Job Description
IT Program Director – Mergers, Acquisitions and Divestitures (Finance)
We anticipate the application window for this opening will close on - 7 Feb 2025.
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
The preferred working location for this role is the Medtronic facility located in Mounds View, Minnesota; however, the individual may also work remotely within the US or onsite at another US-based Medtronic facility. The ability to travel to other Medtronic sites approximately 20% of the time is desirable.
As an IT Program Director specializing in Mergers, Acquisitions, and Divestitures (MA&D), your primary role is to manage the IT aspects of complex corporate transactions, focused on IT Strategy and Execution for each transaction. This involves leading the strategy, planning, architecture, and execution of IT-related activities to ensure a smooth integration or separation of technology assets during the MA&D process.
The role is critical in planning and executing a successful transition and helping the organization realize the benefits of the merger, acquisition, or divestiture in terms of improved technology capabilities, efficiency, and competitiveness. Effective communication and collaboration with Executive Leaders, Sr. Leadership, Steering Committees, Corporate Business Development & Portfolio Management, other departments, stakeholders, and external consultants are essential for achieving these objectives.
Bring your talents to an industry leader in medical technology and healthcare solutions - we're a market leader and growing every day. You can be proud to be a part of technologies that are rooted in our long history of mission-driven innovation. You will be empowered to shape your own career. We encourage and support your growth with the training, mentorship, and guidance you need to own your future success. Together, we can transform healthcare. Medtronic is committed to fostering a diverse and inclusive culture.
CAREERS THAT CHANGE LIVES
The role of IT Director in MA&D is critical in leading a successful transition and helping the organization realize the benefits of the merger, acquisition, or divestiture in terms of improved technology capabilities, efficiency, and competitiveness. Effective communication and collaboration with other departments, stakeholders, and external consultants are essential for achieving these objectives.
Conduct thorough IT due diligence to understand the technology infrastructure, systems, applications, and data of both acquiring company and acquisition target. Identify potential risks, synergies, and integration challenges.
Develop a comprehensive IT integration plan that aligns with the overall business integration strategy. This plan should address technology consolidation, data migration, system compatibility, and workforce integration.
Ensure program delivery and value realization, delivering meaningful and measurable business outcomes.
Build effective partnerships with IT Sr. Leaders, Corporate Development, and Program Management Leadership, to shape and deliver on three-year strategic roadmaps.
Provide leadership for those involved in the development, design, and optimization of one or more information technology and systems functions supporting company business processes and technical information systems platforms.
Accountable for financial management of multiple multi-million dollar programs.
Plan, architect and lead the integration of IT systems including SAP ECC, S4HANA, Workday, Concur, Vendavo, SFDC, Compliance, Quality, Planning and Manufacturing systems. This includes migrating data, integrating applications, and ensuring seamless communication between different systems.
Engage program teams in "lead from the front" opportunities, reinforcing desired culture of execution excellence.
Assess technology vendors and make decisions about which vendors to retain or replace to optimize IT infrastructure and support.
Identify redundant or outdated IT infrastructure and determine the best approach to rationalize and consolidate resources for cost savings and efficiency.
Ensure that IT security measures and compliance practices are aligned to protect sensitive data during the transition.
Prepare the IT teams and employees for changes that come with the integration or divestiture. This includes communication, training, and support during the transition.
Manage the IT budget during the MA&D process and identify opportunities to optimize costs while maintaining performance and reliability.
Identify and mitigate IT-related risks that could impact the success of the MA&D deal.
Provide ongoing support and monitor after the integration to address any IT-related issues that may arise.
MUST HAVE (Minimum Qualifications)
Bachelor's degree
15+ years of experience with a bachelor's degree or 13+ years of experience with an advanced degree
10+ years of managerial experience
NICE TO HAVE (Preferred Qualifications)
Proven track record in end-to-end M&A processes, including technology strategy development and integration management.
Experience on digital strategy development and business transformation across various industries, including Tech, MedTech, Manufacturing, Pharma, and Retail.
Experience successfully implementing multi-billion dollar mergers, acquisitions and divestitures using SAP ERP.
Experience in leading digital transformation initiatives, including SAP S/4HANA implementations.
15+ years planning and implementing multiple global and regional deployments (LATAM, EMEA, APAC) of SAP at multi-national companies.
Knowledge of core business processes at global organizations and deployment in regional markets.
Experience planning and implementing SAP S/4 in brownfield and/or greenfield scenarios.
Experience integrating with non-SAP technology platforms.
Experience with implementing medical device products.
Experience implementing and adhering to FDA and computer systems validation requirements.
Demonstrated leadership in achieving shared objectives in a matrix organization.
Highly organized, outcome-oriented with excellent planning skills.
Excellent leadership, presence, and executive communication skills.
Must be a self-starter and results driven.
Innovative thinking, strategic focus and aptitude that challenges the status quo.
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.
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): $172,000.00 - $258,000.00
This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).
This position is eligible for an annual long-term incentive plan.
The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California.
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, and Capital Accumulation Plan.
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.
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 90,000+ passionate people.
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, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
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Job Tags
Holiday work, Local area, Remote job, Flexible hours,