Senior Process Improvement Manager

The Karl Storz US Finance and Accounting Process Improvement Manager is responsible for leading initiatives aimed at enhancing the efficiency and effectiveness of the financial and accounting processes within the organization that includes the following specialties: Operations Accounting, Corporate Accounting, Cost Accounting, Lessor Accounting, Payroll, Sales Compensation, Accounts Receivable, Accounts Payable, and Financial Planning & Analysis. This role involves analyzing current processes, identifying areas for improvement, implementing changes, and ensuring that these improvements align with the overall business goals and regulatory requirements.

• Conduct thorough analyses of existing finance and accounting processes to identify inefficiencies and areas for enhancement.

• Develop and implement process improvement plans to streamline operations, reduce costs, and improve accuracy.

• Utilize data analytics to monitor the performance of accounting processes and to identify trends and opportunities for improvement.

• Lead and manage process improvement projects from inception to completion, ensuring that objectives are met on time and within budget.

• Collaborate with cross-functional teams, including IT, finance, and operations, to ensure successful project execution.

• Develop project plans, set timelines, allocate resources, and monitor progress to ensure successful outcomes.

• Ensure that all process improvements comply with relevant accounting standards, regulations, and internal policies.

• Identify and mitigate risks associated with process changes, ensuring the integrity and accuracy of financial reporting.

• Conduct regular audits of financial processes to ensure adherence to established protocols and standards.

• Communicate process changes and improvements to key stakeholders, including senior management, to ensure alignment and support.

• Prepare and present reports on process improvement initiatives, highlighting successes, challenges, and areas for further enhancement.

• Act as a liaison between the finance team and other departments to address concerns and gather feedback on process improvements.

• On an ad hoc and temporary basis provide managerial support to the controllership functions to assist in the completion of time sensitive deadlines.

S4 Hana ERP System Upgrade

• Serve as accounting Subject Material Expert (SME) for the S4 Hana implementation.

• Identify accounting requirements for S4 Hana and work with IT to implement.

• Identify operational efficiency opportunities impacting the finance function and drive process improvement through automation in ERP system.

II. Minimum Knowledge, Education and Skill Requirements

Required

• Bachelor’s degree in finance, accounting, business administration, or a related field; a master’s degree is preferred.

• Professional certification such as CPA, CMA, or Six Sigma is highly desirable.

• Minimum of 10 years of experience in finance or accounting, with a focus on process improvement and project management.

Minimum hard skill requirements (including computer and application proficiency):

• Strong knowledge of US GAAP

• Proven ability to work with SAP (FI-CO, SD, MM, BI, Hana) or comparable ERP systems

• Advanced Excel (V-lookups, pivot tables, data tables), PowerPivot is a plus

Minimum soft skill requirements:

• Experience in internal control and segregation of duties management.

• Strong analytical skills (ability of analyze large operational and financial data sets, design visualization models to drive the decision making, identify and drive process improvements from data analytics).

• Manage department deliverables ensuring deliverable accuracy and timely completion, accountability.

• Create, nurture, and leverage a network of influencers and stakeholders throughout the KSUS and global organization.

• Strong work ethic.

• Ability to work independently with minimal supervision.

• Strong organization and prioritization skills (ability to manage team deliverables and cross functional projects in parallel).

III. Essential Function

Must be able to maintain productive working relationships and treat fellow employees with respect. Need to have excellent written and verbal skills. Must have strong management presentation skills.

MA Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Eligible Employee Benefits

• Medical / Dental / Vision including a state-of-the-art wellness program and pet insurance, too!
• 3 weeks vacation, 11 holidays plus paid sick time
• Up to 8 weeks of 100% paid company parental leave; includes maternal/ paternal leave, adoption, and fostering of a child.
• 401(k) retirement savings plan providing a match of 60% of the employee’s first 6% contribution (up to IRS limits)
• Section 125 Flexible Spending Accounts
• Life, STD, LTD & LTC Insurance
• We prepay your tuition up to $5,250 per year! – Tuition pre-imbursement
• Fitness reimbursement of up to $200 annually
• And much more!

KARL STORZ reserves the right to change or modify the employee’s job description whether orally or in writing, at any time during the employment relationship. Additionally, KARL STORZ, through its supervisors, may require an employee to perform duties outside their normal description within the sole discretion of the supervisor. Employees must comply will all applicable KARL STORZ policies and procedures.

Credentialing requirements at KARL STORZ

KARL STORZ is committed to maintaining a safe work environment for our employees and customers. Most field-based roles at KARL STORZ require hospital credentialing/health screens as a condition of employment. Credentialing can include required vaccinations, health screens & other requirements as outlined by our customers. During the interview process, we encourage you to ask how credentialing/health screens may impact the role you are seeking and if you require any reasonable accommodations regarding these requirements.

Pay Transparency

The pay range and/or hourly pay rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job posting and may be modified in the future. When determining a specific team member’s base salary and/or hourly pay rate, several factors will be considered including such things as location, specialty, service line, years of relevant experience, education, professional credentials, internal equity, and the amount budgeted for the role.

Equal Employment Opportunity & Reasonable Accommodation Statement

KARL STORZ is committed to creating an inclusive space where employees are valued for their skills and unique experiences. To achieve this goal, we are committed to diverse voices, and all applicants will receive consideration without regard to race, color, sex, national origin, disability, veteran status, or any other protected characteristic. KARL STORZ is also committed to providing reasonable accommodations during our recruitment process. Should you need assistance or accommodation please email us at taoperations@karlstorz.com.

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