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Sr. Analyst, Royalties (Hybrid)
- Stryker (Mahwah, NJ)
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The Senior Analyst, Royalties will be a key member of the Orthopaedics Royalties team. This individual will own a portfolio of royalty contracts between Stryker and Health Care Professionals (HCPs) within the Trauma and Extremities (T&E) division. This includes performing the month-end close process to prepare and post accrual entries for the T&E division, as well as preparing balance sheet reconciliations for the respective accrual accounts. They will also be responsible for calculating payments and working with the high-risk payment team to ensure timely payments are made. Additionally, this role will support cross-functional business partners and the Orthopaedics Controller’s FP&A team with ad-hoc requests as needed.
What you will do:
+ Perform general ledger accounting operations for month-end close activities, including posting journal entries and preparing reconciliations for T&E royalties
+ Calculate quarterly royalty payments, prepare statements, and partner with the high-risk payment team to process payments timely
+ Communicate directly with the third-party Health Care Providers (HCPs) by sending quarterly statements and answering any follow-up questions
+ Partner with tax team to assist with the preparation of quarterly tax forms related to royalties
+ Partner with Intellectual Property, Legal Counsel, Marketing & R&D teams on matters relating to royalty contracts
+ Perform ad-hoc analyses to support Business Partner needs and Orthopedics Controller’s Group
+ Recommend and implement process improvements to ensure integrity and efficiency with a focus on automation
+ Provide general support for Orthopaedics Controller’s group FP&A team as needed
+ Provide support on audit queries (external and internal)
+ Execute controls for owned processes (SOX)
What you need:
+ Bachelor’s degree required
+ 2+ years’ experience in accounting and/or finance
+ Proficiency with Excel
Preferred:
+ Experience in cross-functional partnering
+ Experience with Oracle, JDE, Power BI
+ Ability to interpret and analyze data accurately and efficiently
$69,100 - $139,600 salary plus bonus eligible + benefits. Actual minimum and maximum may vary based on location. Individual pay is based on skills, experience, and other relevant factors.
Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker 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 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.
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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