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
Are you ready to shape the future of financial operations for Diabetes International? The Diabetes business is becoming an independent, publicly traded company, with a clear focus on innovation, operational excellence, and growth in diabetes care. As the Finance Order to Cash (OtC) Lead, you will play a pivotal role in building and managing financial processes within the Order to Cash cycle, including assessing customer credit, cash application, and collections performance.
At Day 1 (Initial Public Offering (IPO)), all OtC processes will continue to be performed by Medtronic under Transition Service Agreement (TSA). You will partner closely with Medtronic teams to ensure Days Sales Outstanding (DSO) and collections are maintained and improved where possible. Looking ahead to Day 2 (TSA exit), you will prepare the Diabetes International organization for independence by implementing robust financial OtC processes in SAP S/4HANA, ensuring scalability, compliance, and operational excellence.
This role is based in Prague, Czech Republic, with flexibility for hybrid or remote work. You will report to senior leadership and collaborate closely with regional and international teams, IT, and other finance leaders. Occasional travel may be required to support business needs and foster cross-functional collaboration.
This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.
Responsibilities may include the following and other duties may be assigned:
- Support value streams with the implementation of efficient accounting and control processes to ensure operational readiness for Day 1 (IPO)
- Collaborate with cross-functional teams, including IT, to optimize end-to-end (E2E) processes
- Lead the design and implementation of accounting and control processes within SAP S/4HANA for Day 2 (TSA exit)
- Oversee the execution of User Acceptance Testing (UAT) for accounting and control processes
- Implement a Key Performance Indicator (KPI) framework to monitor and optimize process performance
- Provide leadership and guidance to the accounting & control team, fostering a culture of continuous improvement
Required Knowledge and Experience:
- Bachelor’s degree in Accounting, Finance, Business Administration, or related field; CPA (Certified Public Accountant), CMA (Certified Management Accountant), or equivalent certification preferred
- Minimum of 8 years’ experience in finance operations, process/system improvement, or related roles, ideally within a multinational organization
- Proven experience leading large-scale system implementation projects, including SAP S/4HANA
- Expertise in designing and optimizing accounting and control processes for international shared services environments
- Strong understanding of US GAAP and financial reporting standards
- Excellent leadership, project management, and stakeholder management skills
Experience managing culturally diverse teams and driving continuous improvement initiatives is a plus. Familiarity with statutory reporting processes, value stream design, and KPI management will help you excel in this role.
If you’re passionate about driving process excellence and ready to make a difference in a dynamic, international environment, we encourage you to apply!
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).
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
