Financial Reporting Analyst

3 weeks ago

Waterdown, Canada Stryker Corporation Full time

**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 including training, certifications, mentorship, leadership programs, tuition reimbursement, one-on-one coaching and more

**Who we want**:

- ** Collaborative partners.** Demonstrated ability to build strong relationships and partner with business leaders in multiple functional areas
- ** Effective communicators.** Can analyze and synthesize data/information for insights and communicate them in a consumable way to inform decision making
- ** Action oriented process improver.** Takes action to improve organizational capabilities, processes, products, or services

**What you will do**:
The Financial Reporting Analyst is responsible for providing financial reporting and analysis on a monthly basis. This will include preparation of monthly consolidated financial statements and various financial and account analysis as it relates to inventory.
- Ensure accounting for inventory and other financial statement accounts is in compliance with GAAP/Stryker policies and processes on inventory comply with SOX requirements.
- Perform reconciliations, detailed financial analysis and follow-up on monthly performance versus budget or forecast related to inventory adjustments, days-in-inventory, and gross/net inventory with Operations.
- Analyze data at SKU level to determine trends and driving factors for inventory adjustments.
- Prepare flash and forecast commentary around inventory adjustments (shrink, excess & obsolescence, purchase price variance, etc.)
- Collaborates with business partners and commercial leaders in preparation and distribution of standard monthly business unit reports and dashboards.
- Finance partner working with the Demand Planners to review long term inventory forecast and communicate excess &obsolescence impact.
- Assists with preparation of budgets, projections, and strategic plans related to inventory adjustments/provisions and inventory levels.
- Key finance representative in cross-functional projects on continuous improvement, efficiencies or new initiatives.
- Collaborate with Marketing to understand financial impacts to new product launches and customer inventory levels.
- Work with FP&A and Marketing to analyze monthly margins at a SKU level to drive increased profitability.

**What you need**:

- Bachelor’s degree in finance or accounting required.
- 1+ years’ relevant experience required.
- Advanced Excel experience required. PowerBI, Oracle, HFM experience preferred.
- CPA completed or in process preferred.
- Ability to commute 1 time, biweekly to the Waterdown, Ontario facility required.

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