Finance Manager at Medtronic

Bogota, D.C., Bogota, D.C., Colombia

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor’s degree in Economics, Business Administration, Industrial Engineering and minimum of 5 years relevant experience, or advanced degree with a minimum of 3 years prior relevant experience (Financial Planning and Analysis processes)
Proficiency in English (reading, writing and speaking)
Strong proficiency in MS Office, including PowerPoint, Excel and Word
Experience with MS-Excel including ability to develop financial modelling, data manipulation, Pivot tables or macros
Experience with SAP and Power BI
Prior experience working with reporting tools such as OneStream, Hyperion or Cognos
Prior experience in companies in the medical industry or similar regulated industry (preferred)
Proficiency with Python, Hyper automation and Digital Finance (preferred)

Responsibilities

Maintain long-range strategic planning models aligned with corporate objectives and market conditions, supporting workforce productivity standards, and delivering advanced Excel-based financial reporting packages with comprehensive KPIs and dashboards
Be responsible for developing and managing the company’s annual budget and quarterly forecasts, coordinating and consolidating automated reporting using OneStream
Support the financial aspects of Integrated Business Planning processes in the subregion to improve revenue, forecast accuracy, customer service, inventory, and capital management
Partner with the commercial leaders to update the quarter Sales estimates and the Risks and Opportunities associated
Perform and analyze financial modeling, economic research, trends and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, and cost against budget, variance analysis, forecasting, financial planning and expense comparisons by analysis of profit and loss statements and/or income statements
Support the management of all aspects of the Integrated Business Planning processes in the Central Latam subregion
Have P&L accountability for geography
Provide high-level guidance and serve as a key interface between commercial team, marketing, finance, operations management, and regional leadership delivering financial modelling and analysis to support operational decisions
Provide support in tracking and managing all areas of finance, driving the creation of the organization’s strategic goals and core business KPIs
Supervise a team of two senior financial planning analysts

Skills

Financial Modeling

P&L Management

Integrated Business Planning

Excel

Financial Reporting

KPIs

Dashboards

Budgeting

Forecasting

OneStream

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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