Controller at Straumann Group in andover, Massachusetts

Job Description:

Straumann Group


Position Title: Controller

Location/s: Andover (MA), United States

Job Category: Finance

Company: STUS - Straumann US

Description:

OVERVIEW

Straumann Group is a global leader in implant, restorative, and regenerative dentistry. Founded in 1954 in Switzerland, Straumann has grown to become a trusted name in dental solutions worldwide. The company is headquartered in Basel, Switzerland, and operates in over 80 countries through a broad network of distribution subsidiaries and partners.

Straumann Group achieved a full-year revenue of CHF 2.5 billion in 2024, with a 13.7% organic growth. This growth reflects our strong market performance and ability to capture market opportunities in addition to our focus on innovation and execution, launching new products like the iEXCEL implant system and the AXS digital platform.

Straumann Group holds a strong market position in North America. Our North American HQ in Andover is also notable for being Straumann’s first manufacturing site outside Switzerland. The facility comprises an 80,000-square-foot production area, our Warehousing & Logistics hub in addition to corporate offices & extensive Training & Education facilities.

Position Summary:

Join Straumann North America (NAM) as a Controller and play a pivotal role in ensuring the integrity of our financial operations. Lead the implementation of SAP S4 FICO, driving seamless integration and alignment with our financial systems and controls. Be a key player in our Global and Regional financial transformation journey!

Key Responsibilities:

SAP S4 FICO Implementation and Ownership:

• Spearhead the planning, execution, and assessment phases of the SAP S4 FICO module implementation.
• Customize and configure the system to meet specific financial processes and reporting requirements.
• Develop and maintain comprehensive project documentation, including scope, timelines, and resource allocation.
• Collaborate with IT and external consultants to ensure technical compatibility and data integrity.
• Train finance staff on new system functionalities and best practices.

Strategic Responsibilities:

• Create and execute a visionary roadmap for the controllership function, aligning with our long-term financial transformation goals.
• Partner with IT to develop and execute an accounting system roadmap that extends beyond the foundational ERP system.
• Identify and implement best practices to elevate financial reporting and accounting operations to best-in-class standards.
• Serve as a trusted financial advisor to the CFO and Lead Team, effectively communicating financial concepts to non-financial audiences.
• Anticipate and provide the necessary financial information and data analysis capabilities as Straumann’s business evolves.

Operational Responsibilities:

• Oversee the revenue recognition process for $1bn in product sales across multiple legal entities, partnering with the commercial controllership team.
• Ensure compliance with IFRS and statutory financial requirements related to management analysis, accounting, reconciliation, and reporting of net sales and related accruals.
• Drive efficiency in revenue recognition processes, ensuring consistency, reliability, and repeatability.
• Champion internal controls, partnering with the group head of Internal Controls to design relevant frameworks and ensure compliance.
• Validate and approve all POs above $100K.
• Provide accounting and finance expertise for US and CA-related topics.
• Manage internal and external audit and reporting requirements, including quarterly and annual data submissions and audits.
• Monitor cash flow, prepare forecasts, and manage bank reconciliations.
• Oversee month-end closing activities, including accruals, payroll, journal entries, and balance sheet reconciliations.
• Ensure correct AP coding and approval-routing, and drive changes needed for 100% compliance and adherence to budget.
• Maintain proper accounting policies for revenue recognition and liaise with the FP&A and shared service center as needed.

Collections, Credit Management, and Financing:

• Lead and develop accounts receivable and cash collections strategies, optimizing cash flow and aligning with organizational goals.
• Manage and mentor the AR team, fostering a culture of continuous improvement and efficiency.
• Establish and monitor key performance indicators, providing regular reports and insights to senior management.
• Implement process enhancements to reduce outstanding receivables, improve collection timelines, and minimize risk.
• Collaborate with cross-functional teams to resolve disputes and enhance customer relationships.
• Develop and manage external financing options, ensuring alignment with internal cash management strategies.
• Oversee and enhance credit policies, implementing controls to minimize risk and ensure customer creditworthiness.
• Collaborate with internal teams to align external financing options with business needs and customer requirements.

Organizational Responsibilities:

• Inspire passion and optimism, aligning teams to fulfill the company vision across departments.
• Build a positive, results-driven culture focused on continuous improvement and team decision-making.
• Synthesize complex information while maintaining a big-picture perspective.
• Deliver impactful messages to diverse audiences, simplifying complex financial concepts.
• Quickly identify and solve problems, collaborating to achieve goals efficiently.
• Balance strategic goals with market understanding, adapting strategies to changing conditions.
• Uphold integrity and values; be a proactive learner and organized in managing priorities and deadlines.

Management Responsibilities:

• Manage the following positions: Manager, Treasury; Manager, Accounts Receivable; (2) Accountants; (7) Collection Analysts.

Physical Attributes:

• May sit for extended periods.
• Utilize dexterity for typing, operating a computer, and performing filing and related job responsibilities.
• Spend significant time reading both on paper and on a computer.

Work Environment:

• General office environment.
• Noise level is usually quiet to moderate.

Minimum Qualifications:

• BA/BS Degree in Accounting.
• 10+ years of accounting experience with at least 5 years of management/supervisory experience.
• Advanced Technical Skills: Proficiency in using accounting software and tools to conduct research, review financial data, and implement new policies.
• CPA required.
• Strong SAP experience and hands-on mastery.
• Experience working with all levels and disciplines within a large organization.
• Analytical Abilities: Ability to analyze complex financial data and provide expert advice on regulatory changes and compliance issues.
• Attention to Detail: Ensuring accuracy in financial reporting and documentation.
• Communication Skills: Effectively communicating technical accounting concepts to non-financial team members.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

Employment Type: Full Time

Alternative Locations: United States : Andover (MA)

Travel Percentage: 0%

Requisition ID: 17259

Equal Opportunity and Affirmative Action Employer (US applicants only)
Straumann Group is an equal opportunity employer and will not discriminate against any employee or applicant for employment on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national origin, age, veteran status, or disability unrelated to job requirements. Straumann Group will take affirmative action to ensure that qualified applicants are employed and that employees are treated without regard to their race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran and disability status. In compliance with U.S. Department of Labor Executive Order 11246, Section 503 of the Rehabilitation Act, and Section 4212 of the Vietnam Era Readjustment Assistance Act, Straumann Group has developed and maintains an affirmative action program and plan.

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Pay Transparency Nondiscrimination
Straumann Group EEO-AA Policy




Equal employment opportunity, including veterans and individuals with disabilities.

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