Accounting Manager at Danaher Corporation

Suzhou, Jiangsu, China

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Accounting, ManufacturingIndustries

Requirements

Experience covering multiple legal entities with ERP systems, including all accounting areas
Ability to set up comprehensive and robust controls in routine accounting activities
Expertise in flux analysis for OPEX/COGS with detailed analysis and insights
Capability to independently propose solutions for non-routine and new activities and leverage practices across entities
Knowledge of enhancing internal control systems, developing and implementing policies & procedures
Experience recommending, supervising, and improving financial and accounting controls in business units in China
Skills in enhancing inventory and fixed asset management with internal controls
Understanding of PRC statutory accounting, global financial policies & procedures, and compliance with PRC regulations and laws
Ability to manage relationships with business partners, bankers, auditors, regulators, and professional advisors

Responsibilities

Cover 2 legal entities with 2 ERP systems, including all accounting areas
Lead flux analysis in OPEX/COGS with detailed analysis and insights
Make proposals or solutions for non-routine and new activities independently and leverage practices cross-platform entities
Enhance internal control systems, develop and implement internal control policies & procedures
Recommend, supervise, and improve systems of financial and accounting controls and procedures in various business units in China
Enhance inventory and fixed asset management and implement internal control policies and procedures
Supervise and identify correct invoices for posting; ensure all invoices are properly approved per company policy and DOA
Ensure invoices and employee expense claims are posted in ERP timely and accurately
Supervise all domestic and overseas intercompany and DHR intracompany payment transactions
Ensure payments are accurately and completely arranged; identify and resolve payment issues, escalate if required
Handle ad-hoc payments timely, ensuring compliance with company and group policies (e.g., urgent payments, vendor down-payments)
Reconcile and analyze general accounts and financial reports related to AP & Accrual accounts
Deal with capital expenditure and run wrapper requests
Supervise accountant team for day-to-day accounting, payment activities, payment controls, and regulatory cash planning in support of business operations in China
Ensure compliance with local PRC statutory accounting and global financial policies & procedures, and PRC government regulations and laws
Cooperate with internal and external auditors for quality, internal control, annual report, and tax audits
Manage and maintain relationships with business partners, counter-parties, bankers, auditors, regulators, and professional advisors
Manage local statutory reports, group financial reports, and management reports
Proactively identify, rectify, and follow-up errors and causes of errors; resolve complex or critical process issues
Coordinate accounting management of various business units in China
Lead training and guidance of accounting staff
Handle ad-hoc special projects as assigned by the supervisor

Skills

ERP

Flux Analysis

OPEX

COGS

Internal Controls

Inventory Management

Fixed Assets

Accounts Payable

Invoice Processing

Intercompany Transactions

General Ledger Reconciliation

Accruals

Capital Expenditure

PRC Statutory Accounting

Financial Reporting

Team Supervision

Danaher Corporation

Water quality, diagnostics, and identification solutions

About Danaher Corporation

Danaher Corporation operates in key markets such as water quality, product identification, and diagnostics. The company provides precision instruments and advanced purification technologies for analyzing and managing water, ensuring its safety in various environments. In product identification, Danaher specializes in laser marking, coding, and packaging solutions that help maintain product freshness and accurate labeling throughout the supply chain. In the diagnostics sector, Danaher offers tools and software that enhance diagnostic confidence, enabling healthcare providers to deliver effective care. What sets Danaher apart from competitors is its unique Danaher Business System, which focuses on continuous improvement and empowers employees to drive change. The company's goal is to consistently deliver high-performance products and solutions while maintaining leadership in its markets.

Washington, District of ColumbiaHeadquarters

1969Year Founded

IPOCompany Stage

Industrial & Manufacturing, Healthcare, Consumer GoodsIndustries

10,001+Employees

Risks

Increased competition from Roche and Abbott in AI-driven diagnostics.

Potential regulatory challenges in the EU for water quality sector.

Supply chain vulnerabilities affecting precision instruments sourcing.

Differentiation

Danaher's Danaher Business System drives continuous improvement and superior financial performance.

The acquisition of Cytiva enhances Danaher's capabilities in the biopharmaceutical sector.

Danaher's advanced purification technologies meet increasing demands for sustainable water management.

Upsides

Danaher's investment in AI-driven healthcare solutions boosts its diagnostics capabilities.

Cytiva acquisition expands Danaher's market share in the biopharmaceutical sector.

Point-of-care testing demand drives growth for Danaher's diagnostic tools and software.

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