Senior Accountant at Medtronic

Pune, Maharashtra, India

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

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
Ensures adherence to and communication of accounting and auditing policies, procedures, and internal controls
Experience with month-end close processes
Provides technical support and accounting for M&A activities
Oversees technical accounting research for complex business transactions and implementation of new accounting standards
Ability to collaborate with BPO partners (e.g., Accenture), corporate and local finance teams, HR, Accounts Payable, internal/external auditors, and IT support teams
Based in Pune, India, with focus on managing employee benefit accounting across multiple geographies

Responsibilities

Analyze financial information and prepare internal and external financial reports using accounting principles
Maintain or oversee accounts and records for disbursements, expenses, tax payments, and income
Compile and analyze financial information to record transactions, prepare reports, and verify accuracy
Prepare balance sheet, profit and loss, cash flow statements, consolidate financial statements, and other accounting schedules/reports
Design, modify, install, and/or maintain accounting systems for proper financial transaction recognition
Ensure adherence to and communicate accounting, auditing policies, procedures, and internal controls
Perform month-end close activities
Provide technical support and accounting for M&A activities
Oversee technical accounting research for complex transactions and implement new accounting standards
Manage and optimize employee benefit accounting operations for Diabetes International, ensuring accuracy, compliance, and timely reporting
Support process improvement initiatives and collaborate with HR, finance teams, BPO partners, auditors, and IT

Skills

Key technologies and capabilities for this role

Accounting PrinciplesFinancial ReportingEmployee Benefits AccountingComplianceProcess ImprovementFinancial AnalysisInternal ControlsAccounts PayableAuditing

Questions & Answers

Common questions about this position

Is this Senior Accountant position remote or office-based?

The role is based in Pune, India, requiring on-site presence at the Global Diabetes Capability Center.

What are the key responsibilities of the Senior Accountant role?

Responsibilities include applying accounting principles to analyze financial information, preparing reports, maintaining accounts for disbursements and expenses, preparing financial statements, and ensuring adherence to accounting policies and internal controls.

What is the salary or compensation for this position?

This information is not specified in the job description.

What is the company culture like at Medtronic for this role?

Medtronic emphasizes a culture of exploration, innovation, purpose-driven leadership, and collaboration with teams like HR, finance, and BPO partners, while championing healthcare access and equity.

What makes a strong candidate for the Senior Accountant position?

Strong candidates will have expertise in accounting principles, financial reporting, internal controls, and experience with month-end close, technical accounting research, or M&A activities, particularly in employee benefits accounting across geographies.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free