Sr. Finance Manager

Reposted 6 Hours Ago
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Shanghai, Shanghai Municipality, Shanghai, CHN
In-Office
Entry level
Healthtech
The Role
Lead FP&A activities for Sciex China: budgeting, forecasting, working capital (DSO, inventory), revenue recognition, credit management, consignment/demo processes, and automation projects. Provide analytics and senior leadership commentary, ensure SOX/internal audit controls, collaborate cross-functionally and with Singapore distribution/China accounting, and handle ad hoc assignments from Senior FP&A Manager.
Summary Generated by Built In

OpCo: Sciex China, Life Science

Business Title: Senior Finance Manager, SCIEX China Finance

Reports to: Finance Director

Work Location: Shanghai, China

Position Summary

The Senior Finance Manager will play a critical role in driving financial governance, optimizing working capital, and enhancing process efficiency across SCIEX China. This role is responsible for leading revenue recognition compliance, strengthening credit and collection discipline, and improving end-to-end financial processes to support sustainable growth and cash flow performance.

This position partners closely with Commercial, Service, and Global Finance teams to ensure accurate financial reporting, disciplined risk management, and continuous process improvement aligned with SCIEX and Danaher standards.

In this role, you will have the opportunity to:

1. Revenue Quality, Recognition & Credit Risk Management

  • Ensure accurate and timely revenue recognition in compliance with US GAAP and company policies
  • Provide technical accounting guidance on complex commercial arrangements (e.g., multi-element contracts, cross-opco transactions)
  • Partner with Commercial and Legal teams to structure contracts with clear revenue and risk implications
  • Lead month-end close activities related to revenue, including reconciliations, analytics, and reporting
  • Own end-to-end order-to-cash risk management, including credit assessment, credit limit setting, and payment term governance
  • Monitor AR aging, identify risks proactively, and drive collection strategies with Commercial teams
  • Lead resolution of overdue balances, disputes, and escalations to minimize bad debt exposure
  • Strengthen internal controls across revenue and credit processes to ensure compliance and audit readiness

2. Working Capital, OPEX & Financial Forecasting

  • Lead working capital management across AR, inventory, contract assets, and demo/consignment inventory
  • Own rolling forecasts for working capital, cash flow, and OPEX, ensuring alignment with business outlook
  • Manage OPEX budget and forecast, driving discipline and accountability across functions
  • Analyze variances and provide actionable insights to improve performance
  • Optimize cash conversion through billing, collection, and cost structure improvements
  • Track key KPIs (DSO, cash conversion cycle, inventory turns, OPEX variance) and drive actions

3. Process Improvement, Demo/Consignment Governance & Controls

  • Lead end-to-end finance process improvement and digitalization initiatives to enhance efficiency and scalability
  • Establish and govern processes for demo equipment and consignment inventory, including deployment, tracking, aging, conversion, and return
  • Partner with Commercial to optimize deployment and return processes
  • Identify and implement automation opportunities across billing, collections, forecasting, and reporting
  • Drive standardization and best practice sharing across China and global teams
  • Mitigate risks related to asset management, revenue delays, and financial misstatement

4. Business Partnering & Leadership

  • Act as a trusted finance partner to Commercial and Service leaders on revenue quality, working capital, cost management, and cash flow topics
  • Support strategic initiatives by providing financial insights and risk assessments
  • Collaborate with regional and global stakeholders to align on policies, reporting, and initiative
  • Lead finance process improvement initiatives to enhance efficiency, accuracy, and scalability
  • Identify automation opportunities and support digital tool implementation (e.g., billing, collections, reporting)
  • Support leadership with ad hoc analysis and strategic priorities
  • Ad Hoc assignments arranged by Finance Director.

The essential requirements of the job include:

  • Bachelor’s degree in Finance, Accounting, or related field; CPA/ACCA preferred
  • Strong knowledge and hands-on experience in US GAAP (ASC 606 preferred)
  • Experience supporting complex commercial arrangements and contract structuring
  • Exposure to finance transformation, process improvement, or digital/automation initiatives preferred
  • Strong analytical skills with ability to translate data into business insights
  • Excellent communication and stakeholder management skills, with ability to influence cross-functional teams
  • Fluent in English and Mandarin

Join our winning team today. Together, we’ll 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.

For more information, visit www.danaher.com.

Skills Required

  • Annual budgeting and periodic forecasting for commercial organizations
  • Prepare monthly service forecast reporting and leadership review decks
  • Working capital forecasting including DSO and inventory management
  • Revenue recognition process ownership and credit management
  • Maintain controls for Internal Audit and SOX compliance with cross-border accounting
  • Manage end-to-end consignment/demo processes to improve instrument deployment
  • Partner with Service, Marketing, and supporting functions across commercial organization
  • Lead or participate in cross-functional automation and process-improvement projects
  • Provide in-depth analytics and clear commentary to Senior Leadership
  • Handle ad hoc assignments from Senior FP&A Manager

Danaher Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Danaher Corporation and has not been reviewed or approved by Danaher Corporation.

  • Healthcare Strength Healthcare coverage is described as comprehensive, including medical plan options alongside dental, vision, life, disability, and mental health support. Wellness initiatives and support programs such as an EAP and vaccination or fitness offerings add breadth beyond core insurance.
  • Retirement Support Retirement benefits include a 401(k) plan with employer matching and options such as pre-tax and Roth contributions. Broader financial rewards such as performance bonuses and access to equity or an employee stock purchase plan are also described.
  • Parental & Family Support Parental leave and family-building support are described as available, including maternity and paternity leave and fertility assistance. Childcare and eldercare support are also highlighted as part of the overall package.

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The Company
Washington , DC
57,802 Employees
Year Founded: 1984

What We Do

Danaher is a global science and technology innovator committed to helping our customers solve complex challenges and improve quality of life around the world. A global network of more than 25 operating companies, we drive meaningful innovation in some of today’s most dynamic industries through our operating companies in four strategic platforms: Life Sciences, Diagnostics, Water Quality and Product Identification. The engine at the heart of our success is the Danaher Business System (DBS), a set of tools that enables continuous improvement around lean, growth and leadership. Through the ingenuity of our people, the power of DBS and the impact of our meaningful technologies, we help realize life’s potential in ourselves and for those we serve.

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