Finance Manager - THA at Medtronic

Bangkok, Bangkok, Thailand

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor’s degree in Finance or Accounting
MBA, CPA, or CMA is a plus
3–5 years of experience

Responsibilities

Performs and analyzes 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
Prepares reports of findings and recommendations, compiles and consolidates financial plans and provides insights to management
Develops, maintains, and establishes operational specifications for financial information systems considering such things as information flow, volume, ad hoc reporting, and analysis
May provide analysis on business development and may monitor business performance by unit, division or group
Manages subordinate supervisors and/or experienced professionals who exercise latitude and independence in assignments
Provides tactical and/or operational leadership and coaching
Establishes operational plans and implements policies and strategies
Manages a team consisting of supervisors and/or experienced professionals in the Specialist career stream; leads, directs and reviews the work of the team
Authorizes hiring, firing, promotion and reward within own area
Oversees area of responsibility, managing performance, developing talent, engagement and inclusion, communicating business and operational developments, planning, prioritizing and/or directing the responsibilities of direct reports
Ensures accountability for mentoring, developing and coaching staff on meeting/exceeding performance expectations and defined objectives
Provides leadership to staff ensuring the prioritization of strategic and department level initiatives to include defining performance goals and targets
Conducts performance reviews, and staff 1:1s to guide performance management and employee development efforts and manage toward departmental goals
Strives for continuous improvement and consistency in deliverables
Proposes modifications to functional operating policies and day-to-day processes
Communicates with internal and external customers and vendors regarding ongoing operations; uses information exchange, influence and active persuasion without direct exercise of command to gain cooperation of other parties

Skills

Key technologies and capabilities for this role

Financial ModelingVariance AnalysisForecastingFinancial PlanningCash Flow AnalysisBudget AnalysisP&L StatementsFinancial ReportingAd Hoc ReportingPeople Management

Questions & Answers

Common questions about this position

What is the salary for the Finance Manager position?

This information is not specified in the job description.

Is this a remote position or what is the location requirement?

This information is not specified in the job description.

What skills are required for the Finance Manager role?

The role requires skills in financial modeling, economic research, trend analysis, forecasting, financial planning, variance analysis, and preparing financial reports and recommendations.

What does the team structure look like for this position?

This is a people management role typically with six or more direct reports, involving oversight of subordinate supervisors or experienced professionals, mentoring, performance management, and leadership.

What makes a strong candidate for this Finance Manager role?

Strong candidates have experience managing teams of six or more, providing tactical and operational leadership, establishing operational plans, and handling budget or P&L accountability, with a focus on continuous improvement.

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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