Senior Disbursement Representative at Thermo Fisher Scientific

Budapest, Hungary

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, BiotechnologyIndustries

Requirements

Bachelor’s degree in Accounting, Finance, or Business Administration
Proven experience in accounts payable or a related finance role, with a focus on Procure To Pay (P2P) processes
Strong knowledge of all payment methods for root cause analysis and process improvements
Deep understanding of Accounts Payable processes
Experienced with SAP, Oracle, Navision, QAD, JD E1, Wallstreet
Proficiency in AP software and ERP systems
Solid understanding of accounting principles, practices, regulations, audit, SOX requirements, and VAT rules
Experience in high volume, multi-entity, multi-currency processing
Ability to meet deadlines and manage multiple priorities in a fast-paced environment
Detail-oriented with strong organizational, analytical, and problem-solving skills
Strong interpersonal, written, and verbal communication skills
Professional, customer-focused with high level of accuracy and attention to detail
Ability to process large volumes of information efficiently
Fluent in written and spoken English
Demonstrate Thermo Fisher Scientific values – Integrity, Intensity, Innovation, and Involvement

Responsibilities

Serve as the primary point of contact for all matters related to payment processes
Provide expert guidance and support to the team on P2P processes, policies, and systems
Lead process improvement projects assigned by the team leader (PPI)
Assist in the implementation and maintenance of accounts payable systems and tools
Ensure compliance with corporate policies and procedures
Monitor system performance and troubleshoot any issues that arise
Resolve payment-related queries and issues in a timely manner
Manage the disbursement process, including payment runs, ensuring timely and accurate payments to vendors
Cooperate with other teams in P2P and finance departments in GBS to facilitate process improvements and ensure all impacted teams are involved
Develop and implement standard operating procedures (SOPs) to enhance accuracy and efficiency
Ensure quality in customer service levels is maintained both internally and externally
Maintain a stable overview on the performance of all functions associated with execution, monitoring, and quality of payment runs, master data, and query management
Ensure VAT and TAX payments are completed on time
Support Migration projects from a process perspective: active participation in standardizing incoming tasks and integrating processes to the harmonized GBS EMEA processes
Perform other tasks assigned

Skills

P2P Processes

Accounts Payable

Payment Processing

Process Improvement

SOP Development

VAT Compliance

TAX Payments

System Troubleshooting

Master Data Management

Query Resolution

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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