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
The Finance Manager IVS will be responsible for the financial management of the division within Stryker Europe. You will have responsibility for all financial aspects of business unit, expected to provide financial analysis and implement recommendations based on findings. Serve on business unit leadership team and supports other business unit functional leaders to help with planning and managing their budgets and goals. Directs and coordinates accounting practices in conjunction with the preparation of financial reports. Appraises operating results and proposes recommendations to improve business results with regards to budgets, projections, and the overall health of the business unit. This role will have the support and report to the Instruments Divisional finance director. There will be opportunities for fast development in line with the business growth.
This role requires a strong partnership with various stakeholders in a matrix organization, including the (US) divisional finance, sales & marketing teams, as well as Stryker local finance, Amsterdam Finance Center and the Core FP&A team. In addition this role provides the opportunity to collaborate cross divisional.
Key Activities & Accountabilities
Work with business unit leadership team to grow the business by formulating appropriate financial strategies and plans. Support the identification of market opportunities.
Liaise with countries and the FP&A analysts to understand root causes of financial results, investigation of budget variances and formulation of recovery plans.
Lead and manage the annual budgeting and monthly financial projection processes. Submit all divisional forecasts in close collaboration with the FP&A analyst. Provide details for expense trends, marketing events and activities, demos and other investments.
Facilitate financial integration of acquired entities in cooperation with local teams and Amsterdam finance center
Direct month end close process combined with preparation of financial reports and fiscal records
Prepares and interprets operating results as they affect the financial aspects of the progress to financial goals and objectives: Analyze variances between actual and expected financial results. Participate in EU Flash reviews. Present monthly financials to Divisional management. Act as primary point of contact for all Divisional financial matters and queries.
Partner with EU Finance in the implementation of accounting guidelines and ensure all Company policies are adhered to within the business unit. Responsibility for the business unit complying with all other applicable financial laws and regulations, company policies and corrective actions.
Participates in the setting of overall business unit and departmental goals and priorities.
Utilize market intelligence data and reports to perform analysis of competitor's results and evaluate market share position.
Analyze sales trends, flag opportunities and risks and create actionable insights for sales leadership
Build and develop a strong environment of collaboration and partnership with Country teams, Europe FP&A and Transatlantic teams in the U.S.
Represents the Division on project teams and at finance meetings as required.
Degree in Finance /Business related subjects
An accounting qualification (e.g. CPA or CMA) is highly preferred
Min 5yrs experience with at least 2yrs as a Finance Business Partner within a commercial environment
Fluent spoken and written English. Any other European language is a plus
Oracle systems and HFM knowledge is highly preferred
COGNOS, Power BI, Danube, MfG Pro is a big plus
Excel strong skills
5+ years related experience
Excellent analytical skills
Ability to build strong working relationships
Commercial focus and Financial acumen
Demonstrated ability to work across levels within the organization
Team player, ability to foster strong relationships with others
Must be able to generate and explain detailed proposals, guidelines and procedures.
Must be able to analyze and resolve accounting/finance issues of a broad scope.
Must be able to routinely make decisions that affect immediate operations.
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