Senior Tax Manager at Medtronic

Northridge, California, United States

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Medical Technology, Healthcare, DiabetesIndustries

Requirements

  • Bachelor's degree plus 7+ years of experience in U.S. GAAP Global tax provision, including U.S. income tax compliance (or 5+ years with an advanced degree) plus 5+ years of managerial experience
  • Nice to Have: Bachelor’s degree in Accounting, Finance, Tax, or related field; CPA or equivalent preferred. Master’s or professional certification (e.g., CTA, CPA) a plus
  • Strong technical knowledge of ASC 740, IRC Section 482, and related regulations
  • Skilled in leveraging financial and tax technology platforms to efficiently extract, analyze, and apply system data for reporting and compliance. In particular, experience with tax software (e.g., OneSource Tax Provision, Corptax) and ERP systems

Responsibilities

  • Lead the quarterly and annual U.S. GAAP income tax provisions (ASC 740)
  • Collaborate with accounting and finance teams to ensure accurate tax reporting and disclosures
  • Manage deferred tax calculations, uncertain tax positions, and effective tax rate analysis
  • Coordinate with external auditors and internal stakeholders to ensure timely and accurate reporting
  • Oversee the income tax disclosures in foreign statutory financial statements to ensure accuracy, compliance with local regulations, and alignment with global tax policies
  • Develop and maintain cash tax forecasts and models
  • Financial reporting for divestitures and M&A
  • Oversee preparation and review of U.S. federal income tax returns for domestic entities
  • Manage compliance related to R&D tax credits and other incentives
  • Ensure timely filing and accuracy of all federal tax obligations

Skills

Corporate Tax
Tax Reporting
Tax Provision
Cash Tax Forecasting
Federal Tax
US Tax

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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