Cost Analyst at Danaher Corporation

Shanghai, Shanghai, China

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, FinanceIndustries

Requirements

2+ years of finance related experience (factory finance and costing related experience preferred)
Practical experience in costing, financial planning, reporting and control
Bachelor’s degree or above in finance or accounting
Ability to work with high self-motivation, be sensitive to numbers and the capacity to work in a changeable and stressful environment
Well-developed inter-personal skills and good communication skills
Strong business partnering and teamwork mindset

Responsibilities

Drive and on time deliver US month-end closing in inventory and cost functions
Prepare inventory and costing related entries, complete full list of journal entries in time and save supporting doc. appropriately
Prepare and on time deliver balance sheet reconciliation on inventory accounts in compliance with DHR requirements
Apply SOX for inventory and costing function, documentation saved appropriately ensure SOX compliance
Analysis on monthly cost variances such as PPV, E&O, work order variance, and absorption/labor efficiency for US and AUT
Monthly fcst on working capital- inventory balance, production hours, cost element in OCOGS. (AUT)
Cycle count and cell count management, support counting data preparation, verify counting result
Prepare cycle count report on weekly/monthly basis
Partner with US OPS&AWS team member on counting to meet cooperate requirement
Other tasks assigned

Skills

Key technologies and capabilities for this role

Cost AnalysisInventory AccountingMonth-End ClosingBalance Sheet ReconciliationSOX ComplianceCost Variance AnalysisFinancial ForecastingCycle Count ManagementJournal EntriesOracle

Questions & Answers

Common questions about this position

Is this role remote or on-site?

This is an on-site role and part of the Global Ops finance team located in Shanghai.

What are the essential requirements for this Cost Analyst position?

Candidates need 2+ years of finance related experience (factory finance and costing preferred), a Bachelor’s degree or above in finance or accounting, high self-motivation, number sensitivity, ability to work in changeable/stressful environments, well-developed interpersonal and communication skills, and a strong business partnering/teamwork mindset.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at Danaher Corporation?

The company emphasizes partnering with customers globally to solve complex challenges, accelerating the impact of science and technology, and invites candidates to join a winning team.

What makes a strong candidate for this Cost Analyst role?

Strong candidates will have factory finance and costing experience, practical skills in costing/financial planning/reporting/control, accounting certificates, JP or KR language skills, and experience with Oracle and HFM, in addition to meeting the essential requirements.

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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