Legal Entity Controller - Nordics at Medtronic

Madrid, Community of Madrid, Spain

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, Diabetes CareIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or related field
6–8 years of experience in statutory accounting or financial reporting within a multinational organization
Strong knowledge of at least 2 local GAAPs (Denmark, Norway, Sweden and Finland) and US GAAP
Experience with ERP systems (SAP preferred)
Excellent analytical, problem-solving, and communication skills
Ability to collaborate effectively with cross-functional teams and shared services
Proficient Language skills in at least 2 languages (Denmark, Norway, Sweden and Finland)
Familiarity with audit coordination and tax compliance (preferred, not required)

Responsibilities

Ensure completeness and accuracy of the financial statements for the legal entities assigned to you in both US GAAP, as well as the local GAAP ledger
Act as a business partner to management on local accounting matters, like revenue recognition and accruals
Collaborate with Financial Shared Services to resolve accounting issues and optimize processes
Maintain compliance with local statutory requirements and US GAAP
Prepare and coordinate the local financial audit, ensuring timely completion and compliance with statutory requirements and filing
Identify opportunities for process improvements and implement best practices in accounting workflows
Communicate the entity’s financial results and key accounting matters to management and stakeholders

Skills

Key technologies and capabilities for this role

US GAAPLocal GAAPStatutory Financial StatementsRevenue RecognitionAccrualsFinancial AuditFinancial ComplianceProcess ImprovementFinancial Shared Services

Questions & Answers

Common questions about this position

What is the work location and flexibility for this role?

This role is based in Spain, with flexibility for hybrid or remote work. Occasional travel may be required to support business needs.

What are the required qualifications and experience for this position?

A Bachelor’s degree in Accounting, Finance, or related field and 6–8 years of experience in statutory accounting or financial reporting within a multinational organization are required.

What accounting knowledge is needed for this job?

Strong knowledge of at least 2 local GAAPs (Denmark, Norway, Sweden and Finland) and US GAAP is required.

What language skills are required?

Proficient language skills in at least 2 languages (Denmark, Norway, Sweden and Finland) are required.

What salary or compensation does this role offer?

This information is not specified in the job description.

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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