Senior Accounting Manager - CV Controllership
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
This position will lead all responsibilities for Cardiovascular Controllership function. In this role, the individual will partner closely with OU and Enterprise Accounts Finance, Tax, Business Development, Legal, and SSC teams to support key operational and strategic priorities. They will provide ad hoc technical accounting guidance across areas such as revenue recognition and R&D accounting while managing and governing the QED process, including oversight of extended payment terms.
The role includes preparing financial close analyses for quarterly meetings and contributing to strategic transactions involving minority investments, intangible assets, IPR&D, and earnouts. Additionally, the individual will oversee complex accounting matters such as royalties, capital equipment, earnouts, construction in progress (CIP), warranties, and FCAs.
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.
Responsibilities may include the following and other duties may be assigned.
Applies principles of accounting to analyze financial information and prepares internal and external financial reports.
Maintains or oversees the control of accounts and records in such areas as disbursements, expenses, tax payments and income.
Compiles and analyzes financial information to record transactions, prepare reports, and review and verify accuracy.
Prepares balance sheet, profit and loss and cash flow statements, prepares and consolidates financial statements, and other accounting schedules and reports.
Designs, modifies, installs, and/or maintains accounting systems to ensure an adequate recognition of financial transactions.
Responsible for the adherence to and communication of accounting and auditing policies and procedures and internal controls.
May be responsible for month end close.
May be responsible for technical support and accounting of M&A activities.
May oversee technical accounting research for complex business transactions and implementation of new accounting standards.
Minimum Requirements:
Education: Bachelor’s degree
7+ years of progressive experience in accounting or finance (or 5+ with an advanced degree) with 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.
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.
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.
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).
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.