Stryker is one of the world’s leading medical technology companies and, together with our customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. We are proud to be named one of the World’s Best Workplaces and a Best Workplace for Diversity by Fortune Magazine. Learn more about our award-winning organization by visiting stryker.com
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 Orthopaedics Inventory 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.
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
Calculate, reconcile, and analyze Inventory and Inventory reserves for period close; heavily utilizing intermediate Excel techniques and Power Bi
Prepare month-end journal entries and formulate required accruals in accordance with GAAP
Maintain balance sheet accounts associated with Orthopaedics inventory to include gross and net accounts and complete balance sheet reconciliations in accordance 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 intermediate Excel formulas and/or Power Bi workspaces or reports
Education & special trainings:
Bachelor's Degree in Accounting: Required
Experience researching and applying GAAP: Preferred
Qualifications & experience:
2 - 4 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
Intermediate proficiency with Excel (required) and Power Bi
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
Stryker is one of the world's leading medical technology companies and, together with our customers, we are driven to make healthcare better. The Company offers a diverse array of innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. Stryker is active in over 100 countries around the world.
Together with our customers, we are driven to make healthcare better.
At Stryker, quality is first in everything we do. We are driven to make healthcare better for our customers by
providing innovative products and services that meet regulatory requirements through our effective quality system.
The Company was founded in 1941 by Dr. Homer Stryker and incorporated in 1946 as the Orthopedic Frame Company. In 1964, the Company’s name was changed to Stryker Corporation.
• $13.6 billion in annual sales in 2018; annual revenue has grown for 39 straight years
• 17.1% CAGR (compound annual growth rate) in sales over 39 years
• ~36,000 employees globally in 2018
• 43 manufacturing and research & development locat...ions worldwide
• Included in the Standard & Poor’s 500 Index
• Ranked # 233 on Fortune Magazine’s “FORTUNE 500” list for 2019
• Ranked # 3 on Fortune Magazine’s “World’s Most Admired Companies” list for the “Medical Equipment” industry for 2019
• Ranked # 11 on Fortune Magazine’s “100 Best Companies to Work For” list (U.S.) for 2019
• Spent $862 million on R&D in 2018
• 7,784 patents owned globally in 2018
• Initial public offering of stock was in 1979
• Listed on the New York Stock Exchange under ticker SYK