CFO Latin America

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 LifeThe CFO Medtronic Latin America (CFO MDT LA) is responsible for providing financial leadership and strategic insights to the Medtronic Latin America organization. Reporting directly to the CFO Medical Surgical Portfolio, Medtronic Americas and Global Commercial Transformation and Operations. The CFO MDT LA will serve as the main business partner for the President, Medtronic Latin America. This role manages a high performing team and is responsible for leading the 5-year revenue forecasts, building, and delivering financial models, informing strategic decisions through financials, analytics, and market insights, and partnering with the leadership team within MDT Latin America to advance and execute on critical priorities.

Position Description:

Responsibilities may include the following and other duties may be assigned.

• Lead organization Revenue Forecasting - In close partnership with the LA leader, inform and manage complex financial models to deliver long-range forecasts with ability to deliver scenario plan 'what if' analysis.
• Provide business Insights to drive growth – A trusted partner to the President, MDT LA who both challenges and supports the leader with sound financial council by applying strategic thinking and financial analytics to provide business insights, challenge business assumptions, drive fact-based decision making and enable growth in both revenue and operating income.
• Inform Sub-Region Financials – Look after all aspects of commercial decision making, financial performance & reporting, financial control, contractual negotiations. Deliver useful business insights through advanced analytics and data visualization capabilities.  Facilitate approval requirements of customer deals, including pricing, terms and conditions, and adherence to revenue recognition guidance.
• Develop and Manage Operational Financial Forecasts – Lead the AOP (Annual Operating Plan) and quarterly forecast process for the Medtronic Latin America Organization, tying financial funding to business strategy and return, performing variance analysis, and leading trade-off decisions.
• Drive Business Excellence - Champions innovation and develops financial framework and collaboration model that drive transformation efforts by conceptualizing and developing new approach to programs, product and services.
• Optimize team performance and cross-functional partnerships – Enables team to pursue possibilities that will create sustainable value and quality outcomes. Empowering the team with meaningful decision making and ownership. Creates a culture that emphasizes ongoing learning and development and encourages others to seek and learn from diverse perspectives. Focuses on driving continuous improvement and quality outcomes.

Nice to Have

•    Degree in Accounting/Finance

•    CPA, CMA, and/or MBA 

•    Global Experience working in industry outside of United States

•    Medical Device, Healthcare or Pharma Industry experience 

•    Transformation Experience

PEOPLE MANAGEMENT FUNCTIONAL CAREER STREAM: Management and supervisory professionals with one or more employees who are focused on tactical, operational and some strategic activities within a specified area. Levels within the management career stream typically have six or more direct reports. The majority of time is spent overseeing their 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. Goal achievement is typically accomplished through performance of direct and / or indirect reports. A key responsibility of roles in this career stream is managing people. which includes: accountability for mentoring, developing and coaching staff on meeting/exceeding performance expectations and defined objectives, providing leadership to staff ensuring the prioritization of strategic and department level initiatives to include defining performance goals and targets, conducting performance reviews, and staff 1:1s to guide performance management and employee development efforts and manage toward departmental goals.

DIFFERENTIATING FACTORS

Autonomy: Manages multiple departments or division that includes multiple teams led by managers and / or supervisors. Provides clear strong leadership on future direction. Establishes organizational policies in a major segment of the company. Performs work without appreciable direction.

Organizational Impact: Leads the development of the corporate strategy for own major business unit or function. Accountable for achievement of overall major business unit or function goals . Management authority to make significant business and strategic decisions. Decisions impact the financial performance, employees, or public image of the company. Typically has budget or P&L accountability for one or more functional areas, geographies, divisions, product groups or service groups.

Innovation and Complexity: Champions innovation across the company recommending programs or projects and conceptualizing and developing new approaches. Problems and issues faced are complex, undefined and impact multiple businesses or functions, where information is typically difficult to obtain and extensive investigation to understand the root cause of problems is required.

Communication and Influence: Identifies, initiates, establishes and develops long term strategic relationships and alliances with key organizational stakeholders. Serves as principal spokesperson for the department, broad functional area or geography making recommendations to leaders and executives regarding strategic initiatives . Influences across functions and businesses to negotiate and gain cooperation on divergent objectives.

Leadership and Talent Management: Directs and controls one or more functional areas, geographies, divisions, product groups or service groups that include multiple teams led by directors and / or Sr Managers. Determines organizational structure and develops talent strategies . Develops management team to support strategic objectives . Authorizes hiring, firing, promotion and reward within own area.

Required Knowledge and Experience: Requires advanced management and leadership knowledge to lead cross-department project teams or manage across multiple functions. Typically has achieved mastery within a specific technical or broad expertise across multiple related disciplines. Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A) and minimum of 15 years of relevant experience with 10+ years of managerial experience , or advanced degree with a minimum 13 years prior relevant experience, minimum of 10 years of managerial experience.

PHYSICAL JOB REQUIREMENTS - 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, recruiter or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

For employees working in Quebec, Canada only: Basic knowledge of French is required. - (Quebec-Canada)

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. 

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.
 

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.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  
 

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