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Finance Lead - Africa

Closing: Jan 28, 2023

This position has expired

Published: Dec 28, 2022 (2 months ago)

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Job Summary

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Medtronic LABS is the only health systems innovator that develops community-based, tech enabled solutions for underserved patients, families, and communities across the world. By bridging hyper-local services with cutting-edge technology, LABS provides sustainable and localized healthcare solutions that produce measurable patient outcomes for all. Our bold approach to patient-centered health system delivery combines digital technology, field operations, and implementation-focused partnerships. The technology behind our programs, SPICE, is the worlds’ leading digital health platform for community-based population health.


Medtronic Labs is currently a 150-member team, with social enterprise subsidiaries spread across Kenya, Ghana, Sierra Leone, Rwanda, Tanzania, India, Bhutan and the USA. The team imbibes a culture of openness and entrepreneurship, with significant opportunities of growth for high performing and self-driven individuals.


Overall purpose of the Role

The successful candidate will report to the Global Head of Finance and will be an integral member of the Medtronic LABS Finance and Operations team. The candidate will provide guidance and demonstrate advanced knowledge in the accounting and finance activities associated with technical accounting matters, including, but not limited to reporting, revenue recognition, forecasting/modeling, inventory/cost accounting, and financial statement creation. They will be a key business partner to the LABS Africa team - effectively supporting, advising and influencing business partners at all levels within the organization.


Responsibilities
Medtronic LABS is the only health systems innovator that develops community-based, tech enabled solutions for underserved patients, families, and communities across the world. By bridging hyper-local services with cutting-edge technology, LABS provides sustainable and localized healthcare solutions that produce measurable patient outcomes for all. Our bold approach to patient-centered health system delivery combines digital technology, field operations, and implementation-focused partnerships. The technology behind our programs, SPICE, is the worlds’ leading digital health platform for community-based population health.


Medtronic Labs is currently a 150-member team, with social enterprise subsidiaries spread across Kenya, Ghana, Sierra Leone, Rwanda, Tanzania, India, Bhutan and the USA. The team imbibes a culture of openness and entrepreneurship, with significant opportunities of growth for high performing and self-driven individuals.


Overall purpose of the Role

The successful candidate will report to the Global Head of Finance and will be an integral member of the Medtronic LABS Finance and Operations team. The candidate will provide guidance and demonstrate advanced knowledge in the accounting and finance activities associated with technical accounting matters, including, but not limited to reporting, revenue recognition, forecasting/modeling, inventory/cost accounting, and financial statement creation. They will be a key business partner to the LABS Africa team - effectively supporting, advising and influencing business partners at all levels within the organization.


  • Responsible for the adherence to and communication of accounting and auditing policies and procedures and internal controls; maintains or oversees the control of accounts and records in such areas as disbursements, expenses, tax payments and income

  • Designs, modifies, installs, and/or maintains accounting systems to ensure an adequate recognition of financial transactions, regular collaboration with LABS business process solutions partner

  • Applies principles of accounting to analyze financial information and prepare internal and external financial reports (management and statutory); prepares and consolidates financial statements (balance sheet, profit and loss, cash flow), and other accounting schedules and reports

  • Supports month-end, quarter-end and year-end financial close through completion and accumulation of various reports and schedules

  • Supports and/or leads various LABS special projects associated with a variety of initiatives based on the need of the business, which will likely be cross-functional in nature. For assigned special projects, prepares reports of findings and recommendations for management and partners

  • Supports statutory and management audit fieldwork, including gathering of documents required for testing

  • Prepares and reports progress of programs, including both financial spend and patient outcomes/impact; regular internal reporting to track programs, and may include external stakeholder reporting


Standard Qualifications:

In order to be considered for this position, the following qualifications must be evident on your resume:

  • Education Required: Bachelor’s Degree in Accounting or Finance

  • Years of Experience: 5+ Years of varied Accounting, Finance and Analysis Experience

  • Specialized Knowledge Required: Certified Public Accountant (CPA) or Chartered Accountant (CA)


Desired Qualifications

  • CPA, MBA or MSc in Finance & Accounting

  • Sound understanding of accounting principles (US GAAP/International standards)

  • Exceptional performer with high degree of self-motivation

  • Agile and ability to multi-task and manage several projects simultaneously while appropriately prioritizing

  • Strong oral and written communication skills, including the ability to interact with and influence all levels of leadership and executive management

  • Demonstrated experience supporting programmatic reporting

  • Strong oral and written communication skills (English)

  • Demonstration of excellent judgment and decision making

  • Demonstrated ability to manage to tight deadlines, along with flexibility to changing priorities

  • Strong quantitative analytical skills

  • Proficiency with Microsoft Office Applications (Excel & PowerPoint) and with financial applications (SAP, Oracle, Hyperion).

  • Flexibility with work schedule to allow for international calls


Location: Nairobi-Kenya

Travel: <15% (including international travel)


It is the policy of Medtronic LABS PBC 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 law. In addition, Medtronic LABS PBC will provide reasonable accommodations for qualified individuals with disabilities. This employer utilizes various means of screening applicants and assessing background, to confirm the identity and employment authorization of all newly hired employees in alignment with General Data Protection Regulation (GDPR) guidelines and all applicable, federal, state, and local laws. The above statements are intended to describe the general nature and level of work being performed by the employee assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of the employee assigned to this position.


IMPORTANT-FRAUDULENT JOB OFFERS

  • Medtronic LABS will never ask for any fee at any stage of the recruitment process

  • All official communication will be sent via official email addresses ending with @medtroniclabs.org and not email address that use domains such as yahoo.com, hotmail.com, gmail.com etc.


Medtronic LABS will not be held liable or responsible for any claims, losses, damages, or expenses resulting from the fraudsters. Please report any unauthorized, suspicious, or fraudulent offers or interview requests to [email protected]


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