At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
Operator:
Deliver financial closing and reporting in compliance with US GAAP and India statutory financial standards
Review and sign off balance sheet account reconciliations and attest balance sheet controls
Ensure timely statutory and regulatory reporting, including audits and tax filings
Lead and provide account services across value-streams to business areas with support from shared services and BPO
Provide oversight and collaborate with Treasury functions for local entity banking, funding, and foreign exchange management
Provide oversight and collaborate with Tax functions for local entity corporate tax, indirect tax, transfer price tax etc areas of compliance
Provide oversight and collaborate with Credit functions for credit and collections
Steward:
Be the finance owner of companyfinance policy and internal controls
Implement and oversee SOX control framework and deliverables
Be the finance owner of statutory financial control compliance with regards to India Company Act and internal Audit/Internal Control requirements
Provide fiduciary oversightfor the India legalentity, in support of the local India entity board of directors, working closely with the company secretary function and legal function
Be an active gatekeeperto provide oversight on company assets.
Drive and support internal audit corrective and preventive actions
Catalyst / Strategist:
Support India country initiatives ensuring sound accounting and tax compliance adviceto achieve business results the right way
Support global finance and accounting initiatives including new accounting standards implementation
Deliver continuous process improvements and best practices across accounting value streams, leveraging shared services and BPO support
Participate in cross functional initiatives with a focus on improving the control environment, collaborating with other finance functions (business finance, FP&A, Tax, Treasury, Credit) and other support functions (Pricing, Indirect Sourcing, Legal, Compliance, Channel, Regulatory etc)
Identify and contribute to working capital and free cashflow improvements
Proactively involved in business planning and legal/compliance reviews toidentify, assess and address controllership, financial & tax risks
Lead and develop a high performing and inclusive teamrecognized by functional colleagues and stakeholders
Be a role model in supporting and driving inclusion, diversity, equity and ethics initiatives
Success Measures:
Timely financial closing and reporting with minimized accounting surprises
On-time balance sheet reconciliation and deliverables
Unqualified legal entity statutoryfinancial audit
Timely and accurate statutory tax reporting and other compliance reporting
Improved operational KPI’s and efficiencies across accounting operations and value-streams
Timely closure of internal/external/SOX audit items
Contribute to working capital / FCF including cost savings, policy compliance, AR/DSO, Accounts Payable
# of continuous improvement projects and hours savings
Optimized entity FX, cashflow, and debt & equity structure
High team engagement and positive stakeholder feedback
Required knowledge, experience and educational level
University degree in accounting or finance or relevant discipline
Accounting qualification (e.g. CPA, ACCA, CIMA etc)
Progressive track record with 12+ years working experience with MNCs, minimum 5 years+experience in India
Extensive knowledge aboutfinancial and management accounting. US GAAP and/or IFRS exposure will be important.
In-depth understanding of India Financial Reporting Standards and other relevant regulations eg. the India Company Act and India tax and audit regulations
Handson experience in dealing withIndia direct, indirect tax, transfer price compliance subjects, statutory auditors, and regulatory agencies
Effective interpersonal, influential, collaboration and presentation skills
Strong data analytical and reporting skills
Proven people and team development and leadership skills
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here