(Senior) Inventory Accountant

Why finance at Stryker?

Are you looking for a profitable and growing company with a great culture and reputation? Stryker was recently named one of the Best Workplace in the WORLD by Fortune! Here, you will have many opportunities to learn and grow as we offer development opportunities unique for each employees needs. Our total rewards offering includes but is not limited to:

• Employee health insurance, plus additional health insurance - both eligible from your first day of employment
• Group life insurance and retirement benefits
• Sports card
• Social benefits fund - this includes holiday subsidy
• Tuition reimbursement and access to online platforms with business courses
• Length of service awards (eligible at 5 years of employment)
• Corrective eyewear refund
• Lunch allowance

In this role you will calculate input files for journal entries, prepare (complex) journal entries, make Blackline reconciliations, analyze data to provide accurate and timely information for assuring the right accounting of our books and records relating to inventory in order to support at the end strategic and operational decisions. This role is part of the Technical Accounting sub department within the Global Inventory COE and will be focusing on one of the main processes with sub tasks. The main processes can be divided into: GRNI/GIT, Costing, E&O and Asset Management.

As a member of the Technical Accounting Global Inventory COE 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.

Key Activities & Accountabilities

Month end activities:

• Calculate, reconcile, and analyze Inventory and Inventory related balances sheet and P&L items for period close (utilizing advanced Excel techniques and Power Bi)
• Prepare month-end journal entries and formulate required accruals in accordance with GAAP
• Maintain balance sheet accounts associated with one of the sub processes (GRNI/GIT, Costing, E&O, Assets) 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, including the right IPE procedures
• As requested, perform ad-hoc analytical support, such as: analyzing inventory trends at various data levels, testing inventory reserve levels for appropriateness
• Ensure all Company policies are followed completely and accurately (Sarbanes-Oxley and other financial laws and regulations)
• Maintain up-to-date process documentation that follow changes in the business (Excel formulas, Power Bi workspaces or reports)

Compliance:

• Responsible for supporting compliance related activities based on the daily tasks within Technical Accounting team for Global Inventory COE (like last time buys, bridge buys, exceptions on policies etc.) in close collaboration with Compliance Inventory COE team and Business Support team

Other:

• Responsible for effectively communicating relevant information to all stakeholders
• Support in process improvements (use of BOTS/RPA/Alterix/Others)
• Participate in inventory project related items and actively deliver input, such as, further integrations, transitions, and system implementations

Key Requirements:

• Master's degree in accounting/finance or equivalent is required
• Fluent in English (languages such as Spanish/Polish/Dutch will be an additional value)
• Excellent working knowledge & understanding of US GAAP is required
• 3-5+ years' experience in a complex inventory and/or other complex accounting functions in global organizations
• Experience navigating and influencing in a matrix organization or working in a COE is preferred
• Advanced proficiency with Excel (required) and Power Bi (preferred)
• Oracle/SAP/MFG/JDE experience is a nice to have
• Strong communication skills and the ability to interact with other stakeholders
• Ability to work independently with limited guidance
• Ability to multitask and prioritize responsibilities, to meet deadlines
• Demonstrated ability to analyze and define business problems and identify appropriate operational or process solutions

About Stryker
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology, Orthopaedics and Spine that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 130 million patients annually. More information is available at stryker.com.