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Danaher Corporation Senior Director Global Revenue Accounting in Elk Grove Village, Illinois

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 Senior Director of Global Revenue Accounting is responsible for providing executive leadership and practical direction for the global Finance and Accounting organization in the areas of revenue recognition, related accounting policies and guidelines.

This position is part of the Global Controller organization will be remote within the United States working PST hours with monthly travel to the Bay Area.

In this role, you will have the opportunity to:

  • Be a business partner to the Sales leadership and Order Management teams to understand their needs, provide options and recommendations for deal structure and contract language to enable revenue growth while ensuring accounting compliance.

  • Own the revenue accounting close process globally with emphasis on North America. Responsibilities include accurate accounting, revenue cut-off procedures, close procedures, internal control monitoring and compliance. Provide leadership for revenue recognition for Europe and APAC regions

  • Be the champion for all lease accounting, including OTL/STL reviews for the growing instrument rental business. Guidance on worldwide Lessee accounting including embedded lease analysis, and disclosures

  • Ensure accurate calculation and recording of distributor rebates.

  • Preform revenue accounting under ASC 606, including MEA analysis, reporting of UPO commitments, sales training, managing the revenue help desk and other disclosures.

  • Partner with Regional Controllers and Director of Consolidations & Reporting to review and report financial results and statistics for international entities, balance sheet adequacy, investigate unexpected accounting issues.

  • Lead cross functional projects to resolve complex accounting challenges resulting from the revenue business model changes, or other reasons and implement new or modified revenue accounting standards in collaboration with Danaher.

The essential requirements of the job include:

  • Bachelor's degree in Accounting/Economics and an active CPA

  • 14 years of relevant experience with a bachelor degree OR 12 years with a Master's degree and ideally 4 years in a public accounting setting with audit experience AND 4 years managing people.

  • Experience with Revenue recognition at a multi-billion-dollar manufacturing company

  • Proven business acumen; experience providing business support to commercial teams

  • Outstanding organizational skills, project management of large-scale/global initiatives.

  • Experience with larger ERP systems (SAP) and related data across a global business.

  • Ability to travel internationally according to business needs

It would be a plus if you also possess previous experience in:

  • Big 4 preferable but not required if candidate possesses relevant experience

  • Medical device or biotech experience is a plus.

  • Experience working in a global, matrixed environment

Cepheid, a Danaher company, offers a broad array of comprehensive, competitive benefit programs that add value to our lives. Whether it’s a health care program or paid time off, our programs contribute to life beyond the job. Check out our benefits at danaherbenefitsinfo.com.



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 (https://www.danaher.com/how-we-work/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 (https://www.dol.gov/agencies/ofccp/posters) .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.

Operating Company: Cepheid