Sr Cost Accountant at Thermo Fisher Scientific

Apodaca, Nuevo Leon, Mexico

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Manufacturing, Life SciencesIndustries

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or related field
3–5 years of experience in a similar role, preferably in a manufacturing environment
Fluent/Advanced English required
Strong background in cost estimation, pricing analysis, inventory costing, and variance analysis
Experience with SAP
Experience in pricing models for high-mix, low-volume production (desirable)
Advanced Excel skills; knowledge of Spreadsheet Server or Hyperion is a plus
Strong analytical, problem-solving, and organizational skills
Ability to work cross-functionally with Engineering, Manufacturing, Supply Chain, and Finance
Personality that demonstrates accuracy, transparency, discipline, and leadership
Self-motivated, proactive, team-oriented, results-driven, with the ability to manage multiple priorities and negotiate effectively

Responsibilities

Calculate and provide accurate costing and pricing on all special and standard products
Support price list development and pricing strategies to ensure desired profitability and markup
Establish and maintain standard costs for raw materials, subassemblies, and finished goods
Perform annual cost roll-ups and analysis of BOMs (Bills of Materials)
Analyze and compare standard vs. actual costs; provide cost estimates for new models or product launches
Conduct Cost of Goods Sold (COGS) mix analysis and cost simulations
Develop and monitor labor and overhead rates
Perform monthly balance account reconciliations (Inventory, Fixed Assets, Cost of Sales)
Analyze balance account variations (Inventory, Fixed Assets, Accumulated Depreciation)
Conduct monthly analysis of excess, obsolete inventory, raw material consumption, and production variances
Review, audit, and ensure data accuracy for standard costs and pricing
Support financial close activities, including journal entries and reconciliations
Provide financial support during physical inventories and cycle counts; analyze and reconcile results
Collaborate with Operations, Engineering, Supply Chain, and IT to resolve system issues and improve processes
Support internal and external audit requirements
Document and continuously improve cost accounting processes
Lead or support special projects as required

Skills

Key technologies and capabilities for this role

Cost AccountingStandard CostingBOM AnalysisVariance AnalysisCOGS AnalysisInventory ReconciliationFinancial CloseJournal EntriesPricing StrategyAudit SupportExcelERP Systems

Questions & Answers

Common questions about this position

What experience and education are required for the Sr Cost Accountant role?

A Bachelor’s degree in Accounting, Finance, Business Administration, Economics, or related field is required, along with 3–5 years of experience in a similar role, preferably in manufacturing. Strong background in cost estimation, pricing analysis, inventory costing, and variance analysis is also needed.

Is this a remote position or does it require on-site work?

This is an on-site role at the Manufacturing facility in Apodaca, Monterrey, requiring adherence to GMP safety standards and PPE in the work environment.

What technical skills are essential for this position?

Experience with SAP, advanced Excel skills, and knowledge of Spreadsheet Server or Hyperion (a plus) are required. Experience in pricing models for high-mix, low-volume production is desirable.

What kind of work environment and personality traits are they looking for?

The role involves a manufacturing plant environment with GMP standards and PPE, requiring a self-motivated, proactive, team-oriented, results-driven personality that demonstrates accuracy, transparency, discipline, and leadership.

What makes a strong candidate for this Sr Cost Accountant position?

Candidates with 3-5 years in manufacturing cost accounting, SAP experience, advanced Excel, fluency in English, and cross-functional collaboration skills stand out, especially those with a proactive, disciplined personality.

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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