Director, Technical Accounting & Special Projects

Additional Location(s):  N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.                

About the role:

The Director of Technical Accounting and Special Projects holds a pivotal role within the Corporate Accounting team, directly reporting to the SVP, Global Corporate Controller and Chief Accounting Officer. Leading a team of 8 professionals, including managers and senior accountants, this role oversees the Technical Accounting Center of Excellence (COE) and the Company’s Global SOX 404 team. The COE's primary focus encompasses complex accounting areas such as revenue recognition, lessee/lessor accounting, stock-based compensation, derivatives and hedging instruments, debt financing, factoring arrangements, VPPAs, consolidated global cash flow statement, and related forecasting and planning. Collaborating closely with BSC's global accounting teams, the COE determines the appropriate accounting treatment for significant and/or unusual transactions. Additionally, the role involves managing global accounting policies, facilitating policy alignment assessments for new acquisitions, implementing new accounting standards, and partnering in global initiatives like ERP system and AI implementations.   In addition, this role will partner with the strategic investments technical accounting team and support technical accounting for Medsurg strategic investments.  

This role interfaces with various departments including Corporate Accounting, FP&A, Tax, Business Development and Legal, enjoying high visibility among senior leadership and actively contributes to strategic Corporate Finance leadership meetings. Focused on team development, the Director strives to elevate team members and cultivate a culture of excellence.

Your responsibilities include: 

• Develop and mentor team members, identifying opportunities for growth and skill enhancement to elevate performance and foster a culture of excellence.
• Lead the Technical Accounting COE, ensuring alignment with global accounting standards and internal policies. Offer strategic accounting guidance to business partners and senior leaders to assess the impact of proposed transactions and influence decision making.
• Oversee the COE accounting close processes including review of technical accounting memos, ensuring the accuracy of SEC related disclosures, and adherence to the Company’s internal control processes.  
• Proactively monitor new accounting and reporting guidance affecting the company, including preparation of executive-level summaries and detailed project implementation plans.
• Provide senior oversight of the Global SOX 404 program and business controls implementation for project Magellan and support the team in setting strategic direction.
• Work collaboratively with the MedSurg business development department on assessing the technical aspects of new strategic investments, where needed.
• Lead and collaborate cross-functionally to implement new accounting standards, including assessing the related financial reporting implications.
• Oversee the global accounting policies function; assist with policy alignment as part of integration of acquired companies. 
• Share best practices and seek to continually improve processes; take initiative in business partnering activities.
• Act as primary liaison for internal/external auditors for all areas of responsibility.
• Lead or participate in special projects as needed.

 
What we're looking for: 
Required Qualifications: 

• Bachelor’s degree required; advanced degree preferred
• CPA required
• Minimum of 15 years of relevant experience, through combination of Big Four and/or industry
• Strong knowledge of U.S. GAAP particularly in areas of revenue recognition, lease accounting, accounting for stock-based compensation, and accounting for derivatives/hedging instruments

Preferred Qualifications

• Strong attention to detail & data accuracy, while understanding the “big picture”
• Outstanding organization, process and time management skills, including ability to manage competing priorities in a fast-paced and dynamic environment
• Problem-solving skills and the ability to interpret and apply technical accounting literature
• Outstanding written and verbal communication skills
• Proven ability to manage and coach others, and work effectively as part of a team
• Proven ability to build relationships and influence with key stakeholders

• Experience creating inclusive environment and supporting DE&I

Requisition ID: 585866

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.

Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.