Manager, Accounts Payable at Thermo Fisher Scientific

Sofia, Sofia City Province, Bulgaria

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Life SciencesIndustries

Requirements

University degree in Finance, Accounting, Business, or related discipline; professional certification (e.g., ACCA, CPA, CIMA) preferred
8–10 years of progressive experience in Accounts Payable or P2P, with at least 3 years in a people management or leadership role
Strong understanding of global P2P operating models, controls, compliance frameworks (e.g., SOX, GDPR), and tax implications (e.g., VAT, WHT)
Proven experience managing large, distributed teams in a shared services or multinational environment
Demonstrated ability to lead process optimization, automation, and change initiatives
Strong interpersonal, stakeholder management, and communication skills, with experience engaging senior leadership and cross-functional partners
ERP proficiency (e.g., SAP, Oracle, Coupa, Ariba) and familiarity with payment and invoice automation tools
Keen attention to detail and strong financial analysis skills
Excellence in vendor relationship management
Emphasis on continuous improvement
Effective team leadership and collaboration skills
Adaptability to changing environments
Ethical conduct

Responsibilities

Provide strategic and operational leadership to the global Accounts Payable teams, including regional teams, supervisors, and senior specialists
Oversee end-to-end AP operations, ensuring accurate and timely processing of invoices, payments, and vendor queries across multiple legal entities and regions
Develop, implement, and monitor SLAs, KPIs, and performance dashboards to ensure operational excellence and accountability
Drive global process standardization, automation (e.g., RPA, AI-enabled OCR), and continuous improvement across invoice-to-pay processes
Collaborate with Procurement, Finance, Treasury, and Compliance teams to optimize P2P performance, working capital, and risk management
Ensure adherence to internal controls (SOX), tax and regulatory requirements, and corporate policies, especially in highly regulated environments (e.g., clinical research)
Manage internal and external audit requirements; support statutory, group, and management reporting as needed
Lead and develop a high-performing AP team; coach and mentor direct reports and identify future leadership talent
Lead or support global transformation projects, ERP rollouts, business transitions, and M&A integrations
Represent the AP function in governance forums, business reviews, and stakeholder engagements at senior levels

Skills

Key technologies and capabilities for this role

Accounts PayableProcure to PayRPAAI OCRSOX ComplianceSLAsKPIsProcess StandardizationAutomationVendor ManagementInvoice Processing

Questions & Answers

Common questions about this position

What experience is required for the Manager, Accounts Payable role?

Candidates need a university degree in Finance, Accounting, Business, or related discipline with professional certification preferred, 8–10 years of progressive experience in Accounts Payable or P2P, and at least 3 years in a people management or leadership role.

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

The role is based in an office environment in Sofia.

What is the salary or compensation for this position?

This information is not specified in the job description.

What does the team structure look like for this role?

The role involves providing strategic and operational leadership to global Accounts Payable teams, including regional teams, supervisors, and senior specialists, within the Global Business Services Shared Services team of over 2300+ colleagues across five global locations.

What makes a strong candidate for this Manager, Accounts Payable position?

A strong candidate will have proven experience managing large, distributed teams, strong understanding of global P2P operating models, controls, compliance frameworks like SOX and GDPR, and tax implications, along with leadership in process standardization and automation.

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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