ON 9/26/2024

What are the responsibilities and job description for the Director - Portfolio Management CFO position at MED Medtronic Inc?

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 Team is working hybrid and position will be onsite 3 days/week but will consider US remote worker for the right candidate. This position reports to the Vice President and CFO of Portfolio Management and partners with the VP and General Manager of the Ventilator Service Solutions (VSS) team. The primary responsibilities are to provide finance and business partner support for businesses in the Transition Portfolio, with a key and current focus on VSS. Joining the Portfolio Management team provides an opportunity to work on dynamic and highly visible projects that shape and contribute directly to the strategic direction of Medtronic. We believe that when people from different cultures, genders, and points of view come together, innovation is the result — and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive. Responsibilities may include the following and other duties may be assigned. Direct all aspects of financial analysis, accounting, and reporting of the VSS business, including ownership of the WW P&L. Partner directly with the VSS General Manager to build and meet global business objectives. Analyze, interpret, manage, coordinate, and communicate business performance. Utilize measurement to drive action towards business objectives. Develop and implement performance measures that focus on key business drivers (financial and non-financial) to support long term performance and strategic objectives. Partner directly with functions that support the VSS business, including those that report directly to the General Manager. Provide financial leadership and analytical support to cross functional teams and committees. Direct strategic and annual operating plan, forecasts, and monthly closing processes. Coordinate the development of and assist in the implementation of contingency plans to achieve annual plan or forecast commitments. Partner with the CFO of Portfolio Management to identify opportunities for margin improvement. Provide guidance and consulting to Portfolio/Region teams working to identify margin improvement opportunities. Assist in the P&L and cash flow models and planning for the execution and contribution of these opportunities to the Transition Portfolio. For businesses, products, and opportunities contributed to the Transition Portfolio, provide financial oversight and leadership consistent with the responsibilities described for VSS. As a key member of the Portfolio Management team, this role will support financial and strategic analyses on special projects as they arise. Must Have: Minimum Requirements Bachelor’s Degree with 10 years of work experience in Finance and/or Accounting with 7 years of managerial experience OR an advanced degree with a minimum of 8 years of finance experience with 7 years of managerial experience Nice to Have (Preferred Qualifications) Strong quantitative analysis and problem-solving skills, and high degree of initiative and influence management skills. Strong interpersonal skills with the ability to influence and lead others Ability to effectively communicate at all levels and across the organization Business partnering: Identifies a broad range of business issues and provides leadership in the decision-making process, actively participates in managing the business and establishing its strategic direction. Finance and accounting knowledge: Demonstrates a broad and in-depth understanding of Accounting and Finance. Understands, interprets, and applies accounting principles and processes to ensure compliance with legal, business accounting, and ethical standards. Financial analysis: Organizes and structures business information to identify specific risks and opportunities. Applies quantitative and qualitative factors, skills and business experience, to arrive at meaningful conclusions and recommendations. Develops innovative alternatives and solutions when issues arise. Strong organization and prioritization skills with ability to multi-task and manage several projects simultaneously Planning & reporting: Accurately monitors and projects the organization's financial performance. Provides performance measures and interprets results in view of plans and objectives. CPA, CFA or other professional credentials preferred 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. Salary ranges for U.S (excl. PR) locations (USD):$168,800.00 - $253,200.00 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. 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 90,000 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. At Medtronic, most positions are posted on our career site for 3-7 days. Welcome to our new Careers Site! If you applied before July 22nd, please check your email for a notification from us providing you with instructions and a link to set up your new account and retain access to your current activity. If you do not see an email from us, please feel free to proceed with creating a new account. 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 90,000 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. We change lives. Each team member, each day, helps to improve and redefine how the world treats the most pressing health conditions, from heart disease to diabetes. Our industry leadership comes from the passion and ingenuity of our people. That’s who we are. Working alongside one another, we use science, medicine, and a profound understanding of the human body to build extraordinary technologies that can transform lives. We build extraordinary solutions as one team. With one Medtronic Mindset defining how we work. Speed and decisiveness run through our DNA. Diverse perspectives inspire our bold answers to any challenge that comes our way. And we deliver results the right way, breakthrough after patient breakthrough. This life-changing career is yours to engineer. By bringing your ambitious ideas, unique perspective and contributions, you will… Build a better future, amplifying your impact on the causes that matter to you and the world Grow a career reflective of your passion and abilities Connect to a dynamic and inclusive culture that welcomes the challenge of life-long learning These commitments set our team apart from the rest: Experiences that put people first. Respect for people is the hallmark of our humanity. It fuels our team to positively impact even a single life. And it means we put our people first at Medtronic as well, creating a culture of belonging and always pushing to get you the career-building resources you need. Life-transforming technologies. No matter your role, you contribute to technologies that transform lives. What we build empowers patients to live life on their terms. Better outcomes for our world. Here, it’s about more than the bottom line. Our Mission to improve human welfare drives us. We advance healthcare, society, and equity with every design, inside and outside our walls. Insight-driven care. Fresh viewpoints. Cutting-edge AI, data, and automation. You're shaping the future of healthcare technology and defining the next generation of breakthroughs in care 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. For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support. This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here. For updates on job applications, please go to the candidate login page and sign in to check your application status. If you need assistance completing your application please email AskHR@medtronic.com To request removal of your personal information from our systems please email RS.HRCompliance@medtronic.com

Salary : $168,800 - $253,200

Director of Portfolio Management
Cutting Edge Search -
River Falls, WI
Director of Portfolio Management
Augment Jobs -
Austin, TX
Director, Portfolio Management
MSU Research Foundation -
East Lansing, MI

For Employer
Looking for Real-time Job Posting Salary Data?
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Director - Portfolio Management CFO?

Sign up to receive alerts about other jobs on the Director - Portfolio Management CFO career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$171,034 - $267,634
Income Estimation: 
$186,186 - $297,464
Income Estimation: 
$130,661 - $174,815
Income Estimation: 
$172,490 - $238,756
Income Estimation: 
$134,438 - $171,584
Income Estimation: 
$172,634 - $215,405
Income Estimation: 
$186,186 - $297,464
Income Estimation: 
$225,131 - $357,594
This job has expired.
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Not the job you're looking for? Here are some other Director - Portfolio Management CFO jobs in the MN OHQ Corporate, MN area that may be a better fit.

Portfolio Director

VPH Management Services LLC, New York, NY

Sr Medical Director, US Emerging Portfolio and Metabolism

10001001 - Director Physician, Wilmington, DE