Senior Financial Analyst, UK&I

Permanent Contract

Based in Newbury, UK

Hybrid: 2 Days Per Week in Office.

About Stryker

Stryker is one of the world’s leading medical technology companies and together with our customers, we are driven to make healthcare better. The Company offers a diverse array of innovative medical technologies, including orthopaedics, medical and surgical, and neurotechnology & spine products to help people lead more active and more satisfying lives. Stryker products and services are available in over 100 countries around the world.

We are proud to be named one the World’s Best Workplaces and a Best Workplace for Diversity by Fortune Magazine and have been consistently recognised by Great Place To Work in the UK.

Learn more about our award-winning organization by visiting www.stryker.com

The Role

Stryker is looking for a talented senior financial analyst to join its UK finance team. Our goal is to be a best-in-class function, comprised of ethical, talented and engaged people that support our business and customers. 

This role reports directly to the UK Business Controller and requires a strong partnership with our local and European finance teams, enabling functions leaders and business partners across all commercial divisions.

This role is critical to driving meaningful financial and commercial insights, delivering valuable business support and advice, and supporting compliance aspects of finance. This includes driving the budgeting, planning and actual reporting cycles; focusing on continuously improving quality and efficiency. The goal of the role is to increasingly drive greater insight into business and customer performance through targeted analysis and involvement in deal arrangements.

Key Activities and Accountabilities:

Business Partnering and Financial Analysis

• Enhance and deliver standardized monthly/quarterly country performance reporting to key stakeholders in the organisation, including key leadership stakeholders.
• Proactively develop dashboards that deliver powerful and actionable insights to the commercial organisation. Partner with the organisation to drive adoption of these and drive financial performance.
• Provide targeted analytical support to the commercial business to gain a better understanding of market trends, customer trends, and sales channel performance.
• Develop a right sized and consistent approach to UK finance business partnering across various enabling functions and commercial divisions.
• Deliver strategic insights to our business partners by analysing financial data, identifying trends, and advising management on performance improvement and cost-reduction to drive business decisions.

• Develop a deep understanding of our business’ revenue drivers, including structured deals. Own sales and margin analysis and investigations.

• Work closely with the Business Controller and Finance Manager to ensure best and correct accounting and tax advice for deal structures.
• Respond to ad-hoc questions and requests for analysis by business and finance stakeholders

Budgeting and Forecasting

• Lead the UKs annual budgeting and quarterly forecasting cycles. Coordinate across a complex matrix organisation to ensure accurate, timely and comprehensive submissions delivered alongside clear communication of known risks and opportunities.
• Collaborate with enabling functions leaders to build the Enabling Functions budget submission
• Develop comprehensive reporting and dashboards that allow clear understanding and interrogation of budget and projection assumptions.
• Collaborate with Divisional Finance Leads regarding key budgeting assumptions, aligning with local business for input.

Financial Results and Reporting

• Provide analysis and insights into variances between actual and expected financial results, including owning monthly commentary submissions to Europe on Sales & Margins, Opex and Cashflow.
• Review P&L and Balance Sheet information to identify errors or exceptions and collaborate with the Finance Manager to ensure these are corrected appropriately.

Other

• Build and foster strong relationships across European finance teams to ensure robust core processes deliver seamless accounting with minimal manual intervention and high efficiency. Proactively share and learn from best practices across the region.
• Actively promote an environment of trust and high engagement, and a robust culture of process improvement
• Coach and feedback to team members across European finance
• Support ad-hoc projects or information requests as they arise

Qualifications and Experience:

• Professional certification in accounting (i.e. ACCA, CIMA, ICAEW)
• Substantial (e.g. 3-5 years, role-dependent) experience in a commercially aware finance role; delivering data analysis, financial insights and financial reporting within a large organisation (preferably US).
• Experience of healthcare companies preferable but not essential.

• Practical experience of advanced use of Microsoft Excel and PowerBI (or equivalent) to deliver financial modelling and data insights.
• Interest in adopting new digital technologies, i.e. Co-Pilot, desirable.

Competencies

• Proactive - A self-starter who can define priorities and manage the complexities of multiple tasks/projects. Has a pro-active and independent personality, ability to manage their own workload and prioritise appropriately
• Strong internal drive and motivation to make a difference and add value to an organisation
• Planning/organisation – Understands what is needed to accomplish project objectives and establish appropriate goals and priority. Able to work under tight deadlines, multi-task and be flexible to cope with changing priorities
• Attention to detail – takes pride in their work and delivers exceptional quality
• Strong communication and presentation skills (verbal and written) and interpersonal skills, attention to detail and ability to communicate complicated issues effectively
• Decision making/judgement – Selects effective approaches to solving issues, based on available information and business objectives
• Relationship builder – Builds and maintains relationships with key internal and external stakeholders that support and improve effectiveness. Demonstrated ability to work across levels within the organization

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