Director, Financial Compliance

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Job description

We are excited to be named one of the World’s Best Workplaces by Fortune Magazine! We are proud to offer you 12 paid holidays annually. For an overview of our benefits and time off, please follow this link to learn more:US Stryker employee benefits.

As the Director of Financial Compliance for the Medical Division, you will lead financial compliance across technical accounting and US GAAP, internal controls and SOX, Corporate Finance Policies, and business development activities. You will serve as a strategic finance partner to business leaders, strengthen the integrity of financial reporting, and enable the Division to execute its strategy and objectives.

What you will do:

• Serve as the key finance business partner for the Medical Division, driving collaboration and alignment on technical accounting, internal controls and financial compliance matters.
• Partner with Corporate Finance, Internal Audit, divisional finance teams, and business leaders to align financial compliance goals, resolve issues and implement sustainable improvements.
• Provide strategic guidance on complex transactions and business initiatives, including business development, commercial projects and cross-functional programs involving Finance, IT, Logistics, Sales Operations and Commercial Excellence.
• Lead the research, assessment, and documentation of accounting conclusions on complex matters in partnership with the Group Financial Compliance team and Corporate Technical Accounting, and support local finance teams on significant accounting areas, including revenue recognition and inventory.
• Advise the Division on newly issued accounting guidance and Corporate Finance Policies, including assessing operational impacts, coordinating implementation and communicating requirements to local finance teams.
• Review proposed Corporate Finance Policies and provide practical divisional feedback to support policies that are operationally effective and aligned with business requirements.
• Oversee the timely and accurate submission of divisional financial results and guide accounting activities that support reliable financial reporting.
• Lead the Division Balance Sheet Review process, including collaboration with local finance teams to understand and document key fluctuations and communicate significant findings.
• Establish and drive quarter-end financial compliance requirements for the Division, including completion of the disclosure checklist and other required certifications.
• Identify accounting, policy, and control risks across divisional processes and advise divisional teams on the design, implementation, and maintenance of effective internal controls, partnering with stakeholders to remediate control deficiencies and improve financial reporting processes.
• Oversee divisional internal and external audit activities and ensure compliance with Sarbanes-Oxley requirements, applicable financial laws and regulations, company policies, and corrective actions, coordinating with Finance Business Partners and audit teams to address findings and implement improvements.
• Drive standardization and continuous improvement of accounting and compliance processes across the Division to increase efficiency, consistency and reporting accuracy.
• Oversee and foster effective collaboration with shared services teams responsible for consolidation, reporting and general accounting activities.
• Promote consistency, knowledge sharing and adoption of leading practices across divisions and finance teams.
• Maintain the Division SharePoint library of annual SOX narratives, accounting position memos, and related compliance documentation.
• Lead and develop the Medical Financial Compliance team, including objective setting, performance management, coaching, training and prioritization of compliance activities.

What you need:

• Bachelor's degree in accounting, finance or a related field required.
• CPA or CMA preferred.
• 10+ years of relevant accounting experience required, including public accounting experience.
• Fluency in English required.
• Solid understanding of Sarbanes-Oxley, PCAOB auditing standards and US GAAP.
• Ability to research complex accounting matters, interpret and analyze data accurately, and translate conclusions into practical business guidance.
• Demonstrated ability to lead through influence and coordinate action across a dispersed workforce and highly matrixed organization.
• Ability to work independently and manage multiple priorities, projects and deadlines simultaneously.
• Strong written and verbal communication skills, with the ability to engage and influence all levels of Finance and business leadership.
• Demonstrated leadership, interpersonal, strategic planning and problem-solving skills.

Work Location:

This is a hybrid role based in Portage, MI, with an in-office requirement of 2-3 days per week.

United States of America Pay Ranges:

• USN: $135,600 - $225,900 USD Annual

Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker 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 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.