Sr. Director Accounting - Finance Controller NA at Thermo Fisher Scientific

Waltham, Massachusetts, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Life SciencesIndustries

Requirements

Bachelor’s Degree in Accounting or Finance
Advanced Qualification strongly desired (CPA or MBA)
10 years of progressive accounting/finance leadership experience with a combination of public accounting and industry experience
Experience in leading a diverse global financial month-end while maintaining a strong control environment
Experience with JDE E1 and Hyperion Financial Management preferred
Solid understanding of U.S. GAAP with proven technical skills including experience with complex revenue arrangements
Outstanding collaborator with excellent interpersonal and teamwork skills and knows how to influence without authority
Strong written communication skills, along with clear and concise verbal skills
Ability to drive continuous improvement with a successful track record of optimizing processes with excellent analytical and problem-solving skills

Responsibilities

Drive financial reporting and consolidation process for all sites within the NA region
Oversight of the work performed by the local accounting teams supporting the Life Sciences Solutions Group in NA including the NA shared service center
Review balance sheet and income statement fluxes to analyze transactions and trends related to financial performance
Drive working capital performance and achievement of cash and DSO targets by the NA AR teams
Ensure compliance with U.S. GAAP, Sarbanes-Oxley requirements, company policy, approval authority matrix and standard operating procedure
Collaborate with technical accounting teams to review complex transactions to ensure accurate accounting treatment
Collaborate with Global Business Services (GBS) team to develop and optimize regional/country shared service strategy to drive operational efficiency
Purchase accounting support for NA Group acquisitions and integration into our accounting and reporting structure and processes
Coordination with external and internal auditors on audits and quarterly reviews
Evaluate efficiency and effectiveness of accounting processes. Coordinate accounting policy revisions/waivers to strengthen control environment and support the business

Skills

Key technologies and capabilities for this role

Financial ReportingConsolidationUS GAAPSarbanes-OxleySOX ComplianceBalance Sheet ReviewIncome Statement AnalysisWorking Capital ManagementDSOPurchase AccountingTechnical AccountingAuditsShared Services

Questions & Answers

Common questions about this position

What education and experience are required for the Sr. Director Accounting role?

A Bachelor’s Degree in Accounting or Finance is required, with an advanced qualification like CPA or MBA strongly desired. Candidates need 10 years of progressive accounting/finance leadership experience, including a mix of public accounting and industry, plus experience leading global month-end processes with strong controls.

What key skills and abilities are needed for this Finance Controller position?

Candidates need a solid understanding of U.S. GAAP with technical skills in complex revenue arrangements, outstanding collaboration and interpersonal skills, strong written and verbal communication, and a track record in process optimization with analytical and problem-solving abilities.

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

The position involves office environmental conditions with a standard Monday-Friday work schedule.

What does the team structure look like for this role?

This is a key leadership role within the LSG Controllership team, involving close work with accounting teams, global shared service centers, group controllership, FP&A teams, technical accounting, Global Business Services, and auditors.

What experience with specific tools is preferred for this position?

Experience with JDE E1 and Hyperion Financial Management is preferred.

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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