At Globus Medical, we move with a sense of urgency to deliver innovations that improve the quality of life of patients with musculoskeletal disorders. Our team is inspired by the needs of these patients, and the surgeons and healthcare providers who treat them. We embrace a culture of exceptional response by partnering with researchers and educators to transform clinical insights into tangible solutions. Our solutions improve the techniques and outcomes of surgery so patients can resume their lives as quickly as possible.
Position Summary:
The Director of Financial Operations primary focus is to lead a team that will implement/maintain systems and controls to monitor inventory transactions and movements worldwide. This role is expected to enhance reporting and analysis capabilities, proactively develop or improve scalable processes for Operations Accounting, apply US GAAP, proactively implement SOX compliance controls and procedures, and prepare/review monthly reporting related to COGs, Inventory and Fixed Assets. The Director must be a self-starter, detail oriented, organized and deadline driven.
Essential Functions:
Lead Operations Accounting teams responsible for global inventory and fixed assets
Proactively develop and/or improve Operations Accounting processes and reporting capabilities
Supervise the month-end closing process related to Inventory, COGs, Fixed Assets and Intercompany activities for timely and accurate reporting which includes explanations for actual versus prior year and forecast variances.
Ensure the accuracy of the Company’s inventories including the adequacy of physical count procedures and reliability of reported cycle count and physical inventory results.
Develop and perform controls and procedures over inventory to be SOX compliant.
Work with the independent auditors to ensure that audits are completed in timely manner.
Review journal entries, account reconciliations, reserve calculations and other transactions for completeness, accuracy and timeliness.
Create annual operations budget for worldwide distribution facilities
Partner with the Field Asset Management team to ensure existence and completeness of consigned field inventory.
Maintain and improve process documentation and controls associated with Inventory and COGS
Provide leadership, coaching, direction and growth opportunities to your team, performing those responsibilities in accordance with the Company's established policies.
Perform other duties as assigned.
Represent Accounting/Finance on teams designed to improve operations, reduce costs, etc.
Adheres to the letter and spirit of the company Code of Conduct, the AdvaMed Code, MedTech Code, and all other company policies.
Ensures Compliance with applicable governmental laws, rules, and regulations, both in the United States and internationally, by completing introductory and annual training and maintaining knowledge of compliance as it applies to your role
Represents the company in a professional manner and uphold the highest standards of ethical business practices and socially responsible conduct in all interactions with other employees, customers, suppliers, and other third parties
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
Qualifications:
BS degree in Accounting/Finance, CPA or MBA is a plus.
8+ years of inventory experience with a manufacturing company.
Knowledge of standard costing, work order variances, labor and overhead rates a plus.
5+ years of on hands management experience including hiring, training and development
Strong communication and interpersonal skills; able to work effectively across different functions and levels throughout the company
High degree of strategic and analytical capability, including the ability to analyze a large amount of data.
Knowledge of ERP Systems: SAP and or D365 preferred
Derive energy from facing challenges and provide actionable solutions
Strong commitment and work ethic
Excellent communication and problem-solving skills
Requires a demonstrated ability to be objective and use good judgment
Ability to troubleshoot critical issues in a timely fashion
Ability to excel in a fast paced, deadline driven environment
Good social acumen
Strong conceptual and analytical thinking
Ability to analyze data and provide evidence-based recommendations
Well organized, detail-oriented team player with proven ability to multitask effectively while adapting to changing priorities
Possess intellectual curiosity and drive improvements while working closely with area leadership
Physical Demands:
The physical demands listed here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Required to sit; climb or balance; and stoop, kneel, crouch or crawl
Required to regularly lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds
Required to possess specific visons abilities, including: close vision, distance vision, color vision, peripheral vision, depth perception and capacity to adjust focus
Our Values:
Our Life Moves Us philosophy is built on four values: Passionate About Innovation, Customer Focused, Teamwork, and Driven.
Passionate about Innovation: Improving patient care by delivering advanced technology to our customers is at the core of what we do. We are passionate in our role in improving the lives of patients by continuously developing better solutions.
Customer Focused: We listen to our customers’ needs and respond with a sense of urgency.
Teamwork: Working together, anything is possible. We value every person on our team and treat each other with respect. We are accountable to one another and support each other. Together, we make each other stronger.
Driven: We pursue our mission with energy and passion. We are nimble, results-oriented and decisive. We overcome obstacles that arise in our quest to deliver solutions that will improve the lives of our customers and patients.
Equal Employment Opportunity:
Globus Medical is an equal opportunity employer. All applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, age, disability, marital status, pregnancy, national origin or citizenship. We are committed to a diverse workforce. We value all employees’ talents and support an environment that is inclusive and respectful.
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.