Senior Accountant at Medtronic

Watford, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

ACA, ACCA, or CIMA qualified, demonstrating a strong foundation in financial and management accounting (preferred)
Advanced working knowledge of SAP and inventory systems (Ingenica preferred)
Proven ability to manage month-end close, journal entries, revenue recognition, and financial reporting in compliance with US GAAP
Strong ability to interpret financial data, support margin analysis, and contribute to business decisions aligned with financial targets
Experience in driving automation, reducing manual processes, and enhancing financial controls and reporting efficiency

Responsibilities

Apply accounting principles to analyze financial data and prepare internal and external reports
Manage revenue accruals, billing accuracy, and month-end close activities in alignment with financial targets
Reconcile inventory and validate pricing across SAP and Ingenica (preferred) systems to ensure financial integrity
Collaborate with cross-functional teams to support customer profitability
Maintain and improve accounting systems and internal controls to ensure compliance with US GAAP
Support audit readiness, technical accounting for complex transactions, and implementation of new standards
Drive automation and process improvements to enhance efficiency and reduce manual effort

Skills

Key technologies and capabilities for this role

SAPIngenicaUS GAAPRevenue RecognitionMonth-End CloseJournal EntriesFinancial ReportingInventory ReconciliationRevenue AccrualsAudit ReadinessProcess Automation

Questions & Answers

Common questions about this position

What compensation and benefits are offered for this Senior Accountant role?

Medtronic offers a competitive salary and flexible benefits package. The position is eligible for a short-term incentive called the Medtronic Incentive Plan.

Is this Senior Accountant position remote or office-based?

This information is not specified in the job description.

What qualifications and skills are required for the Senior Accountant role?

Candidates should be ACA, ACCA, or CIMA qualified with advanced knowledge of SAP and inventory systems like Ingenica. Required skills include managing month-end close, revenue recognition, financial reporting under US GAAP, and driving automation and process improvements.

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

Medtronic emphasizes a life-long career of exploration and innovation, leading with purpose to champion healthcare access and equity. They value employee contributions, share in success, and provide benefits to support every career and life stage.

What makes a strong candidate for the Senior Accountant position?

A strong candidate will be ACA, ACCA, or CIMA qualified with proven experience in US GAAP compliance, SAP, month-end processes, revenue recognition, and driving automation to improve efficiency.

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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