Principal Accountant

2 weeks ago

Minneapolis, United States Medtronic Full time

Careers that Change Lives

Team is working hybrid and position will be onsite in Fridley, MN, 3 days/week.

In this exciting role as an Principal Accountant within our Financial Systems team, you will own the global SAP financial close in partnership with the regional teams. The person will manage processes across multiple areas of finance and partner with internal automation and reporting teams to enhance our capabilities. They will build relationships with the SSC’s, IT, Global Process owners, and Consolidations, among others to move us forward in an ever-changing environment.

We believe that when people from different cultures, genders, and points of view come together, innovation is the result — and everyone wins. Medtronic walks the walk, creating an inclusive culture where you can thrive.

A Day in the Life

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

Lead the global SAP Month End Closing

Ensure closing is delivered accurately and on time. Utilizing Redwood to manage the tasks & closing. Partner with automation team to enhance processes. Lead month end closing issues (Gemba) meetings. Identify and support internal controls / SOX controls. Support GL interface process. Manage SAP FX revaluation & translation process including global reconciliation.

Partner with global RTR team

Support the efforts to shorten the financial SAP month end close. Closing communication to all levels of the organization. Partner with external reporting & consolidations on Policy 801, General Ledger accounts. Support banking systems and related processes (Autobank/ASM/Reval). Support semi-annual Autobank upgrade working with IT and OTC.

Provide support on miscellaneous activities:

Support and help coordinate the finance master data updates/changes (GL Accts, Profit Centers, Cost Centers, support WBS, Internal Orders, Activity types). Advise on the design and development of new financials systems process solutions. Support new SAP implementations, as needed. Assist the SSC team with supporting finance questions/requests (escalation). Monitor Service Now finance support tool and work with SSC teams to manage the process/report results. Build relationships with partners (IT, SSC's, Global Process owners, Consolidations, etc.).

Must Have: Minimum Requirements

Bachelor’s Degree with 7+ years of work experience in Finance and/or Accounting (OR Advanced Degree with 5+ years)

Nice to Have

Detailed knowledge of Accounting practices (GAAP). Understanding of complex processes across multiple systems and facilities. Experience with Excel (Pivot, Formula’s, Charts). Understanding of complex software and information technology solutions and the ability to apply to site/business needs. Experience with an ERP system (i.e. SAP preferred). Experience with month end closing in a large organization. Finance/Accounting Knowledge. Understanding of SAP modules that integrate with GL including Sales/AR, Purchasing/AP, and Autobank. Experience with reporting. Automation capabilities and knowledge of automation tools are considered a big plus.

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. Let’s 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)

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. Learn more about our benefits

here

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This position is eligible for a short-term incentive plan. Learn more about Medtronic Incentive Plan (MIP) on page 6

here

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The provided base salary range is used nationally (except in certain CA locations).The rate offered is compliant with federal/local regulations and may vary by experience,certification/education, market conditions, location, etc. #J-18808-Ljbffr

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