Accounts Payable Supervisor at Thermo Fisher Scientific

Budapest, Hungary

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life SciencesIndustries

Requirements

University or College degree
5+ years prior experience in Shared Services or Global Business Services
Ability to meet deadlines and manage multiple tasks in a fast-paced environment
Excellent interpersonal, written, and verbal communication skills
Consistent track record of managing people and processes

Responsibilities

Supervise all E2E daily operations within the Accounts Payable team, including accounting, query management, invoice issue resolution, quality controls, and IDOC management
Provide daily interaction, training, direction, and oversight of staff activities to ensure coordination, accuracy, and timely delivery of work outputs
Oversee and review month-end closing activities, including account reconciliations and journal entries
Ensure timely clearance of aged items on general ledgers and maintain overall balance in accordance with accounting standards
Implement and carry out accounting policies and procedures to maintain accurate financial records
Ensure the accuracy and completeness of the accounts payable sub-ledger and its reconciliation with the general ledger
Monitor and reduce AP related Trade - GR/IR items on a monthly basis
Use BlackLine for account reconciliations and ensure all reconciliations are completed accurately and timely
Collaborate with the finance team to support financial planning, forecasting, and budgeting processes
Monitor and troubleshoot invoice fall outs daily to ensure payment due date adherence
Supervise the timeliness and accuracy of supplier invoice query and issue resolution processes
Ensure quality in customer service levels is maintained both internally and externally
Work closely with the GBS Control & Compliance team
Adhere to Internal & External Audit guidelines and provide reporting as requested
Perform special projects and ad-hoc reporting as required within the functional area
Connect and build the network with other P2P departments to leverage and share standard methodologies
Support global process standardization and the implementation and maintenance of accounts payable automation tools and technologies for functional area
Hold supervisory/administrative responsibility for development of staff members, including hiring, performance development and annual review, disciplinary actions, coaching and counseling, personal development and career advancement, succession planning, etc

Skills

Key technologies and capabilities for this role

Accounts PayableProcure-to-PayIDOC ManagementInvoice ProcessingQuery ManagementQuality ControlProcess OptimizationAutomationAccount ReconciliationJournal EntriesMonth-End ClosingRoot Cause Analysis

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

This is an office-based position with standard Monday-Friday hours in an office environment.

What are the main responsibilities of the Accounts Payable Supervisor?

The role involves supervising end-to-end AP operations including query management, invoice troubleshooting, quality control, and IDOC issue resolution, overseeing staff, month-end reconciliations, process optimization, and ensuring compliance and accuracy.

What skills or experience are required for this role?

Experience in leading AP operations, process optimization, account reconciliations using BlackLine, root cause analysis, and compliance with audit guidelines is essential, along with supervisory skills for cross-functional teams.

What is the salary or compensation for this position?

This information is not specified in the job description.

What kind of team does this role supervise?

The role supervises cross-functional teams handling supplier and business queries, invoice processing issues, quality monitoring, and system interface errors within GBS Budapest for the EMEA region.

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.

Land your dream remote job 3x faster with AI

Try Jobo Free