Senior Financial Analyst - Inventory

Molecular Devices

Molecular Devices

IT, Accounting & Finance
Budapest, Hungary
Posted on Sunday, July 7, 2024

Be part of something altogether life-changing!

Working at Cytiva means being at the forefront of providing new solutions to transform human health. Our incredible customers undertake life-saving activities ranging from fundamental biological research to developing innovative vaccines, new medicines, and cell and gene therapies.

At Cytiva you will be able to continuously improve yourself and us – working on challenges that truly matter with people that care for each other, our customers, and their patients. With associates across 40+ countries, Cytiva is a place where every day is a learning opportunity – so you can grow your career and expand your skills in the long term.

Forming part of the Biotechnology segment at Danaher, we bring together dedicated technical expertise and talent to develop the next generation of life-changing therapeutics.

The Senior Financial Analyst - Inventory for Cytiva is responsible for preparing certain global inventory accounting entries & analysis, primarily related to the Excess & Obsolete (E&O) reserves and other inventory reserves.

This position is part of the global Inventory Process Controllership COE team and will be located in the Budapest office with three days at the office and two days mobile work. At Cytiva, our vision is, to advance future therapeutics from discovery to delivery.

What you will do:

  • Prepare the E&O reserve balances & analysis for the global Oracle legal entities (including manufacturing sites & distribution warehouses)

  • Collaborate with Plant controllers & Business Finance leaders to facilitate accurate & timely E&O reserves

  • Prepare & record the E&O quarterly general ledger entries

  • Help implement process improvement and automation

  • Help implement global standard work to ensure E&O accuracy and link E&O movements to underlying business/site performance

  • Prepare inventory account reconciliations

  • Participate in global Sarbanes-Oxley testing of inventory processes

Who you are:

  • Studies in economics with focus on finance and accounting or equivalent

  • First experience in an accounting/finance positions

  • Knowledge & experience of inventory accounting

  • Previously worked in a global business environment with experience of global processes & transactional flows

  • Proficient in Excel and in ERP usage (for example Oracle, SAP)

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

  • Strong analytical skills: able to analyze large quantities of data, identify trends and drivers, link financial results to operational performance and distil them into insightful analysis

  • BI tools, for example QlikSense, OneStream

    At Cytiva we believe in designing a better, more sustainable workforce. We recognize the benefits of flexible, hybrid working arrangements for eligible roles and are committed to providing enriching careers, no matter the work arrangement. This position is eligible for a hybrid work arrangement in which you can work part-time at the Company location identified above and part-time remotely from your home. Additional information about this hybrid work arrangement will be provided by your interview team. Explore the flexibility and challenge that working for Cytiva can provide.

    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.