Sr Accountant

Job Description

At Thermo Fisher Scientific, our Finance teams are essential 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 unique career experiences and perspectives. Ranked #92 on the 2022 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.

How you will make an impact:

The Life Sciences Solutions Group (LSG) and Bioproduction Group (BPG) within Thermo Fisher Scientific is seeking a Sr. Accountant in Carlsbad, CA. This position will support both Cost Accounting and Tax departments within the LSG segment of Thermo Fisher Scientific through recurrent assigned tasks and projects, including but not limited to month-end close, transfer price maintenance, global standard cost audit and calculating, maintaining, reviewing/validating, and submitting the monthly Profit in Inventory (PII) Eliminations, and providing critical data used for its analysis and businesses reviews.

What will you do?

• Retrieve large volumes of data and use spreadsheets to format,analyze, calculate, submit and/or investigate intercompany profit in inventory eliminations and transfer price mass changes.

• Maintain global transfer price on an SKU basis promptly to support tax and other teams.

• Audit intercompany transfer price on a timely basis for accuracy and completeness.

• Perform global standard cost audit for both E1 and SAP on a quarterly basis.

• Maintain/update profit in inventory eliminations factors such as: intercompany profit margins and E&O on a yearly or an ad-hoc basis.

• Lead and participate in Thermo Fisher PPI (Practical Process Improvement) philosophy to improve transfer price update process.

• Work on ad-hoc projects and complete them timely and accurately.

• Assist in month-end close process.

• Conduct balance sheet reviews as assigned.

• Handle internal and external audit requests related to profit in inventory eliminations.

How will you get here?

Education & Experience:

• Bachelor’s degree in accounting/finance is required.

• Minimum of 4-6 years of progressive accounting experience at a large public international corporation or at a public accounting firm.

• Strong working knowledge of intercompany transactions, profit in inventory eliminations and/or transfer pricing is preferred.

• Experience in the ERP systems and analytical tools such as: E1 (J.D. Edwards), SAP, SQL, Hyperion Financial Management (HFM) and PowerBI.

Knowledge/Skills/Abilities:

• Excellent written and oral communication skills are required.

• Proficient in Excel is desired; knowledge in PowerApps is a plus.

• You thrive in a fast-paced matrixed environment and have the ability to work cross-functionally with individuals and teams.

• You're self-motivated, enthusiastic, have a positive/ can-do attitude, and can be an independent asset in the diverse organization.

• You keep an eye toward continuous improvement with a successful track record of optimizing processes.

Compensation and Benefits

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• A choice of national medical and dental plans, and a national vision plan, including health incentive programs

• Employee assistance and family support programs, including commuter benefits and tuition reimbursement

• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards