Work Flexibility: Hybrid
Position summary:
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, this position 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.
Essential duties & responsibilities: (detailed description)
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.
- Ensure all Company policies are followed completely and accurately. Responsible for complying with Sarbanes-Oxley and all other applicable financial laws and regulations, company policies and implement corrective actions
- 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:
Education & special trainings:
- Bachelor's Degree in Accounting: Required
- CPA: Preferred
- Experience researching and applying GAAP: Preferred
Qualifications & experience:
- 3-5 years of experience in a finance function in a matrix international company (preferably American or Multinational company)
- Manufacturing experience preferred
- Public Accounting experience a plus
- Advanced proficiency with Excel (required) .
- Proficiency with Oracle, SAP S4 Hana and/or SAP BW (required)
- Ability to interpret and analyze data accurately and efficiently
- Fluency in English required
- Strong ability to coordinate action across dispersed workforce and highly matrixed organization
- Strong written and verbal skills enabling effective communication with all levels of management
- Effective problem-solving skills
Physical & mental requirements:
- Ability to work well with cross-functional teams and collaborate across multi-functional dotted-line relationships
- Ability to multi-task and meet deadlines consistently
- Good communication (verbal and written) and interpersonal skills, attention to detail and ability to communicate complicated issues effectively
- Demonstrated ability to perform consistently under varying business pressure as well as ability to adapt to a quickly changing environment
- Strong analytical, problem solving, and organizational skills
- Attention to detail in making evaluative judgements based on the analysis of information
Travel Percentage: 10%