Finance Director, MD China at Danaher Corporation

Shanghai, Shanghai, China

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, FinanceIndustries

Requirements

Well-rounded experience in both commercial and financial control with a track record of creating value leading to tangible results
Experience of leading and working with high performing teams
In-depth understanding of financial/operations process and system flow
A hands-on professional and an effective communicator with the ability to influence at senior level and thrive in a dynamic environment
Experience working in global business environment with sound understanding of global process and transactional flows
Experience successfully leading cross-functional projects and process improvement within the operations/finance functions; able to quickly grasp new ideas
Smart and pick up quickly. Hands on approach with ability to work effectively and in a complex and matrixed environment
Successfully led cross-functional projects/process improvement within operations/finance function involving process improvement; able to quickly grasp new ideas
Be familiar with China life Sc (likely China life sciences)

Responsibilities

Take full responsibilities of the financial matters with the Commercial group and support the Commercial Group pro-actively to achieve the business and strategical targets
Analyze business performance, highlight business issues to management, and proactively identify opportunities and make proposals for operational/financial improvements to support business group to achieve annual targets
Partner with MD China GM and MD China leaders for related analysis & assesses risks & opportunities on sales, Margin, and P&L; provides thorough sensitivity analyses and contingency plans to secure & improve profitability
Conduct as contact window for Danaher China corporate finance and Danaher China Life Sciences platform finance and MD global Finance; coordinate communication/tasks/projects between global and local team
Prepare, monitor and analyze the forecasts and yearly budgets. Work with the local business leaders and global MD team to develop and submit credible & accurate forecasts for revenues, costs, operating expenses and balance sheet. Control and drive Opex saving opportunities and working capital improvement
Review balance sheet reconciliation schedules monthly to ensure any reconciling items are investigated and resolved promptly
Own MD China financial control environment and deliver controls in line with Danaher China and MD global processes
Support commercial team to cooperation with key distributors to discuss appropriate rebate, distribution compensation, incentive plan etc
Provide financial support, strong business case analysis and guidance to drive China localization programs and execution
Provide guidance and assistance on PRC and US GAAP analysis of accounting and compliance issues. Handle statutory audits and tax reporting; ensure compliance and audit remediation actions completed on time and solid
Provide leadership to Finance Department. Motivate and lead finance team members by clarifying roles and providing helpful feedback. Coach and develop team members. Seek opportunities to continuously drive finance function organization efficiency especially synergies in existing MD China finance team structure
Advocate and champion continuous improvement within the functional area as well as throughout the organization. Participate and lead in DBS and Kaizen events across opco and platform and throughout the broader organization
Other Ad hoc roles and responsibilities as assigned by LSC China CFO or MD Global CFO

Skills

Financial Analysis

P&L Management

Budgeting

Forecasting

Risk Assessment

Business Partnering

Financial Controls

Opex Management

Working Capital

Balance Sheet Reconciliation

Sensitivity Analysis

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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