The posting
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
We are seeking a highly analytical and detail oriented Principal Accountant to join our Controllership team in Israel. This role is critical to ensure the accuracy and integrity of our financial statements, with a strong focus on inventory accounting, transfer pricing related to R&D activities, and US GAAP compliance.
The ideal candidate will bring a strong technical accounting foundation, the ability to work in a fast-paced, post spin-off environment, and the capacity to contribute to the buildout of processes and controls for a newly independent publicly listed company.
Key Responsibilities:
Financial Reporting & Analysis
- Prepare, review, and analyze financial statements in accordance with US GAAP
- Perform in-depth analysis of Balance Sheet and P&L accounts, ensuring accuracy, completeness, and compliance
- Prepare monthly, quarterly, and annual close deliverables, including journal entries, account reconciliations, and flux analysis
- Prepare, review, and analyze financial statements in accordance with Local GAAP
- Identify and communicate financial risks, trends, and opportunities to management
Inventory Accounting
- Oversee inventory accounting processes, including standard costing, variances, reserves, and inventory valuation
- Perform inventory reconciliations and ensure accurate reflection in the financial statements
- Collaborate with Supply Chain and Operations to ensure proper accounting treatment for inventory movements, write-offs, and adjustments
- Support cycle count and physical inventory processes from an accounting perspective
Transfer Pricing — R&D
- Support the accounting and documentation of intercompany transactions related to R&D activities
- Ensure proper recording and allocation of R&D costs in compliance with transfer pricing policies
- Collaborate with Tax, Legal, and R&D Finance to ensure alignment between transfer pricing documentation and financial records
- Assist in the preparation of intercompany agreements and related financial schedules
Systems & Process Improvement
- Support the transition to SAP S/4HANA, including data migration, testing, and process design from a financial accounting perspective
- Contribute to the design and implementation of accounting processes, controls, and workflows in a post-spin-off environment
- Identify opportunities for automation and process improvement across the accounting function
Stakeholder Collaboration
- Partner closely with cross-functional teams including Tax, Treasury, FP&A, Supply Chain, R&D Finance, and Legal
- Serve as a key point of contact for external auditors on areas of responsibility
- Support ad hoc projects and analysis as required by leadership
Required Qualifications:
- Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
- 7–10 years of progressive accounting experience, preferably in a multinational or complex corporate environment.
- Strong hands-on experience with US GAAP and the ability to apply accounting principles to complex business transactions.
- Proven experience in financial analysis, including the ability to interpret complex financial data and translate findings into actionable business insights.
- Proficiency in SAP ERP, including SAP ECC and/or SAP S/4HANA.
- Advanced Microsoft Excel skills, including pivot tables, VLOOKUP/XLOOKUP, complex formulas, data analysis, and financial modeling.
- Familiarity with SOX compliance requirements and internal controls.
- Fluent Hebrew and English, both written and spoken.
Preferred Qualifications:
- Active CPA/CA certification in Israel.
- Experience working for a publicly listed company, preferably one listed on a US stock exchange.
- Demonstrated experience in inventory accounting, ideally within a manufacturing, MedTech, or other regulated environment.
- Working knowledge of transfer pricing principles, particularly in relation to intercompany R&D transactions.
- Experience with corporate spin-offs, carve-outs, divestitures, or other major business transformations.
- Experience supporting or participating in SAP S/4HANA migration or implementation projects.
- Previous experience in the medical device, MedTech, life sciences, or regulated manufacturing industry.
- Experience working with Big Four or other large external audit firms.
- Experience with financial reporting and analytics tools, such as Power BI, OneStream, or similar platforms.
#BetterDaysStartNow
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.
