Sr Manager Product Ops Accounting

3 weeks ago

Sunnyvale, United States Intuitive Surgical Full time
Job Description

Primary Function of Position

The Sr Manager Product Ops Accounting plays a critical role in achieving our overall priority of delivering world-class financial reporting. This highly visible role drives exceptional project management processes within our Finance and Product Operations teams to collect the data needed for decision-making and financial reporting purposes.

The Sr Manager Product Ops Accounting is accountable for setting our inventory and product costing policies and managing our overall product costing processes. The Sr Manager Product Ops Accounting is also accountable for managing the inventory reserve assessment and cycle count processes, as well as for examination and reporting provided to management relating to inventory costing matters.

In this role, you will leverage your in-depth accounting knowledge and research capabilities to provide solutions to complex and challenging business problems.

In addition, this person will partner with team members across business functions to solve complex product operations accounting issues and drive controllership’s role in key finance strategic goals.

The ideal candidate possesses the ability to manage a team, communicate effectively (including senior leadership and those with non-accounting backgrounds), and think holistically about the impact of accounting issues to our operations.

This is a great role for someone with proven technical skills that would like to get additional exposure into the Company’s product operations, accounting, and finance activities, as well as getting a deep appreciation of the Company’s business.

At Intuitive, you will help contribute to our commitment to excellence by partnering with world-class Managers and Executive Leadership. We are looking for high-caliber people that can take on additional responsibility as they progress in their career, and we are committed to providing an environment that fosters career growth and development.

Essential Job Duties

  • Manage the Company’s inventory, inventory reserve, and cost accounting policies, processes, controls, and related activities.
  • Ensure that the Company’s accounting policies are appropriately applied to all inventory-related activities and accounts.
  • Provide technical accounting guidance and be the point person on all U.S. GAAP matters relating to inventory by researching, resolving, documenting, and communicating conclusions for inventory-related matters that arise.
  • Project management, including preparing presentations for the Company’s cross-functional inventory leadership team, related to issues that arise out of changes in the Company’s business that require new policies, processes, procedures, and controls.
  • Oversee and review inventory-related controls, including monitoring of the cycle count and physical inventory observation programs, policies, and activities.
  • Project management, including preparing presentations and reporting to the Company’s cross-functional inventory leadership team on the adherence and compliance with our Inventory Cycle Count Policies and Controls.
  • Develop key metrics to track the accuracy of our inventory standards and to provide insight into our inventory-related activities for management.
  • Presentations to leadership in the Company on the progress of our inventory processes and controls.
  • Coordinate budgeting and forecasting activities relating to inventory matters with the Company’s FP&A organization.
  • Work closely with our global teams to ensure that the right training and processes have been distributed with respect to our inventory policies and controls.
  • Ensure that there is an efficient and effective process in place to ensure timely close and reporting of all inventory-related matters by closely coordinating with the Company’s FP&A organization.
  • Manage the standard cost setting activities, calendar, and deliverables, working closely with our Global Shared Services team.
  • Business partnership – provide accounting advice to our business partners and senior leadership to assess the impact of proposed transactions and influence decision making.
  • Act as a subject matter pro on inventory treatment of accounting transactions and related financial reporting requirements; explore and offer solutions and best practices.
  • Act as a liaison between accounting teams and the broader enterprise to help with key projects, initiatives, transactions, and planning recommendations.

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