Manager - Accounts

Medtronic Engineering and Innovation Center (MEIC), based in Hyderabad, is a subsidiary of Medtronic PLC, one of the leading medical technology companies operationally headquartered in the United States. MEIC is engaged in conducting R&D activities in field of medical device technology and is in the process of expanding its R&D operations in the State of Telangana. The strategic goal of MEIC is to develop a State-of-the-Art R&D Center for medical device software and engineering solutions for the entire Medtronic group while operating out of Hyderabad.

This position will enable growth of MEIC by taking accountability for the statutory financials, while ensuring a robust internal control mechanism and compliance to applicable statutory requirements.

A Day in the Life

• End to End ownership of controllership responsibilities, that will include:
• India GAAP accounting
• Reporting
• External & Internal Audits
• Statutory and Tax compliances.
• SEZ Compliances
• Treasury
• Internal Controls
• Reporting key controllership related metrics
• Identify process improvements and simplification opportunities. Drive the execution of those projects and work with others to ensure completion.
• Accountability of technical accounting research for complex business transactions and implementation of new accounting standards
• Responsible to manage external relationships with:
• Bankers
• Statutory Auditors
• Tax Consultants

The role requires expertise in managing through impact and influence; requires comfort in operating in a matrix organization with several stakeholders.

The role is of a people manager, with the demonstrated ability of completing critical deliverables independently, if the need arises.

Close collaboration with HR, legal, tax and trade, real estate and facilities, procurement, finance shared services and other functions

KEY BEHAVIORAL ATTRIBUTES REQUIRED

• Ability to articulate his/her thoughts coherently.
• Strong analytical skills & logical skills
• Ability to manage several projects or tasks and conclude timely
• Open mind with ability and willingness to learn
• Must be a Team player, must have cross cultural sensitivity and be able to work in a diverse team. The ideal candidate must also possess strong cross functional collaboration capabilities.
• Ability to work with Sr. Leadership team on the financial decisions
• People management, which includes accountability for mentoring, developing and coaching staff on meeting/exceeding performance expectations and defined objectives.

Must Have: Minimum Requirements

• CA with 10-12 years of finance and accounting experience with progressive responsibility, especially with exposure to international operations and R&D preferably
• Strong Direct Tax, Transfer Pricing & SEZ experience, specifically in GCC/GBS space.
• Business Partnership experience
• Strong, professional communication and writing skills
• Excellent knowledge of Excel & PowerPoint
• It is preferable that the person has experience in multinational financial operations with good understanding of IGAAP, US GAAP.
• Experience working in MNC environment with multiple stakeholders and matrix structure
• Experience on an ERP system such as SAP / Oracle etc. including General Ledger, automated entries, and reporting

Nice to Have

• Work experience in Health care / Medical Devices
• Budgeting and forecasting of business P&L

KEY TRAITS FOR THE ROLE

TRAITS

STRONG INDICATORS

Execute

• Be a strong Individual contributor
• Consistently delivers results on time and exceeds expectations;
• Continually monitors progress and makes adjustment.
• Seeks continuous improvement.
• Takes accountability to produce agreed upon results.

Driven to WIN

• Consistently achieves high outcomes under varied circumstances.
• Doesn’t allow degree of difficulty to stand in the way – finishes what he/she started.
• Demonstrates high capacity for work.
• Taking on significant challenging responsibilities.
• Pursues work with passion and drive.
• People leadership and processes

External Focus

• Operates with customer interests clearly in mind.
• Manages all types of stakeholder effectively
• Interacts regularly with customers and seeks inputs.
• Well informed regarding pricing regulations & guidelines.
• Initiates or champions changes from the outside in.

Clear Thinking

• Problem solver: Resolves issues with external & internal customers amicably.
• Making sound decision in absence of full data.
• Communicates complex matters to Internal (Medtronic people) and other external stakeholders with appropriate clarity and simplicity .

Inspires Others

• Lead and guide employees/ contract staff on the overall Controllership process
• Connects, engages, and motivates others to action
• Energizes others and instills confidence during challenging times
• Seeks and values different perspectives and ideas to foster an inclusive work environment.