At Zimmer Biomet, we believe in pushing the boundaries of innovation and driving our mission forward. As a global medical technology leader for nearly 100 years, a patient’s mobility is enhanced by a Zimmer Biomet product or technology every 8 seconds. 

As a Zimmer Biomet team member, you will share in our commitment to providing mobility and renewed life to people around the world. To support our talented team, we focus on development opportunities, robust employee resource groups (ERGs), a flexible working environment, location specific competitive total rewards, wellness incentives and a culture of recognition and performance awards.  We are committed to creating an environment where every team member feels inspired, invested, cared for, valued, and have a strong sense of belonging.

What You Can Expect

This role will execute the Intercompany & Inventory Accounting activities including Trading Partner agreements and disputes, investigating out of balance intercompany and inventory accounts, collaborating with In-Country Finances teams to resolve identified discrepancies, and executing Profit in Inventory Elimination (PIE) activities including reporting and variance analysis.

How You'll Create Impact

 

Principal Duties and Responsibilities:

Analyze Trading Partner Agreements & Disputes, and manage the coordination between Trading Partners, on both sides of the transaction, with respect to requests for additional inputs and detail to support the dispute case;Manage and oversee Business Process Outsourcing (BPO) resources to ensure timely completion of transactional activities associated with Intercompany & Inventory process;Review the Intercompany and Inventory reconciliations completed by the BPO;Initiate and manage the investigation of reconciling items identified in the reconciliations;Conduct aging analytics on open invoices and goods in transit balances, and complete investigations of balances outside of the materiality threshold;Execute market PIE Roll-forward process on a monthly basis to identify and resolve reconciling differences.Calculate budgeted/forecasted PIE transactional FX for the EMEA Region, and submit to the Corporate team for consolidation.Calculate actual PIE transactional FX for the EMEA Region, compare results to budgeted/forecasted FX, and submit the calculation and analysis to the Corporate team for consolidation.Manage and oversee HFM mapping for Intercompany and Profit-in-Inventory-Elimination (PIE) -relevant accounts;Respond to requests and inquiries from regional markets, the Global CoE team, Regional Finance and Corporate Accounting;Manage the escalation of issues to In-Country Finance teams, as needed.What Makes You Stand Out

Expected Areas of Competence (i.e., knowledge, skills and abilities)

 

Experienced and proficient with Intercompany and Inventory accounting;Strong understanding of US GAAP or IFRS in relation to inventory required;Strong analytical skills and are a strong communicator;Experience in project and resource management.Proficient in Microsoft Office products, especially Excel and Powerpoint.Experience with SAP Business Planning and Consolidation (BPC) and/or HFM is preferred.Knowledge of data analytics (e.g. Alteryx) is beneficial.Your Background

Education/Experience Requirements

 

Bachelor degree in accounting and preferably a Master degree in business or accounting;Experience in a finance or accounting position for 4 or more years, and you have focused on Inventory Accounting and/or Intercompany/Accounts Payable Accounting for at least 2 years;CPA certification or equivalent preferred.

EOE/M/F/Vet/Disability