Job Information
Medtronic Accounting Manager in Singapore, Singapore
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: 4Key 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.
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
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