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Danaher

Makes tools for drug research and medical testing

Finance Manager - Commercial Controllership

Financial AccountingPosted on Nov 9
Full-timeShanghai, ChinaNo salary listedIn-person

About the Job

Requirements

  • Expertise in commercial accounting, financial reporting, revenue recognition, and accounting compliance.
  • Knowledge of US GAAP, company policies, and internal control requirements.
  • Ability to assess complex commercial transactions and advise business teams on accounting implications.
  • Knowledge of SOX compliance, audit processes, remediation, and control effectiveness.
  • Ability to lead finance transformation, process improvement, and digital initiatives, including evaluation and implementation of AI-driven solutions.
  • Ability to translate complex accounting requirements into practical business solutions and provide risk assessments.

Responsibilities

  • Lead and oversee commercial accounting activities to ensure accurate, complete, and timely financial reporting in compliance with US GAAP, company policies, and internal control requirements.
  • Own month-end, quarter-end, and year-end controllership review processes related to commercial accounting activities.
  • Lead the review and analysis of commercial-related balance sheet accounts, income statement impacts, and key accounting judgments.
  • Drive account reconciliation processes and ensure timely resolution of reconciling items.
  • Perform balance sheet composition and fluctuation analyses and support the Danaher Annual Balance Sheet Review Program.
  • Ensure the integrity and accuracy of accounting reserves, accruals, revenue recognition adjustments, and other commercial accounting estimates.
  • Act as the controllership subject matter expert for revenue recognition and commercial accounting matters.
  • Lead assessments of complex commercial transactions and advise business teams on accounting implications.
  • Drive periodic reviews of dealer inventory levels and channel inventory risks, proof-of-delivery validation and cold-call procedures, partial delivery and milestone-based revenue recognition, return reserve assumptions, installation deferral assumptions, contractual risk indicators, and unusual commercial arrangements.
  • Identify emerging accounting and compliance risks and develop mitigation plans.
  • Partner with Commercial Finance and business leaders to improve forecast quality and revenue transparency.
  • Lead SOX compliance activities related to commercial processes and controls.
  • Serve as a key contact for internal audits, external audits, and compliance reviews in commercial accounting processes.
  • Own remediation plans for audit observations and control deficiencies and ensure timely closure.
  • Evaluate control effectiveness and drive control enhancement initiatives.
  • Promote a controllership and compliance culture across commercial and operational teams.
  • Lead implementation of global finance and controllership initiatives within Greater China.
  • Drive process harmonization, standardization, automation, and digital transformation projects.
  • Partner with global process owners to implement new policies, systems, and operational changes.
  • Identify opportunities to improve efficiency, strengthen controls, and enhance reporting quality.
  • Lead cross-functional projects involving Finance, Commercial Operations, Customer Service, Supply Chain, IT, and other stakeholders.
  • Support finance transformation initiatives and adoption of best practices across the region.
  • Build relationships with commercial, operational, and finance leadership teams.
  • Influence business decision-making by providing accounting guidance and risk assessments.
  • Translate complex accounting requirements into practical business solutions.
  • Lead the exploration, evaluation, and implementation of AI-driven solutions to enhance controllership efficiency, reporting quality, and risk management capabilities.
  • Drive digital transformation initiatives through stakeholder engagement, training, and adoption management.

About the Company

Danaher

Makes tools for drug research and medical testing

Danaher makes instruments, tests and laboratory supplies for drug developers, researchers and clinicians, spanning the path from biological research to clinical patient diagnosis. Its businesses include Cytiva for drug manufacturing, SCIEX for chemical analysis and Beckman Coulter for laboratory testing, linking specialized tools across healthcare workflows. Customers use its equipment to study cells, produce biological medicines and analyze patient samples; the group earns money by selling instruments, reagents, software and support services through its operating companies. Danaher was established in 1984 and is headquartered in Washington, DC.

Company size
10,001+
Company stage
IPO
Headquarters
Washington, DC
Founded
1984

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