Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
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.
Discover Impactful Work:
Contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting. Works cross-functionally with operations, commercial finance, and finance to resolve issues related to any of the following: revenue, costs, contract values, billing, balance sheet management, financial reporting, financial tools and processes.
This is a fully remote opportunity for those located in the United States. We are exclusively seeking candidates located in Eastern Standard Time (EST).
A day in the Life:
Performs accounting and analysis of key financials which are produced from the Operations Finance group; especially focusing on revenue, indirect costs and key balance sheet entries.
Is aware of the processes and controls under which the Operations Finance group operates.
Performs data integrity checks between the various systems to ensure consistency and conformity.
Identifies issues related to study setup parameters which impact revenue recognition and liaises with support staff to ensure these are resolved on a timely basis.
Supports with data loads to our various systems, and the reconciliation of that data post-load to ensure completeness.
Provides support with both internal and external audit requests.
Posts revenue and balance sheet events and supports with the reconciliations thereof.
Involved with upgrade and improvement testing of our various systems, as well as providing ideas of process improvements and efficiency savings.
Prepares small company unbilled reconciliations monthly by closely following the guidance and performing the checks. Investigate and suggest actions for corrections of the variances
Demonstrate awareness of different system reports used by FC team (Mosaic, Clarity, ADAPT) including FRC, smart view and OTBI reports. Run reports and validate them before sharing with other LOBs and team members. Escalate issues with reports (either issues with data or processing or running time etc.) to the line manager.
Prepare simple month end reports and reconciliations by following the process guidance. Ensure the tasks are completed accurately and within the required deadlines.
Assist with preparation and analysis on cost and revenue generating activities.
Assist with preparation and loading of Revenue events and GL Journals in Mosaic.
Calculate non-complex revenue accruals and provisions that need to be absorbed into month end numbers.
Demonstrate the ability to apply guidance to tasks while considering situations where deviation from the process may be required and raising these instances to line manager.
Compile data for internal/external auditing as the need arises.
Communicate within the team and cross LOB upon task completion or if any delays/system issues.
Qualifications:
Education
Bachelor's Degree in Finance/Accounting or any related course
Experience
Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to at least 0-2 years).
In some cases an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirements of the role.
Knowledge, Skills, Abilities
Proficiency in Microsoft Office programs
Good organizational and time management skills
Confidence to handle sensitive information and data effectively
Ability to coordinate multiple tasks while still delivering high quality results
Good written and oral communications skills
Ability to interact effectively with all levels of the organization
Detail oriented
Working knowledge of accounting principles
Physical Requirements / Work Environment
Ability to access and use a variety of computer software developed both in-house and off-the-shelf.
Ability to communicate information and ideas so others will understand; with the ability to listen to and understand information and ideas presented through spoken words and sentences.
May interact with others, relating and gathering sensitive information. Interaction includes diverse organizations.
Works with guidance or reliance on oral or written instructions from management. May require periods of intense concentration.
Performs a wide range of variable tasks as decided by variable demands and changing conditions with little predictability as to the occurrence. Ability to perform under stress. Ability to multi-task.
Regular and consistent attendance
Salary Transparency
The salary range estimated for this position is $50,000 - $60,000. This position will also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. Actual compensation will be confirmed in writing at the time of offer.
We offer a comprehensive Total Rewards package that our US colleagues and their families can count on, which generally include:
A choice of national medical and dental plans, and a national vision plan
A wellness program, and valuable health incentive opportunities for company contributions to a Health Reimbursement Accounts (HSAs) or Health Savings Account (HSA)
-Tax-advantaged savings and spending accounts and commuter benefits
Employee assistance programs
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, short- and long-term disability, and volunteer rime off in accordance with company policy.
Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
Accessibility/Disability Access
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.
EEO & Affirmative Action
Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, religion, color, national or ethnic origin, citizenship, sex, sexual orientation, gender identity and expression, genetic information, veteran status, age or disability status.
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.
