Controller at Medtronic

Herzliya, TA, Israel

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

BA in Accounting and certified CPA
Minimum of 5 years' accounting experience
Strong revenue recognition experience
Strong knowledge and experience in US GAAP and Israeli GAAP
Working experience and understanding of ERP systems
The ability to work pro-active within a “start-up” culture
Eagerness to collaborate with specialists in other functional areas to continuously develop business acumen
Well-developed verbal and writing communication skills in English
Internship in one of the Big4 accounting firms
Hi-tech finance department work experience
Professional working proficiency with Power BI reporting to develop dashboard
Working experience with Priority and SAP ERP systems is an advantage

Responsibilities

Take up the role of people leader for the accounting employee(s) within your organization, if any
Apply US GAAP & Israel GAAP regulations into practical accounting
Take up the role of finance business partner for the local site management and liaise with the VAT, Corporate Income Tax, Transfer Pricing, Treasury & Regulatory functions to manage the financial impact of risks & opportunities
Responsible for the Financial Statements, Tax reports and other regulatory reporting and the related audits
Local accounting activities for the period closing cycles
Collaborate and monitor global teams that represent so-called Global Value Streams [e.g. Invoice to Pay]
Safeguard and continuously develop the finance operations
Manage key risks & opportunities, applying local and US GAAP accounting & compliance to the tax framework
Act as a key business partner to various leaders within Nutrino Health and Diabetes organization, including site leaders
Manage a cross-functional network of stakeholders together with the regional controller

Skills

Key technologies and capabilities for this role

US GAAPIsrael GAAPCPAFinancial StatementsTax ReportingVATCorporate Income TaxTransfer PricingTreasuryPeriod ClosingAudit

Questions & Answers

Common questions about this position

What compensation does Medtronic offer for this role?

Medtronic offers a competitive salary and flexible benefits.

Is this position remote or based in an office?

This information is not specified in the job description.

What are the key qualifications required for this Accountant position?

Candidates need a BA in Accounting and CPA certification, minimum 5 years of accounting experience, strong US GAAP and Israeli GAAP knowledge, ERP systems experience, Big4 internship, and hi-tech finance experience.

What is the company culture like for this role?

The role involves working proactively within a 'start-up' culture, becoming part of the entity’s culture to develop meaningful business relationships, and collaborating with specialists in other functional areas.

What experience makes a candidate stand out for this position?

Strong revenue recognition experience, professional working proficiency with Power BI for dashboards, and experience with Priority and SAP ERP systems are advantages, along with being a people leader and finance business partner.

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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