Lead Financial Analyst (Inventory)
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