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Work Flexibility: Hybrid

Division: Stryker India Pvt LtdGlobal Technology Centre (SGTC).

Job title: Sr Manager-Controlling.

Function: Finance.

Percent of travel: 10-20%.

Location:(City, State and /or Country): Gurugram, India.

People Manager.

Reports to: Senior. Director Finance, India

The Company:

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. Stryker products and services are available in over 100 countries around the world. For more information, please visit our website at www.stryker.com.

Position summary:

  • Suppoert Stryker India Finance Sr. Director Finance and APAC Regional Controller in providing overall Controllership to support business requirements, to meet statutory financial reporting requirements, meet compliance requirements, report financial statements accurately and safeguards company’s assets.
  • Partner with senior business leaders to drive agenda and activities of the Controls and Compliance Steering Committees
  • Provide strong leadership to drive implementation and monitoring of an effective internal control framework.
  • Work closely with FICM leader to drive control governance around channel partners.
  • Support Routine Banking and treasury operations in India and manage timely interco. payout
  • Responsible to manage two legal entities of Stryker India.

Essential duties & responsibilities:

FINANCIAL REPORTING, ANALYSIS AND ACCOUNTING

  • Maintain strong oversight of monthly, quarterly and annual closing process with Hongkong Finance Center and Stryker India finance and operations team to ensure reporting of Stryker India financials in compliance with US GAAP, Stryker India’s Corporate Financial Instructions (CFIs) and Indian GAAP
  • Advise the business on technical accounting matters, statutory reporting, controls requirements.
  • Lead the quarterly certification process and discuss appropriate disclosures and their implications with India MD and FD. Ensure documentation and follow up of appropriate remediation plans
  • Lead pre-Quarter close and post-Quarter close discussions, with Region Controller’s office to determine any accounting issues, non-recurring transactions, judgmental reserves and contingencies.
  • Evaluate capex proposals, for compliance with accounting and disclosure requirements of US GAAP, Indian GAAP and Stryker Policies
  • Collaborate with India FP&A team to ensure appropriate accounting treatment is considered for non-recurring transactions and quarterly forecasts.
  • Oversee preparation and reporting of Statutory Accounts & tax consistent with local accounting standards, regulatory requirements.
  • Manage regular cost audits, FEMA compliances and other adhoc compliances

ACCOUNTING OPERATIONS

  • Manage day to day accounting operations including accounting implications of transactions, payment processes and month end activities.

INTERNAL CONTROLS

  • Help lead India’s internal control and internal audit function to build and maintain a strong control environment.
  • Lead regular process risk assessments with functional leaders, process owners and control owners to ensure processes and Sox/Non-Sox controls are well designed, flow charts and SOPs are well documented.
  • Ensure implementation of strong monitoring process of controls to maintain an oversight on the effectiveness of Key Controls and ensure remediation activities for issues identified are on track and delivered
  • Ensure communication and discussion of control issues to India’s CFO and Region Controller’s office in a timely and efficient manner.
  • Lead the initiatives to drive best practices and standardization of processes and controls.
  • Ensure regular training of Control Owners and Process Owners
  • Ensure tracking of internal audit issues and follow up to ensure appropriate remediation plans are put in place to rectify audit issues.
  • Plan and execute internal audits, physical verifications of inventory and fixed assets according to the risk assessment of the business and in compliance with Stryker Policies

AUDIT

  • Monitor statutory audit status and the audit adjustments being proposed by the auditors for the entire Region and its implications on the APAC financials and internal controls.
  • Assist in managing relationship with Deloitte, including audit engagement, procedures, and fees.

TAX, ACCOUNTING AND ANALYSIS

  • Deferred and income tax calculation and GI reporting.
  • Indirect taxes accounting and reporting

TREASURY AND INSURANCE MANAGEMENT

  • Manage treasury function and ensure the availability of fund for operations and capital expenditures both short term and long term.
  • Oversee Working capital and free cash flow reporting & optimization, including forecasting and analysis.
  • Manage Stryker’s insurance and risk matters.

TRANSFORMATION PROJECTS

  • Assist India CFO and APAC Region Controller in being the first point of contact for complex transactions, projects and initiatives contemplated in the region

BUSINESS PARTNERING

  • Forge a strong direct working relationship with the India leadership team
  • Lead quarterly updates to the India CFO on Financial Reporting, Internal Controls and Projects
  • Partner with HKFC and FP&A teams to develop and present analysis of financial statements
  • Partner with Operations in driving inventory control goverancne
  • Partner with Business in driving commercial contracts and complex business models/deal and negotiation

PEOPLE

  • Contribute to building a strong finance talent pool for the India and play important role in India Finance leadership team
  • Lead training of Financial teams on Financial Reporting, US GAAP requirements

Qualifications & experience:

  • Minimum 10-15 years of post qualification experience in Finance/Accounting/Controls/Audits/Financial reporting in a senior controllingor financial management role
  • Chartered accountant, Public accounting experience or similar relevant preferred - Should be CA
  • Good working knowledge of technical accounting (including US GAAP), controls and controls frameworks, SOX, audit processes
  • Broad business acumen and analysis skills
  • Ability to set and drive an agenda and actions, and influence outcomes
  • Ability to communicate and work effectively across diverse cultures
  • Demonstrate openness and honesty, behaving consistently and willing to take a stand for the good of the enterprise
  • Ability to develop and deliver a clear and concise message
  • Must have excellent leadership skills and a big-picture method to approaching tasks.
  • Strong interpersonal and communication skills
  • Self-motivated and self-directed
  • Mandatory -– Relevant accounting/commerce/finance undergraduate qualifications
  • Mandatory – CA or MBA from top tier business school
  • Optional -– Relevant post graduate qualifications looked upon favorably
  • Minimum 12+ years’ experience providing financial support/consultation to a large, complex organization
  • 5+ years in people leadership roles in a finance discipline (commercial Business Partner, business development, head of FP&A, Strategic finance lead)
  • Existing working in Captive Centre and Healthcare Industry experience would be an added advantage

Other requirements:

Domestic and international travel as needed.

Travel Percentage: None

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Confirmed 15 hours ago. Posted 30+ days ago.

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