Financial Consultant - Structural Heart New Product Development

Financial Consultant for Structural Heart New Product Development

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 Life

At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working onsite 4 days a week as part of our commitment to fostering culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. This role will require 25% of travel to enhance collaboration and ensure successful completion of projects.

The Structural Heart business at Medtronic is dedicated to advancing innovative therapies that address complex structural heart disease through minimally invasive technologies. The Financial Consultant for Structural Heart New Product Development (NPD) plays a critical role in supporting the development and commercialization of next-generation therapies for structural heart disease.

This role serves as a strategic finance partner to upstream marketing, R&D leadership, and new product development cross-functional teams. As a highly experienced individual contributor, the Financial Consultant provides financial leadership for the Structural Heart new product development investment portfolio, enabling leadership to evaluate trade offs, prioritize investments, and align development funding with long term franchise strategy.

This position is an on-site role based in Mounds View, Minnesota and partners closely with marketing, R&D, operations, and executive leadership. The role operates with significant independence and is expected to influence cross-functional teams and senior stakeholders without direct authority. The Financial Consultant plays a key role in aligning development investments with the Structural Heart long-term growth strategy while strengthening financial discipline across the NPD organization.

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

• Act as the finance core team member for both the Mitral and Tricuspid franchises, providing financial insights to support portfolio prioritization, investment decisions, and strategic planning.
• Partner with the Structural Heart Vice President of New Product Development and program leaders to deliver consolidated program reporting, key metrics, and financial forecasts for the NPD portfolio.
• Serve as a strategic finance partner to Mitral and Tricuspid Upstream Marketing teams, supporting financial modeling, business case development, and long-term planning for new therapies.
• Provide strategic financial insights and scenario analysis to senior leadership, enabling data-driven decisions on development portfolio prioritization, program funding, and long-term investment strategy.
• Lead the Structural Heart Enrich modeling process, ensuring alignment between development program assumptions, demand planning, and integration into the broader strategic plan process.
• Drive financial rigor across development programs by coordinating cross-functional financial reporting and supporting program governance and investment reviews.
• Coordinate with global manufacturing sites to support clinical inventory accounting and forecasting for Mitral and Tricuspid development programs.
• Translate complex financial data into clear insights that support leadership decision making and program execution.
• Identify opportunities to improve financial processes, reporting capabilities, and forecasting accuracy across the NPD organization.

Must Have: Minimum Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field
• Minimum of 10 years of relevant finance or accounting experience, or an advanced degree with a minimum of 8 years of relevant experience

Nice to Have

• Experience supporting R&D, product development, or innovation organizations
• Experience partnering with marketing, R&D, and operations in a cross-functional environment
• Strong financial modeling, scenario planning, and long-range planning experience
• Experience supporting complex portfolios or program-level financial management
• Demonstrated ability to influence senior stakeholders and drive alignment across a matrixed organization
• Strong executive communication and presentation skills
• Experience working in the medical device, healthcare, or regulated industry
• MBA, CPA, or other relevant advanced certification

For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.

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.

U.S. Work Authorization & Sponsorship

At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.

Join us in our mission to alleviate pain, restore health, and extend life—where your unique background and perspective are valued.

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):$136,800.00 - $205,200.00This 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

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.

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