Chief Accounting Officer

We anticipate the application window for this opening will close on - 23 Jun 2025

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

Diabetes Operating Unit & Our Purpose

 
The Diabetes Operating Unit focuses on improving the lives of those within the global diabetes community. As a business, we strive to empower people with diabetes to live life on their terms by delivering innovation that truly matters and providing support in the ways they need it. We’re committed to meeting people with diabetes where they are in their journey, always with an aim to make their lives easier. We are a nearly $3 billion, USA-based medical technology business. Our portfolio of innovative solutions is designed to provide customers with greater freedom and better health, helping them achieve better glucose control, while spending less time managing their disease.

For more information, visit us at www.medtronic.com and www.medtronicdiabetes.com .

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.

This global, leadership position will be based in Northridge, CA, part of the Los Angeles metropolitan area. 

The Opportunity

We are a high-growth company at the intersection of MedTech innovation and advanced manufacturing, preparing to complete a strategic IPO split that will position our standalone business for long-term success in the public markets. With global operations spanning R&D, manufacturing, and commercial distribution across North America, Europe, and Asia, our mission is to deliver cutting-edge healthcare solutions with unmatched operational excellence.

We are seeking an experienced Chief Accounting Officer (CAO) to architect and lead the financial foundation of our soon-to-be-public entity. Reporting directly to the Chief Financial Officer (CFO), you will lead the establishment of independent accounting operations, public company financial reporting processes, and global compliance structures necessary for the success of the new organization.

As a key member of the executive leadership team, you will serve as the top accounting executive, ensuring transparency, integrity, and regulatory compliance while building a world-class accounting organization. The ideal candidate will bring deep technical expertise in U.S. GAAP, SEC reporting, and SOX compliance, along with operational experience across international manufacturing and supply chains. This is a rare opportunity to play a foundational role in a high-impact business poised for transformative growth.

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

IPO & Public Company Readiness

•    Lead all accounting and reporting aspects of the IPO and corporate separation process.
•    Own technical accounting decisions, IPO disclosures, and coordination with auditors, legal, and external advisors.
•    Ensure financial statements, internal controls, and infrastructure meet public company standards from Day 1.
•    Partner with the CFO on S-1 preparation, investor communications, earnings releases, and quarterly reporting.

Corporate Accounting & Financial Reporting

•    Oversee global accounting operations, including monthly/quarterly close, consolidation, and external reporting.
•    Lead preparation and filing of all SEC documents (10-K, 10-Q, 8-K, etc.), ensuring timeliness and compliance.
•    Establish robust accounting policies aligned with U.S. GAAP and evolving regulatory requirements.
•    Manage financial systems strategy (ERP, chart of accounts) to drive scalability and automation.

Internal Controls, Audit & Compliance

•    Build and maintain a SOX-compliant control environment across the enterprise.
•    Lead relationships with internal and external auditors; manage all audit processes and timelines.
•    Design and enforce policies across accounting, treasury, procurement, and tax.
•    Oversee enterprise risk management in collaboration with legal and compliance teams.

Global Operations & Strategic Finance

•    Manage accounting operations across international subsidiaries, plants, and distribution hubs.
•    Lead global consolidations, foreign currency accounting, and intercompany transactions.
•    Implement effective transfer pricing policies and support tax strategy and compliance.
•    Act as a strategic finance partner to R&D, supply chain, and commercial leaders.

Leadership & Team Development

•    Build and lead a high-performing global accounting organization, including corporate and regional controllership.
•    Recruit, develop, and retain top accounting talent across disciplines and geographies.
•    Foster a culture of continuous improvement, accountability, and operational excellence.

Must Have: Minimum Requirements 

•    Bachelor’s degree in Accounting, Finance, or a related field.
•    CPA or equivalent certification.
•    15+ years of progressive accounting and financial leadership experience (or 13+ with an advanced degree), including 13+ years of managerial experience.

Nice to Have: Preferred Requirements 

•    Demonstrated success in IPO, SPAC, or spin-off execution.
•    Deep knowledge of U.S. GAAP, SEC reporting, and SOX 404 compliance.
•    Experience in MedTech, life sciences, or complex manufacturing environments.
•    Strong command of global accounting topics including foreign currency, transfer pricing, and international consolidation.
•    Expertise in ERP systems (e.g., SAP, Oracle) and financial reporting tools.
•    Proven ability to build scalable financial infrastructure in high-growth settings.
•    Excellent communication skills, with experience engaging boards and audit committees.
•    A strategic mindset with the ability to lead through change and ambiguity.

Why Join Us?
•    Shape the financial future of a newly independent public company.
•    Be part of a purpose-driven organization delivering breakthrough healthcare innovation.
•    Lead a sophisticated global finance operation with the platform to scale.
•    Collaborate with a visionary executive team focused on long-term success and operational excellence.
 

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. 

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.

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.
 

Salary ranges for U.S (excl. PR) locations (USD):$281,850.00 - $469,750.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

This position is eligible for an annual long-term incentive plan.The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).

The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance,Health Savings Account,Healthcare Flexible Spending Account,Life insurance, Long-term disability leave,Dependent daycare spending account,Tuition assistance/reimbursement, andSimple Steps (global well-being program).

The following benefits and additional compensation are available to all regular employees:Incentive plans, 401(k) plan plus employer contribution and match,Short-term disability,Paid time off,Paid holidays,Employee Stock Purchase Plan,Employee Assistance Program,Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), andCapital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).

Regular employees are those who are not temporary, such as interns.  Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.

Further details are available at the link below:

Medtronic benefits and compensation plans

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.

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.