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
careers that change lives
this position is an exciting and new opportunity to work with medtronic's molding and capital tooling (mct) organization under operations innovations (oi) as part of global operations and supply chain (gosc).
Mct handles a significant amount of capital for technical projects, in this role, you will be a part of medtronic's enterprise global molding & capital mold tooling leadership team within operations innovation. You will be responsible for owning and driving all mct's capital management connected to hundreds of projects across the enterprise and with suppliers and contract manufacturing for new mold tooling investments.
You will be an individual contributor and will have partnerships with mct's engineering teams located globally and with finance partners.
We're a mission-driven leader in medical technology and solutions with a legacy of integrity and innovation. Be a part of a community of experts committed to ensuring quality, affordable healthcare worldwide.
Come strengthen your specialized skills and enhance your expertise. We'll support you with the training, mentorship, guidance, and networks you need to advance, and empower you to work in the way that's best for you.
Together, we can confront the challenges that will change the face of healthcare. Join us for a career that changes lives.
A day in the life: developing budgets, tracking expenditures, and managing funding for complex programs. Aligns capital projects with overall organizational objectives and growth. Engages with engineering team, engineering program managers and other cross-functional organizations within medtronic. Communicates and collaborates with internal teams, external teams, contractors, suppliers and other cross functions. Identifies potential capital risks, mitigating them, and ensuring quality and project standards are met. Leads and motivates internal and cross-functional teams to deliver complex initiatives. Creates and used data to drive decisions, monitor progress, and report outcomes. Manages numerous interconnected project tasks with internal and external team members. Builds consensus, drives change, and manages high-profile in demanding environments. Oversees and manages the capital expense (capex) and operational expense (opex) aspects of ongoing projects connected to annual operating plans (aop) and serves as liaison between project teams and finance. Manages the development and implementation process tied to capital metrics and kpi's. Reviews status of projects and budgets with engineering program managers and engineering project teams; and prepares capital status reports.monitors progress with capital authorization requests (car's) tied to all projects. Assesses capital project issues and develops resolutions with the project teams to meet all kpi's. Develop team members in capital and business acumen and driving a diverse and inclusive workforce. 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. Responsibilities may include the following and other duties may be assigned.plans, directs and implements all aspects of the company's design and development of new medical device products or software systems.may develop, evaluate, implement and maintain technical quality assurance and control systems or reliability systems and standards pertaining to materials, techniques, or company products.oversees the investigation and evaluation of existing technologies.guides the conceptualization of new methodologies, materials, machines, processes or products.directs the development of new concepts from initial design to market release.manages feasibility studies of the design to determine if capable of functioning as intended.monitors documentation maintenance throughout all phases of research and development.organizes the coordination of activities with outside suppliers and consultants to ensure timely delivery.selects, develops and evaluates personnel to ensure the efficient operation of the function.program management career stream: program managers and directors focus on tactical, operational activities for a major program with broad or ongoing impact. Levels within the program management career stream typically accomplish program objectives through matrixed employee teams and / or vendors who are not direct reports but for which the incumbent has direct accountability to lead. The majority of time is spent overseeing their area of responsibility, managing program/team performance, communicating project and operational developments, planning, prioritizing and / or directing the responsibilities of program team members. Goal achievement is typically accomplished through performance of program team members.differentiating factorsautonomy: manages one or more medium-scale, established programs with generally-defined program plans and delivery methodologies.is accountable for overall program process, performance, and customer satisfaction.organizational impact: participates in establishing program objectives, timelines, milestones, and budgets .develops new policies and procedures that affect program management.typically has budget accountability for one or more programs.program decisions are generally recommended to higher level management.innovation and complexity: problems and issues faced are difficult and undefined, and require detailed information gathering, analysis and investigation to understand the problem.problems typically impact multiple workstreams, departments or specialties .enhances programs management processes to improve program.communication and influence: communicates and leads meetings with internal and external customers and vendors, conducts briefings to higher level management team.influences across functions and businesses while balancing divergent objectives to gain cooperation of other parties on program objectives and execution plans .leadership and talent management: leads, directs and reviews the work of a team of managers, experienced professionals and/or vendors who exercise latitude and independence in their assignments.establishes daily tasks necessary for successful program execution.not directly responsible for hire or fire decisions and people management.required knowledge and experience: requires broad management knowledge and experience to lead project teams in one department.typically has mastery level knowledge and skills within a specific technical or professional discipline with broad understanding of other areas within the job function.- bachelor's and 7+ years of capital, finance experience related to projects, programs or portfolio management, or advanced degree and 5+ years of experience. - pmp certification active is a strong plus. - mba in management, finance, or project management is a strong plus. - track record of leading capital projects of over $50+mm. - strong understanding of business acumen with finance focus.- power bi development experience is a strong plus. - experience engaging with molding suppliers and contract manufacturing assembly. - solid understanding of financial metrics. - proficient in developing kpis tied to financials. - strong organizational and analytical problem-solving skills. - strong strategic mindset.
Physical job requirementsthe 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 & compensationmedtronic offers a competitive salary and flexible benefits packagea 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).about medtronicwe 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