Senior FP&A Analyst in Hamilton at Stryker Corporation

Date Posted: 7/22/2020

Job Snapshot

Job Description

The Senior Analyst, Financial Planning & Analysis is responsible for the financial reporting and analysis for Canada, certain commercial business units and internal departments. This will include both standard and ad-hoc reporting relating to monthly divisional sales, P&L’s and departmental expenses. This role is a key contributor to explaining monthly performance and variances to budget or forecast. In addition, this role is responsible for preparing the monthly and quarterly projections for sales and operating income.  This individual must serve as a contributing member of the Finance team while championing Stryker’s Mission and Values.

Who We Want

Detail-oriented process improvers. Critical thinkers who naturally see opportunities to develop and optimize work processes – finding ways to simplify, standardize and automate.

Business-oriented evaluators. People who effectively interpret financial information to demonstrate the effects of business initiatives, regulation and industry trends for sales, management and leadership teams.

Strategic thinkers. People who enjoy analyzing financial data for the purposes of planning, forecasting, advising, budgeting, reporting, and sales opportunity identification.

Collaborative partners. People who build and leverage cross-functional relationships to bring together ideas, data and insights to drive continuous improvement in finance functions.

What You Will Do

Individual Responsibilities:

  • Proactively collaborates with internal teams/departments to promote a culture of inclusiveness and cooperation
  • Responsible to live and exemplify Stryker’s Values: Integrity, Accountability, People, and Performance
  • Strong verbal and written communication skills, drive for results, and customer focus with the ability to interface with all areas and levels of the company

Functional Responsibilities:

  • Manage minimum of 3 to 4 TOM divisions in portfolio, Canada Business Operations and Canada consolidated performance
  • Perform detailed financial analysis and follow-up on commercial business unit monthly performance versus budget or forecast related to sales, gross-margin and price/volume/mix analysis
  • Analyze and report on monthly departmental and cost center expense variances to budget or forecast.  Guide cost center managers in situations of over or under spend
  • Prepare flash and projection commentary for Canada, Divisions and Group Reporting. Actively participate in Corporate flash monthly review calls and lead divisional reviews
  • Responsible for ad-hoc analysis and information requests from Canadian business unit leaders, Divisional leaders and Canada leadership team (CLT). Present findings at CLT and Group business review meetings
  • Works collaboratively with business partners in preparation and distribution of standard business unit reports
  • Play an integral role in modeling new initiatives and project implementation
  • Lead the preparation of budgets, projections, and strategic plans for Stryker Canada and business units working closely with the business unit leaders.  Build business case for new headcount or incremental spend initiatives related to budget
  • Actively participate in roll-up of PTQ and commission compensation plans to ensure aligned with budget targets and dollars
  • Prepare detailed sales build-up by product category and monthly phasing of sales ensuring appropriate margin flow through
  • Develop Excel templates / financial models for financial performance improvement initiatives. Complete process deep dives to identify root cause and implement sustainable and appropriate corrective issues or processes
  • Direct day-to-day activities and mentor the FP&A analyst to ensure appropriate cross-training and reporting accuracy and timeliness
  • Work collaboratively with financial reporting team to develop the balance sheet and cashflow assumptions for budgets, forecasts and strategic plans.  Ensure alignment with assumptions and corporate timelines
  • Oversee loading of budget and projection information into Hyperion for income statement, balance sheet, cash flow and headcount reporting by Divisional and Corporate timelines 
  • Preparation of PowerPoint slide decks for business reviews, budget/forecast meetings, and any ad-hoc meetings Collaboration with Divisional finance teams on reporting and ad-hoc requests
  • Key member on acquisition integration projects or restructuring initiatives. Participation in project meetings and building of integration activities and timelines
  • Preparation of budgets for new acquisitions working closely with acquisition team to align with acquisition model and assumptions built for first 5 years.  Complete post-acquisition reporting on local acquisition performance against model
  • Drives continuous improvement with respect to quality of financial information (timeliness, accuracy, clarity, transparency) as well as processes and procedures
  • Special projects as assigned; such as cost reduction initiatives (CTG), E&O management, new financial reporting dashboards

Conduct & Compliance

  • Abide by and support the policies set forth in the Stryker Code of Conduct
  • Understand that compliance with the Code of Conduct, as it may be amended by Stryker Corporation from time to time, is a condition of continued employment with Stryker
  • Conduct work in compliance with all laws, rules, and regulations and in accordance with Stryker’s high ethical standards
  • Report any violations of these policies and procedures to Stryker management or in the manner outlined in Stryker’s Ethics Hotline Policy
  • Excellent interpersonal skills; comfortable dealing with all levels of management and maintaining relationships with all stakeholders
  • Proficient with management of meetings & ability to lead cross-departmental projects, influencing without authority
  • Highly proactive and action oriented with a willingness to drive improvements and change
  • The ability to think outside the box in relation to process improvement and data integrity

What You Need

  • University Degree in Business with a concentration in accounting/finance required
  • Professional accounting designation CPA (CGA, CMA, CA) required
  • Minimum 4 years of budget/forecast planning/analysis and/or accounting experience required
  • Strong understanding of GAAP required
  • Expert knowledge of Oracle 11i ERP, Hyperion and Cognos or similar systems required

Work From Home: Occasional

Travel Percentage: 0%

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