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Lead Analyst,FICM

4 weeks ago

Shanghai, China Stryker 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 

Position summary:

Assist to maintain overall control and responsibility for all financial aspects of Indirect Channels for related business units. The incumbent is expected to provide financial analysis and implement recommendations based on these findings. Works closely with Indirect Channel Management team to select, onboard, monitor, evaluate and renew or terminate Indirect Channels, with a specific focus on support manager with setting commensurate Indirect Channel compensation, Fair Market Values and books & records of the Indirect Channels.

Essential Duties & Responsibilities: (Detailed Description)

ICM Management

Support ICM finance manager to work with local and regional Indirect Channel team to review the Indirect Channel business strategy in order to ensure sustainable and compliant growth through Indirect Channels.

Work together with the Indirect Channel Management team to select, onboard, monitor, evaluate and renew or terminate Indirect Channels.

Fair Market Value (FMV) Management

Assist in setting & review indirect channel compensation at selection of the Indirect Channel and at renewal of the contract versus fair market value and escalate in case outside of range.

Support Indirect Channel contracts review with a specific focus on compensation and termination clauses. Ensure the contract clauses are properly reflected in any accounting entries (, revenue recognition etc).

Be local point of contact for the Indirect Channel system. Responsible for completeness and accuracy of Indirect Channel compensation data in this system, including periodic updates.

Support to provide input for Fair Market Value information by providing internal data on an annual basis

Monitor any one-off deals for Indirect Channels outside of the contract, considering business rationale as well as ensuring rationale is properly documented. Escalate to manager or regional team in case outside of Fair Market Value range.

Books & Records Management

Conduct books & records questionnaire assessment as part of selection process. Provide clarity on expectations and work with Commercial teams on books & records remediation plans if necessary. Follow-up on progress remediation plans.

Take part in periodic business review of Indirect Channels and focus on financial KPI (pricing, IC compensation) as well as books & records capabilities. Provide advice to Commercial / ICM team on decision to renew or terminate contract.

Train related business units’ commercial team on books & records requirements for Indirect Channels.

Visit specific strategic Indirect Channels to train the IC teams on Stryker’s books & records requirements

Others

Assist in effective communication and escalation where necessary of (financial) analysis to the country Finance and BU commercial Leader

Work with the broader local/regional/global Finance and ICM team.

Education & Experience:

(or equivalent) with an emphasis in Accounting and/or Finance

(or equivalent) with concentration in Finance, Accounting or general business (preferred)

CPA or CIA preferred.

5+ years related experience, big 4 (preferred)+relevant industry experience

Physical & Mental Requirements:

Excellent analytical skills

Excellent PC skills including spreadsheet and word processing applications

Excellent written and interpersonal communications skills

Ability to build strong working relationships both in-country as well as with regional teams

Fluent in English and Mandarin

 Familiar with local GAAP, US GAAP and Sarbanes Oxley Act

About StrykerStryker 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 

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