Medtronic India | Senior Finance Manager

Responsibilities

• This position is based in Hyderabad, India and supports cross-functional stakeholders across Research & Development (R&D), Quality, and site leadership.
• The role plays a key part in enabling strategic growth through financial planning, business partnering, capital investment analysis, and performance management while driving process improvements through automation and advanced analytics.
• The Senior Finance Manager is responsible for leading financial planning and analysis activities, providing strategic business partnering support, and delivering actionable insights that drive business performance.
• 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. 
• This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
• Responsible for financial planning, enabling strategic growth in alignment with the long-term vision of MEIC.
• Partners with R&D, Quality, and business leaders to provide financial insights, performance analysis, and recommendations that support operational and strategic decisions.
• Leads periodic reviews (monthly/quarterly/yearly) with R&D and Quality Leaders, including preparation of strategic plans and the annual operating plan.
• Leads scenario modelling efforts for the development and growth of the Site.
• Develops and executes processes to allow for routine analytical reviews of financial and operational performance, leveraging business unit analytical resources and tools.
• Evaluates Capex decisions and provides guidance to and influences senior leadership.
• Collaborative Approach: Works closely with sales teams, finance departments, and other stakeholders to align financial goals with sales objectives and drive business success.
• Supports financial governance by ensuring adherence to finance policies, controls, reporting standards, and data integrity requirements across planning, forecasting, and performance management processes.
• Drives process simplification, automation, and digital finance initiatives through advanced analytics, AI-enabled solutions, and reporting enhancements to improve efficiency, accuracy, and decision-making.
• Mentors, develops, and coaches the team on meeting/exceeding performance expectations and defined objectives, providing leadership to team members and ensuring the prioritization of strategic and department-level initiatives.
• Manages a large team that would typically consist of both experienced professionals and managers.
• Communicates with internal and external customers concerning ongoing operations, programs, or processes.
• Provides expertise to fellow colleagues in team deliverables and may participate in cross-functional initiatives.
• Performs and analyzes financial modelling, trends, and studies subjects such as rates of return, depreciation, working capital, cash flow, investments, cost against budget, variance analysis, forecasting, financial planning, and expense comparisons through analysis of profit and loss statements.
• Implements solutions to problems.

Requirements

• Strong analytical and logical skills.
• Ability to manage large volumes of data and simplify it through the preparation of actionable dashboards.
• Ability to manage several projects or tasks and complete them in a timely manner.
• Ability to independently navigate ambiguous situations and deliver tangible impact for the business.
• Experience leading financial planning, forecasting, budgeting, variance analysis, and management reporting processes.
• Experience partnering with senior business leaders to support strategic decision-making and business performance management.
• Advanced proficiency in Microsoft Excel, including financial modeling and analysis of large and complex datasets.
• Experience developing and maintaining financial reporting, forecasting, and performance measurement frameworks.
• Experience within the healthcare, medical technology, pharmaceutical, or life sciences industry.
• Experience supporting Research & Development (R&D), Quality, or technical functions through finance business partnering activities.
• Proficiency in Microsoft Power BI and dashboard development for financial and operational reporting.
• Experience evaluating capital investment proposals, return on investment analyses, and long-range planning initiatives.
• Experience leading finance transformation, process automation, or digital finance initiatives leveraging advanced analytics and reporting tools.

Medtronic plc

Medtronic was founded in 1949 by Earl Bakken and Palmer Hermundslie as a medical electronics repair business working from a garage in Minneapolis, Minnesota. After a power cut in the city in 1957, Bakken built a battery-operated pacemaker, and the company later made implantable pacemakers and many other devices. In 2015 it acquired Covidien and became Medtronic plc, domiciled in Ireland; its principal executive office is in Galway and its operational headquarters is in Minneapolis. It is listed on the New York Stock Exchange as MDT. Its businesses are grouped into Cardiovascular, Neuroscience and Medical Surgical portfolios, and in October 2026 it completed the separation of its diabetes business as MiniMed, now a separately listed company. Medtronic has been in India for more than four decades. Its Indian company, India Medtronic Private Limited, is based in Mumbai, and the Medtronic Engineering & Innovation Center in Hyderabad, set up in June 2011, is Medtronic's largest research and development centre outside the United States.

Its finance opening in India is a senior finance manager in Hyderabad covering financial planning and analysis and business finance, which asks for a Chartered Accountant or a full-time MBA with 12 to 16 years of experience in a multinational.

• Industry: Medical devices and healthcare technology: cardiovascular, neuroscience and medical-surgical products
• Headquarters: Galway, Ireland (principal executive office), with operational headquarters in Minneapolis, United States (listed on the NYSE as MDT)
• In India: India Medtronic Private Limited (Mumbai) and the Medtronic Engineering & Innovation Center in Hyderabad