Director, Revenue Accounting

Stryker Employment Company • Portage, MI

227d • $129,000 - $286,500 • Remote

About The Position

The Director, Revenue Accounting is a key leader for the Medical Division. This position will lead our global revenue accounting operations for the Medical Division, with an emphasis on software revenue recognition and standalone sell price allocation. This key role will provide leadership, support to the business, and day-to-day management and oversight of all aspects relating to revenue accounting. This is a great opportunity for someone passionate about influencing through change to achieve results and are motivated by the challenge of a dynamic, high-growth environment. This position reports to the VP, Finance. This position partners closely with corporate technical accounting as well as compliance teams. This person is responsible for building and developing a team within our Medical Finance function to provide excellent service levels to the division, delivering on month-end close responsibilities, maintaining internal controls, and providing technical accounting guidance for complex transactions.

Requirements

• Bachelor's Degree in Accounting or Finance required.
• CPA Certification or equivalent preferred.
• 10+ years of experience, with leadership and specific complex revenue recognition analysis experience highly preferred.
• Thorough comprehension and working knowledge of U.S. GAAP revenue recognition rules.
• Experience with ASC 606.
• Deep understanding and demonstrated experience in proper revenue accounting processes under current revenue recognition methodologies for software, hardware, and multiple arrangements.
• SAP and RevPro experience is highly preferred.
• Strong verbal and written communication skills; able to understand, apply and explain complex accounting theories, concepts, and processes in ways that non-technical partners can understand.
• Ability to interact with senior management and influence outcomes across all levels of the organization.
• Experience communicating and articulating an issue or point of view to a varied audience both verbally and in writing.
• Experienced at working effectively across multiple levels of an organization and building successful cross functional partnerships.
• Influential leader that can implement change and is motivated by the challenge of a fast-paced, high-growth global environment.
• Proven ability to lead and motivate teams. Achieves organizational focus on key priorities, provides clear direction, delegates, actively communicates and coaches.
• A committed mentor, people developer and team builder.
• Experience in diagnosing, isolating, and resolving complex issues and recommending and implementing strategies to resolve problems.
• Demonstrated experience in leading continuous improvement initiatives, root cause analysis, and project management.
• Ability to meet the rigorous deadlines of a growth company; ability to multitask and prioritize responsibilities, coordinate and manage multiple projects.
• Fluency in English required.

Responsibilities

• Partner effectively with the Commercial leadership team to drive bookings and revenue goals through strategic decision making while ensuring compliance with internal policies and GAAP.
• Key member of the finance leadership team. Goals will include partnering with the business, accurately reporting revenue, and driving value creation for the business.
• Build, manage, and develop revenue accounting team that serves the Medical division to perform complex accounting.
• Strategically design and adjust team structure as needs evolve.
• Attract, develop, engage, and align talent in the Revenue Accounting department, including importing and exporting talent throughout Stryker.
• Own the development and implementation of revenue policies and procedures including review of contracts to ensure proper revenue recognition.
• Oversee accounting research and implementation of new revenue accounting standards and ensure all policies are documented and applied globally.
• Drive the month and quarter-end close processes for the revenue team while supporting FP&A in building bookings and revenue forecasts.
• Serve as a core team member for strategic initiatives (potential M&A, operating plans, profitability analysis).
• Function as subject matter expert on ASC 606, with special emphasis on software revenue recognition.
• Research GAAP and apply to transactions as needed. Document assessments and conclusions in accounting position memos.

Benefits

• $129,000- $286,500 salary plus bonus eligible + generally eligible for short-term and long-term financial incentives + benefits.
• Actual minimum and maximum may vary based on location. Individual pay is based on skills, experience, and other relevant factors.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree