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Senior Inventory Accountant (Global)

Boston Scientific

Boston Scientific

Accounting & Finance
Kerkrade, Netherlands
Posted on Oct 10, 2024

Additional Locations: N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

Purpose and Passion • Comprehensive Benefits • Life-Work Integration • Community • Career Growth

At Boston Scientific, you will find a collaborative culture driven by a passion for innovation that keeps us connected on the most essential level. With determination, imagination and a deep caring for human life, we’re solving some of the most important healthcare industry challenges. Together, we’re one global team committed to making a difference in people’s lives around the world. This is a place where you can find a career with meaningful purpose—improving lives through your life’s work.

As a global medical technology leader for more than 40 years, our mission at Boston Scientific (NYSE: BSX) is to transform lives through innovative medical solutions that improve the health of patients. If you’re looking to truly make a difference to people both around the world and around the corner, there’s no better place to make it happen.

Global Business Services

The Global Business Services (GBS) team is a function established within Boston Scientific, designed to improve the efficiency of key business processes by taking opportunities to drive standardization, leverage resources, knowledge and skills and monitor the effectiveness of service delivery against benchmarks and service level agreements. Our team has a great diversity of personalities with an international background and functional expertise.

The vision of GBS at Boston Scientific is to be recognized as a world-class Center of Operational Excellence driven by the desire for excellence in its people, processes, execution and business partnerships. GBS is designed to deliver significant business benefits to employees and customers of Boston Scientific and is championing the development of a continues improvement culture. We are developing a performance-based culture supported by tools, training and well-defined accountability, where people can build their career or prepare for a role in the wider business or elsewhere within GBS.

Recently the GBS streamlining has undergone a revised approach to step away from regional thinking and behavior and is transforming existing and new service lines into a global view of standardization.

Senior Inventory Accountant (Global)

About the role:

The candidate is a subject matter expert for inventory accounting and analyses on global level. The job is a mix of approximately 35% accounting and 65% analyses for the designated manufacturing sites, Tier 1 and Tier 2 EMEA warehouses and consignment inventory. You are the point of contact for all things inventory, and you drive behavior and influence stakeholders across the regions. You operate within a multi-cultural, diverse and inclusive driven team. It is expected that you pro-actively identify ways to improve and streamline processes and are leading the implementation of process improvements and standardizations while cooperating with other GBS business process leads. The candidate performs a variety of complex duties related to balance sheet and profit and loss chart of accounts. Moreover, at early stage after being hired the candidate will take lead in project management to assist setting up the global view for inventory accounting team(s) as highlighted in GBS description.

Your responsibilities include:

  • Be a solid business partner and subject matter expert, with other global finance teams, supply chain management, divisional central accounting, FP&A, business controls and multi region GBS teams.
  • Own global inventory accounting (processes), analysis and reporting, including designated manufacturing sites, global warehouses, and associated consignment inventory.
  • Drive and strive for global standardization, via LEAN methodologies and work with different automatization groups to improve efficiency and effectiveness.
  • Own and safeguard key SOX controls related to inventory and cost of goods sold accounting. This includes, amongst but not limited to, full inventory reserves and inventory verification processes.
  • Execute month/quarter/year-end close processes to ensure timely and accurate close and financial reports preparation.
  • Determined focus on analyzing (balance sheet and profit and loss) accounts, preparing reports, reconciling accounts, and performing the monthly financial close and consolidation, external and internal reporting, monitoring SOX/internal control requirements, support audits, and maintaining & performing software interfaces with SAP.
  • Drive compliance in all finance-related matters and ensure compliance with Corporate and local policies, statutory requirements and GAAP principles.
  • Support internal and external audits and audit-related accounting matters (SOX, Global Internal Audit).
  • Participate in implementing quality requirements in all aspects of the financial process.
  • Ensure all activities comply with legal demands, ethical standards and the Internal Quality Management System

Qualifications:

  • Bachelor Financial accounting or Business Economics
  • 5+ years relevant experience
  • SAP experience, additional automation capabilities are a plus
  • Fluent in English, additional language capabilities are a plus
  • DE&I minded individual
  • Strong verbal & written communication skills and focus on building relationships
  • Self-motivated yet team player and takes ownership in all responsibilities
  • Change agent that focuses on a high level of quality
  • Continuous Improvement and analytical mindset
  • Role to be filled at Senior Accountant level with demonstrable experience and skillset

We offer:

• Work in an international environment & globally focused environment
• Being part of an exciting Global Business Services team
• Opportunity for LEAN certifications
• Focus on authentic individual career goals

Requisition ID: 592159

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!