Stryker is one of the world’s leading medical technology companies and, together with our customers, is driven to make healthcare better. We offer innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. We are proud to be named one of the World’s Best Workplaces and a Best Workplace for Diversity by Fortune Magazine. Learn more about our award-winning organization by visiting stryker.com
The IT Portfolio Manager, Corporate Functions is responsible for the oversight and delivery of effective portfolio management practices, tools, and analysis across the Global IT Corporate Functions portfolios. This individual will work in coordination with relevant portfolio stakeholders to maintain and manage the portfolio pipeline of demand, projects and enhancements to ensure effective tracking and delivery within all financial measures and portfolio constraints.This position monitors and provides direct support to project and release teams to ensure demand and build initiatives are managed and delivered with a level of rigor and discipline that complies with Global IT and Finance standards.
Essential duties & responsibilities:
Oversee the Corporate Functions demand pipeline to ensure demand initiatives are advanced and facilitated through the Demand Management process with proper rationalization / forecast input from relevant IT stakeholders to inform portfolio standing / impact
Maintain accurate and up-to-date tracking of financial projections across the Corporate Functions portfolios leveraging approved financial management practices, processes, and tools
Track and reconcile actual financial outcomes against projections to inform go-forward forecast refinement
Identify & mitigate all projected risks against portfolio constraints with relevant build and project resources
Manage portfolio related operational budgeting based on portfolio financial projections and coordination with relevant operating cost / budget owners
Create and maintain portfolio resource plans (in coordination with resource managers) that account for all resource capacity and utilization across the Corporate Functions delivery teams while informing internal capitalization projections
Oversee and administer ongoing portfolio balancing to ensure the demand pipeline is properly funded and resourced with respect for portfolio constraints
Manage employee capitalization targets and tracking based on resource plans, working closely with resource managers to ensure proper enforcement and accountability against targets
Monitor portfolio health and financial status against relevant constraints, including: Strategic investment guidance, Portfolio budgets, BCFM/Project budgets, Vendor Contracts, and Operating budgets. Guide and support project teams to mitigate any risks or issues that are identified.
Facilitate ongoing portfolio reporting and reviews with relevant stakeholders to ensure proper visibility to / action around current portfolio health and standing
Partner with Finance, Project Teams, and Budget owners to ensure all financial cadences (e.g. Quarterly budgeting cycles, month-end closings, etc...) are supported by and aligned to portfolio financials
Partner with Demand Management stakeholders to ensure that annual / in-year demand management processes are supported/informed by relevant portfolio status and financial information
Identify and evangelize process improvement opportunities across the Global IT demand and portfolio management organization
Establish and maintain partnerships with all relevant IT stakeholders including: PMO, Build Teams, Business Partners, Finance, VMO
Education & special trainings:
Bachelor's degree in Finance or General Business (or equivalent) required; MBA / master's degree a plus
Qualifications & experience:
·Minimum 8 years of professional experience in a project/program/portfolio management or corporate finance / analyst role is required
·Proven experience in managing portfolio budget mechanics and processes in an information technology environment
·Proficiency in Microsoft Excel and/or other information management systems required
·Strong attention to detail and organization skills required
·Ability to multi-task with frequently changing priorities
Stryker is one of the world's leading medical technology companies and, together with our customers, we are driven to make healthcare better. The Company offers a diverse array of innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. Stryker is active in over 100 countries around the world.
Together with our customers, we are driven to make healthcare better.
At Stryker, quality is first in everything we do. We are driven to make healthcare better for our customers by
providing innovative products and services that meet regulatory requirements through our effective quality system.
The Company was founded in 1941 by Dr. Homer Stryker and incorporated in 1946 as the Orthopedic Frame Company. In 1964, the Company’s name was changed to Stryker Corporation.
• $13.6 billion in annual sales in 2018; annual revenue has grown for 39 straight years
• 17.1% CAGR (compound annual growth rate) in sales over 39 years
• ~36,000 employees globally in 2018
• 43 manufacturing and research & development locat...ions worldwide
• Included in the Standard & Poor’s 500 Index
• Ranked # 233 on Fortune Magazine’s “FORTUNE 500” list for 2019
• Ranked # 3 on Fortune Magazine’s “World’s Most Admired Companies” list for the “Medical Equipment” industry for 2019
• Ranked # 11 on Fortune Magazine’s “100 Best Companies to Work For” list (U.S.) for 2019
• Spent $862 million on R&D in 2018
• 7,784 patents owned globally in 2018
• Initial public offering of stock was in 1979
• Listed on the New York Stock Exchange under ticker SYK