Manager, Indirect Channel Finance NOLA

Posted 2 Days Ago
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Bogotá, Distrito Capital
Senior level
Healthtech • Other • Robotics • Biotech • Manufacturing
Together with our customers, we're on a mission to make healthcare better.
The Role
The Manager of Indirect Channel Finance is responsible for overseeing all financial aspects of Indirect Channels in North LatAm, including conducting financial analyses, selecting and managing contracts, and ensuring compliance with regulations. The role includes training teams and collaborating with various stakeholders to meet financial objectives within the business.
Summary Generated by Built In

Work Flexibility: Hybrid

What You Will Do

Maintains overall control and responsibility for all financial aspects of Indirect Channels for the North of LatAm, including Medical and Neurovascular. The incumbent is expected to provide financial analysis and implement recommendations based on these findings. Works closely with Indirect Channel Management team to select, onboard, monitor, evaluate and renew or terminate Indirect Channels, with a specific focus on setting commensurate Indirect Channel compensation, Fair Market Values, and books & records of the Indirect Channels. This role reports to the Country Finance leader and will have no direct reports.

  • Work with local and regional Indirect Channel team 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;

  • Set & Review indirect channel compensation at selection of the Indirect Channel and at renewal of the contract versus fair market value and escalate in case outside of range; review Indirect Channel contracts with a specific focus on compensation and termination clauses. Ensure the contract clauses are properly reflected in any accounting entries (e.g. rebates, revenue recognition etc);

  • Be local point of contact for the Indirect Channel system. Responsible for completeness and accuracy of Indirect Channel compensation data in this system, including periodic updates; provide input for Fair Market Value information by providing internal data on an annual basis;

  • Monitor & approve any one-off deals for Indirect Channels outside of the contract, taking into account business rationale as well as ensuring rationale is properly documented. Escalate to regional teams in case outside of Fair Market Value range;

  • 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; take part in periodic business review of Indirect Channels and focus on financial KPI (pricing, IC compensation) as well as books & records capabilities. Provide advice to Commercial / ICM team on decision to renew or terminate contract;

  • Train the country Commercial team on books & records requirements for Indirect Channels; visit specific strategic Indirect Channels to train the IC teams on Stryker’s books & records requirements;

  • Effectively communicate and escalate where necessary (financial) analysis to the country Finance Leader; participates in the setting of overall ICM goals and priorities; work with the broader local/regional/global Finance and ICM team.

What You Will Need

Required:

  • B.B.A. or B.S. (or equivalent) is required.

  • Fluency in English;

  • 8-10 years of work experience;

  • Excellent analytical skills, PC skills including spreadsheet and word processing applications.

  • Familiar with local GAAP, US GAAP and Sarbanes Oxley Act;

Preferred:

  • B.S with an emphasis in Accounting and/or Finance; M.B.A. (or equivalent) with concentration in Finance, Accounting or general business;

  • CPA preferred.

Travel Percentage: 20%

Top Skills

Excel
Microsoft Word
The Company
HQ: Kalamazoo, MI
51,000 Employees
On-site Workplace
Year Founded: 1941

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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