Lead Financial Analyst, Inventory (hybrid)

Posted:
10/28/2024, 5:00:00 PM

Location(s):
Flower Mound, Texas, United States ⋅ Texas, United States

Experience Level(s):
Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

Work Flexibility: Hybrid

Stryker is one of the world’s leading medical technology companies and is dedicated to helping healthcare professionals perform their jobs more efficiently while enhancing patient care. Stryker offers a diverse array of innovative medical technologies, including reconstructive, medical and surgical, and neurotechnology and spine products to help people lead more active and more satisfying lives.

As a member of the Inventory Accounting Team, you will be responsible for complete and accurate inventory balance sheet and P&L reporting while complying with Stryker policies and procedures. 

The ideal candidate for this role will have a background in technical accounting/GAAP, coupled with the ability and desire to apply the concepts to “hands-on,” operational processes. 

This hybrid role is based out of our Flower Mound, TX location. You will be required to be in the office 2 days a week and have the flexibility to work from home the other days.

Who We Want

Dedicated achievers. People who thrive in a fast-paced environment and are dedicated to ensuring a task is complete and meets regulations and expectations.

Analytical problem solvers. People who go beyond just fixing problems; they identify root causes, evaluate optimal solutions and recommend comprehensive upgrades to prevent future issues.

Effective communicators. People who can interpret information clearly and accurately to concisely communicate results and recommendations to stakeholders, senior management and their teams

What You Will Do

  • Engage with business partners to enable insightful analysis and efficient processes to support and challenge strategic decisions

  • Collaborate with business partners to timely and accurately execute inventory transactions

  • Oversee and support execution of inventory month end responsibilities spread over various team members

  • Calculate, reconcile, and analyze Inventory and Inventory reserves for period close; heavily utilizing advanced Excel techniques and/or Power Bi tools.

  • Prepare month-end journal entries and formulate required accruals in accordance with GAAP

  • Maintain balance sheet accounts associated with the Orthopaedics Division inventory to include gross and net accounts and complete balance sheet reconciliations in accordance with Stryker policies

  • Ensure all Inventory reports generated are accurate, complete, and reconcile to the General Ledger.

  • As requested, perform ad-hoc analytical support, such as: analyzing inventory trends at various data levels, testing inventory reserve levels for appropriateness and diving into the Orthopaedics supply chain to understand product fluctuations

  • Support business on implementation and monitoring of Internal Controls and other Compliance requirements.

  • Maintain up-to-date process documentation that follow changes in the business; may require updating or creating advanced Excel formulas and/or Power Bi workspaces or reports

What you need

Required:

  • Bachelor's Degree in Accounting
  • 4+ years of experience in a finance function in a matrix international company (preferably American or Multinational company)
  • Advanced proficiency with Excel
  • Experience with Oracle, SAP S4 Hana and/or SAP BW

Preferred:

  • CPA
  • Manufacturing experience
  • Public Accounting experience
  • Experience researching and applying GAAP

Travel Percentage: 10%

Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer – M/F/Veteran/Disability.

Stryker Corporation will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

Stryker

Website: https://www.stryker.com/

Headquarter Location: Kalamazoo, Michigan, United States

Employee Count: 10001+

Year Founded: 1941

IPO Status: Public

Industries: Biotechnology ⋅ Health Care ⋅ Life Science ⋅ Medical ⋅ Medical Device