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A Day in the LifeThe Principal Analyst on the Diabetes Operating Unit supports day-to-day accounting and financial reporting, including period-end close under US GAAP, audit coordination, and finance process and control improvements, while also supporting Day-1 readiness for the Record-to-Report workstream as part of the Diabetes division separation effort.This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.
Principal Analyst – Diabetes Operating Unit (Record-to-Report)
As a Principal Analyst, you will be a key contributor and part of a team supporting the day-to-day accounting operations and financial reporting of the Diabetes Operating Unit. This covers the period-end financial close for US GAAP and management reporting, statutory financial reporting, process and control improvements, internal and external audit support, technical accounting research, and the readiness of the Record‑to‑Report workstream for Day-1 operations.
Responsibilities may include the following, and other duties may be assigned:
Deliver timely period-end closing for month end, quarter end, and year end, working closely with Financial Shared Services and support functions.
Deliver financial close and reporting in compliance with US GAAP and local statutory financial standards.
Compile and analyze financial information to record transactions, prepare reports, and verify accuracy.
Prepare journal entries and balance sheet account reconciliations; strengthen balance sheet controls.
Work with external auditors and tax consultants to support on-time statutory audits, corporate tax, and indirect tax filings.
Support internal control requirements, including SOX compliance.
Support legal-entity fiduciary responsibilities as needed.
Provide technical accounting support for M&A transactions impacting the Diabetes Operating Unit.
Oversee technical accounting research for complex business transactions and new accounting standard implementations.
Support continuous improvement initiatives and ad-hoc finance and reporting projects.
Support duties related to the diabetes division separation effort for Day-1 readiness of the Record-to-Report workstream.
Must Have: Minimum Requirements
To be considered for this role, please ensure the minimum requirements are evident in your applicant profile.
Bachelor’s Degree and 7+ years experience as financial analyst, accounting, business analyst or other relevant field.
OR
Advanced Degree and 5+ years experience as financial analyst, accounting, business analyst or other relevant field.
Nice to Have
- 10+ years of progressive experience in external financial reporting within a public company and/or Big 4 environment
- Strong understanding of U.S. GAAP, SEC reporting requirements, and disclosure controls
- Hands-on experience preparing or reviewing Form 10-K, 10-Q, 8-K, and earnings release materials
- Exposure to technical accounting research and coordination with audit and legal functions
- Proven ability to interpret complex accounting topics and translate them into clear, concise disclosures
- Strong command of financial consolidation and reporting platforms (e.g., OneStream and Workiva)
- Experience working in a newly public or transformation-driven environment
- CPA or MBA preferred
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.
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. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
Benefits & CompensationMedtronic 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.
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance, Health Savings Account, Healthcare Flexible Spending Account, Life insurance, Long-term disability leave, Dependent daycare spending account, Tuition assistance/reimbursement, and Simple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match, Short-term disability, Paid time off, Paid holidays, Employee Stock Purchase Plan, Employee Assistance Program, Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
About MedtronicWe 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.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Top Skills
What We Do
Medtronic is a global healthcare solutions company operating in approximately 160 countries. We are committed to improving lives through our medical technologies, services, and solutions.
Since our beginning, 60 years ago, our Mission has remained the same: to alleviate pain, restore health, and extend life for people around the world. The Mission is our ethical framework and inspirational goal guiding our day-to-day work. It reminds us that our efforts are transforming millions of lives each year.
To meet the needs of patients and healthcare professionals around the globe, we operate from more than 370 locations in approximately 160 countries.
