Stryker Director of Finance;IVS in Netherlands
Requisition ID 30624BR
Job Title Director of Finance;IVS
Group MedSurg and Neurotech
Business Unit Interventional Spine
Business Function Finance
Employment Category Full Time
Percent Travel Required Up to 50%
Stryker is one of the world's leading medical technology companies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. More information is available at www.stryker.com All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, protected veteran status, or any other characteristic protected by applicable law. We are an EO employer – M/F/Veteran/Disability.
Job Description / Information
The Job's Mission
Reporting directly to Business Unit Managing Director with a dotted line to US IVS Controller, the EU IVS Finance Director will maintain overall control and responsibility for all financial aspects of business unit strategy and is expected to provide financial analysis and implement recommendations based on these findings. Serves 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 financial 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.
Key Activities & Accountabilities
Financial Planning and Analysis
Work with business unit leadership team to grow the business by formulating appropriate financial strategies and plans. Support the identification of market opportunities. Determine business strategy to seize market opportunities both organically and through business development (e.g. acquisitions).
Close involvement in analysis of product development and business development activities.
Direct involvement in Divisional Strategic Plan process – take ownership of SP financials.
Lead and manage the annual budgeting and monthly financial projection processes. Submit all divisional forecasts and budgets to Europe FP&A for consolidation and final signoff. Provide details for expense trends, marketing events and activities, demos and other investments.
Liaise with countries and FP&A Europe to understand root causes of financial results, investigation of budget variances and formulation of recovery plans.
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.
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 finance initiatives and meetings. Member of the European Finance Leadership Team.
Acquisition Integration - Financial Accounting and Reporting
Divisional Finance Lead for financial integration of recent acquisition
Order-to-Cash integration, Sales Channel Strategy and Implementation
Management of local finance team
Partner with Europe FP&A to ensure timely and accurate completion of all financial reporting
Maintain overall responsibility for Financial Statements and compliance with local Statutory and Tax requirements, including the management of local audits
Responsible for the implementation and management of an effective system of internal controls, in partnership with Country Finance and the European finance Shared Services
Ensures critical business processes are well documented and communicated to facilitate effective and efficient execution.
Implementation of Corporate Policies. Work with the local country finance management team to ensure Country specific policies are followed.
Sarbanes Oxley compliance
Team Engagement & Development
Provide leadership and direction to the aqcquired finance team, leading by example
Make self available as coach / mentor in assisting direct reports to develop in their positions
Establish and clearly communicate performance objectives and development plans
Maintain regular communications on performance
Identify high potentials and provide them with opportunities to grow and develop to their next roles
Take necessary steps to address issues that may impact performance.
Actively promote an environment of trust and high engagement
Manage the evolution of the finance function in alignment with global business and functional strategies
B.B.A. or B.S. (or equivalent) with an emphasis in Accounting and/or Finance
M.B.A. (or equivalent) with concentration in Finance, Accounting or general business (preferred)
CPA preferred, with understanding of US GAAP and IFRS accounting principles
Fluency in English and French
Other European languages are desirable
Experience As above, indicate the length and type of experience required to perform this job satisfactorily.
10+ years related experience
Excellent analytical skills
Intermediate PC skills including spreadsheet and word processing applications
Excellent written and interpersonal communications skills
Ability to build strong working relationships
Excellent leadership and managerial skills
Excellent organizational skills
EIS (Executive Information System)
Strong accounting knowledge
Must be able to generate and explain detailed proposals, guidelines and procedures.
Must be able to analyze and resolve complex accounting/finance issues of a broad scope using independent judgment.
Must be able to routinely make decisions that affect immediate operations and may have a company-wide effect.
Must be able to observe and correct minute inconsistencies (e.g. in the printed word, an accounting report or system, etc.).
All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status.
Stryker is an EO employer – M/F/Veteran/Disability