Accounting Manager

Medtronic

Singapore
Permanent
Full-time

12 days ago

Careers that Change LivesTogether, 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.A Day in the LifeAccounting ManagerReporting to the Cluster Controller, this role leads the Singapore country controllership teams in supporting the Singapore entities and Asia Pac HQ functions.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 MedtronicTogether, we can change healthcare worldwide. At Medtronic, we push the limits of what technology, therapies and services can do to help alleviate pain, restore health and extend life. We challenge ourselves and each other to make tomorrow better than yesterday. It is what makes this an exciting and rewarding place to be.We want to accelerate and advance our ability to create meaningful innovations - but we will only succeed with the right people on our team. Let’s work together to address universal healthcare needs and improve patients’ lives. Help us shape the future.Physical Job RequirementsThe 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.Additional Information

Posting Date: Apr 15, 2024
Travel: No

Medtronic

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