Senior Accountant (SSC Cash Application Lead) at Medtronic

Pune, Maharashtra, India

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Knowledge of accounting principles to analyze financial information and prepare internal/external reports
Ability to maintain or oversee controls for accounts and records (disbursements, expenses, tax payments, income)
Expertise in compiling/analyzing financial data to record transactions, prepare reports, and verify accuracy
Skills in preparing balance sheets, P&L, cash flow statements, consolidating financial statements, and other reports/schedules
Capability to design, modify, install, and/or maintain accounting systems for proper financial transaction recognition
Responsibility for adhering to/communicating accounting/auditing policies, procedures, and internal controls
Experience with month-end close processes
Knowledge of technical support/accounting for M&A activities
Ability to oversee technical accounting research for complex transactions and new standards implementation
Supervisory experience (oversees one direct report)
Close collaboration skills with Treasury, P2P, Employee Expense Management, and Intercompany teams

Responsibilities

Oversee end-to-end cash application process, ensuring accurate/timely allocation of incoming payments
Supervise one direct report within the R2R team of the Shared Service Center
Collaborate with Treasury, P2P, Employee Expense Management, and Intercompany teams for efficient cash flow, reconciliation, and outgoing payments
Apply accounting principles to analyze financial information and prepare internal/external reports
Maintain/oversight controls for accounts/records in disbursements, expenses, tax payments, and income
Compile/analyze financial information to record transactions, prepare reports, and verify accuracy
Prepare balance sheets, P&L, cash flow statements; consolidate financial statements and other schedules/reports
Design, modify, install, and/or maintain accounting systems for financial transaction recognition
Ensure adherence to and communicate accounting/auditing policies, procedures, and internal controls
Handle month-end close (may be responsible)
Provide technical support/accounting for M&A activities (may be responsible)
Oversee technical accounting research for complex transactions and new standards implementation (may oversee)
Other duties as assigned

Skills

Key technologies and capabilities for this role

Cash ApplicationRecord to ReportR2RFinancial ReportingAccount ReconciliationTreasuryProcure to PayP2PAccounting PrinciplesFinancial AnalysisDisbursementsExpenses ManagementTax Payments

Questions & Answers

Common questions about this position

Is this a remote position or does it require office presence?

This information is not specified in the job description.

What salary or compensation does this role offer?

This information is not specified in the job description.

What are the key responsibilities and skills needed for the Senior Accountant role?

The role involves overseeing end-to-end cash application, analyzing financial information, preparing reports, maintaining accounts, and ensuring adherence to accounting policies. It requires supervising one direct report and collaborating with Treasury, P2P, and other teams.

What is the team structure for this position?

This role sits within the Record to Report (R2R) team of the Shared Service Center and supervises one direct report.

What is the company culture like at Medtronic's Global Diabetes Capability Center?

The center emphasizes exploration, innovation, leading with purpose, and championing healthcare access and equity in a connected, compassionate world, with opportunities for growth amid the Diabetes division separation.

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