AddressCorporate Controller
Overview
Danaher Corporation
Danaher (NYSE: DHR) is a global science and technology innovator committed to helping customers solve complex challenges and improve quality of life around the world. Its portfolio of operating companies and world class brands have unparalleled leadership positions in some of the most demanding and attractive industries, including life sciences, medical diagnostics, environmental and applied solutions. With over 25 major operating companies, Danaher drives growth both organically and inorganically through M&A.
Danaher has a diverse team of over 80,000 associates united by a common culture and operating system, the Danaher Business System (DBS). DBS serves as our ultimate competitive advantage and has evolved from a collection of manufacturing improvement tools into a philosophy, set of values, and series of management processes that collectively define who we are and how we do what we do.
In 2021, Danaher generated ~$29B in revenue. The company is ranked #130 on the Fortune 500 and during the past 20+ years, Danaher stock has outperformed the S&P 500 Index by more than 2,000 %. For additional company details, see www.danaher.com.
The New Company
On September 14, 2022, Danaher announced its intention to separate its Environmental & Applied Solutions segment to create an independent, publicly traded company. The new company will be comprised of Danaher's Water Quality and Product Identification businesses and will be referred to as "EAS" until it is named at a later date. This separation will allow EAS greater opportunities to pursue high impact organic and inorganic investments through the combination of a resilient business model (with more than 50% recurring revenue) and a talented team with a foundation built on the Danaher Business System. In 2021, EAS generated ~$4.7B in revenue and has a diverse team of approximately 16,000 associates.
In 2016, Danaher separated its industrial segment and stood up Fortive (NYSE: FTV), creating the separate public entity that has since progressed further in its industry segment and seen significant revenue growth and stock value since separation from Danaher. Danaher also separated its dental segment Envista (NYSE: NVST) in 2019, creating another separate public entity that will continue to see future value. Both companies were driven by the same strong core values and foundations provided by the Danaher Business System and Danaher's associates are pursuing a focused strategy aimed at creating a premier stand-alone EAS company as well. The diversified EAS company will be comprised of existing Danaher companies that are leaders in their markets, including: Hach, ChemTreat, Esko, Linx, McCrometer, Trojan, Videojet, and X-Rite.
About The Role
The Corporate Controller is a critical role within the finance team and a principle financial advisor to our businesses and senior management. In this position you will review and validate financial results for actuals, forecast, and budget submissions. You will be responsible in overseeing the production and oversight of financial reporting for the corporation. You will also have direct oversight over the Company's corporate accounting systems and treasury accounting teams and work closely with the Vice President - Chief Accounting Officer on all aspects of corporate accounting and finance. You will collaborate closely with corporate personnel and will be a key point of contact for operating companies (OpCos) regarding accounting and reporting issues. Career progression opportunities exist within the corporate finance organization and within finance teams at our OpCos.
You will report directly to the Vice President - Chief Accounting Officer and have significant interaction with the, Senior Director FP&A and the Director of SEC Reporting.
Your team of direct reports will include:
Your Responsibilities
Your Experience
Your Attributes
Location
Travel
Compensation
EAS will be committed to competitive compensation that typically has key components including base salary, variable annual incentive compensation based on personal and company performance, and long-term incentive.
When you join us, you'll also be joining Danaher's global organization, where 80,000 people wake up every day determined to help our customers win. As an associate, you'll try new things, work hard, and advance your skills with guidance from dedicated leaders, all with the support of powerful Danaher Business System tools and the stability of a tested organization.
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.
The EEO posters are available here.
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 applyassistance@danaher.com to request accommodation.
If you've ever wondered what's within you, there's no better time to find out.
Overview
Danaher Corporation
Danaher (NYSE: DHR) is a global science and technology innovator committed to helping customers solve complex challenges and improve quality of life around the world. Its portfolio of operating companies and world class brands have unparalleled leadership positions in some of the most demanding and attractive industries, including life sciences, medical diagnostics, environmental and applied solutions. With over 25 major operating companies, Danaher drives growth both organically and inorganically through M&A.
Danaher has a diverse team of over 80,000 associates united by a common culture and operating system, the Danaher Business System (DBS). DBS serves as our ultimate competitive advantage and has evolved from a collection of manufacturing improvement tools into a philosophy, set of values, and series of management processes that collectively define who we are and how we do what we do.
In 2021, Danaher generated ~$29B in revenue. The company is ranked #130 on the Fortune 500 and during the past 20+ years, Danaher stock has outperformed the S&P 500 Index by more than 2,000 %. For additional company details, see www.danaher.com.
The New Company
On September 14, 2022, Danaher announced its intention to separate its Environmental & Applied Solutions segment to create an independent, publicly traded company. The new company will be comprised of Danaher's Water Quality and Product Identification businesses and will be referred to as "EAS" until it is named at a later date. This separation will allow EAS greater opportunities to pursue high impact organic and inorganic investments through the combination of a resilient business model (with more than 50% recurring revenue) and a talented team with a foundation built on the Danaher Business System. In 2021, EAS generated ~$4.7B in revenue and has a diverse team of approximately 16,000 associates.
