Sr Finance Program Manager

Senior Finance Program Manager

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.

As a Senior Finance Program Manager within Product Innovation, you'll be the finance lead for a designated set of insulin technology, pump, CGM, software programs and owning OPEX, CAPEX, and full-lifecycle business cases from concept through post-launch. Aligned to these high-priority initiatives, you'll collaborate with R&D, Marketing, Operations, and Supply Chain to optimize capital allocation, safeguard margins, and ensure every invested dollar delivers maximum value to the business and our patients.

This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

This role requires you to work on-site at our Northridge, CA office at least 3 days per week. This on-site presence is vital for collaboration and maintaining strong team connections.

Key Responsibilities

Program-Level Financial Ownership

Own the full financial picture-OPEX, CAPEX, lifetime P&L, NPV / IRR, and unit economics-for each of your programs.

Build, manage, and analyze program-level business case financials for phase-gate and portfolio reviews.

Create the annual budget, long-range plan, rolling forecasts and lead risk / opportunity assessments.

Track, monitor, and manage spend and headcount, provide real-time variance analysis, and drive corrective-action planning with project managers

Perform ad-hoc financial analyses and special projects as assigned.

Strategic Partnership & Decision Support

Lead should-costing, design-to-value, make-vs-buy, and manufacturing-footprint analyses with Engineering, Sourcing, and Operations to safeguard margin goals.

Translate technical milestones and program risks into clear financial insights for executive management reviews and updates.

Run scenario and sensitivity models to quantify schedule, scope, and design trade-offs.

Governance & Continuous Improvement

Ensure adherence to Medtronic accounting policies, R&D capitalization rules, SOX requirements, and external audit requests.

Conduct post-implementation financial reviews to capture lessons learned and feed future roadmaps.

Modernize finance processes with digital dashboards, earned-value metrics, and automation tools.

Must-Have Qualifications

Bachelor's degree in Finance, Accounting, Business Administration, Engineering, or a related field.

7+ years of progressive FP&A / program-finance experience, including = 3 years directly supporting product-development or R&D teams.

Or, advanced degree and 5+ years of progressive FP&A / program-finance experience, including = 3 years directly supporting product-development or R&D teams.

Nice-to-Have

Advanced financial-modeling skills (Excel, Anaplan or equivalent)

Proven ability to translate technical details into clear financial insights and influence cross-functional teams up to VP / Board level.

Strong analytical skills and high attention to detail.

MBA, PMP, Agile, Lean / Six Sigma, or other equivalent Finance or project-management credentials.

Demonstrated ownership of P&L management, program-level budgets (OPEX & CAPEX) and full-lifecycle business cases.

Medical-device, biotech, or other regulated hardware / software industry experience.

Direct finance support for manufacturing or supply-chain operations (plant-level cost accounting, standard-cost builds, or transfer-price modeling).

Proficiency with SAP, Power BI, and automated dashboarding tools.

Hands-on exposure to should-costing, value engineering, or design-to-value initiatives.

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) : $144,000.00 - $216,000.00

The position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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

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.

For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.

This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here.

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