Position Description

The Medtronic Corporate Audit Department has a wide variety of responsibilities and is currently seeking candidates with various backgrounds to fill a Principal Associate opportunity. Departmental responsibilities and areas of focus include:

* Enterprise Risk Assessment
* Risk Rated Audits Conducted Across the Globe
* Information Technology
* Operational Engagements
* Business Conduct / Legal Compliance
* Various Other Projects as Requested by Executive Management
* Process Improvement Initiatives (e.g., key technology and/or business process changes)

As a member of the Corporate Audit Team, you will be responsible for contributing to the overall Corporate Audit program and developing a working knowledge of Medtronic’s various businesses, products, and operations. As the eyes and ears of the organization, you will utilize your field experience, business and industry knowledge, technical knowledge and interaction with others to provide input into the Enterprise Risk Assessment process and assess the specific risks of each audit/consulting engagement from a financial as well as operational viewpoint.

Members of the Corporate Audit Team will have exposure to all business units and interact with management from all areas of the company and around the globe. The position provides ongoing training and advancement opportunities. After spending 2-4 years in the Corporate Audit Function, potential career moves include Corporate Finance or various finance roles supporting a business unit as well as movements between functions, such as to supply chain or marketing, depending on your experience and career goals.

Position Responsibilities

Lead the execution of various financial, operational, and compliance audits, projects, and activities in the Corporate Audit Group. The majority of assignments will involve planning, fieldwork/documentation, and presentation/reporting phases:

Planning - Scope and plan audits and projects based on a thorough risk assessment for the location. The team will perform the following in planning each audit:
* Review previous audit work papers, reports, and additional on-file information for that entity/location.
* Primary relationship manager for local management to obtain information regarding the location they are visiting that will assist in the risk assessment and audit scoping for the location.
* Meet with representatives from Corporate Finance, Tax, and Legal to identify any additional areas that should be considered for inclusion in the scope of the audit.
* Tailor the overall audit program and detailed steps for the audit to correspond with the results of the risk assessment and functional area partnering.
* Coordinate/schedule timing of reviews.

Fieldwork & Documentation - Complete a thorough review of each in-scope audit area. The team will perform the following during the fieldwork stage of each audit:
* Collect, analyze, and interpret information to assess and conclude on each assigned audit area.
* Prepare clear and concise documentation to adequately support all audit area conclusions and findings.
* Address issue timely and complete audit fieldwork effectively and efficiently to meet budget and scope requirements.
* Identify and share best practices among entities.

Presentation & Reporting - Provide appropriate and timely reporting on audit results. The team will perform the following during the reporting stage of each audit:
* Communicate audit results to management in a clear and concise manner, including any issues and recommendations for corrective action or improvement where applicable.
* Prepare an audit report for presentation to management, including scope, approach, findings, conclusions, and recommendations.

Other Responsibilities - In addition to executing audits, Corporate Audit team members are responsible for the following items:
* Continually build partnerships between Corporate Audit and the various functional areas and business units throughout the Company.
* Complete special projects and assignments within the department as they arise.
* Principal Associates will be responsible for the day to day administrative responsibilities of scheduling, budgeting and Audit Committee reporting
* Principal Associates will be participate in the development of staff employees, including monitoring responsibilities, training, and input into performance evaluations.

Basic Qualifications

* Bachelor’s degree in Accounting or Finance
* Industry-specific certification, such as CPA or CIA.
* 7+ years of public accounting, finance, and/or operations experience.

Desired/Preferred Qualifications

* International business experience a plus
* Language skills a plus.
* Proficient in Microsoft Office, particularly Excel, Word, and PowerPoint. ACL experience a plus.
* Strong Project Management Skills
* Progressive mind-set, innovative (always looking for improvement opportunities).
* Able and willing to travel (domestic and international), ranging from 20 - 50%.
* Strong verbal and written communication skills.
* Analytical and decisive.
* Able to work independently and as part of a team.
* Self-confident and able to build partnerships with various levels of Business Unit personnel.
* Flexible and able to adapt to shifting priorities and responsibilities in a dynamic and changing environment.
* Ability to influence management.
* Strong initiative and leadership capabilities.
* SAP knowledge a plus.

Physical Job Requirements