Principal Accountant, Cardiology

Posted Yesterday
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Arden Hills, MN, USA
In-Office
102K-194K Annually
Senior level
Healthtech
The Role
The Principal Accountant performs general accounting, monthly close, revenue recognition, financial reporting, account reconciliations, and technical accounting research. The role maintains GAAP policies, identifies and mitigates business risks, supports internal controls and SOX compliance, assists audits, drives process improvements, and prepares balance sheet reporting. The accountant also leads special projects and collaborates with cross-functional business partners across multiple legal entities.
Summary Generated by Built In

Additional Location(s): US-MN-Maple Grove; US-MN-Arden Hills

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.       

About the role:

Boston Scientific’s Cardiology Finance and Accounting Group is looking for a Principal Accountant to join our team. As a Principal Accountant, you will perform a variety of duties in general accounting including analyzing accounts, preparing reports, and performing the monthly financial close activities. As someone who knows the intricacies of revenue recognition, you will specialize as one of our divisional experts in complex revenue transactions. You will monitor and control critical business risk areas while continually identifying ways to improve and streamline processes.


Your responsibilities will include:

  • Providing technical accounting support for revenue recognition; participating in research, implementation, and monitoring activities
  • Compiling and analyzing financial information through preparation of reports, general ledger entries, and account reconciliations
  • Establishing and communicating accounting policies by maintaining a thorough understanding of GAAP and new accounting guidance as appropriate
  • Proactively identifying business risks and providing recommendations to mitigate
  • Taking an active interest in seeking opportunities for continuous improvement, standardizing processes across multiple legal entities
  • Leveraging systems and capabilities to find new efficiencies
  • Working to deliver upon key performance metrics and service levels agreed with business partners
  • Preparing balance sheet reporting package and providing meaningful commentary
  • Maintaining internal control environment and assisting with regular SOX documentation and testing requirements
  • Supporting internal and external audits
  • Leading special projects as needed

Required Qualifications:

  • Bachelor’s degree in Accounting, finance or a related discipline 
  • 5+ years of progressive experience with a public accounting firm, or combined experience with a large, complex multi-national company
  • Technical Accounting experience 

Preferred Qualifications:

  • Strong integrity
  • Proactive, self-starter, detail oriented, and a team player
  • Eagerness to work with cross-functional teams
  • Ability to manage concurrent projects in a fast-paced environment.
  • Active CPA license
  • ASC 606 experience
  • Proficiency in Microsoft office applications; SAP and Hyperion experience 

Requisition ID: 634477

Minimum Salary: $102100 

Maximum Salary: $194000 


The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com—will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.


Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).


Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).


For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.


Boston Scientific transforms lives through innovative medical technologies that improve the health of patients around the world. As a global medical technology leader for more than 45 years, we advance science for life by providing a broad range of high-performance solutions that address unmet patient needs and reduce the cost of healthcare. Our portfolio of devices and therapies helps physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological and urological diseases and conditions. Learn more at www.bostonscientific.com and follow us on LinkedIn.


Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.


Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.

Skills Required

  • Bachelor’s degree in Accounting, Finance, or a related discipline
  • 5+ years of progressive experience with a public accounting firm or a large, complex multinational company
  • Technical accounting experience
  • Strong integrity
  • Proactive, self-starting, detail-oriented, and team-oriented approach
  • Ability to work effectively with cross-functional teams
  • Ability to manage concurrent projects in a fast-paced environment
  • Active CPA license
  • ASC 606 experience
  • Proficiency with Microsoft Office applications
  • SAP and Hyperion experience

Boston Scientific Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Boston Scientific and has not been reviewed or approved by Boston Scientific.

  • Healthcare Strength Healthcare coverage is positioned as comprehensive, spanning medical, dental, vision, life, and disability insurance alongside mental health resources. Family planning support and broader care navigation offerings further strengthen the health-related value of the package.
  • Retirement Support Retirement benefits stand out through a 401(k) match described as best-in-class and supported by profit sharing and an employee stock purchase plan. High participation in retirement programs is also highlighted as part of the overall financial benefits footprint.
  • Leave & Time Off Breadth Time off is described as generous, with reports of 20+ vacation days and up to four weeks in some roles, plus paid holidays and sick leave. Longer-term options such as extended unpaid family leave and a personal enrichment sabbatical expand flexibility beyond standard PTO.

Boston Scientific Insights

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The Company
HQ: Marlborough, MA
52,374 Employees
Year Founded: 1979

What We Do

Boston Scientific transforms lives through innovative medical technologies that improve the health of patients around the world. As a global medical technology leader for more than 40 years, we advance science for life by providing a broad range of high-performance solutions that address unmet patient needs and reduce the cost of health care. Our portfolio of devices and therapies helps physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological and urological diseases and conditions. For more information, visit www.bostonscientific.com and connect with us on X, Instagram, and Facebook. At Boston Scientific, you will find purpose, a place to grow and opportunities to cultivate your passions. To search and apply for open positions, visit https://bostonscientific.eightfold.ai/careers. You may also review our social media guidelines at http://www.bostonscientific.com/social.

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