Accounting Manager
Careers that Change Lives
Together, we will change healthcare worldwide. Join us in our Mission to alleviate pain, restore health and extend life worldwide. Let’s work together to address the universal healthcare needs and improve patients’ lives, optimize costs and efficiencies, and expand global access. Together, we can make a real difference in the global disparity in care. By providing quality care at the lowest possible cost, we will succeed as a company, and take the future of healthcare Further, Together.
The Medtronic Finance Vision:
A best-in-class Finance team operating with a global mindset and serving as a valued business partner by providing innovative and impactful contributions to further the Medtronic Mission
The Controllership Vision:
Be the trusted business advisors by providing sound fiduciary judgement while maintaining a strong control environment
A Day in the Life
Accounting Manager
Reporting to the Cluster Controller, this role leads the Singapore country controllership teams in supporting 3 legal entities (incl. 2 APAC regional transfer pricing hubs). This role provides the individual significant exposure to Asia Region Led Market (RLM) finance, global/corporate finance, regional/country management and functional leadership teams. The role provides the successful candidate with unique professional experiences associated the diverse regional challenges in financial accounting/internal/credit control functions in Singapore, as well as opportunities from the Asia RLM regional controllership function and global finance optimization programs.
Direct reports: 4+
Key Responsibilities:
Responsible for financial reporting and financial controls, US GAAP and statutory reporting, internal & external audits, tax compliance for legal entities in Singapore. The role is expected to span across Operator, Steward, Catalyst and Strategist areas of responsibilities
- Operator: fulfill accounting operations and financial reporting deliverables balancing capabilities, talents, costs and service levels
- Deliver financial closing and reporting in compliance with US GAAP and local statutory financial standards
- Review & sign off balance sheet account reconciliations
- Attest balance sheet financials and controls
- Deliver statutory and regulatory reporting on time including statutory financial audits, corporate tax & indirect tax filings
- Work closely with Treasury and Tax functions to ensure oversight on local entity banking, funding, foreign exchange management
- Steward: own financial and internal controls and policy compliance
- Gatekeeper of company finance policy compliance
- Own SOX financial control framework and deliverables
- Implement balance sheet control framework and deliverables
- Oversee accounts receivable credit controls & collections functions
- Ensure timely internal/Sox audits and external audit closures
- Support legal entity fiduciary responsibilities including board of directors
- Work closely with ISM (indirect supply management) to ensure compliance with travel and expenses policy
- Catalyst: drive continuous improvement in financial & compliance metrics, value streams, and internal risk-control framework
- Working with Share Services team & process owners to improve end to end value stream efficiencies and controls
- Proactive risk assessment, controls and training regarding revenue recognition risk prevention, detection and mitigation
- P2P (Procure to pay) & EE (employee expenses): ensure PO compliance, expenses compliance, and improve accounts payable working capital to meet AP target
- Work closely with supply chain and BU finance team in assessing inventory risks and reducing other product costs (OPC)
- Close collaboration and linkage with other control functions eg Pricing, Supply Chain finance, Channel Management
- Strategist : support global & regional initiative to enable sustainable business growth and business strategy implementation
- Support global finance and accounting initiatives including new accounting standards implementation
- Participate, support, and lead initiatives as needed from the APAC Controllership Leadership forum
- Provide controllership advisory and data insights support to regional finance and other functional stakeholders
- Proactively involved in business planning, financial and strategic update to identify controllership, financial & tax risks
Must Have: Minimum Requirements
- Bachelor's degree required
- Minimum of 5 years of relevant experience, or advanced degree with a minimum of 3 years of relevant experience
Your Profile
- University degree in accounting or finance or relevant discipline
- Progressive track record with at least 8 years of controllership
- 10+ years working experience with MNCs, with 3 years+ in Singapore market
- Extensive knowledge about financial and management accounting. US GAAP and/or IFRS exposure will be important
- Familiarity with Singapore statutory financial and tax reporting requirements
- Substantial experience working closely with internal audit, and internal control team in SOX control framework implementation and improvement
- Effective interpersonal, influential, collaboration and presentation skills
- Strong data analytical and reporting skills
- Team leadership skills
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 90,000+ passionate people. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world.
In everything we do, we are engineering the extraordinary.
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.
