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Manager of Benefits Accounting in Brea, California at Danaher

Date Posted: 3/15/2019

Job Snapshot

Job Description

Job ID: DEN000334

About Us

Danaher's Dental Platform is a $3B global business focused on all aspects of dental care.  With the intention to spin-off the Dental Platform to become its own public company in the second half of 2019, “Dental Co” will become one of the largest and most innovative dental companies in the world.  We are changing the face of dentistry with our differentiated portfolio of products designed to serve every dental professional’s need. It is our mission to make our dentist's work simpler and better connected so more patients are cared for in a shorter time. Our dental brands include traditional consumables and equipment (KaVo Kerr) and specialty products (Ormco and Nobel Biocare).

Description

POSITION SUMMARY:  The successful candidate will be responsible for managing the accounting around the company’s benefits program, including health care, deferred compensation, pension plans, and other related retirement programs. This will include coordinating and managing the pension plan audits. In addition, the candidate will be responsible for managing and accounting for the company’s stock option and RSU program in accordance with US GAAP. The candidate will work closely with corporate personnel, and the external financial and internal audit groups, and will be a key point of contact for entity Controllers with respect to accounting and reporting issues related to benefits.


ESSENTIAL DUTIES AND RESPONSIBILITIES: 

  • Oversee the entire benefits accounting function
  • Perform stock option and RSU accounting
  • Work with payroll to ensure proper taxation of benefits
  • Manage the completion of 5500’s
  • Provide financial statements, analysis and other key management reports as necessary
  • Prepare, review, analyze and manage monthly reporting packages
  • Assist in the monthly close process by preparing various monthly journal entries, accruals, and account reconciliations
  • Coordinate 401k funding and distribution and perform monthly reconciliation.  
  • Coordinate monthly health care charges being pushed out to operating companies
  • Support management in completing special projects, ad-hoc reporting and analysis requests
  • Lead and drive project improvement projects

Job Requirements



Qualifications

Education and/or Experience:

  • Bachelor's degree in accounting or finance
  • CPA required, big 4 experience preferred
  • At least 5-7 years of experience working in benefits accounting
  • Experience with pension plan audits
  • Experience with stock option accounting and Black-Scholes model
  • Understanding of employee compensation / pension accounting preferred
  • Outstanding communications, analytical, planning, and teamwork skills
  • Outstanding people skills with the ability to communicate and interact with all levels of the organization and with many diverse individuals and cultures
  • Knowledge of accounting procedures and GAAP accounting principles
  • Proficiency in accounting systems, especially HFM and ERP  (Oracle/SAP)


Personal Characteristics and Traits:

  • Ability to work well under pressure with strict deadlines while maintaining a positive attitude
  • Possess a very high sense of urgency
  • Ability to build strong rapport with associates at all levels of the organization
  • Must have strong interpersonal and communications skills and be a team player
  • Ability to be nimble and quickly react to changing priorities
  • Must be hands-on and detail-oriented but able to see the big picture 
  • A continuous improvement mentality a must
  • Possess high energy and able to handle conflict well
  • Analyze complicated issues and boil down to the key points
  • Excellent verbal and writing skills; fluent in English



Danaher Corporation and all Danaher Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law. The “EEO is the Law” poster is available at: http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf.


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Danaher Corporation Overview

On July 19, 2018, Danaher announced its intention to spinoff the Dental Platform to form a new publicly traded dental company. The new company “DentalCo” (to be named later) will create one of the largest and most innovative dental companies in the world. The benefits of this spinoff will allow the Dental business to be more impactful, with greater focus around organic and inorganic growth; be more agile and quick to respond to changing market environments; allow increased access to capital to innovate and invest in clinical and practice workflows; as well as, allow for significant career opportunities for associates and leaders. DentalCo will be a public entity traded on the NYSE. Collectively, its businesses generated roughly $2.8 billion in revenues in fiscal year 2017 with a global presence in 100 countries, with 20 manufacturing sites. The spinoff of DentalCo will enable the new company with increased growth and future value. The Company will be driven by the same strong core values and a foundation provided by the Danaher Business System, Danaher's associates are pursuing a focused strategy aimed at creating a premier stand-alone Dental company – “Danaher 3.0”.