At MiniMed, you can begin a lifelong career of exploration and innovation, while helping make a difference in the lives of people living with diabetes around the globe. You'll lead with purpose, breaking down barriers to innovation for a more connected, compassionate world.

About The Role

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.

This position is an exciting opportunity to work with Minimed'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.

#BetterDaysStartNow

Job title: Principal Accountant Employee benefits

Location (city, country): Pune, India

Type of the role: Flexible/Hybrid

Working Hours: 12:00 PM TO 9:00 PM

Reporting To: EBA Team Lead / FSSC Manager

Department: Finance Shared Service Center (FSSC)

Join us in shaping the future of financial operations at Diabetes International. As the Diabetes business transitions to an independent, publicly traded company, our mission is centred on innovation, operational excellence, and growth within diabetes care. As a Principal Accountant in our Employee Benefits Accounting Team, you will play a key role in managing and optimizing employee benefit accounting operations for Diabetes International. You'll ensure accuracy, compliance, and timely reporting across multiple geographies while supporting process improvement initiatives and collaborating with HR and finance teams.

Based in Pune, India, this role requires close collaboration with Corporate and local Finance teams, the Accounts Payable team, internal and external auditors, as well as the IT Support team.

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

Lead employee benefit accounting operations for Diabetes International, ensuring accuracy and compliance with US GAAP and local statutory requirements.
Manage employee benefit-related journal entries, account reconciliations, and financial reporting, maintaining high standards of data integrity.
Collaborate closely with HR and finance teams to ensure payroll data integrity and timely processing of employee benefits.
Support the implementation and optimization of employee benefit accounting processes within SAP S/4HANA, particularly in preparation for TSA (Transition Service Agreement) exit with Medtronic.
Ensure compliance with internal policies and regulatory requirements across multiple geographies.
Drive continuous improvement initiatives to enhance efficiency, control, and accuracy in payroll accounting processes.
Assist in audits and provide required documentation for internal and external auditors.
Monitor and analyze employee benefit accounting metrics, identifying and resolving discrepancies as needed.
Participate in cross-functional projects related to payroll and benefits accounting.

Required Knowledge And Experience

Bachelor's degree in accounting, Finance, or related field; CPA or equivalent certification preferred.
8-10 years of progressive experience in accounting, with a focus on employee benefits or payroll accounting.
Strong knowledge of US GAAP and local statutory requirements.
Experience with SAP S/4HANA or similar ERP systems; TSA exit experience is a plus.
Excellent analytical, organizational, and communication skills.
Proven ability to work collaboratively in a cross-functional and multicultural environment.
High attention to detail and commitment to accuracy.

If you are passionate about strengthening accounting and control, partnering across teams, and making a measurable impact in a fast-changing environment, we encourage you to apply!

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

MiniMed offers a competitive salary and flexible benefits package

At MiniMed, we put people first. A commitment to our employees lives at the core of our values: We recognize their contributions. They share in the success they help create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every stage of your career and life.

About MiniMed

We want to make every day a better day for people living with diabetes. Our team of creative innovators around the globe share a passion for finding the simplest solutions to the problems that people with diabetes face on a daily basis. For more than 40 years, we've been redefining what's possible, from intelligent dosing systems designed for real life to predictive insights that stay a step ahead, and we're dedicated to continuing to support our customers through every step of their journey — meeting them where and how they need it.

Prin Accountant