Senior Accountant (SSC SR Accountant G/L) at Medtronic

Pune, Maharashtra, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Expertise in principles of accounting to analyze financial information and prepare internal/external reports
Ability to maintain/oversight accounts and records (disbursements, expenses, tax payments, income)
Proficiency in compiling/analyzing financial data to record transactions, prepare reports, and verify accuracy
Experience preparing balance sheets, P&L, cash flow statements, consolidating financial statements, and other reports/schedules
Skills in designing, modifying, installing, and maintaining accounting systems for financial transaction recognition
Knowledge of accounting/auditing policies, procedures, internal controls, with responsibility for adherence and communication
Capability for month-end close processes
Technical support for M&A accounting activities
Oversight of technical accounting research for complex transactions and new standards implementation
Collaboration with corporate/local Finance teams, auditors, and IT Support
Senior-level subject-matter expertise in GL activities for high-quality end-to-end execution

Responsibilities

Apply accounting principles to analyze financial information and prepare internal/external financial reports
Maintain or oversee control of accounts/records in disbursements, expenses, tax payments, and income
Compile and analyze financial information to record transactions, prepare reports, and review/verify accuracy
Prepare balance sheet, P&L, cash flow statements; consolidate financial statements and other schedules/reports
Design, modify, install, and/or maintain accounting systems for adequate 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 and accounting for M&A activities (may be responsible)
Oversee technical accounting research for complex transactions and implement new accounting standards (may be responsible)
Drive process improvements and support internal stakeholders in monthly/quarterly/annual closings
Act as subject-matter expert for GL activities and ensure compliant, timely financial accounting

Skills

Key technologies and capabilities for this role

General LedgerFinancial AccountingMonth-End CloseQuarter-End CloseYear-End CloseProcess ImprovementFinancial AnalysisIFRSGAAPSAPERP Systems

Questions & Answers

Common questions about this position

Is this a remote position or does it require working in an office?

The role is based in Pune, India, requiring close collaboration with corporate and local Finance teams, internal and external auditors, and the IT Support team.

What are the main 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's Global Diabetes Capability Center?

The culture emphasizes innovation, exploration, leading with purpose, breaking down barriers to innovation, and championing healthcare access and equity in a connected, compassionate world, with opportunities for lifelong careers.

What makes a strong candidate for this Senior Accountant position?

Strong candidates will have expertise in general ledger activities, experience with month-end close, financial reporting, process improvements, and the ability to act as a subject-matter expert collaborating across teams.

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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