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 of the Finance Director include:

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 communications skills, both written and verbal

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):$169,600.00 - $254,400.00

 

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.

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

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 (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

 

Regular employees are those who are not temporary, such as interns.  Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

 

Further details are available at the link below:

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 95,000+ 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.