Director - Finance Analytics and Transformation

Director - Finance Analytics and Transformation (Finance) We anticipate the application window for this opening will close on 14 Feb 2025. 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 Director - Finance Analytics and Transformation within the Medtronic Diabetes Transformation Office will report to the Diabetes Transformation leader, and will be responsible for driving significant and sustainable improvements in the profitability and financial performance of the Diabetes business by leveraging data and technology, designing and delivering data and analytics capabilities to the Finance team to proactively manage the P&L. This role will lead the design and development of analytics decision engines for Finance and P&L management, focused on assembling a data lake environment for the Finance team, automating P&L forecasting, cash flow analysis, identifying key trends and drivers to deliver insights to the CFO, and leading initiatives for business transformation. This individual will collaborate closely with the Digital Finance transformation leader, FP&A leader, and CFO, and design an analytics data lake and AI models to stay ahead of changing trends in the business. Proactively manage our Diabetes transformation initiatives through this foundation of data and models that provide near real-time financial insights and impact analysis capabilities. This leader will translate business requirements, lead solution design, and development of analytics technologies for transformation. This role will partner with data engineering and data science teams to build the digital foundation for Diabetes operations. A strong emphasis will be placed on leveraging data analytics, automation, and technology solutions to drive efficiency and insights. Responsibilities may include the following and other duties may be assigned: Finance analytics and Decision Engine Infrastructure: Lead the development and implementation of automated P&L reporting and analysis tools for the finance team, leveraging data lake and AI models to drive forecasting automation and insights for margin improvements in operations. Data-Driven Insights and Trend Identification: Utilize advanced analytics techniques (e.g., statistical modeling, machine learning, LLMs) to identify key trends, patterns, and drivers impacting the P&L. Opportunity Identification and Prioritization: Leverage data insights to identify high-impact opportunities for P&L improvement across revenue, COGS, and operating expenses. Transformation Strategy Development (Data-Informed): Develop and lead the execution of comprehensive P&L transformation initiatives informed by data analysis and insights. Cross-Functional Collaboration and Technology Integration: Partner closely with business unit leaders, finance, IT, and other relevant functions to drive alignment and execution of transformation initiatives. Revenue Growth Initiatives (Data-Driven): Partner with Digital finance and FP&A leaders, identify and implement data-driven initiatives to drive revenue growth. Cost Optimization Initiatives (Data-Enabled): Lead data-enabled transformation initiatives to optimize COGS and operating expenses. Financial Modeling and Scenario Planning (Automated): Partner with Finance leadership to develop and maintain automated financial models. Performance Monitoring and Reporting (Automated): Establish automated dashboards and reporting mechanisms to monitor the progress of transformation initiatives. Technology Evaluation and Implementation: Evaluate and recommend new technologies and tools to enhance P&L analytics and automation. Change Management (Data-Focused): Drive change management activities focused on promoting data literacy and adoption of data-driven decision-making across the organization. Must Have: Minimum Requirements: Bachelor's degree in Finance, Business Administration, Economics, Computer Science, Data Science, or a related field with 10+ years of relevant experience and 7+ years of managerial experience. OR, advanced degree with 8+ years of relevant experience and 7+ years of managerial experience. Nice to Have (Preferred Qualifications): MBA or advanced degree in Finance or Data Science preferred. 3-5 years experience modernizing data analytics and AI decision infrastructure. 8+ years of progressive experience in finance, business operations, or a related field. Strong analytical, problem-solving, and strategic thinking skills. Good understanding of financial statements, P&L drivers, and financial modeling techniques. Proficiency in data analysis tools and techniques (e.g., SQL, Python, R, statistical modeling, machine learning). Excellent communication, interpersonal, and presentation skills. Demonstrated ability to influence and build consensus among stakeholders at all levels of the organization. Project Management Professional (PMP) certification is a plus. Experience with BI platforms (e.g., Tableau, Power BI) and data warehousing technologies. 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. Benefits & Compensation: Medtronic offers a competitive Salary and flexible Benefits Package. Salary ranges for U.S (excl. PR) locations (USD): $168,000.00 - $252,000.00. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP) and an annual long-term incentive plan. 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. About Medtronic: We lead global healthcare technology and boldly attack the most challenging health problems facing humanity. 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. #J-18808-Ljbffr

Created: 2025-02-13