Senior Tax Analyst at Thermo Fisher Scientific

Waltham, Massachusetts, United States

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

Requirements

  • Minimum 2+ years of relevant corporate income tax experience, public accounting experience is a plus
  • Bachelor's degree in Accounting preferred
  • CPA and/or MST is a plus
  • HFM and OneSource Tax Provision software experience preferred
  • Strong software skills including Excel, HFM Retrieve and other similar tools preferred
  • Strong written and verbal communication and interpersonal skills
  • Self-motivated individual who is dependable and can follow through on all assignments
  • Strong self-starter with initiative, attention to details and strong organizational skills

Responsibilities

  • Assist in completing the quarterly and yearly tax provision under ASC 740, including the deferred tax asset/liability calculations
  • Assist with all required quarterly and annual tax-related internal reporting and SEC disclosures
  • Maintain OneSource Tax Provision module and associated workpapers, function as OneSource Tax Provision administrator within the group
  • Research and resolve all tax financial reporting positions including but not limited to situations involving the application of valuation allowances, ASC718 (FAS123r) and ASC270 (interim reporting requirements)
  • Assist with required quarterly and annual SOX controls
  • Responsible for identifying, analyzing and resolving tax issues and their financial impacts on a wide range of transactions and global business initiatives
  • Analyze tax implications of company structuring and planning initiatives, including preparing multiple forecast scenarios in the OneSource Tax Provision module
  • Review U.S. Federal and State tax return to provision analyses and tax return to provision analyses for various international tax jurisdictions
  • Play a key role in continuous improvement of quarterly and annual tax accounting and reporting processes, including evaluating tax operational processes and finding opportunities for automation and technology solutions
  • Communicate with outside service providers
  • Perform other duties and special projects as assigned
  • Conduct tax research using online tools and resources

Skills

ASC 740
Deferred Tax
OneSource Tax Provision
SOX Controls
Tax Provision
SEC Disclosures
Valuation Allowances
ASC 718
ASC 270
Tax Research
US Federal Tax
State Tax
International Tax

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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