Boston Scientific · 1 month ago
Principal Accountant
Arden Hills, MN
Full-time
Onsite
Senior Level, Lead/Staff
$99K/yr - $188K/yr
5+ years expBoston Scientific is a leader in medical science committed to solving health industry challenges. The Principal Accountant will provide accounting leadership and financial analysis for the Arden Hills manufacturing plant, ensuring accurate financial reporting and supporting operational decision-making.
Health CareMedicalMedical Device
Responsibilities
Serve as the primary accounting contact for the Arden Hills manufacturing plant, partnering closely with Operations, Supply Chain, and Finance
Support monthly manufacturing results, including review of plant P&L, variance analysis, and explanations of key drivers
Monitor and analyze manufacturing costs, including material, labor, and overhead, to support product cost control and productivity initiatives
Support and review accounts receivable transactions impacting the plant, including billing, credit memos, write-offs, and adjustments
Partner with Global Business Services to resolve AR issues that impact plant reporting and performance
Analyze AR aging and trends as they relate to plant performance and support initiatives to improve cash collection and reduce disputes for pre-paid inventory
Lead month-end, quarter-end, and year-end close activities for plant-related accounts, ensuring accurate and timely journal entries, account reconciliations, and analysis
Maintain and reconcile inventory, reserves, and related balance sheet accounts
Ensure proper revenue and expense recognition related to plant activities in accordance with company policy and US GAAP
Utilize SAP ERP to review, analyze, and reconcile financial data, including GL, AR, inventory, and manufacturing cost data
Identify and drive process improvements, automation opportunities, and best practices across plant accounting and related processes
Support internal and external audits by providing documentation, explanations, and process walkthroughs related to plant accounting and AR
Provide financial insight and recommendations to Operations leaders to support decision-making, cost savings, and capital investments
Prepare and present clear, concise financial analyses and commentary to finance and business leadership
Mentor and provide guidance to other finance and accounting team members as needed
Qualification
Required
Bachelor's degree in accounting, finance, or a related field
Significant progressive experience in accounting or finance roles (including senior-level responsibility)
Strong understanding of US GAAP and core accounting principles
Experience working with SAP ERP in a financial/accounting capacity
Experience with accounts receivable processes and transaction flows
Advanced Excel skills and comfort working with large data sets
Strong analytical, problem-solving, and communication skills, with the ability to explain financial results to non-finance partners
Preferred
Manufacturing or plant accounting experience strongly preferred, ideally in a complex, multi-entity environment
Experience in a large, global, or matrixed organization
Background in medical device, life sciences, or other highly regulated industries is a plus
Demonstrated ability to influence cross-functional partners and drive process improvements
Detail-oriented with a strong sense of ownership and accountability
Able to manage multiple priorities and deadlines in a fast-paced environment
Collaborative, proactive, and comfortable working closely with Operations and cross-functional teams
Benefits
Compensation may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).
Compensation may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).
Company
Boston Scientific
Boston Scientific is a medical technology company that designs and develops medical devices to diagnose and treat a wide range of condition.
10001+ employees
H1B Sponsorship
Boston Scientific has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (114)
2024 (106)
2023 (93)
2022 (140)
2021 (111)
2020 (97)
Funding
Current Stage
Public CompanyTotal Funding
$10.02B2025-02-21Post Ipo Debt· $1.58B
2024-02-22Post Ipo Debt· $2.17B
2022-03-04Post Ipo Debt· $3.28B
Leadership Team
Michael Mahoney
Chairman, President & CEO
Daniel J. Brennan
Chief Financial Officer
Recent News
2026-01-19
Boston Globe
2026-01-19
Company data provided by crunchbase