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190003S9 Requisition #
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Careers that Change Lives

Treasury  is responsible for corporate financing strategies and execution, capital structure recommendations, tax and foreign currency considerations, treasury operations, investment programs for the Company's cash, trust and pension assets, and foreign currency and interest rate risk management.  Treasury serves as an advocate for the Company to debt and equity investors, commercial and investment banks, and rating agencies.

This position works within the combined Cash Management and Operations function which includes the activities of cash management, derivative operations, compliance and internal funding processes.  This team partners with all areas of treasury (international, foreign exchange, and capital markets), as well as Tax, Legal and Controllers on a variety of activities and initiatives. 

Impact patient outcomes. Come for a job, stay for a career.
A Day in the Life

 Flexible position with variety of responsibilities and interaction points across core cash management, internal funding (intercompany), and derivative operations.  The role is dynamic, highly connected and collaborative with other Treasury functions and team members. 


Related to derivative operations, core activities may include:

•             Perform counterparty risk and collateral processes related to derivative portfolio

•             Execute trade confirmation and direct single and multi-bank settlements

•             Support derivative regulatory compliance processes and assist in the development of controls related to the evolution of Dodd-Frank, EMIR, and other emerging

•             Participate in the ISDA/CSA execution and management, including on-going harmonization

•             Support systems and operational process harmonization for derivatives

•             General Administrative (Paper statements and notices, monitoring shared email boxes, filing, other)


Related to cash management and internal funding, core activities may include:

•             Assist or perform day-to-day cash forecasting, cash concentration oversight and recommendations related to excess cash

•             Generation and analysis of daily liquidity report including short and long term cash forecasting

•             Gather, analyze and present bank fee analysis

•             Review and support banking structures and day-to-day bank account management (signature card updates, service changes, etc.)

•             Unclaimed property administration

•             Liaise with Shared Service Center (AP, AR, Payroll) and Business Units related to cash liquidity matters

•             Support intercompany lending and cash concentration / mobilization

•             General Administrative (Paper statements and notices, monitoring shared email boxes, filing, other)


The position also will participate and support the continued development and maintenance of Treasury technology platforms, structures, and integrations, as well as implementation and ongoing infrastructure upgrades.  Finally, this position will perform ad-hoc analysis and projects within the team and across treasury and finance as needed.

Must Have:   Minimum Requirements
  • BS or BA degree in Finance, Accounting, or Economics, or MBA
  • Minimum of 2 years of relevant experience, or advanced degree with 0 years of experience
  • Experience with Microsoft Office package (Excel, Word, PowerPoint)
Nice to Have

•             Prior experience in, or exposure to, treasury operations including risk management and/or cash management desired

•             Experience with banking and/or operations in close proximity to Treasury in a corporate environment

•             Prior experience/exposure to SAP and/or Hyperion reporting desired

•             Strong communication and interpersonal skills

•             Demonstrated ability to work effectively in a team environment

•             Strong organizational skills, problem solving, and critical thinking

•             High degree of initiative, self-motivation, integrity and self-confidence

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life.  We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.


We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.

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 Day in the Life 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.


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.


This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: http://www.uscis.gov/e-verify/employees

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Change Begins With You

We look for bold ideas and fresh insights - that's what drives innovation. Come drive the future of healthcare with us.


The opportunity to invent. The benefit of joining a leader. The power to improve lives. You’ll find all that and more here.

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Join us in our challenge to make global healthcare more affordable and accessible. Your insight and oversight will help us create solutions that change the world.

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Medtronic Mission.

Our mission “to alleviate pain, restore health, and extend life” is more than a statement. It’s a belief that our employees live every day.

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Our employees come from varied backgrounds with a common goal—changing lives.

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The mission to improve access to healthcare globally is something we are all very proud to work hard toward achieving. Great people, fun atmosphere, big city salaries. The CEO is fantastic - he is a very clear communicator of the mission and is truly dedicating his life to achieving it.
Smart and committed coworkers. Mission driven. Good benefits. Good long term career opportunities. Company is large enough that you can always find interesting projects to work on.
Knowing that everyday your work helps to save lives makes it great place to work. Training on lean practices, quality and other. Excellent peers.


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