IT Financial Analyst - Onsite

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 which makes everything possible.

The IT Financial Analyst is responsible for Collaborate with IT cost center and finance teams to develop and maintain financial models, forecasts, and budgets for IT projects and initiatives. Analyze and track IT expenses, including hardware, software, licensing, maintenance, and vendor contracts, ensuring adherence to budgetary guidelines. Monitor and evaluate IT financial performance, identifying cost-saving opportunities, and recommending strategies to optimize IT investments. IT FMO allows for growth in the company and provides tools for learning in the field.
This position is part of the IT Financial Management Office (IT FMO) and will be located onsite in Sunnyvale, California. At Cepheid, our vision is to be the leading provider of seamlessly connected diagnostic solutions.

In this role, you will have the opportunity to:

• Collaborate with IT cost center and finance teams to develop and maintain financial models, forecasts, and budgets for IT projects and initiatives. Analyze and track IT expenses, including hardware, software, licensing, maintenance, and vendor contracts, ensuring adherence to budgetary guidelines. Monitor and evaluate IT financial performance, identifying cost-saving opportunities, and recommending strategies to optimize IT investments.

• Support the monthly Risk & Opportunity review with all IT cost center owners and provide analysis. Conduct financial analyses, such as ROI (Return on Investment), TCO (Total Cost of Ownership), and business case evaluations, to support IT decision-making processes. Provide financial insights and recommendations to IT leaders and business stakeholders, helping them make informed decisions regarding IT investments.

• Work closely with accounting partners to resolve questions & issues as part of the period close process. Assist in the development and implementation of IT financial policies, procedures, and controls, ensuring compliance with financial regulations and best practices. Collaborate with procurement and vendor management teams to negotiate favorable terms and conditions for IT contracts and agreements.

• Participate in IT budgeting and forecasting processes, providing accurate and reliable financial data and analysis. Prepare and present comprehensive financial reports, including variance analysis, cost-benefit analysis, and financial performance metrics, to senior management and stakeholders.

• Prepare monthly financial reports, metrics, and variance analyses for Technology leadership including budgeting, forecasting, and recommendations for remediation where neededStay updated on emerging technologies and industry trends, assessing their potential financial impact on the organization and recommending appropriate courses of action.

The essential requirements of the job include:

• Bachelor’s degree with 5+ years of relevant work experience OR MBA or Master’s degree in advanced Finance, Accounting, Engineering or related field.

• Superior skills in communications, change management, and effective cross-functional teamwork on a global scale. Strong problem-solving skills and the ability to think critically and strategically. Professional certifications such as CPA (Certified Public Accountant) are a plus.

• 5+ years of experience in Financial Planning, and Analysis & Reporting, Proven experience as a Financial Analyst, preferably in the technology or IT services industry. Strong understanding of financial principles and IT concepts, with the ability to analyze the financial implications of technology investments. Proficiency in financial modeling, forecasting techniques, and data analysis tools.

• Knowledge of IT cost management methodologies, such as ITIL (Information Technology Infrastructure Library) or TBM (Technology Business Management). Familiarity with IT budgeting, procurement, and vendor management processes. Excellent analytical and quantitative skills, with the ability to interpret complex financial data and provide actionable insights.

• Advanced proficiency in Microsoft Excel and financial management software. Strong communication skills, both verbal and written, with the ability to present financial information in a clear and concise manner. Ability to work effectively in a team environment and collaborate with stakeholders at various levels.

The salary range for this role is $100-$140K. This is the range that we in good faith believe is the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range. This range may be modified in the future.

This job is also eligible for bonus/incentive pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance and 401(k) to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

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.

Danaher Corporation and all Danaher Companies are committed to equal opportunity regardless of race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. 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.

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We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us at [email protected] to request accommodation.