Job Information
Danaher Corporation Plant Finance Analyst (Cost Accountant) in Bengaluru, India
At Cepheid, we are passionate about improving health care through fast, accurate diagnostic testing. Our mission drives us, every moment of every day, as we develop scalable, groundbreaking solutions to solve the world’s most complex health challenges. Our associates are involved in every stage of molecular diagnostics, from ideation to development and delivery of testing advancements that improve patient outcomes across a range of settings. As a member of our team, you can make an immediate, measurable impact on a global scale, within an environment that fosters career growth and development.
Cepheid is proud to work alongside a community of six fellow Danaher Diagnostics companies. Together, we’re working at the pace of change on diagnostic tools that address the world’s biggest health challenges, driven by knowing that behind every test there is a patient waiting.
Learn about the Danaher Business System (https://www.danaher.com/how-we-work/danaher-business-system) which makes everything possible.
We are looking for a Plant Finance Analyst to serve as the primary FP&A Resource to the Factory Finance team and will be accountable for the financial results of the manufacturing operations of this business. This role entails Financial reporting of costs, variance analysis, budgeting, Monthly forecasting and ensuring that all cross-functional are incorporated.
Role -
• Ensure Standard Cost is set up correctly and actively involved in the stand cost roll.• Estimating the Standard cost for business cases• Review of Open orders Analysis WIP closure.• Perform Variance Analysis. Identifying and communicating actionable steps to address variance of PPV & MUV.• Analysis of Over/under absorption indicating the root cause.• Estimating the Labor Hour Rate and Overhead absorption rate based on Budget v/s Actual.• Review of Scrap Process and ensure correct accounting of scrap monthly.• Prepare and ensure the Budget is submitted in timely manner.• Monthly review and management reporting.• very good understanding and hands on SAP• Inventory Analysis - FIFO Compliance, Expiry & obsolesce of Inventory.• Fixed Assets & CIP Review• Develop and provide ad-hoc reports as required by the management.• Ensure compliance with policies and procedures of the Company.• Improve processes and enhance controls.• Ensuring month-end close as per timelines. Cross functional co-ordination. . Support during Audits Maintaining / Supporting US GAAP and IGAAP books of accounts.
Support in Statutory Audit
Independently handling Cost Audit
Filing of ASI returns with NSSO.
Qualifications :
· ICWA or similar field required
· 3 + years of experience in Manufacturing Set up. Experience in SAP is must.
At Danaher we bring together science, technology and operational capabilities to accelerate the real-life impact of tomorrow’s science and technology. We partner with customers across the globe to help them solve their most complex challenges, architecting solutions that bring the power of science to life. Our global teams are pioneering what’s next across Life Sciences, Diagnostics, Biotechnology and beyond. For more information, visit www.danaher.com.
At Danaher, we value diversity and the existence of similarities and differences, both visible and not, found in our workforce, workplace and throughout the markets we serve. Our associates, customers and shareholders contribute unique and different perspectives as a result of these diverse attributes.
Operating Company: Cepheid
Danaher Corporation
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