Manager - Accounting at Medtronic

Hyderabad, Telangana, India

Medtronic Logo
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical DevicesIndustries

Requirements

Candidates must be a CA with 10-12 years of progressive finance and accounting experience, including exposure to international operations and R&D. Strong knowledge of Direct Tax, Transfer Pricing, and SEZ is required, along with business partnership experience and excellent Excel and PowerPoint skills. Experience in multinational financial operations with IGAAP and US GAAP, ERP systems like SAP/Oracle, and the healthcare/medical device industry is preferred.

Responsibilities

The Manager - Accounting will oversee statutory financials, ensure robust internal controls, and manage compliance with statutory and tax requirements for India GAAP, reporting, audits, SEZ, treasury, and internal controls. This role involves identifying and driving process improvements, conducting technical accounting research for complex transactions, and managing external relationships with bankers, statutory auditors, and tax consultants. The position also requires collaboration with HR, legal, tax, and other functions, and involves people management responsibilities.

Skills

India GAAP accounting
Reporting
External Audit
Internal Audit
Statutory Compliance
Tax Compliance
SEZ Compliance
Treasury
Internal Control
Technical Accounting Research
Accounting Standards
Direct Tax
Transfer Pricing
Business Partnership
Communication Skills
Writing Skills

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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