Thermo Fisher Scientific

Revenue Accountant II

Philippines

Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Life Sciences, HealthcareIndustries

Requirements

Candidates must possess an Accounting Degree or be a Qualified Accountant (CA, CPA, CIMA, or ACCA). They should also have excellent communication skills for building relationships at all levels and proficiency in Excel. Experience with revenue recognition is beneficial but not essential.

Responsibilities

The Revenue Accountant II will ensure accurate revenue recognition in compliance with company policies and accounting standards. This includes reviewing customer contracts and complex transactions, serving as a business partner to sales and finance teams, and providing technical accounting expertise. The role involves identifying risks, exercising professional judgment, and assisting with financial reporting. Key tasks include completing month-end revenue processes such as accruals, deferrals, and reconciliations, analyzing deferred revenue, and supporting process improvement initiatives using PPI methodology. Participation in special finance projects like migrations and centralization is also expected.

Skills

Revenue Recognition
Accounting Principles
Financial Reporting
Excel
Month-end Close
Accruals
Deferrals
Reconciliations
Deferred Revenue Analysis
Practical Process Improvement (PPI)

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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