Senior Accountant at Thermo Fisher Scientific

Ottawa, Ontario, Canada

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

Requirements

  • Bachelor’s degree in Accounting, Finance, or related field; CPA or CPA designation in progress preferred
  • 3+ years of accounting experience, with exposure to inventory or cost accounting
  • Strong knowledge of GAAP and internal controls; SOX compliance experience an asset
  • Proficiency in ERP systems and advanced Excel skills (pivot tables, VLOOKUP, data analysis)
  • Excellent analytical, organizational, and problem-solving skills with attention to detail
  • Strong communication skills with the ability to work cross-functionally

Responsibilities

  • Oversee inventory-related GL accounts, month-end close, and reconciliations
  • Ensure accurate gross margin reporting through cost adjustments and compliance
  • Lead annual physical inventory counts, variance analysis, and corrective actions
  • Manage inventory valuation, revaluation, and cost of sales accuracy
  • Support budgeting with inventory reserve and accrual planning
  • Collaborate with AP, Supply Chain, and Finance to resolve discrepancies and improve processes
  • Maintain accuracy and controls through journal entries and reconciliations
  • Provide guidance to junior staff and foster cross-team collaboration
  • Drive process improvements and leverage analytics for efficiency and accuracy

Skills

Key technologies and capabilities for this role

GAAPSOXERPExcelPivot TablesVLOOKUPJournal EntriesReconciliationsInventory ValuationCost AccountingMonth-End Close

Questions & Answers

Common questions about this position

What qualifications are required for the Senior Accountant position?

A Bachelor’s degree in Accounting, Finance, or related field is required, with CPA or CPA designation in progress preferred. Candidates need 3+ years of accounting experience, preferably with inventory or cost accounting, strong GAAP knowledge, SOX compliance experience as an asset, proficiency in ERP systems, advanced Excel skills, and excellent analytical, organizational, problem-solving, communication, and cross-functional collaboration skills.

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

This is an office-based position with standard Monday-Friday hours and office environmental conditions.

What is the salary or compensation for this role?

This information is not specified in the job description.

What does the team structure look like for this role?

The role involves providing guidance to junior staff and fostering cross-team collaboration with AP, Supply Chain, and Finance teams.

What makes a strong candidate for this Senior Accountant role?

Strong candidates will have CPA designation or progress toward it, inventory/cost accounting experience, SOX compliance knowledge, ERP proficiency, advanced Excel skills, and proven analytical and cross-functional communication abilities.

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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