Director Finance

4 weeks ago

gurugram, India Cepheid Full time

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. 

Business Support:

·Be the lead business/finance partner to the General Manager- South Asia.

·Own the South Asia Commercial and HBDC forecast by month and by product line working with business owners to formulate the forecast for both revenue and margin.

- Emphasis placed on monthly and quarterly forecast accuracy

- Emphasis placed on core sales growth on a YoY basis

- Emphasis is placed on the profitability of the business in line with the overall Cepheid average

·Provide high integrity advice and expertise for complex commercial transactions ensuring growth and profitability while maintaining compliance to laws and regulations.

·Partner with country Finance and business leaders to drive improved results in Working capital (Accounts Receivables, Inventory and Accounts Payable).

·Use the Danaher Balance Sheet wisely for the Growth of the businesses where it makes sense

·Own responsible Accounts Receivable and Inventory levels for the business that balance delivery vs carrying cost particularly given shelf-life issues in the business.

·Other ad-hoc duties as assigned by the Cepheid CFO. Support the manufacturing operations including capital projection, expansion, costing and production commencement

Compliance and Control Duties:

·Maintain and enhance our system of Internal Controls by working directly with country Finance and business leadership keeping up to date with current trends and liaising with both Group and Danaher Corporate personnel to follow the new guidance. Maintain a high-integrity team in pursuit of excellent internal controls.

·Be the key contact to Legal and Compliance functions to ensure that all required compliance actions and steps are enacted into practice/process as would specifically relate to the APAC finance and accounting teams.

·Work directly with Regional OPCO Finance leaders to ensure that teams and processes ensure the timely and accurate closing and preparation of financial information in accordance with US GAAP and Danaher reporting requirements. Working with these teams, ensure that all local statutory reporting requirements are met timely and accurately. These local requirements might include local sales and use tax activity, VAT activity and filing of locally audited financial statements as appropriate.

·Drive organization improvements to develop the best team possible and work with staff to ensure that adequate development plans are in place so that we create and grow a bench of high-integrity talented accountants and business partners.

·Working with the Director of Technical and Revenue Accounting, make sure that all unique transactions have full transparency for revenue recognition and/or proper accounting/recording.

·Oversight of tax compliance in India tax jurisdiction where Cepheid has PE; interface with DHR tax dept.; ensure transfer pricing policy and agreements are in place and compliant

·Oversight of inter-company commerce between Cepheid operational sites and the resulting impact on taxable income

Key Business Relationships:

·South Asia leadership team and APAC regional finance and business leaders & Danaher Internal Audit Danaher

·Corporate Finance External Auditors

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

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.

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