Record to report Senior Manager 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 or Master’s degree in Accounting, Finance, or related field
Minimum 7–10 years of experience in accounting or R2R, ideally in a Shared Service environment
Strong knowledge of accounting principles (USGAAP) and internal controls
Proven people management experience
Experience with ERP systems (SAP/Oracle/MS Dynamics)
Excellent analytical, communication, and problem-solving skills
Continuous improvement mindset; experience with LEAN, Six Sigma, or automation is a plus

Responsibilities

Oversee all Record-to-Report activities: General Ledger, Intercompany, Fixed Assets, and Cash Application
Ensure accurate and timely month-end, quarter-end, and year-end closing
Manage intercompany reconciliations, settlements, and issue resolution
Maintain the Fixed Asset register and oversee capitalizations, depreciation, and disposals
Supervise timely and accurate cash application of incoming payments
Drive standardization and efficiency improvements across R2R processes
Identify and implement automation opportunities
Support system enhancements, migrations, and new finance tool implementations
Lead and develop the R2R team within the Shared Service Center
Act as the main point of contact for internal stakeholders
Ensure high-quality, efficient, and compliant execution of all Record-to-Report processes
Ensure timely and accurate financial reporting

Skills

Key technologies and capabilities for this role

Record-to-ReportGeneral LedgerIntercompany AccountingFixed AssetsCash ApplicationMonth-End CloseFinancial ReportingProcess ImprovementShared ServicesBPO Management

Questions & Answers

Common questions about this position

What experience is required for the Senior Manager Record-to-Report role?

A Bachelor’s or Master’s degree in Accounting, Finance, or related field is required, along with minimum 7–10 years of experience in accounting or R2R, ideally in a Shared Service environment.

Where is the team located for this position?

Your team will be located in Pune, India, while your key stakeholders are based in Northridge, California, USA.

What key skills are needed for this role?

Strong knowledge of accounting principles (USGAAP) and internal controls, proven people management experience, experience with ERP systems (SAP/Oracle/MS Dynamics), and excellent analytical, communication, and problem-solving skills are required.

What is the salary or compensation for this position?

This information is not specified in the job description.

What makes a strong candidate for this Senior Manager role?

Candidates passionate about strengthening accounting and control, partnering across teams, with a continuous improvement mindset and experience in LEAN, Six Sigma, or automation 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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