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Stryker Finance Manager (Indirect Channel Management) in Seoul, South Korea

Why finance at Stryker?

Are you looking for a profitable and growing company with a great culture and reputation? Stryker was recently named one of the Best Workplace in the WORLD by Fortune! Here, you will have many opportunities to learn and grow as we offer development opportunities unique for each employees needs including training, certifications, mentorship, leadership programs, tuition reimbursement, one-on-one coaching and more!

About the Role

As Stryker continues to scale our growth, ensuring our indirect channel partners' business processes and financial practices are sustainable and compliant with Stryker's policies is a critical part of upholding our values of Accountability and Integrity.

As the Finance Manager (Indirect Channels Management) , your key responsibility is to maintain overall control on all financial aspects of our Indirect Channels business strategy in South Korea.

In this highly visible role, you will build and leverage regional cross-functional relationships (e.g. regional ICM teams, Commercial, Legal, Compliance) to bring together ideas, information and industry analyses to develop best practices. You will conduct financial analyses and implement recommendations based on your findings, bringing the stakeholders along in the journey.

This role is suitable for someone with a strong background in external and internal audit / internal control, looking to gain wider exposure in commercial and business strategy, and to leverage their financial knowledge to help grow the business sustainably.

Key Responsibilities

  • Work with Indirect Channel Management (ICM) teams to review the indirect channel business strategy and ensure sustainable and compliant growth, providing guidance and enacting control from the Finance perspective.

  • Work together with the ICM teams to select, onboard, monitor, evaluate and renew or terminate Indirect Channels, providing advice from the Finance perspective.

  • Review Indirect Channels financial books & records questionnaire as part of selection process. Provide clarity on expectations and work with Commercial teams on books & records remediation plans.

  • Set guidance for Fair Market Value information by providing internal data and collecting external data on an annual basis.

  • Set & review Indirect Channels compensation at selection and renewal of contract versus Fair Market Value and escalate accordingly for cases outside of range.

  • Review Indirect Channel contracts with a specific focus on compensation and termination clauses. Partner with controllership team to ensure contract clauses are reflected in accounting records.

  • Be the local point of contact for the Indirect Channels system. Responsible for completeness and accuracy of Indirect Channels compensation data in this system, including periodic updates.

  • Monitor and report on one-off deals for Indirect Channels outside of contracts, taking into account business rationale and ensuring it is properly documented. Escalate accordingly for cases outside of Fair Market Value range.

  • Be an active part of Indirect Channels business reviews bringing a f ocus on financial KPIs (pricing, Indirect Channels compensation, etc.) as well as books & records capabilities.

  • Identify gaps and opportunities to enhance efficiencies in existing processes.

  • Support audits and implement action plans in a timely manner.

  • Provide books & records training to commercial teams and Indirect Channels as necessary.

Requirements

  • Bachelor's degree or equivalent in Finance / Accountancy.

  • Professional qualifications such as CPA or Chartered Accountant is highly preferred.

  • 8 to 10 years of combined experience in external audit firms and internal audit / internal control roles in commercial firms.

  • Experience gained in MNC environments is highly advantageous.

  • Fluent in Korean and English (written and spoken).

  • Familiar with KSOX or US SOX or FCPA risks management.

  • Prior people management experience is required.

  • Excellent organizational, analytical and problem solving skills.

  • Good business acumen and demonstrated ability to scale learning curves quickly.

  • Excellent interpersonal skills to build strong working relationships both in-country as well as with regional teams

About Stryker

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 stryker.com. (http:)

Stryker Corporation is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, gender identity, sexual orientation, national origin, disability, or protected veteran status. Stryker is an EO employer – M/F/Veteran/Disability.

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