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Default Index Match Problem

I'm using the following formula, but it's returning #N/A:

=INDEX('File X'!$F$1:$F$2000,MATCH(1,($B5='File X'!$A$1:$A$2000)*(S$4='File
X'!$G$1:$G$2000),0)

However, if I replace the S$4 with "7710", it returns the correct value.
The number in S4 is 7710. Why won't the formula recognize the cell
reference, but if I type the contents of the cell manually, it works? I
double-checked to make sure nothing was entered as text.
 
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