Associate Manager, Inventory Accounting (hybrid) at Stryker

Hamilton, Ontario, Canada

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor's degree
Professional accounting designation (CPA, CA/CMA/CGA)
Minimum 6 years of experience in finance/accounting, with a focus on inventory
Previous leadership experience
Advanced Excel and intermediate Power BI skills
Internal applicants with an equivalent combination of education, experience and performance over time at Stryker will be considered (Preferred: Experience in Oracle ERP and Hyperion Financials)

Responsibilities

Lead monthly/quarterly close related to Inventory Accounting and ensure financial transactions and financial statements are properly documented, complete and accurate and in compliance with corporate finance policy, US GAAP and SOX
Oversee the preparation and review of Inventory related account reconciliations to ensure the reconciliations are prepared in a timely manner, well documented, adhere to corporate policies and accounts are properly stated
Provide clear and concise analysis of the root cause of variances to budget/forecasts as well as emerging trends that may have significant impacts to financial performance and provide monthly commentary on business results
Support FP&A through creating budgets and projections related to Excess, Instrument amortization, shrink, sample costs and capital consignment
Collaborate with stakeholders across the business to act as Subject Matter Expert on the accounting impact of Inventory transactions
Lead continuous improvement processes in Inventory reporting processes, and collaborate with diverse teams on projects and/or cross functional initiatives
Lead with a risk-based approach to ensure data and financial statement integrity, including detailed assessments/analysis of account balances and/or transactions and corporate finance policy to ensure all risks are captured and communicated
Mentor, coach, and develop direct reports, supporting their professional growth

Skills

Key technologies and capabilities for this role

Inventory AccountingFinancial ReportingUS GAAPSOX ComplianceAccount ReconciliationsMonthly CloseVariance AnalysisBudget PlanningCostingRevaluation

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

This is a hybrid role based out of the Waterdown office, requiring the team to be in the office 1 day a week (Wednesday) with flexibility to work from home the other days.

What is the salary or compensation for this position?

This information is not specified in the job description.

What are the required qualifications for this role?

A Bachelor's degree is required.

What kind of person does the company want for this role?

The company seeks dedicated achievers who thrive in fast-paced environments, collaborative partners who build strong relationships across functions, and effective communicators who analyze data and communicate insights clearly.

Who reports to this position?

The Financial Reporting Analysts – Inventory will report into the Associate Manager, Inventory Accounting.

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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