High Risk Payments Analyst at Stryker

San Antonio, Heredia, Costa Rica

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Associate/bachelor’s degree in finance, Business, Compliance or related field
Fluent spoken and written English
Knowledge of ERP systems such as Oracle and SAP systems is a big plus
2-4 years of relevant working experience in a finance function ideally with experience performing accounts payables responsibilities in matrixed international company
Familiarity with Excel at a basic level at least

Responsibilities

Process and audit accounts payable invoices and payment requests identified as ‘high risk payments’ (HRP)
Perform advanced level review of these payment requests to mitigate the risk of improper payments
Ensure compliance with all applicable laws, HRP Matrix, government regulations, and internal policies and procedures
Process HRP invoices and payment requests accurately, efficiently and timely throughout the month utilizing the different ERP systems
Follow-up with the relevant stakeholders to resolve discrepancies
Work closely with business, compliance and Master Data teams to resolve issues & escalations
Perform root cause analysis to resolve invoice discrepancies and identify potential process improvements on HRP processes with the business
Update and review work instructions on a regular basis to ensure accuracy and identify process improvements
Ensure that all HRP invoices are routed correctly to this team to follow the HRP process
Provide backup support to Consultant Management Team, when needed
Respond to AP HRP inquiries ad hoc

Skills

Accounts Payable

ERP Systems

Oracle

SAP

Excel

Root Cause Analysis

Invoice Processing

Compliance

Audit

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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