Director of External Reporting and Technical Accounting, Medtronic Diabetes
Medtronic
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 Diabetes Operating Unit focuses on improving the lives of those within the global diabetes community. As a business, we strive to empower people with diabetes to live life on their terms by delivering innovation that truly matters and providing support in the ways they need it. We’re committed to meeting people with diabetes where they are in their journey, always with an aim to make their lives easier. We are a nearly $3 billion, USA-based medical technology business. Our portfolio of innovative solutions is designed to provide customers with greater freedom and better health, helping them achieve better glucose control, while spending less time managing their disease.
For more information, visit us at www.medtronic.com and www.medtronicdiabetes.com .
This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.
The Director of External Reporting & Technical Accounting is a critical leadership role overseeing the integrity, accuracy, and compliance of a company’s financial reporting to external stakeholders, including investors, regulators, and the public. This position requires an expert understanding of U.S. Generally Accepted Accounting Principles (GAAP), SEC regulations, and best practices in technical accounting research. The Director will lead the preparation and review of periodic filings, drive continuous improvement in reporting processes, act as a key liaison with auditors and regulatory bodies, and serve as a trusted advisor to executive leadership on complex technical accounting matters.
The successful Director of External Reporting & Technical Accounting will demonstrate a passion for accuracy, attention to detail, and the ability to thrive in a dynamic and rapidly changing environment. They will be a proactive problem-solver, a collaborative leader, and a trusted advisor to executive management and the Board of Directors.
Responsibilities may include the following and other duties may be assigned.
External Financial Reporting:
- Lead the preparation, review, and submission of all SEC filings (e.g., 10-K, 10-Q, 8-K, S-1, S-3, S-8, and proxy statements) in compliance with relevant regulations and deadlines.
- Coordinate with legal, tax, treasury, investor relations, and finance teams to ensure accuracy and consistency of disclosures across all public documents.
- Maintain a robust calendar and workflow to meet all reporting deadlines, including interim and annual filings.
- Drive the adoption and implementation of new disclosure requirements as regulatory landscapes evolve.
- Shaping the company’s public financial narrative through transparent, timely, and insightful disclosures.
- Influencing enterprise-wide decisions by providing authoritative technical accounting guidance.
- Enhancing the company’s reputation with regulators, investors, and other external stakeholders through best-in-class reporting and compliance.
- Developing future finance leaders and building a high-performing team culture.
Technical Accounting Research and Policy:
- Serve as the subject matter expert on US GAAP, SEC rules, and evolving accounting pronouncements (ASC, IFRS as applicable, and other authoritative guidance).
- Lead technical research on complex accounting issues, such as revenue recognition, business combinations, stock-based compensation, leases, financial instruments, and impairment analyses.
- Develop, update, and communicate accounting policies and procedures company-wide.
- Prepare technical accounting position papers and memos supporting the company’s accounting conclusions.
- Provide training and guidance to the finance organization on technical accounting matters.
- Internal and External Audit Coordination:
- Act as the primary point of contact for the company’s external auditors during quarterly and annual audits and reviews.
- Coordinate audit requests and address audit findings in a timely manner.
- Support the implementation and maintenance of internal controls over financial reporting (ICFR) and SOX 404 compliance.
Cross-Functional Collaboration:
- Partner closely with FP&A, tax, treasury, legal, HR, and operations teams to ensure completeness and accuracy of financial results and disclosures.
- Collaborate with executive leadership on strategic initiatives, mergers & acquisitions, capital market transactions, and other business developments with accounting implications.
- Support the CFO and Controller with board materials, earnings releases, and investor communications.
Continuous Improvement and Transformation:
- Identify and implement automation opportunities within the reporting and technical accounting functions.
- Evaluate, select, and implement reporting and consolidation systems or other technology to support efficient and accurate reporting.
- Drive process improvement initiatives to enhance timeliness, efficiency, and quality of reporting deliverables.
Team Leadership and Talent Development:
- Manage, mentor, and develop a team of accounting professionals, fostering a culture of excellence, collaboration, and continuous learning.
- Set clear goals, provide regular feedback, and support career progression for direct reports.
- Oversee resource planning and hiring as the needs of the department evolve.
Minimum Requirements:
- Education: Bachelor’s degree.
- Experience: 10+ years of progressive experience in accounting or finance, with at least 5 years in a technical accounting or financial reporting role plus 5+ years of managerial experience.
Nice to Have:
- Certification: Active CPA license.
- Bachelor's degree in Accounting, Finance, or a related field.
- Master’s degree or MBA
- Experience in a Big Four public accounting firm is highly desirable.
- Technical Skills: Deep expertise in US GAAP, SEC reporting requirements, and technical accounting research. Experience with financial reporting software (e.g., Workiva, Hyperion, OneStream, or similar) is a plus.
- Communication: Exceptional written and verbal communication skills, with the ability to clearly explain complex accounting issues to non-technical audiences and executive stakeholders.
- Leadership: Demonstrated ability to lead teams, manage multiple priorities, and influence cross-functional partners.
- Project Management: Strong organizational skills with a track record of successfully managing multiple complex projects under tight deadlines.
- Ethics: High level of integrity, confidentiality, and professionalism.
- Experience with international accounting standards (IFRS) and global consolidations.
- Background in a public company environment, preferably within a highly regulated or fast-paced industry (e.g., technology, life sciences, financial services).
- Proven track record of process reengineering or finance transformation initiatives.
- Advanced analytical and critical thinking skills.
- Commitment to diversity, equity, and inclusion in the workplace.
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.
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 (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
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. Please note some of the above benefits may not apply to workers in Puerto Rico.
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 95,000+ 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.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.