Thermo Fisher Scientific Sr. Manager, Accounting in West Hills, California
At Thermo Fisher Scientific, each one of our 70,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer. When you’re part of the team at Thermo Fisher Scientific, you’ll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you’ll be supported in achieving your career goals.
The senior accounting manager, working concurrently with the Shared Services accounting team, will ensure the integrity of the transactions affecting the general ledger. This position requires the ability to review transactions for proper accounting treatment in accordance with company policy and U.S. GAAP. This includes facilitating general ledger month-end close including preparation of journal entries, reconciling inter-company accounts; facilitate monthly reconciliations and analyses of general ledger asset and liability accounts; calculate and track rebates and royalties; help in the preparation of state sales and use tax returns as required; review accounts payable detailed aging; and work on special projects incorporating research/analysis as requested. This role is responsible for performing account analysis and reconciliation of the general ledger accounts and transactions:
The senior accounting manager/controller takes an active role in the daily management of the business and works alongside the finance, operations and supply chain directors.
Lead the monthly close process and ensure timely/accurate reporting of financial results/forecasts.
Must be proactive/strong in problem solving, trouble shooting, root cause analysis, identifying and reconciling accounting issues and working/managing a remote shared services team in Costa Rica.
Ability to work and lead tight monthly accounting/reporting deadlines.
Partner with FP&A team, shared services accounting team and other departments to meet monthly corporate SAP/HFM accounting and finance submission deadlines.
Manage dept expense reviews. Oversee AR/AP, ensure AOP AR, inventory, expense targets are met.
Generate annual budgets and be a significant contributor to the business strategic and annual operating plan process
Performs accurate and timely monthly close activities, including accrual and other journal entries, intercompany reconciliations, and other account reconciliations and roll-forwards
Prepares financial reports to analyze revenues, costs, expenses, transactions, and trends related to financial performance. Perform account analysis, reconciliation of GL accounts/transactions
Lead financial audit preparation, interact with audit teams including the SOX compliance controls.
Prepares tax returns in multiple jurisdictions, maintaining appropriate supporting documentation. Monitors, researches and supports taxation issues
Ensure warranty revenue, and amortization schedules are accurate for inventory at customer site and demo equipment.
Manages all license agreements and royalty revenue and payables.
Works closely across all of finance and with other business departments
Provides coverage (backup) to support other accounting and finance duties when necessary
Detail-oriented and self-motivated. Analytical skills and the ability to handle multiple projects concurrently. Commitment to continuous improvement. The ability to participate as a team member in the department and the company as a whole. Interact positively with all levels of associates.
Ability to multi-task and exercise discretion while handling sensitive information
Capacity to act as a self-starter and as a team player with strong follow-up skills
Knowledge of accepted accounting practices and principles (GAAP and IFRS)
Experience with automated accounting systems (ERP) – SAP and HFM
Flexibility in scheduling due to business requirements (i.e., month-end close)
Strong accounting background
Prior controller experience
ERP system experience including SAP/HFM
Life science industry experience a plus
Education and Work Experience:
Bachelor's degree in Accounting or a related field with 7 years’ or more experience in a related field / industry, preferably public accounting.
4+ years of management experience
CPA preferred. MBA a plus.
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of more than $20 billion and approximately 70,000 employees globally. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics, deliver medicines to market and increase laboratory productivity. Through our premier brands – Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services – we offer an unmatched combination of innovative technologies, purchasing convenience and comprehensive services.
If you are an individual with a disability who requires reasonable accommodation to complete any part of our application process, click here at https://jobs.thermofisher.com/page/show/eeo-affirmative-action-statement#accessibility for further assistance.
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.