Accounting Director at Medtronic (Minneapolis, MN)

| Minneapolis–Saint Paul, MN
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Careers that Change Lives

If you are looking to expand business partnering skills, utilize your influencing and negotiation capabilities, and lead high-visibility projects, come join our Americas Controllership team!

This position will report directly to the Chief Financial Officer of a Joint Venture company between Medtronic and Davita. This position will provide leadership and expertise in the accounting and finance activities associated with complex matters, including revenue recognition, revenue-related accruals, and technical accounting. Building relationships at all levels of the organization and having 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.

A Day in the Life
  • Applies principles of accounting to analyze financial information and prepares internal and external financial reports.
  • Maintains or oversees the control of accounts and records in such areas as disbursements, expenses, tax payments and income.
  • Compiles and analyzes financial information to record transactions, prepare reports, and review and verify accuracy.
  • Prepares balance sheet, profit and loss and cash flow statements, prepares and consolidates financial statements, and other accounting schedules and reports.
  • Designs, modifies, installs, and/or maintains accounting systems to ensure an adequate recognition of financial transactions.
  • Responsible for the adherence to and communication of accounting and auditing policies and procedures and internal controls.
  • Responsible for month end close.
  • Responsible for technical support and accounting of M&A activities.
  • May oversee technical accounting research for complex business transactions and implementation of new accounting standards.
  • Coordinate activities of external auditors.
  • Manage the controllership team including employee recruitment, salary merit, performance evaluation, employee goal setting & career development. Lead, coach and develop team to deliver on departmental and organization goals.
  • Participate in special projects, including large and complex assignments such as transitional service/manufacturing agreements, business integrations, and system implementations.
  • Build and Manage functions including Payroll, Accounts Payable, Expense Report processing, Travel and Record to Report activities ensuring accuracy, appropriate controls.
  • Assess opportunity identify opportunities for optimization and transformation to enhance efficiency and effectiveness of controllership processes.
  • Liaison and collaborate with business and functional department leaders such as supply chain, contracts & pricing, IT, customer service, human resources, legal & regulatory affairs.
  • Collaborate with business FP&A team on accurate revenue recognition practices and other accounting matters.
  • Oversee compliance of government reporting requirements including all tax requirements such as, sales tax & income tax compliance.

  • Bachelors degree required
  • Minimum of 10 years of relevant experience with 7+ years of managerial experience, or advanced degree with a minimum of 8 years of relevant experience with 7+ years of managerial experience
  • Recognized accounting designation such as Certified Public Accountant or equivalent
  • Demonstrated experience leading a team/department.
  • Strong communication skills, both written and verbal
  • Strong attention to detail
  • Strong analytical and problem-solving skills with the ability to manage several projects simultaneously
  • Ability to operate within a fast-paced, matrix organization and various levels of management
  • Ability to manage and manipulate data to develop financial analysis
  • High integrity and self-confidence
  • Experience with business partnering
  • Eagerness to learn and expand responsibilities
  • Demonstrated ability to work effectively in a team environment
  • Strong organization and prioritization skills
  • High degree of initiative and self-motivation
  • Strong example of ethics and compliance
  • Excellent problem solving and strong leadership / influencing skills
  • Self-starter with the insight and vision to propose changes even in the face of strong opposition
  • High level of strategic and innovative thinking
  • Working knowledge of SAP and highly proficient in Excel

PHYSICAL JOB REQUIREMENTS - The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers.
More Information on Medtronic
Medtronic operates in the Healthtech industry. The company is located in Minneapolis, MN, Franklin, TN and Portsmouth, NH. Medtronic was founded in 2022. It has 80303 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 355 open jobs at Medtronic, click here.
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