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Together with our customers, we're on a mission to make healthcare better.
The Role
The Associate Finance Manager ICM will review indirect channel strategies, oversee compliance, and conduct financial evaluations while collaborating with cross-functional teams.
Summary Generated by Built In
Work Flexibility: Onsite
What you will do
- Work with country and regional ICM and FICM teams 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.
- Review books & records questionnaire 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.
- Conduct a data driven Fair Market Value (FMV) review of Indirect Channels on annual basis to ensure mitigating financial risks. Provide input for Fair Market Value information by providing internal data and collecting external data on an annual basis. Review the cases which are outside of range and take necessary actions if needed.
- Review Indirect Channel contracts with a specific focus on compensation and termination clauses. Working with controllership team to ensure contract clauses are reflected in accounting records.
- Perform Monitoring reporting on one-off deals for Indirect Channels outside of the contract, taking into account the business rationale as well as ensuring rationale is properly documented. collaborating with the Pricing team to address any deviations and strengthen controls.
- Drive structured periodical business review of Indirect Channels and focus on financial KPI (pricing, IC compensation) as well as books & records capabilities. Share key findings with regional FICM and leadership. Conduct reviews and data analytics for channel partners, analyzing profitability, sales trends, and financial risks to drive informed decision-making and forecasting.
- Support audits and implement action plans in a timely manner. Provide books & records training to commercial teams and indirect channels as needed, reinforcing Books & records expectations and best practices.
- Foster strong cross-functional collaboration by partnering with Compliance, Legal, Commercial, Finance, and ICM teams to strengthen governance frameworks. Look for opportunities to enhance efficiencies in existing processes.
- Effectively communicate and escalate where necessary to regional FICM team
What you need
- Minimum 7 to 10yrs years related experience in Accounting, FP&A, Internal Control & good analytical skills
- Excellent PC skills including spreadsheet and word processing applications.
- Ability to build strong working relationships both in-country as well as with regional teams
- Knowledge in internal controls, FCPA, and relevant regulations to ensure compliance in channel partner management & knowledge of Power BI is a plus
- Curiosities to commercial strategy and business model, strong learning agility & familiar with local GAAP and SOX
- Chartered Accountant or M.B.A with specialization in Finance
Travel Percentage: 20%
Top Skills
Pc Applications
Power BI
Spreadsheet
Word Processing
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The Company
What We Do
Stryker 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 www.stryker.com.
Together with our customers, we are driven to make healthcare better.
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