In 2016, Danaher separated its industrial segment and stood up Fortive (NYSE: FTV), creating the separate public entity that has since progressed further in its industry segment and seen significant revenue growth and stock value since separation from Danaher. Danaher also separated its dental segment Envista (NYSE: NVST) in 2019, creating another separate public entity that will continue to see future value. Both companies were driven by the same strong core values and foundations provided by the Danaher Business System and Danaher's associates are pursuing a focused strategy aimed at creating a premier stand-alone EAS company as well. The diversified EAS company will be comprised of existing Danaher companies that are leaders in their markets, including: Hach, ChemTreat, Esko, Linx, McCrometer, Trojan, Videojet, and X-Rite.
About The Role
The Corporate Controller is a critical role within the finance team and a principle financial advisor to our businesses and senior management. In this position you will review and validate financial results for actuals, forecast, and budget submissions. You will be responsible in overseeing the production and oversight of financial reporting for the corporation. You will also have direct oversight over the Company's corporate accounting systems and treasury accounting teams and work closely with the Vice President - Chief Accounting Officer on all aspects of corporate accounting and finance. You will collaborate closely with corporate personnel and will be a key point of contact for operating companies (OpCos) regarding accounting and reporting issues. Career progression opportunities exist within the corporate finance organization and within finance teams at our OpCos.
You will report directly to the Vice President - Chief Accounting Officer and have significant interaction with the, Senior Director FP&A and the Director of SEC Reporting.
Your team of direct reports will include:
- Assistant Corporate Controller
- Company consolidation
- Forecast, actual & budget financial reporting
- Acquisition tracking
- Core Value Driver metrics reporting
- Manager, Treasury Accounting
- Management of EAS's Intercompany Accounting System
- Tax (Accounting System Reporting)
- Accounting for Non-US Debt
- Consolidation of Corporate Holding Entities
- OneStream Systems Administrator
- OneStream administration
- Data Support (DBSO/Procurement)
- Pro Forma/ Reporting Reorganizations
- Systems resource to the Opcos and new acquisitions
- Lucernex Lease accounting administration
Your Responsibilities
- Key point of contact for external auditors in planning and executing their work on corporate activities. In addition, you are will also be a resource for EAS's internal audit department and OPCO personnel in interpretations of GAAP and EAS's policies and a technical accounting resource for OPCOs and Corporate management.
- You will prepare and/or review segment reporting, operating margin improvement, free cash flow forecasting, and any ad-hoc requests for analyses and information for the Group CFOs, Corporate Finance, Investor Relations, and Corporate Development.
- Leading role in the financial integration, acquisition accounting, and acquisition reporting. You will be a subject matter expert on acquisition accounting for the Corporate Development team and operating company finance teams.
- Responsible for performing balance sheet reviews on corporate holding company financial statements.
- Heavily involved in the preparation of the Company's 10-Q's, 10-K's, and occasional SEC reviews.
- Oversee accounting for EAS's debt and equity structure, potentially including US and non-US debt, swaps, and various equity instruments.
- Oversee EAS's procedures manual and involved in maintaining EAS's accounting policy manual.
- Lead and drive project improvement projects in addition to being responsible for understanding new accounting pronouncements and implementing them.
Your Experience
- Should have experience in the financial aspects of acquisitions and divestitures, including due diligence and post-merger integration.
- Need to be able to think strategically and view the business from a general management standpoint as well as from a financial perspective.
- Must be able to work well in a cross-functional, matrixed organization.
- Must be very customer focused in terms of providing accurate financial information to the senior executive team.
- Must be a strong communicator and a team player who is well versed in the details but capable of bridging finance to senior management with a broad, business-oriented organization.
- Will be an independent worker with the ability to operate in a fast-moving, ever-changing environment making tough, difficult accounting and financial-related decisions.
- Must be able to drive and manage change, be non-political, creative and possess a strong desire to win and passion to excel and integrate the finance team into a lean, efficient, results-oriented organization
Your Attributes
- Bachelor's degree in Finance or Accounting with CPA is required.
- Approximately 15 or more years experience in finance and accounting with a history of progressively more complex responsibilities. Management experience in a large international accounting firm is preferred with experience in public company equity and debt offerings.
- Strong global business perspective with understanding of a multinational organization with multiple business units is preferred.
- Strong technical background in SEC reporting for large public companies, US GAAP, and ability to understand, implement and communicate very technical issues in an effective manner.
Location
- TBD
Travel
- Be willing and able to travel as required
Compensation
EAS will be committed to competitive compensation that typically has key components including base salary, variable annual incentive compensation based on personal and company performance, and long-term incentive.
When you join us, you'll also be joining Danaher's global organization, where 80,000 people wake up every day determined to help our customers win. As an associate, you'll try new things, work hard, and advance your skills with guidance from dedicated leaders, all with the support of powerful Danaher Business System tools and the stability of a tested organization.
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.
The EEO posters are available here.
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 applyassistance@danaher.com to request accommodation.
If you've ever wondered what's within you, there's no better time to find out.
