Accountant I

Job Description

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives. Ranked #95 on the 2021 Fortune 500 list and with revenues of more than $40 billion, you’ll discover endless opportunities to grow a rewarding career as part of the world leader serving science.

Position Summary:

Reporting to the AR Supervisor, the Associate Accountant is responsible in supporting strategic credit control and collection framework, providing effective credit risk management and driving collections performance. Account Receivable includes Credit & Collections, Billing and Cash Applications. The position is responsible to achieve AR key metrics and deliverables to support our business objectives and includes, but not limited to, supporting project implementations and business partnering.

Responsibilities include but are not limited to the following:

• Perform Accounts Receivables duties in line with the company’s credit policies and procedures.
• Perform periodic review of credit limits on customer accounts
• Ensures orders are managed and released timely in accordance to guidelines
• Compile and maintain accurate and complete accounts receivable records in Cforia system to include contacts, status of past due, and any disputes identified
• Work cross-functionally with FP&A, Commercial and Customer Services teams to resolve any outstanding discrepancies on AR
• Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX compliance
• Participate in various finance SOP projects and initiatives to drive process improvements and automation
• Participate and support on revenue recognition accounting

Other AR accounting tasks include but are not limited to:

• reviewing monthly and quarterly balance sheet reconciliations, and financial reporting packages
• reviewing SAB104 for revenue recognition, and ensuring that transactions are accurately recorded in accordance with policies in the proper accounting periods
• reviewing monthly ageing reports ad analysis
• monitoring credit reviews using financial and/or relevant reports
• managing various audits
• other ad-hoc duties as required and/or assigned.

Minimum Requirements/Qualifications:

• Accounting qualification (Bachelor’s degree or equivalent in Accountancy)
• 4 years B2B Accounts Receivable experience, preferably from multinational companies
• An excellent communicator with strong written and verbal skills in English. Comfortable and adept at presenting to various people including stakeholders, senior management and external customers
• Possess effective problem solving skills and able to multitask efficiently
• Highly organized and independent with proven ability to deliver results
• Has high level of integrity. Able to set goals and deliver under tight timelines
• Strong proficiency in programs such as MS Office (Word, Excel and Outlook)

Skills and Attributes

Own the Customer

Is internal customer-centric

Demonstrates a sense of urgency, contagious optimism and a “can do” attitude

Find a Better Way

Greets challenge and change as opportunity

Win Together

Inspires, motivates and collaborates with others

Stretches across borders, breaks silos and builds effective partnerships with customers and colleagues

Working Conditions

We are in a dynamic working environment and are proud to be an Affirmative Action / Equal Opportunity Employer committed to hiring a diverse and inclusive workforce.

Benefits

We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!

Our Mission is to enable our customers to make the world healthier, cleaner and safer. Watch as our colleagues explain 5 reasons to work with us. As one team of 100,000+ colleagues, we share a common set of values - Integrity, Intensity, Innovation and Involvement - working together to accelerate research, solve complex scientific challenges, drive technological innovation and support patients in need. #StartYourStory at Thermo Fisher Scientific, where diverse experiences, backgrounds and perspectives are valued.

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.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Accessibility/Disability Access

Job Seekers with a Disability: Thermo Fisher Scientific offers accessibility service for job seekers requiring accommodations in the job application process. For example, this may include individuals requiring assistance because of hearing, vision, mobility, or cognitive impairments. If you are a job seeker with a disability, or assisting a person with a disability, and require accessibility assistance or an accommodation to apply for one of our jobs, please submit a request by telephone at 1-855-471-2255*. Please include your contact information and specific details about your required accommodation to support you during the job application process.

*This telephone line is reserved solely for job seekers with disabilities requiring accessibility assistance or an accommodation in the job application process. Messages left for other purposes, such as not being able to get into the career website, following up on an application, or other non-disability related technical issues will not receive a response.