Accounting Manager

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.

A Day in the LifeAs the Accounts Manager, you will be an integral member of the Diabetes Finance team in India and a partner to the finance leadership team, business leaders, and the global finance function. You will provide leadership and expertise in accounting, taxation, and finance activities associated with complex matters, including revenue recognition, revenue-related accruals, and technical accounting. You will build relationships at all levels of the organization, and the ability to effectively communicate complicated concepts to drive business strategies in an easy-to-understand manner will be critical to success in this role. You will help direct all aspects of financial accounting, controls, processes, and financial reporting to meet business objectives and play a key role in creating efficiencies and leading process improvement initiatives. This position reports directly to the India Finance Director. We look for leaders with a clear vision of where we are going and how to get there, bold inclusive thinkers who create new ideas and bring our best solutions forward to benefit our patients, business partners, and customers.

Responsibilities may include the following and other duties may be assigned:

• Support internal and external financial reporting/close processes, planning, analysis, and accounting activity for the India operations.

  
  

• Maintain a healthy balance sheet and report variance analysis.

  
  

• Oversee and maintain control of accounts and records in areas such as disbursements, expenses, tax payments, and income.

  
  

• Compile and analyze financial information to record transactions, prepare reports, and review and verify accuracy. Deliver accurate and clear financial results and comparisons at period end.

  
  

• Prepare balance sheet, profit and loss, and cash flow statements, and consolidate financial statements and other accounting schedules and reports.

  
  

• Design, modify, install, and maintain accounting systems to ensure adequate recognition of financial transactions.

  
  

• Oversee technical accounting research for complex business transactions and implementation of new accounting standards as needed.

  
  

• Support the implementation, adherence, communication, and maintenance of internal control, accounting, and auditing procedures, policies, and practices to ensure proper custody of corporate assets as well as sound, accurate, and timely financial reporting.

  
  

• Ensure that the organization's financial activities follow corporate policies, good accounting practices, procedures, and regulations established by federal and local laws, specifically India Accounting Standards, US GAAP, and India Taxation.

  
  

• Ensure Statutory compliances – Tax return filings – Tax deposits- Tax refunds

  
  

• Process optimizations

  
  

• Analyze financial statements (P&L/Balance Sheet) and reconcile accounts for accuracy and adherence to generally accepted accounting principles.

  
  

• Complete other ad-hoc and standard reporting processes as necessary.

  
  

  Required Knowledge and Experience:

• Chartered Accountant with 10 to 12 years of experience in finance/accounting with reputed Multinationals

  
  

• Various kind of Audit- Statutory, Corporate, Internal audit

  
  

• Proficient in India Accounting Standards, Indian Taxation, and US GAAP

  
  

• Prepares monthly balance sheet, profit and loss and cash flow statements and consolidates financial statements, and other accounting schedules and reports.

  
  

• Experience with financial automation tools, emerging financial technologies, and financial/reporting systems (e.g., SAP, Hyperion, Essbase, Power BI, etc.)

  
  

• Strong communication and interpersonal skills and ability to work collaboratively with cross-functional teams within a fast-paced, matrix organization

  
  

• Strong customer focus and ability to understand and meet the needs of internal and external stakeholders

  
  

• Strong attention to detail and ability to analyze complex financial data and provide actionable insights

  
  

• Strong leadership skills with the ability to guide, train, and develop people

  
  

• Experience in managing financial projects and initiatives

  
  

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. 

Benefits & Compensation

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.
 

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).About Medtronic

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