Manager, Billing at Thermo Fisher Scientific

Sofia, Sofia City Province, Bulgaria

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Life Sciences, BiotechnologyIndustries

Requirements

  • Proficient in problem solving and prioritizing
  • Ability to work effectively with all levels of the organization
  • Knowledge of accounting/financial principles and best practices
  • Strong analytical and quantitative skills
  • Excellent presentation skills
  • Proficient in Microsoft Office

Responsibilities

  • Oversight of full billing process across team to ensure timeliness and accuracy: monitors billing request status; reviews monthly unbilled and credit trackers; co-ordinates cover during team absence; ensures all internal processes relating to approvals and escalations are followed; ensures team have access to and are using available systems/tools/reports/trackers to identify billing opportunities and clear unbilled costs; ensures full and up to date billing process and guidance documentation is in place
  • Good awareness of Customer requirements: ensures team are tracking and meeting these effectively; proposes efficient solutions in meeting non-standard requirements; leads discussions when requirements cannot be met due to system limitations
  • Collaborates effectively with other teams across the organization to ensure timely resolution of all billing related queries; builds strong relationships within other functions; supports team where needed with internal and external communications
  • Drives process improvement and standardization: seeks and provides constructive feedback on improvement opportunities; highlights where further training and guidance is required across the team and wider organization and assists in delivering this; communicates regular process reminders; leads cross department meetings to improve processes; assists in the resolution of system errors, assists in the design, enhancement, defect resolution and testing of reports and RPAs; leads process optimisation initiatives
  • Leads recruitment efforts; co-ordinates new team member onboarding and training; provides continued support
  • Focuses on development, engagement, and retention of team: support and coaching during regular one to ones; career development discussions; goal setting and performance reviews; appropriate allocation of customers and tasks across team; soft skills training; recognition of achievements; team re-structures; promotion of teamwork through regular trainings, meetings, and social events
  • Defines the appropriate KPIs and metrics to measure billing productivity and efficiency, assists in gathering measurement data and reviews results monthly
  • Prepares monthly reporting to analyze billing trends, results against targets, credit volumes, request errors and billing timeliness; process walkthroughs and supply of billing data for internal and customer audits
  • Delivers clear and timely communication of company or team goals and any changes that will impact the team

Skills

Key technologies and capabilities for this role

Billing ManagementOrder to CashFinancial TrackingProcess OversightTeam CoordinationApprovals and EscalationsProcess DocumentationCustomer RequirementsStakeholder CollaborationReporting Tools

Questions & Answers

Common questions about this position

What is the work arrangement or location for this role?

This is a full-time position with a standard Monday-Friday schedule in an office environment.

What are the main responsibilities of the Manager, Billing role?

Responsibilities include overseeing the full billing process for timeliness and accuracy, ensuring awareness of customer requirements, collaborating with other teams, driving process improvements, and leading recruitment, onboarding, and team development.

What is the salary or compensation for this position?

This information is not specified in the job description.

What is the team structure in the Global Business Services group?

The GBS Shared Services team has over 2300+ colleagues across five global locations, including the Sofia Finance Shared Services center established in 2013, serving global customers in financial functions like Procure to Pay, Record to Report, and Order to Cash.

What makes a strong candidate for the Manager, Billing position?

Strong candidates should demonstrate leadership in overseeing billing processes, driving improvements and standardization, collaborating across teams, and focusing on team development, recruitment, and retention through coaching and performance reviews.

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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