Finance Manager at Stryker

Suzhou, Jiangsu, China

Stryker Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Manufacturing, MedTechIndustries

Requirements

  • Experience managing and driving a finance department, particularly in FP&A tasks
  • Knowledge of financial compliance, statutory requirements, and US-GAAP for balance sheets and P&L
  • Ability to act as a Finance Business Partner, especially with manufacturing leaders
  • Leadership skills to lead and develop a local finance team, including recruitment, training, development, and performance management
  • Strategic planning expertise for financial direction, KPIs, forecasting, budgeting, month-end/quarter-end/year-end closings, product costing, and ad-hoc reporting
  • Proficiency in financial systems development, internal controls, and process optimization
  • Strong relationship-building and influencing skills with senior leaders, internal/external stakeholders, and auditors
  • Capability to challenge status quo, identify cost improvement opportunities, and drive cost reductions

Responsibilities

  • Manage and develop the local finance team, including recruitment, training, performance management, and setting departmental goals
  • Serve as a key member of the site leadership team to formulate and execute strategic objectives and drive financial performance
  • Act as a business partner to local functional leaders (focus on manufacturing), providing financial sparring, KPIs, and challenging business plans
  • Ensure full responsibility for financial integrity, compliance, and preparation of BS, P&L, monthly management accounts, annual budgets, financial projections, and product costs
  • Oversee planning, staffing, reporting, forecasting, budgeting, closings, product costing, and ad-hoc analyses for the site
  • Drive cost leverage, reductions, and improvement projects; provide financial commentary on risks, opportunities, and results
  • Set up and maintain compliant internal control environment per Stryker policies, US-GAAP, and statutory laws
  • Coordinate development, implementation, and optimization of controlling processes, tools, and financial systems
  • Prepare, interpret, and communicate analyses, business plans, and reports to support decision-making
  • Lead and participate in cross-functional/cross-divisional process improvement initiatives and maintain financial system integrity

Skills

FP&A
US-GAAP
Financial Compliance
Forecasting
Budgeting
Product Costing
Strategic Planning
Financial Modeling
Team Management
Performance Management
P&L Management
Balance Sheet

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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