Lead Accounts Payable Representative at Thermo Fisher Scientific

Budapest, Hungary

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, Scientific ResearchIndustries

Requirements

Fluent in English, both written and spoken
Team person attitude, quick learner, flexibility, and high adaptability to change
Ability to work under pressure and tight deadlines
Process Improvement/Process Standardization/Process Automation experience
Excellent analytical and problem-solving skills
Self-starter, proactive approach
Ability to multitask and follow (frequently changing) priorities
Ability to liaise with GBS Finance Teams (GL Accounting, ICO Accounting) and Site Finance Controllership
Ability to liaise with Internal Controls & Compliance
Ability to handle complex reporting activities (month-end accruals; account reconciliations)
ERP/workflow experience (SAP, Oracle, QAD, Navision, Basware, Coupa, and Tungsten)
Confident knowledge of MS tools (Outlook, Excel)
Strong attention to detail
Ability to act as SME (subject matter expert) in functional area
Solid understanding of accounting principles, practices, and regulations
3+ years of working experience in Accounts Payable
Bachelor’s degree in Accounting, Finance, or Business Administration

Responsibilities

Troubleshoot pending items on a daily basis and support issue resolution to ensure all supplier invoices are payable by their due date; direct cases to the appropriate department or person
Educate internal and external customers on policies and procedures as appropriate
Prepare and provide data for clients; retrieve and request additional documentation when required
Ensure documents are processed in accordance with policies and procedures
Maintain data tracking logs for metrics, production, and compliance reporting; validate accuracy of supporting documentation used in exceptions
Contribute to quality control by reviewing documentation for accuracy and compliance with policies and procedures; adhere to legal and regulatory requirements
Complete assigned work and priorities using policies, data, and resources, collaborating with managers, co-workers, internal clients, and others
Maintain involvement and communication through telephone, email, chat, or other means with internal and external clients
Resolve supplier disputes and issues, including root cause analysis and proactive steps to mitigate future issues
Find opportunities for optimization and continuous improvement of processes, establish new strategies, and apply best practices
Back-up the Team Leader in operational responsibilities as required
Mentor and train new members of the team
Drive the regular maintenance of P2P ledgers, including cash clearing, supplier, and GRNI ledgers
Participate in month-end closing activities (e.g., reporting, reconciliations, accruals, and reviews)
Coordinate projects between multiple teams and departments
Other duties as assigned

Skills

Accounts Payable

Invoice Processing

Troubleshooting

Issue Resolution

Root Cause Analysis

Supplier Disputes

P2P Process

Ledger Maintenance

Month End Closing

Reconciliations

Accruals

Process Improvement

Team Mentoring

Project Coordination

Compliance Reporting

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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