Controller – Saudi Arabia

USA-Medtronic MiniMed, Inc 1017; Madrid; Hybrid; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salary and benefits

Job summary

MiniMed is seeking a highly analytical Principal Accountant to join the Controllership team in Spain, with hybrid or remote work flexibility. You will ensure US GAAP compliance, local statutory and tax requirements, and partner with Shared Services and Tax.

The ideal candidate will bring 8+ years of multinational accounting experience, fluency in English and Arabic, and SAP S/4HANA expertise, focusing on financial reporting, control frameworks, and cross-functional collaboration.

Qualifications

• Bachelor’s degree in accounting, Finance or related field. Active CPA/CA certification preferable.
• Minimum 8 years of relevant controllership, accounting, statutory reporting, audit or tax experience in a multinational environment.
• Strong US GAAP knowledge.
• Demonstrated knowledge of Saudi statutory, regulatory and tax requirements.
• Experience coordinating statutory audits and local filings.
• Strong internal controls and financial governance background.
• ERP experience, preferably SAP / SAP S/4HANA.
• Must be fluent in English and Arabic.
• Ability to operate independently and influence senior stakeholders across a matrix organization.

Responsibilities

• Prepare, review, and analyze financial statements in accordance with US GAAP and Local GAAP.
• Perform in-depth analysis of Balance Sheet and P&L accounts, ensuring accuracy, completeness, and compliance including preparing monthly, quarterly, and annual close deliverables, journal entries and account reconciliations.
• Identify and communicate financial risks, trends, and opportunities to management.
• Maintain a strong internal control environment and support the MiniMed internal control framework.
• Partner with Financial Shared Services to resolve accounting issues and improve and standardize processes including Payroll and Bank entries.
• Monitor financial and compliance risks and ensure appropriate remediation.
• Partner with management on accounting matters such as revenue recognition, accruals, provisions and other complex accounting topics.
• Coordinate statutory reporting, financial statements, local filings and Statutory and Tax audits.
• Maintain strong knowledge of Saudi accounting, regulatory and tax requirements, including relevant corporate income tax, withholding tax and VAT matters to support cross function teams for regulatory compliance.
• Support transition to SAP S/4HANA, including data migration, testing, and process design from a financial accounting perspective.
• Identify opportunities for automation and process improvement across the accounting function.
• Partner closely with cross-functional teams including Tax, Treasury, FP&A, Supply Chain, and Legal.
• Serve as a key point of contact for external auditors on areas of responsibility.
• Support adhoc projects and analysis as required by leadership.
• The role initially focuses on the Saudi Arabia entity, with responsibilities potentially expanding over time to other countries in the Middle East or the wider region.

Skills

US GAAP knowledge

English fluency

Arabic fluency

Stakeholder management

Financial analysis

Education

Bachelor’s degree in accounting/finance

CPA/CA certification preferable

Tools

SAP / SAP S/4HANA

Power BI

OneStream

Job description

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 Saudi Arabia. This role is critical to ensure the accuracy and integrity of our financial statements to ensure completeness and accuracy of financial reporting and compliance with US GAAP, Local statutory, regulatory and tax requirements. The role will act as the key Finance Controllership partner for the Local business and connect country operations with Regional Controllership, Financial Shared Services, Tax, Treasury and other functions.

The ideal candidate will bring a strong technical accounting foundation, the ability to work in a fast-paced environment, and the capacity to contribute to implementation of processes and controls for a newly independent publicly listed company. The candidate must be fluent in English and Arabic.

This role is based in Spain (preferable location Madrid) with flexibility for hybrid or remote work. You will report to regional controllership and work closely with cross-functional teams to ensure financial compliance and operational excellence. Occasional travel may be required to support business needs.

We are seeking a highly analytical and detail-oriented Principal Accountant to join our Controllership team in Saudi Arabia. This role is critical to ensure the accuracy and integrity of our financial statements to ensure completeness and accuracy of financial reporting and compliance with US GAAP, Local statutory, regulatory and tax requirements. The role will act as the key Finance Controllership partner for the Local business and connect country operations with Regional Controllership, Financial Shared Services, Tax, Treasury and other functions.

The ideal candidate will bring a strong technical accounting foundation, the ability to work in a fast-paced environment, and the capacity to contribute to implementation of processes and controls for a newly independent publicly listed company. The candidate must be fluent in English and Arabic.

This role is based in Spain (preferable location Madrid) with flexibility for hybrid or remote work. You will report to regional controllership and work closely with cross-functional teams to ensure financial compliance and operational excellence. Occasional travel may be required to support business needs.

Key Responsibilities:

Financial Reporting, Analysis and Internal Control

• Prepare, review, and analyze financial statements in accordance with US GAAP and Local GAAP
• Perform in-depth analysis of Balance Sheet and P&L accounts, ensuring accuracy, completeness, and compliance including preparing monthly, quarterly, and annual close deliverables, journal entries and account reconciliations.
• Identify and communicate financial risks, trends, and opportunities to management
• Maintain a strong internal control environment and support the MiniMed internal control framework.
• Partner with Financial Shared Services to resolve accounting issues and improve and standardize processes including Payroll and Bank entries.
• Monitor financial and compliance risks and ensure appropriate remediation.
• Partner with management on accounting matters such as revenue recognition, accruals, provisions and other complex accounting topics.

Statutory and Tax Reporting

• Coordinate statutory reporting, financial statements, local filings and Statutory and Tax audits.
• Maintain strong knowledge of Saudi accounting, regulatory and tax requirements, including relevant corporate income tax, withholding tax and VAT matters to support cross function teams for regulatory compliance

Systems & Process Improvement

• Support the transition to SAP S/4HANA, including data migration, testing, and process design from a financial accounting perspective
• 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, and Legal
• Serve as a key point of contact for external auditors on areas of responsibility
• Support adhoc projects and analysis as required by leadership

Additional Regional scope

The role initially focuses on the Saudi Arabia entity, with responsibilities potentially expanding over time to other countries in the Middle East or the wider region. This expanded scope may include serving as Legal Entity Controller for additional entities, providing controllership support to countries without dedicated resources, supporting statutory and tax compliance, and contributing to regional accounting and internal control initiatives.

Required Qualifications:

• Bachelor’s degree in accounting, Finance or related field. Active CPA/CA certification preferable.
• Minimum 8 years of relevant controllership, accounting, statutory reporting, audit or tax experience in a multinational environment.
• Strong US GAAP knowledge.
• Demonstrated knowledge of Saudi statutory, regulatory and tax requirements.
• Experience coordinating statutory audits and local filings.
• Strong internal controls and financial governance background.
• ERP experience, preferably SAP / SAP S/4HANA.
• Must be fluent in English and Arabic.
• Ability to operate independently and influence senior stakeholders across a matrix organization.

Preferred Qualifications:

• Experience working with US Based Public Listing Company.
• 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.