Associate Accountant at Medtronic

Bogota, D.C., Bogota, D.C., Colombia

Medtronic Logo
Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience 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 capable of working with close supervision
  • 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
  • Strong communication skills for internal contacts within immediate group to gather, confirm, and convey information
  • Focus on self-development

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 from design to implementation while adhering to policies, using specialized knowledge and skills
  • Works with stakeholders to achieve desired results; may act as a mentor to colleagues or direct work of lower-level professionals

Skills

Key technologies and capabilities for this role

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

Questions & Answers

Common questions about this position

What is the salary range for the Associate Accountant position?

This information is not specified in the job description.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What education or experience is required for this role?

A Baccalaureate degree is required, with broad theoretical job knowledge typically obtained through advanced education; 0 years of experience is required.

What is the work environment like at Medtronic?

It's an environment focused on exploration, innovation, leading with purpose, and championing healthcare access and equity in a connected, compassionate world.

What makes a strong candidate for the Associate Accountant role?

Candidates with a Baccalaureate degree and broad theoretical accounting knowledge who can work under close supervision on entry-level projects of limited scope will stand out.

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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