Accountant I - Cash & Bank at Thermo Fisher Scientific

Quezon City, Metro Manila, Philippines

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Life SciencesIndustries

Requirements

  • University or College Degree in Finance field
  • Experience of high volume intercompany or Accounts Payable environment
  • 1 to 3 years previous experience in a large scale organisation (beneficial)
  • Working knowledge of ERPs (E1 or SAP) (desired but not essential)
  • Highly motivated and detail oriented
  • Excellent communication, computer and organisational skills
  • Ability to prioritise and follow through in a fast-paced, multitask environment
  • Excellent attention to detail
  • Proficient in MS Excel
  • Ability to work well under time constraints
  • High level of proactivity to drive continuous improvement
  • Proficient in English
  • Demonstrate Thermo Fisher Scientific values – Integrity, Intensity, Innovation and Involvement

Responsibilities

  • Manage specific bank accounts throughout the month, ensuring all entries posted either manually or automatically, investigating and resolving any differences
  • Work with Accounting teams to clear cash in transit accounts
  • Work with Accounting teams and Treasury to ensure mapping rules are set up correctly
  • Review and clear aged unallocated items on bank clearing accounts
  • Agree with the IHB cash pool statement for month-end close
  • Book any month-end adjustments as required to reconcile bank GLs
  • Process bank transactions in a timely and accurate manner resolving any issues
  • Allocate outgoing payments and non customer related receipts on a daily basis
  • Perform balance sheet account reconciliations for accounts within the roles remit, research and resolve any reconciling items on a monthly basis
  • Assist Sarbanes-Oxley team with walkthrough and control testing performance and coordination
  • Assist with requests from external and internal auditors as well as various groups companywide
  • Complete special projects as requested

Skills

Bank Reconciliation
Cash Management
Treasury
Sarbanes-Oxley
GL Reconciliation
Payment Processing
Balance Sheet Reconciliation
Month-End Close
Auditing Support

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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