Medtronic

Compensation

Full Description

Job Description: • Lead the transformation of MDT’s pricing practices with a sharp focus on margin management and improvement to drive profitable growth across all OUs and regions. • Collaborate with pricing, FP&A, and finance teams to evolve reporting from retrospective revenue variance metrics to forward-looking, margin-centric analytics that enforce discipline and accelerate enterprise-wide margin growth. • Redefine and advance global margin methodology by developing standardized margin and mix variance calculations that enhance existing revenue variance metrics and create visibility into true profitability drivers. • Champion adoption of the new margin variance methodology across all operating units and geographies. • Build and execute a margin management analytics roadmap that modernizes and simplifies pricing and profitability insights across MDT portfolios, systems, and tools. • Partner with FP&A to integrate margin-based price reporting into gross margin tracking mechanisms, including trends, actuals, and forecasts, to sharpen decision-making and accountability. • Partner with regional/global pricing teams, corporate FP&A, CFOs, and IT to design and implement programs that drive sustainable margin improvement—including pricing optimization, margin accretive product launches, and FX mitigation strategies. Requirements: • Bachelor’s degree with a minimum 10 years of relevant professional experience, including 7+ years in management OR advanced degree with 8 years of experience and 7+ years in management • Real-life experience deploying margin-oriented price analytics and mix calculation methodologies • Proven track record of leading organizational change. • Extensive knowledge and experience with pricing & contracting systems, including price variance reporting, margin variance calculation, FX reporting. • Strong project management and time management skills. • Experience with global FP&A function. • Expertise in problem-solving techniques. • Experience working within a project-oriented team. • Effective communication skills with strong ability to craft messaging across a diverse set of stakeholders including business leaders, commercial teams, pricing & contracting functional teams, finance, marketing and IT. • Proficiency with Microsoft Office (Visio, Word, Excel, PowerPoint), Teams, SharePoint, SmartSheets, or other planning applications. Benefits: • 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 • Simple Steps (global well-being program) • 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) • Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)