Cost Accountant III at Thermo Fisher Scientific

Apodaca, Nuevo Leon, Mexico

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
ManufacturingIndustries

Requirements

  • Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or related field
  • 3–5 years of experience in a similar role, preferably in a manufacturing environment
  • Fluent/Advanced English required
  • Strong background in cost estimation, pricing analysis, inventory costing, and variance analysis
  • Experience with ERP systems (SAP strongly preferred)
  • Experience in pricing models for high-mix, low-volume production (desirable)
  • Advanced Excel skills; knowledge of Spreadsheet Server or Hyperion is a plus
  • Strong analytical, problem-solving, and organizational skills
  • Ability to work cross-functionally with Engineering, Manufacturing, Supply Chain, and Finance
  • Personality that demonstrates accuracy, transparency, discipline, and leadership
  • Self-motivated, proactive, team-oriented, results-driven, with the ability to manage multiple priorities and negotiate effectively

Responsibilities

  • Calculate and provide accurate costing and pricing on all special and standard products
  • Support price list development and pricing strategies to ensure desired profitability and markup
  • Establish and maintain standard costs for raw materials, subassemblies, and finished goods
  • Perform annual cost roll-ups and analysis of BOMs (Bills of Materials)
  • Analyze and compare standard vs. actual costs; provide cost estimates for new models or product launches
  • Conduct Cost of Goods Sold (COGS) mix analysis and cost simulations
  • Develop and monitor labor and overhead rates
  • Perform monthly balance account reconciliations (Inventory, Fixed Assets, Cost of Sales)
  • Analyze balance account variations (Inventory, Fixed Assets, Accumulated Depreciation)
  • Conduct monthly analysis of excess, obsolete inventory, raw material consumption, and production variances
  • Review, audit, and ensure data accuracy for standard costs and pricing
  • Support financial close activities, including journal entries and reconciliations
  • Provide financial support during physical inventories and cycle counts; analyze and reconcile results
  • Collaborate with Operations, Engineering, Supply Chain, and IT to resolve system issues and improve processes
  • Support internal and external audit requirements
  • Document and continuously improve cost accounting processes
  • Lead or support special projects as required

Skills

Cost Accounting
Standard Costing
Variance Analysis
BOM Analysis
COGS Analysis
Inventory Reconciliation
Journal Entries
Physical Inventory
Cycle Counts
Pricing Strategy
Labor Rates
Overhead Rates
Financial Close

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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