Finance Manager

Job Description

Careers that Change LivesThis position will enable growth by providing key business insights, operating metrics, financial metrics, management reporting to leadership team, Governance of legal entity, Ensure strong controls and strict adherence to finance policies and procedures. Ensure the timely and accurate preparation of financial statements. This person will have a dual reporting line to the Controller (Director) in finance and the Regional APAC Finance LeaderThis position is an exciting and new opportunity that is currently part of Medtronic and will move to a to-be-named company we are calling NewCo . NewCo will be an independent company with equal partners, Medtronic & DaVita. It will be established in calendar 2023 as a new company (NewCo) formed from Medtronic s Renal Care Solutions Operating Unit focused on providing innovative technologies to support kidney care patients. While you will start your employment with Medtronic, upon establishment of NewCo your employment will transfer to NewCo and you will no longer be employed by Medtronic.NewCo is uniquely poised to transform renal care and dialysis, building on Medtronic s innovation and technology pipeline. The business will have the singular focus, financial commitment, deep domain expertise, and global footprint needed to accelerate the development and commercialization of affordable and scalable life-saving renal care technologies particularly our transformative home dialysis platform technologies.A Day in the Life
• Provide analytical and business partnering support & insights to optimize performance, including financial statement analysis, KPIs, business performance commentary, and forecasting to various levels of management
• Responsible for building a strong governance & control framework, financial operations, working capital and cash flow management, and Capex management
• Responsible for all internal controls, support statutory audit and corporate audit in those areas
• Preparing monthly/quarterly/ yearly reports, preparation of the strategic plans and the annual operating plan
• Routinely communicate financial and operational performance trends, historical and forecast, using appropriate metrics. Suggest trends, resulting implications, key actions, and strategic implications.
• Lead scenario modeling efforts for the development and growth of the portfolio, participate as a key thought leader, influencing decision making and prioritization of initiatives
• Influence the accuracy and effectiveness of the corporate accounting consolidation and closing process and treasury operations through analytical review and trend analysis
• Develop and execute processes to allow for routine analytical reviews of company financial and operational performance, leveraging business unit analytical resources and tools
• Understanding of the local taxation laws (Companies Act, Income Tax Act etc) and ability to understand transfer pricing concepts and its implications
• Participate in the RCS leadership meeting and provide the technical and non-technical guidance for smooth operation
• Presentations in QBR s related to finance to the Sr leadership who operated from US
• Support R&D organization on CAPEX and other financial analysis for business decisions. Provide guidance and Influence the Sr. Leadership
• Participate in negotiation for large buying s and any strategic partnership engagements
• Drive QMS for supply chain function and provide guidance in external and internal audits.
KEY BEHAVIORAL ATTRIBUTES REQUIRED
• Strong analytical skills & logical skills
• Strong collaborator for R&D operations
• Sound Accounting and tax, Direct and Indirect Tax knowledge
• Ability to work independently and take initiative.
• Ability to manage several projects or tasks and conclude timely
• Strong influence management skills.
• Excellent knowledge of Ms Excel & Ms PowerPoint
• Experience on an ERP system including General Ledger, automated entries and reporting
• Good communication skills & interpersonal skills
• Ability to work with Sr. Leadership team on the financial decisions
Must Have: Minimum RequirementsExperience and Knowledge & Qualifications:
• 7-10 years of finance and accounting experience with progressive responsibility, especially with exposure to international operations and R&D preferably
• Commercial experience is preferred
• Strong, professional communication and writing skills
• SAP experience
• Prior experience with transfer pricing, direct & indirect taxation
• Supply Chain / Logistic over seeing experience and provide guidance
• Overseeing the admin / Facility function
KEY TRAITS FOR THE ROLETRAITSSTRONG INDICATORSExecute
• 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 stakeholders 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
• 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.
• Lead and guide business finance team on the overall FP&A process and calendar
Experience and Knowledge & Qualifications:
• Bachelor s degree in accounting, finance, or related fields
• 07-10 years of finance and accounting experience with progressive responsibility, especially with exposure to international operations and R&D preferably
• CA with experience in independently handle Statutory Audit and Tax related compliances.
• Commercial experience is preferred
• Strong, professional communication and writing skills
• SAP experience
• Prior experience with transfer pricing, direct & indirect taxation
• Supply Chain / Logistic over seeing experience and provide guidance
Nice to Have
• Master s degree in accounting, finance, or related fields. CPA, CMA, MBA or other professional certification in accounting and finance is preferred.
• Secretarial work Knowledge
• R&D work experience in Health care
PHYSICAL 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. 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.ABOUT MEDTRONICTogether, we can change healthcare worldwide. At Medtronic, we push the limits of what technology 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 can 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.Additional Information
• Posting Date: Dec 1, 2022
• Travel: No
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Keyskills :
financeaccountingbudgetingaccountsreportingincome tax actcash flow managementfinancial statement analysiscash flowincome tax