Senior Accountant at Thermo Fisher Scientific

Portage, Michigan, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life SciencesIndustries

Requirements

Bachelor’s degree in Accounting required, Master’s degree preferred
CPA, CMA, CIA, or equivalent certification preferred
Minimum 5+ years of progressive accounting experience, 2+ years in senior role preferred
Microsoft Office suite experience required with advanced Excel skills. Previous experience with HFM/CMR SAP system a plus
Strong understanding of US GAAP and experience with researching and applying accounting guidance. Experience with ASC 606 – Revenue from Contracts with Customers and ASC 842 – Leases a plus
Excellent analytical and problem-solving skills with a keen attention to detail
Strong written and verbal communication skills, with the ability to explain complex accounting concepts to non-financial team members
Ability to proactively manage deadlines, prioritize, and balance priorities

Responsibilities

Prepare and review financial statements and supplemental reporting, ensuring accuracy and compliance with US GAAP. This includes loading and reconciliation to corporate systems
Research and apply accounting standards and guidance to complex transactions and new business initiatives
Lead the month-end close process, including journal entries, reconciliations, and variance analysis
Find opportunities for process improvements and implement standard procedures to enhance efficiency and accuracy in accounting operations
Ensure Sarbanes Oxley (SOX) compliance with internal controls, policies, and procedures, as well as external regulatory requirements
Assist in the preparation of budgets and forecasts, providing insights and analysis to support decision-making. This includes management of the marketing checkbook
Conduct financial analysis on expenses to identify trends, variances, and opportunities for cost savings
Maintain and update the fixed asset register, ensuring proper capitalization, depreciation, and periodic reconciliation. This includes evaluating and accounting for unique customer contracts which include instrumentation
Review and audit cycle counts and reconcile inventory records to ensure accuracy and identify discrepancies
Partner with intercompany distributor to reconcile invoices and ensure timely payment
Perform ad hoc financial analysis and reporting as needed to support management and business unit

Skills

Key technologies and capabilities for this role

US GAAPSOX ComplianceFinancial ReportingMonth-End CloseJournal EntriesReconciliationsVariance AnalysisProcess ImprovementBudgetingForecastingExpense AnalysisFixed AssetsDepreciationInventory ReconciliationIntercompany Invoicing

Questions & Answers

Common questions about this position

What qualifications and experience are required for the Senior Accountant role?

A Bachelor’s degree in Accounting is required, with a Master’s degree preferred; CPA, CMA, CIA or equivalent certification is preferred. Minimum 5+ years of progressive accounting experience is needed, with 2+ years in a senior role preferred.

What technical skills are necessary for this position?

Microsoft Office suite experience is required with advanced Excel skills; previous experience with HFM/CMR SAP system is a plus. Strong understanding of US GAAP is needed, with experience in ASC 606 and ASC 842 preferred.

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

This is an office-based role with standard Monday-Friday schedule and office environmental conditions.

What is the salary or compensation for this Senior Accountant position?

This information is not specified in the job description.

What soft skills are important for success in this role?

Excellent analytical and problem-solving skills with keen attention to detail, strong written and verbal communication skills, and a passion for process improvement are essential.

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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