Manager, Accounts Payable at Thermo Fisher Scientific

Sofia, Sofia City Province, Bulgaria

Thermo Fisher Scientific Logo
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

Accounts Payable
Procure to Pay
RPA
AI OCR
SOX Compliance
SLAs
KPIs
Process Standardization
Automation
Vendor Management
Invoice Processing

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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