Work Flexibility: HybridPosition summary:Assist to maintain overall control and responsibility for all financial aspects of Indirect Channels for related business units. 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 support manager with setting commensurate Indirect Channel compensation, Fair Market Values and books & records of the Indirect Channels.Essential Duties & Responsibilities: (Detailed Description)ICM ManagementSupport ICM finance manager to 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.Fair Market Value (FMV) ManagementAssist in setting & 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.Support Indirect Channel contracts review 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.Support to provide input for Fair Market Value information by providing internal data on an annual basisMonitor any one-off deals for Indirect Channels outside of the contract, considering business rationale as well as ensuring rationale is properly documented. Escalate to manager or regional team in case outside of Fair Market Value range.Books & Records ManagementConduct books & records questionnaire assessment 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 related business units’ commercial team on books & records requirements for Indirect Channels.Visit specific strategic Indirect Channels to train the IC teams on Stryker’s books & records requirementsOthersAssist in effective communication and escalation where necessary of (financial) analysis to the country Finance and BU commercial LeaderWork with the broader local/regional/global Finance and ICM team.Education & Experience:B.B.A. or B.S. (or equivalent) with an emphasis in Accounting and/or FinanceM.B.A. (or equivalent) with concentration in Finance, Accounting or general business (preferred)CPA or CIA preferred.5+ years related experience, big 4 (preferred)+relevant industry experiencePhysical & Mental Requirements:Excellent analytical skillsExcellent PC skills including spreadsheet and word processing applicationsExcellent written and interpersonal communications skillsAbility to build strong working relationships both in-country as well as with regional teamsFluent in English and MandarinFamiliar with local GAAP, US GAAP and Sarbanes Oxley ActTravel Percentage: None
