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 in our Employee Benefits Accounting Team, you will play a key role in managing and optimizing employee benefit accounting operations for Diabetes International. You’ll ensure accuracy, compliance, and timely reporting across multiple geographies while supporting process improvement initiatives and collaborating with HR and finance teams.
Based in Pune, India, this role requires close collaboration with BPO partner Accenture, corporate and local Finance teams, the Accounts Payable team, 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.
Lead employee benefit accounting operations for Diabetes International, ensuring accuracy and compliance with US GAAP and local statutory requirements.
Manage employee benefit-related journal entries, account reconciliations, and financial reporting, maintaining high standards of data integrity.
Collaborate closely with HR and finance teams to ensure payroll data integrity and timely processing of employee benefits.
Support the implementation and optimization of employee benefit accounting processes within SAP S/4HANA, particularly in preparation for TSA (Transition Service Agreement) exit with Medtronic.
Ensure compliance with internal policies and regulatory requirements across multiple geographies.
Drive continuous improvement initiatives to enhance efficiency, control, and accuracy in payroll accounting processes.
Assist in audits and provide required documentation for internal and external auditors.
Monitor and analyze employee benefit accounting metrics, identifying and resolving discrepancies as needed.
Participate in cross-functional projects related to payroll and benefits accounting.
Required Knowledge and Experience:
Bachelor’s degree in accounting, Finance, or related field; CPA or equivalent certification preferred.
Minimum 5-8 years of progressive experience in accounting, with a focus on employee benefits or payroll accounting.
Strong knowledge of US GAAP and local statutory requirements.
Experience with SAP S/4HANA or similar ERP systems; TSA exit experience is a plus.
Excellent analytical, organizational, and communication skills.
Proven ability to work collaboratively in a cross-functional and multicultural environment.
High attention to detail and commitment to accuracy.
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
