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Medtronic Principal Financial Analyst - Controllers Group in Mansfield, Massachusetts

Principal Financial Analyst - Controllers Group


Mansfield, Massachusetts, United States

Requisition #:


Post Date:

Jul 06, 2021

Careers that Change Lives

Preference is for position to be based onsite in Mansfield, MA or New Haven, CT but will consider US remote.

This position will report to the Medical Surgical (Med Surg) Assistant Controller and be an integral member of the Med Surg Controllers team. This position will support the monthly financial close and will also provide leadership and expertise for accounting and reporting matters, including, but not limited to: revenue recognition, customer rebate and chargeback programs, field actions, warranties, acquisitions, and internal controls, and adherence to Medtronic policies. This position will also support, advise, and influence business partners by building relationships at all levels within the finance organization.

A Day in the Life

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

Lead various special projects which will include a variety of initiatives to ensure consistency and efficiency of activities within the Med Surg organization, while maintaining a high-quality account and control environment and ensuring compliance with all financial reporting accounting policies. Special projects can include acquisitions, divestitures, new policy roll-outs, revenue recognition for new customer offerings.

Participate in the monthly and quarterly financial statement close process, provide general ledger support, compilation of monthly/quarterly reports, account for certain complex accounting matters, including analysis, journal entries and reconciliation of assigned balance sheet accounts. This will require close partnership with the businesses in support of Annual Operating Plan, forecasts and monthly accounting requirements as well as tax and legal.

Perform analytical balance sheet and PL analysis on a monthly basis. This includes analyzing and preparing rollforward for select balance sheet accounts, such as bad debts reserve and reserve for rebates.

Represent the Med Surg Controllers team in working teams, such as the review of IC out of balance.

Assist in preparing quarterly disclosures for Medtronics Form 10-Q, Form 10-K, and Irish Reporting.

Support various management reviews by preparing schedules for the monthly Accounting Update deck and the quarterly corporte close deck.

Understand and apply technical accounting guidance to develop and implement appropriate accounting positions that can be clearly articulated to business partners and management.

Business partner with assigned functions, provide analytical and financial insight.

Support the Med Surg Finance Organization in technical system related questions (SAP, Spend, Hyperion CXF)

Must Have: Minimum Requirements

Bachelors Degree with 7+ years of work experience in Finance and/or Accounting (Or Advanced Degree with 5+ years)

Nice to Have

BA/BS Degree in Accounting

Sound understanding of generally accepted accounting principles (GAAP)

Strong analytical and problem solving skills

Exceptional performer with high degree of initiative and self-motivation

Demonstrated ability to manage to tight deadlines, along with flexibility to changing priorities

Strong oral and written communication skills

Proficiency with Microsoft Office Applications (Excel PowerPoint) and with financial applications (SAP, Hyperion)

CPA, MBA in Finance or a Masters degree

Experience working in Audit function (external or internal)

Ability to multi-task and manage several projects simultaneously while appropriately prioritizing

Demonstration of excellent judgment and decision making, including the ability to interact with and influence all levels of leadership and executive management.

About Medtronic

Together, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.

We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Lets work together to address universal healthcare needs and improve patients lives. Help us shape the future.

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. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role. (ADA-United States of America)

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.