Senior Principal IT Technical Analyst - SAP Finance Order to Cash (Finance)

We anticipate the application window for this opening will close on - 20 Nov 2024

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 person in this role may work remotely within the US or onsite at a US-based Medtronic facility.

The Global Functions IT team is seeking a Senior Principal IT Technical Analyst specializing in the Order to Cash (OTC) process. In this role, you will employ your deep expertise in SAP S/4 HANA, SAP SD (Sales & Distribution), Intercompany Product Movement, Transfer Pricing, and Product Costing within the Life Sciences or Medical Device industry. You will showcase your strong background in SAP S/4 HANA implementations, particularly in global environments with complex supply chains. You will partner with business stakeholders to design, implement, and optimize SAP solutions tailored to the unique needs of life sciences and medical device companies, ensuring compliance, efficiency, and accuracy in global operations.

In this role, you will be responsible for collaborating with a team of SAP consultants, analysts, and developers, as well as collaborating with other stakeholders, vendors, and customers.

We believe that when people from different cultures, genders, and points of view come together, innovation is the result -and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive. Our unwavering commitment to inclusion, diversity, and equity (ID&E) means zero barriers to opportunity within Medtronic and a culture where all employees belong, are respected, and feel valued for who they are and the life experiences they contribute. We know equity starts beyond our workplace, and we must play a role in addressing systemic inequities in our communications if we hope to have long-term sustainable impact.

Anchored in our Mission, we continue to drive ID&E forward both to enhance the well-being of Medtronic employees and to accelerate innovation that brings our lifesaving technologies to more people in more places around the world.

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. Join us for a career in IT that changes lives. Medtronic is committed to fostering a diverse and inclusive culture. Check out the accomplishments of our Women in IT group! http://bit.ly/MedtronicWomeninIT
CAREERS THAT CHANGE LIVES

• Develops, documents, and configures systems specifications that conform to defined architecture standards, address business requirements, and processes.
• Involved in planning of system and development deployment as well as responsible for meeting hardware and software compliance and security standards.
• Evaluates interface between hardware and software, operational requirements and characteristics of overall system.
• Establishes and documents system design, parameters and formats, ensures hardware and software systems functionality, performance and compatibility, and coordinates and/or modifies system parameters in terms of configurations, such as existing and projected computer capacity and capabilities.
• Actively identifies system functionality or performance deficiencies, executes changes to existing systems, and tests functionality of the system to correct deficiencies and maintain more effective data handling, data integrity, conversion, input/output requirements, and storage.
• May document testing and maintenance of system updates, modifications, and configurations.
• May act as a liaison with key technology vendor technologists or other business functions.
• Function Specific: Strategically design technology solutions that meets the needs and goals of the company and its customers/users.
• Leverages platform process expertise to assess if existing standard platform functionality will solve a business problem or customization solution would be required.
• Gather and prioritize integration requirements.
• Test the quality of a product and its ability to perform a task or solve problems.
• Perform basic maintenance and performance optimization procedures in each of the primary operating systems.

ORDER TO CASH (OTC) PROCESS EXPERTISE

• Lead the design and implementation of SAP S/4 HANA solutions across the full OTC cycle, focusing on key processes such as sales order management, pricing, billing, delivery, and customer invoicing.
• Develop and implement global best practices for OTC in alignment with life sciences/medical device industry standards, ensuring regulatory compliance.

SALES & DISTRIBUTION (SD) MODULE

• Configure and optimize the SAP SD module to support complex sales and distribution scenarios, including order processing, shipping, and billing.
• Implement advanced pricing strategies and manage pricing conditions, ensuring accurate revenue recognition.

INTERCOMPANY PRODUCT MOVEMENT

• Design and manage intercompany product movement processes, ensuring accurate documentation, inventory management, and financial reconciliation across multiple legal entities.
• Collaborate with global teams to ensure compliance with trade regulations, tax requirements, and financial reporting standards.

TRANSFER PRICING & COMPLIANCE

• Implement transfer pricing strategies within SAP, ensuring adherence to global tax regulations and compliance with industry-specific standards.
• Work closely with finance and tax teams to ensure accurate calculation, reporting, and auditing of transfer pricing transactions.

PRODUCT COSTING

• Implement transfer pricing strategies within SAP, ensuring adherence to global tax regulations and compliance with industry-specific standards.
• Work closely with finance and tax teams to ensure accurate calculation, reporting, and auditing of transfer pricing transactions.

GLOBAL IMPLEMENTATION

• Lead and manage SAP S/4 HANA implementation projects in a global context, working with cross-functional teams across different regions and business units.
• Ensure solutions are scalable, compliant, and optimized for the complex, regulated environment of life sciences or medical device companies.

STAKEHOLDER MANAGEMENT

• Collaborate with business stakeholders, including sales, finance, supply chain, and compliance teams, to gather requirements and deliver tailored solutions.
• Communicate project progress, technical solutions, and key decisions to senior leadership and stakeholders across regions.

MUST HAVE (Minimum Qualifications)

• High school diploma (or equivalent) and 12+ years of experience

OR

• Bachelor's degree and 10+ years of experience or advanced degree and 8+ years of experience

NICE TO HAVE (Preferred Qualifications)

• Strongly Preferred:
  • Previous Medtronic experience
  • 10+ years of experience with SAP, including 5+ years focused on SAP S/4 HANA implementations in global, regulated industries such as Life Sciences or Medical Devices
  • Strong expertise in the Order to Cash (OTC) process, including Sales & Distribution (SD), intercompany product movement, transfer pricing, and product costing.
  • Proven experience in leading at least 2 full life cycle SAP S/4 HANA implementations in a multi-entity, global context.
• Familiarity with the regulatory and compliance requirements of the life sciences or medical device industries, including Good Manufacturing Practices (GMP) and other industry-specific guidelines.
• Experience in managing global projects in a highly regulated environment with complex intercompany and pricing structures.
• Proficiency in configuring SAP S/4 HANA modules for OTC, SD, and finance-related processes.
• Robust understanding of global trade, tax regulations, and financial implications of intercompany transactions.
• Ability to work collaboratively in cross-functional, international teams and effectively manage stakeholder relationships.
• Experience in leading and managing a team of SAP professionals
• Excellent communication, presentation, and interpersonal skills
• Strong analytical, problem-solving, and decision-making skills
• Ability to work independently and collaboratively in a fast-paced environment
• Certifications in one or more relevant SAP modules

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. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.

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):$141,600.00 - $212,400.00

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

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.
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 .

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.