Principal Accountant (Internal Control)

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 LifeThe Principal Accountant, APAC Controllership, is responsible for ensuring accurate, compliant, and timely financial, management, and external reporting across the Asia Pacific region. The role maintains a strong internal control and SOX compliance environment, leads statutory audit coordination, and provides expert guidance on finance policies, accounting treatments, and tax‑related matters.
This position supports regional business needs by delivering sound accounting advice, driving process excellence, and partnering with global and cross‑functional stakeholders. The role also leads balance sheet governance, oversees high‑risk financial indicators, and contributes to continuous improvement initiatives leveraging shared services, automation, and best‑practice frameworks.
Serving as a key finance steward and accounting subject‑matter expert, the Principal Accountant strengthens financial integrity, supports strategic initiatives, and helps build a culture of compliance, operational efficiency, and inclusive leadership across the APAC region.

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

The position offers the successful candidate continuous training and long‑term career development opportunities with a leading global medical device and technology company. Medtronic Asia Pacific is one of the fastest‑growing regions within the organization. This role provides unique professional experience and significant exposure to:

• Medtronic’s regional and global controllership, as well as other global finance functions; and

• a broad range of internal and external stakeholders across Medtronic.

Operator

• Support the timely completion of financial closing activities and monitor balance sheet certifications and management representation signoffs.

• Review post‑closing journal entries and provide expert consultation.

• Track transfer pricing and corporate tax periodic provisions.

• Review and deliver management reporting to Global Controllership.

• Review external reporting deliverables, liaising with shared services, to ensure compliance with Medtronic internal requirements, SEC regulations, and US GAAP accounting guidelines.

• Lead balance sheet reviews, deep dive account reviews and related transactions, and advise appropriate actions.

• Review and provide guidance on Medtronic finance policy exceptions, and coordinate with Global Controllership on the approval process.

Steward

• Serve as the finance trainer for company finance policies and internal controls.

• Oversee the SOX control framework and ensure timely completion of all related deliverables.

• Support and coordinate internal audit and internal control requirements.

• Review internal audit findings and support the implementation of corrective and preventive actions in a consultative capacity.

• Monitor high‑risk financial data indicators and recommend appropriate actions.

• Monitor financial risks and opportunities and deliver timely reports to management.

Catalyst / Strategist

• Support APAC country initiatives by providing sound accounting advice to achieve business results the right way, including the review of accounting memos.

• Contribute to global finance and accounting initiatives, including the implementation of new accounting standards.

• Drive continuous process improvements and establish best practices across accounting value streams, leveraging shared services, BPO support, and Lean Six Sigma or automation/AI solutions.

• Participate in cross‑functional initiatives focused on enhancing the control environment, collaborating with other finance functions (such as Business Finance, FP&A, Tax, Treasury, Credit) and support functions (including Pricing, Indirect Sourcing, Legal, Compliance, Channel, and Regulatory).

• Serve as a role model by actively supporting and promoting inclusion, diversity, equity, and ethics initiatives.

Required Knowledge, Experience and Educational Level

• University degree in accounting, finance, or a relevant discipline, and/or an accounting qualification (e.g., CPA, ACCA, CIMA, CFA, etc.)

• Progressive track record with 15+ years of experience working with MNCs, preferably with 5+ years overseeing APAC countries

• Extensive knowledge of financial and management accounting; exposure to US GAAP and/or IFRS is important

• Experience working with shared services/BPO to drive end‑to‑end value‑stream process improvements

• Effective interpersonal, influential, collaboration, and presentation skills

• Strong data analytical and reporting skills

• Proven people and team development and leadership skills

• Experience in delivering finance training or mentoring team members

• Demonstrated commitment to inclusion, diversity, equity, and ethical leadership

• Strong technical experience, preferably in SAP FI modules, with deep process knowledge across various finance and accounting value streams (R2R, P2P, EE, OTC, Fixed Assets, Inventory/intercompany)

• Knowledge of APAC countries’ direct and indirect tax, transfer pricing compliance, statutory auditors, and regulatory agencies

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 95,000+ 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