Steve Sloan

Steve Sloan Email and Phone Number

MedTech Finance Executive @ JenaValve Technology, Inc.
Steve Sloan's Location
Orange County, California, United States, United States
Steve Sloan's Contact Details
About Steve Sloan

10+ years as a business finance executive. Have lead teams ranging in size from 5 to 30 finance resourcing, supporting operations with over 5,000 people. Have managed budgets with over $1.2 billion in revenue, $0.5 billion in spending, and $0.2 billion in inventory.Expertise in Operations & Global Manufacturing, working with department heads to rationalize spending, while driving accountability & performance.• Operations Finance• Business Partner• Budgeting & Financial Planning• Business & Cost Analysis• Project Management• Acquisitions/Integrations• Staff Hiring & Development• Presentations & Public Speaking

Steve Sloan's Current Company Details
JenaValve Technology, Inc.

Jenavalve Technology, Inc.

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MedTech Finance Executive
Steve Sloan Work Experience Details
  • Jenavalve Technology, Inc.
    Vice President Finance
    Jenavalve Technology, Inc. Dec 2022 - Present
    Irvine, Ca, Us
  • Biomerica, Inc.
    Chief Financial Officer
    Biomerica, Inc. May 2020 - Nov 2022
    Irvine, Ca, Us
  • Medtronic
    Divisional Finance Director
    Medtronic 2017 - May 2020
    Minneapolis, Mn, Us
    • Responsible for 8 manufacturing sites in CA, MN, Mexico, China, Netherlands, France and Ireland, supporting $1.2B in Revenue. Managing $500M in spend and $200M of inventory• Manage a matrix staff of 30 finance resources, developing and growing the teams financial and business partnering skills• Directed all financial reporting/forecasting functions including budgeting, expense forecasting and analysis, capital spend, inventory forecasting, financial reviews• Developed business cadence and consistently improved all financial reporting, and KPI's resulting in faster, more accurate reports with action plans useful to executive management• Consistently delivering annual cost down of 5% to support margin growth• Develop the five-year strategic plan – focusing on growth and earnings improvement, in concert with the Divisional GM and other executives• Drive NPV analysis for 2-5 new projects per year with expenses of $1-$40M
  • Medtronic
    Senior Finance Manager
    Medtronic 2015 - 2017
    Minneapolis, Mn, Us
    • Responsible for 2 manufacturing sites & 13 contract manufacturers• Responsible for the financial processes, forecasting of $120M in spend• Converted Covidien site to Medtronic reporting and financial processes• Manage a staff of 4 finance resources, emphasis on transition to MDT finance expectations• Identified & corrected balance sheet issues around inventory reserves, aging capital, and leases
  • Medtronic
    Finance Manager
    Medtronic 2013 - 2015
    Minneapolis, Mn, Us
    • Responsible for one manufacturing site & two contract manufacturers• Budgeting – Identified $2.6M in errors; created valid CY budget• Turned 100% of team, developed new team, reducing closing time by 33%, account recs by 50%• Focus on cost reduction, 75% reduction in international overnight freight run rate• Identified & corrected several balance sheet concerns, including $1.4M misclassification of inventory, and $0.5M in-transit reconciling issue
  • Medtronic
    Finance Manager
    Medtronic 2011 - 2013
    Minneapolis, Mn, Us
    • Responsible for manufacturing cost of two facilities• Acquisition – Managed financial conversion from Great Plains to SAP• Converted business from P&L focus to manufacturing productivity focus• Created comprehensive manufacturing and inventory closing packages• Reduce inventory by $2.7 million, 51% turn improvement in 14 months• Generated $0.5 million in favorable manufacturing variances in 2014 fiscal year-to-date• Business partnered with operations on direct labor productivity, product costs and yields
  • Ge
    Finance Manager
    Ge 2006 - Jun 2011
    Boston, Ma, Us
    • Responsible for manufacturing cost of three facilities• Managed five employees and generated $1.5 Million in variable cost productivity in 2008• Sale of $30 million medical division, with $4 million gain from sale• Closure of plant, generating $1 million in base cost savings
  • Ge
    Financial Planning And Analysis Manager
    Ge 2003 - 2006
    Boston, Ma, Us
    • Responsible for managing $7 billion in inventory for appliance and lighting division• Managed schedules for 20+ factories, determining when production needed to be increased as well as when lack of work was required• Developed automated web interface to MS Excel model which reduced inventory forecast time from 3 days down to 6 hours
  • Ge
    Sourcing Finance Manager
    Ge 2001 - 2003
    Boston, Ma, Us
    • Ownership of material cost reduction for refrigeration product line• Engaged sourcing team to find alternative sources as well as negotiate lower cost from current suppliers• Set targets of 10% cost reduction in first year in role and delivered a 13% reduction on our side by side refrigerator line
  • Ge
    Sales Finance Manager
    Ge 2000 - 2001
    Boston, Ma, Us
    • Developed financial model for transacting with consumers• Responsible for financial results of new division, grew business 500% in 1 year• Worked on deals to develop alternative outlets, including Amazon and corporate partner stores
  • Ge
    Internal Auditor
    Ge 1997 - 2000
    Boston, Ma, Us
    • 4 month assignments covering Acquisitions, Integrations, Euro Implementations, and Financial Audits• Assignments in South Africa, Japan, Scotland, Singapore, Korea, China, Belgium, England, Texas, Georgia, and New York

Steve Sloan Skills

Financial Analysis Process Improvement Financial Modeling Finance Forecasting Accounting Leadership Corporate Finance Risk Management Business Strategy Change Management Cross Functional Team Leadership Business Process Improvement Financial Reporting Budgets Medical Devices

Steve Sloan Education Details

  • University Of Minnesota - Carlson School Of Management
    University Of Minnesota - Carlson School Of Management
    Business Administration
  • Minnesota State University Moorhead
    Minnesota State University Moorhead
    Accounting

Frequently Asked Questions about Steve Sloan

What company does Steve Sloan work for?

Steve Sloan works for Jenavalve Technology, Inc.

What is Steve Sloan's role at the current company?

Steve Sloan's current role is MedTech Finance Executive.

What is Steve Sloan's email address?

Steve Sloan's email address is steven.sloan@ge.com

What schools did Steve Sloan attend?

Steve Sloan attended University Of Minnesota - Carlson School Of Management, Minnesota State University Moorhead.

What are some of Steve Sloan's interests?

Steve Sloan has interest in Science And Technology.

What skills is Steve Sloan known for?

Steve Sloan has skills like Financial Analysis, Process Improvement, Financial Modeling, Finance, Forecasting, Accounting, Leadership, Corporate Finance, Risk Management, Business Strategy, Change Management, Cross Functional Team Leadership.

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