Senior Accountant (Fixed assets and Intercompany)

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

Our Global Diabetes Capability Center in Pune is expanding to serve more people living with diabetes globally. Our state-of-the-art facility is dedicated to transforming diabetes management through innovative solutions and Technologies that reduce the burden of living with diabetes.

As a Senior Accountant specializing in Intercompany and Fixed Assets within our Shared Service Center, you will play a vital role in managing and reconciling intercompany transactions, as well as overseeing the fixed assets accounting process. Leveraging SAP, you will ensure the integrity, accuracy, and compliance of financial data, support month-end close activities, and contribute to process improvements. You will act as a key partner for internal stakeholders across business units and regions.

Based in Pune, India, this role requires close collaboration with BPO partner Accenture, corporate and local Finance teams, internal and external auditors, as well as the IT Support team.

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.

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

• Manage end-to-end intercompany accounting processes, including transaction processing, reconciliations, confirmations, and settlement of intercompany balances in SAP. 
• Oversee fixed assets accounting, including asset capitalization, transfers, disposals, depreciation runs, and asset master data maintenance. 
• Ensure timely and accurate month-end, quarter-end, and year-end closing activities for intercompany and fixed assets, including preparation of journal entries and reconciliations. 
• Analyze and resolve discrepancies in intercompany transactions and fixed asset records, working closely with business units and other finance teams. 
• Prepare and review intercompany and fixed asset reports, providing variance analysis and insights to management. 
• Support internal and external audits by providing required documentation and explanations related to intercompany and fixed assets. 
• Ensure compliance with internal controls, company policies, and relevant accounting standards (e.g., US GAAP/IFRS). 
• Identify opportunities for process improvements and automation within the intercompany and fixed assets functions. 
• Maintain and update process documentation and standard operating procedures. 

Required Knowledge And Experience:

• Bachelor’s degree in accounting, Finance, or a related field. 
• Minimum 5+ years’ experience in intercompany accounting, fixed assets, or general accounting, preferably within a shared service center environment. 
• Strong working knowledge of SAP (FI module required; experience with Asset Accounting (AA) and Intercompany modules is a plus). 
• Solid understanding of accounting principles (US GAAP/IFRS) and internal controls. 
• Excellent analytical, problem-solving, and communication skills. 
• High attention to detail and ability to manage multiple priorities and deadlines. 
• Proficiency in Microsoft Office, especially Excel. 

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