Business Process Improvement Director
Employment Information
Job Description
Director of Business Process Improvement leading transformation of MDT's pricing practices for profitable growth at Medtronic. Collaborating with finance teams to enhance analytics and reporting frameworks.
Responsibilities:
- 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.
- Establish it as a core KPI for tracking and delivering enterprise margin targets.
- 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)
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