Accounting Manager

Thermo Fisher Scientific - Woodland Hills, CA (30+ days ago)3.6


Job Description
At Thermo Fisher Scientific, each one of our 65,000 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.

Position Summary

The 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:

Must be proactive and 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.
Compiles and analyzes financial information to prepare financial statements including monthly and annual accounts
Performs accurate and timely monthly close activities, including accrual and other journal entries, intercompany reconciliations, and other account reconciliations and rollforwards
Prepares financial reports to analyze revenues, costs, expenses, transactions, and trends related to financial performance
Provides reports to management to support financial reporting activities
Performs account analysis and reconciliation of the general ledger accounts and transactions
Performs financial audit preparation and interacts 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
Other duties as assigned

Minimum Requirements/Qualifications:
Bachelor's degree in Accounting or a related field with 7 years’ or more experience in a related field / industry, preferably public accounting.
Detail-oriented and self-motivated.
Analytical skills and the ability to handle multiple projects concurrently.
Excellent organizational and problem-solving abilities.
Excellent time-management skills and good practical reasoning skills.
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.
Must be able to use various PC software applications to maximize accuracy and productivity.
Experienced individual must have professional demeanor and deliver accurate work products which conform to policies and procedures.

Key hiring criteria will include but are not limited to:
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
Ability to calculate figures and amounts such as discounts, interest, percentages, etc.
Knowledge of accepted accounting practices and principles (GAAP and IFRS)
Experience with automated accounting systems (ERP) – SAP and HFM
Excellent written and verbal communication skills
Flexibility in scheduling due to business requirements (i.e., month-end close)
Organizational skills and ability to work independently with changing priorities

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of more than $20 billion and approximately 65,000 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.

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.