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Lead Financial Analyst (Inventory) @ Stryker

CROnsiteFull-time
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About this role

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.

What will you 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:

• Bachelor's Degree in Accounting

• 3-5 years of experience in a finance function in a matrix international company (preferably American or Multinational company)

• 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

Prefered:

• CPA certification

• Experience researching and applying GAAP

• Manufacturing experience preferred

Travel Percentage: 10%

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