Financial Accountant at Stryker

Job Mission

The role focuses on inventory accounting, budgeting, and FP&A reporting.

Key activities and Accountabilities

The responsibilities will include, but are not limited to:

• Analyzing inventory movements for the different classes of inventory.
• Calculation of inventory reserves and monthly balancing of the inventory subledger to the general ledger
• Calculation of unrealized intercompany profit in inventory and reporting to the regional finance COE
• Review inventory accounting and reporting in collaboration with the Operations team and the Inventory COE
• Detailed variance analysis on cost of goods sold accounts at month end to understand drivers between actuals and budget or prior periods.
• Participate in the annual budgeting and monthly financial forecasting processes.
• Work closely with the operations team to ensure that adequate internal controls are in place to promote accurate inventory accounting.
• Participate in all inventory related matters in internal and external audits and statutory reporting.
• Provide analytical support to the regional FP&A team to gain a better understanding of inventory and COGS trends, sales channel performance and the drivers of gross profit movements.
• Uploading accounting information into HFM (Hyperion) and reconciling the different enterprise ledgers
• Any other inventory accounting and FP&A reporting functions as may be assigned from time to time.

Qualifications and experience

• Accounting degree
• 3+ years post qualification experience preferably in a multinational.
• Solid inventory accounting knowledge – IFRS and US GAAP
• Working experience in FP&A and Hyperion (HFM) an added advantage.
• Working knowledge of advanced excel very important.
• Excellent analytical skills
• A collaborative, solution-focused approach, and strong written and verbal communication skill.