Finance Director - South Africa
Global Quality and Ops
Percent Travel Required
Up to 20%
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
Responsible for the entire financial function of the company encompassing strategic direction, budget setting and forecasting, reporting, financial modelling, advice and guidance, measurement and controls, profit maximisation, asset control, adherence to corporate and statutory regulations. This function should also be seen as the business partner for the local GM, to drive the business in terms of sales and operating income improvements.
Budgets, forecasts and strategic planning: Analyse current trends, economic indicators, inflation, expected growth, expense trends and the like. Collaborate with GM, BUD, HR. operations and peers across the division or international. Budget according to EEMEA and International guidelines and provide strategic year to year growth and direction regarding operational and structural requirements vs sales and operating income.
Profitability and expense analysis: Communicate regularly with departmental heads in terms of budget achievements as well as communication with internal and external auditors. Set challenging but achievable budgets and review actual vs budget performance. In cooperation with the GM take necessary corrective actions to get back in line with budget.
Asset control: Analyse return on investment and review trends, costing, AR balances and cash flow. Responsible for resolving operational issues, communicate with customer contacts, customer decision makers and bank managers. Adhere to statutory regulations. Maximize cash flow by managing our assets ( AR, Inventory) in an effective and efficient manner.
Reporting: Ensure accurate and timely Financial reporting in line with corporate guidelines (USGAAP) and statutory requirements (Local GAAP). Review monthly and quarterly financial reports, query over expenditures, present feedback to management and provide direction and corrective action where necessary.
Oversee annual external audit process by communicating to external auditors and ensure annual external audit is managed effectively and efficiently in line with corporate guidelines and statutory requirements.
Internal controls: Ensure effective and efficient internal controls are in place in line with Sarbanes Oxley (SOX) standards, and implement corrective actions in case of any deficiencies identified by internal or external auditors.
Managing a team: Ensure effective management of local Finance & Operations teams to ensure reporting deadlines are met in accordance with Stryker guidelines, running a smooth operations team, but also including indirectly managing/supporting outsourced service providers (CapGemini), or any other Stryker Centralized Finance service center.
Tax: Ensuring all Corporate & Local Tax reports and requirements are completed within Corporate guidelines and local regulations. Liaising and communicating regularly with the International Tax department. Minimum Qualifications Ideal requirements: