At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.

A Day in the Life

Our Global Diabetes Capability Center in Pune is expanding to serve more people living with diabetes globally. Our state-of-the-art facility is dedicated to transforming diabetes management through innovative solutions and Technologies that reduce the burden of living with diabetes.

As a Senior Accountant in the Procure to Pay (P2P) team within our Shared Service Center, you will ensure the accuracy and efficiency of end-to-end accounts payable processes. Working with SAP and in close partnership with a Business Process Outsourcing (BPO) provider, you will oversee invoice processing, vendor management, reconciliations, compliance, and process improvements. You will act as a key point of contact for internal stakeholders, vendors, and the BPO team. Based in Pune, India, this role requires close collaboration with BPO partner Accenture, corporate and local Finance teams, the Accounts Payable team, internal and external auditors, as well as the IT Support team.

This position is an exciting opportunity to work with Medtronic's Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

Responsibilities may include the following and other duties may be assigned.

• Oversee and execute end-to-end P2P activities, including invoice verification, posting, payment runs, and vendor account reconciliations in SAP.

• Coordinate and collaborate with the BPO team to ensure timely and accurate processing of invoices and resolution of exceptions.

• Review and resolve complex invoice exceptions, discrepancies, and blocked invoices escalated by the BPO partner.

• Ensure compliance with internal controls, company policies, and local statutory requirements.

• Support monthly, quarterly, and annual closing processes by preparing accruals, reconciliations, and reports related to accounts payable.

• Liaise with procurement, business units, vendors, and the BPO team to resolve queries and ensure smooth transaction flow.

• Monitor KPIs and SLAs for both in-house and BPO teams, identify process gaps, and drive continuous improvement initiatives within the P2P function.

• Assist with internal and external audits, providing necessary documentation and explanations.

• Mentor and provide guidance to junior team members within the P2P team.

• Maintain and update process documentation and standard operating procedures, including those related to BPO activities.

Required Knowledge and Experience:

• Bachelor’s degree in accounting, Finance, or a related field.

• Minimum 5-8 years’ experience in accounts payable or procure to pay, preferably in a shared service center environment.

• Strong working knowledge of SAP

• Solid understanding of accounting principles and P2P processes.

• Excellent analytical, problem-solving, and communication skills.

• High attention to detail and ability to manage multiple priorities.

• Proficiency in Microsoft Office, especially Excel.

• Problem-solving and escalation handling.

• English proficiency, Spanish and/or Portuguese is a plus.

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 

 

 

This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

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 95,000+ passionate people. 
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.

Learn more about our business, mission, and our commitment to diversity here