Senior Accounting Director - CV & NS Controllership

Medtronic•Fridley, MN

4d•Onsite

About The Position

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 Life Lead all responsibilities for Cardiovascular and Neuroscience Controllership functions. In this role, the individual will partner closely with OU and Enterprise Accounts Finance, Tax, Business Development, Legal, and SSC teams to support key operational and strategic priorities. They will provide ad hoc technical accounting guidance across areas such as revenue recognition and R&D accounting while managing and governing the QED process, including oversight of extended payment terms. The role includes preparing financial close analyses for quarterly meetings and contributing to strategic transactions involving minority investments, intangible assets, IPR&D, and earnouts. Additionally, the individual will oversee complex accounting matters such as royalties, capital equipment, earnouts, construction in progress (CIP), warranties, and FCAs. At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary. Responsibilities may include the following and other duties may be assigned. 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. May be responsible for month end close. May be 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.

Requirements

Education: Bachelor’s degree.
Experience: 15+ years of progressive experience in accounting or finance (or 13+ years with an advanced degree), with at least 5 years in a controllership role plus 10+ years of managerial experience.

Nice To Haves

Certification: Active CPA license.
Bachelor's degree in Accounting, Finance, or a related field.
Master’s degree or MBA
Experience in a Big Four public accounting firm is highly desirable.
Technical Skills: Deep expertise in US GAAP, SEC reporting requirements, and technical accounting research.
Communication: Exceptional written and verbal communication skills, with the ability to clearly explain complex accounting issues to non-technical audiences and executive stakeholders.
Leadership: Demonstrated ability to lead teams, manage multiple priorities, and influence cross-functional partners.
Project Management: Strong organizational skills with a track record of successfully managing multiple complex projects under tight deadlines.
Ethics: High level of integrity, confidentiality, and professionalism.
Background in a public company environment, preferably within a highly regulated or fast-paced industry (e.g., technology, life sciences, financial services).
Proven track record of process reengineering or finance transformation initiatives.
Advanced analytical and critical thinking skills.
Commitment to diversity, equity, and inclusion in the workplace.

Responsibilities

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.
May be responsible for month end close.
May be 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.

Benefits

Medtronic offers a competitive Salary and flexible Benefits Package
We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
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
Simple Steps (global well-being program)
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)
Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)