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Finance Director

Job in Fridley, Anoka County, Minnesota, USA
Listing for: Medtronic
Full Time position
Listed on 2026-02-24
Job specializations:
  • Finance & Banking
    Financial Manager, Corporate Finance
Salary/Wage Range or Industry Benchmark: 125000 - 150000 USD Yearly USD 125000.00 150000.00 YEAR
Job Description & How to Apply Below

We anticipate the application window for this opening will close on - 20 Feb 2026.

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

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.

Are you a strategic thinker with a passion for numbers and data-driven decision-making? Do you thrive in fast-paced environments where your insights directly influence the direction of the company? If so, we want you on our team!

The Finance Director role will manage and enforce Medtronic’s capital allocation strategy, play a critical role in defining, measuring, and setting key financial targets and metrics across businesses that delivers on Medtronic's margin goals, and develop and manage regular financial reporting packages for the Executive leadership team as well as Board of Directors. You will analyze financial data, build financial models, and develop insights and recommendations to support executive leadership decisioning.

This role requires partnership across the organization with various stakeholders, including senior management.

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.

Key Responsibilities Capital Allocation & Investment Governance
  • Lead capital allocation frameworks across organic investment, M&A, and divestitures
  • Establish and enforce financial hurdle rates, ROI/IRR standards, and prioritization criteria
  • Oversee investment review processes, including stage gates and post-investment performance tracking
  • Ensure capital is deployed in alignment with enterprise strategy and shareholder value creation
Financial Target Setting & Margin Delivery
  • Partner across functions to design and implement financial targets that explicitly support gross margin and operating margin objectives across the enterprise
  • Translate margin goals into actionable targets (pricing, cost of goods sold, opex efficiency, mix, productivity)
  • Partner with business leaders to embed margin targets into:
    • Annual operating plans and long‑range plans
    • Incentive structures and performance management
    • Investment and resource allocation decisions
  • Monitor execution against margin targets using leading indicators and early‑warning signals
  • Ensure consistency between strategic initiatives, financial plans, and reported margin outcomes
Executive & Board Engagement
  • Prepare board‑level materials that clearly articulate strategic tradeoffs
  • Communicate financial narratives that connect performance, risk, and strategy
  • Support board committee content creation and development
Minimum Requirements
  • Bachelor’s Degree with 10+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 8+ years) plus 7+ years of managerial experience
Nice to Have
  • Bachelor’s Degree in Accounting or Finance
  • High level of diplomacy, discretion, and experience with various levels of employees
  • Experience operating in a complex matrixed environment and interacting across levels and organizations
  • Strong attention to detail
  • Eagerness to learn and expand responsibilities
  • Experience in capital project and/or capital allocation
  • MBA or CPA
  • Strong judgment, problem solving skills, tact, and discretion in identifying and resolving issues within established guidelines
  • Results‑oriented, self‑motivated, organized, efficient, process‑oriented
  • Team‑oriented with demonstrated ability and willingness to perform various tasks in a fast‑paced environment
  • Experienced in partnering with senior leaders and providing leadership in managing the function and establishing its strategic direction
  • Strong…
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