Assoc Accountant at Medtronic

Shanghai, Shanghai, China

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Baccalaureate degree (or equivalent degree satisfying 8 C.F.R. § 214.2(h)(4)(iii)(A) for degrees earned outside the United States)
Broad theoretical job knowledge typically obtained through advanced education
0 years of experience required
Entry-level individual contributor with autonomy under close supervision
Ability to deliver work of limited scope on smaller, less complex projects
Ability to identify, define, and address problems that are not immediately evident but typically not difficult or complex
Ability to make minor changes in systems and processes to solve problems
Ability to communicate primarily with internal contacts within immediate group to gather, confirm, and convey information

Responsibilities

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 areas such 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 adequate recognition of financial transactions
Responsible for adherence to and communication of accounting and auditing policies, 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
Delivers and/or manages assigned projects, works with stakeholders to achieve results, and may act as a mentor or direct work of lower-level professionals (per specialist career stream)

Skills

Key technologies and capabilities for this role

Financial ReportingAccounting PrinciplesBalance Sheet PreparationProfit and Loss StatementsCash Flow StatementsMonth End CloseInternal ControlsGAAPFinancial AnalysisM&A AccountingAccounting Systems

Questions & Answers

Common questions about this position

What education is required for the Associate Accountant position?

A Baccalaureate degree is required, or for degrees earned outside the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A). No prior experience is required.

Is prior experience required for this role?

No prior experience is required for this entry-level position.

What does a typical day look like for an Associate Accountant at Medtronic?

Responsibilities include applying accounting principles to analyze financial information, preparing reports, maintaining accounts for disbursements and expenses, compiling transactions, preparing financial statements, and ensuring adherence to accounting policies.

What is the career level and autonomy for this position?

This is an entry-level individual contributor role with close supervision, focused on delivering work of limited scope on smaller projects, identifying and addressing non-complex problems, and communicating primarily within the immediate team.

What is the employment type for this job?

The position is full-time.

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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