Finance Program Manager - Northridge, United States - Medtronic

Medtronic

Verified Company

Northridge, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Careers That Change Lives

Team

is currently working

in

a hybrid model and

position

will be based onsite in Northridge CA

or Minneapolis, MN

3 days/week.

If you are looking to expand business partnering skills, develop influencing capabilities, and lead highvisibility projects, come join our Diabetes Finance Team.

In this exciting position you will be in the heart of Diabetes Finance Organization contributing to the critical
I
ntegra
ted Business Pla
nning
and
F
inancial Planning and Analysis
processes and outputs that require agility,
precision
and business acumen.
You
will focus on forward-looking value capture & value creation activities, such as
providing
the insight necessary to
identify
and implement actions across the value chain.

The role will lead the IBP finance team efforts and be an active participant in all IBP meetings, linking financial & operating metrics to P&L performance, and ensuring operational plans are aligned through the IBP cycle.

Additionally, awareness and integration of Active Portfolio Management (APM)/strategy into the IBP cadence is integral to scenario development and delivering targets.

The position will collaborate cross-functionally to produce
accurate
and
timely
information to enhance core metrics that drive accountable and predictable results - and make better planning decisions.

The IBP finance role will be expected to interact with candor and challenge others positions to stimulate thought and make sure the best decision is made.

A Day in the Life
Responsibilities may include the following and other duties may be assigned:

Lead the monthly financial process as it relates to IBP, attending all step meetings, and coordinating finance efforts to ensure data driven forecasts that align financial and operational targets. Ensure the quantification of all identified risks and opportunities, including modeling scenarios for integrated reconciliation, ultimately leading to a recommendation in the M onthly Business Reviews that will optimize business financials (P&L, balance sheet, and cash flow.)
In partnership with the IBP BU Lead, act as a strategic thought partner understand, translate, and provide insight into business performance, including competitor and industry trends
Serve as an integral link between the supply chain and commercial channels (supply and demand). Effectively differentiate between controllable and uncontrollable (macroeconomic) factors impacting the business, proactively working with both supply chain and market leadership to develop actionable plans to navigate those factors
Actively champion the IBP process, providing financial leadership as the link between supply and demand, with the goal to ultimately drive actions that provide the highest financial return. Work collaboratively with commercial teams in the supply chain to align on planned volumes, related revenue/cogs tradeoffs and their financial impact to the business
Understand business IBP performance metrics and gather requisite info to track. Understand how the business benchmarks itself on critical KPIs, internally and externally, and proactively collaborate with key stakeholders to address performance
Communicate effectively, delivering clear presentations including defending positions on controversial topics, effectively influencing up, down and across the organization in a quest to continuously seek "winwin" solutions
Partner closely with cross business/functional managers to play an active role in enhancing connectivity and communication
Partner closely with and leverage the broader Finance team for key information, including historical reporting and data collection. May include activities related to cost accounting, margin reporting, analysis of data and management reports, management report generation, etc.
Provide various other analytical support for the Operating Unit FP&A activity and business partner with overall Portfolio FP&A lead and IBP PMO. Provide connections to COE inputs
Active participation in various business finance initiatives and other duties as assigned
Provide recommendations and influence the future direction and evolution of Finance tools and process optimization opportunities with IBP

Must Have:
Minimum Requirements

Bachelor's Degree with 10+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 8+ years)

Nice to Have

Solid grounding in financial metrics, balance sheet, income statement, cash flow analysi s and data analytics
MS Office (Excel, Power Point and Word) proficiency
Strong business acumen with understanding of key drivers of success
Demonstrated success in business partnering initiatives across commercial, functional teams and cross functional teams
Ability to communicate and influence at all levels of the organization and build trust across multiple stakeholder groups
Design, develop and implement valueadded business analytics a