Senior Cost Accountant

Work Schedule

Environmental Conditions

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.  You’ll discover endless opportunities to grow a rewarding career as part of the world leader serving science.

Specific Information - Location/Division

• The Life Sciences Solutions Group (LSG) and Bioproduction Group (BPG) within Thermo Fisher Scientific is seeking a Senior Cost Accountant.  The Senior Cost Accountant will provide production accounting, inventory valuation, standard costing and variance analysis support for one BPG manufacturing plant located in Miami, OK. The revenue value is $33M.

A Day in the Life:

• Perform daily Standard Costing of NPI (New Product Introduction).
• Perform weekly site WOV and monthly PPV analysis and reviews.  Translate findings into actionable revisions with operations or procurement to identify root cause.
• Execute regular tasks relating to the monthly, quarterly, and yearly financial close process, including balance sheet reconciliations and journal entries.
• Ensure timeliness, accuracy, and completeness of close activities.
• Support technical accounting issues related to the financial close and understand the accounting impact of proposed transactions regarding different functions and ensure GAAP is maintained.
• Calculate Inventory Excess and Obsolete Reserve quarterly.  Provide detail analysis to sourcing/planning and participate on a team to drive actions to reduce.
• Responsible for driving the yearly cost roll to ensure accurate standard costing of material, labor & overhead rates, and outside processing. 
• Work with Value Stream Managers to review new standards and the impact on margin, inventory revaluation and Capitalized Variance netting. 
• Support site daily Cycle Count process to ensure compliance to corporate policy
• Perform cycle count audits 2X per quarter (per policy) and maintain accuracy rate metric.
• Assist with annual budget process.
• Support Internal and External auditors by providing clear supporting explanations and documents.
• Ensure compliance with corporate accounting policies.
• Various other projects/duties as assigned.

Keys to Success:

• Collaborate with the Operations Finance team to analyze cost data to identify productivity opportunities to improve the total cost of products manufactured in Miami, OK mfg. plant. 
• Provide consistent and accurate standard costing for onsite and offsite warehouses.
• Maintains good communications with other functional groups concerning accounting and company issues. Collaborates with other employees in problem solving and process improvement.
• Occasional interaction with senior management for purposes of presentation of financial information relative to specific project, budgeting or in general.

Education

• Bachelor's degree in Accounting, Finance or a related subject is required

Experience

• 4+ years of progressive manufacturing cost accounting or finance experience
• Proficiency in Excel and ERP systems is a must (SAP / Made to Manage knowledge is a strong preference)

Knowledge, Skills, Abilities

• Excellent written and oral communication skills.
• Knowledge of accepted accounting practices and principles (GAAP).
• The ability to plan, schedule and carry out work for successful project completion.
• Ability to work independently, accurately, and timely, with little or no supervision.
• Appreciation and understanding of outside department functions (manufacturing, supply chain, engineering, customer support, IT, order admin, marketing and sales).
• Experience working in a matrixed organization is preferred.
• You are successful in a fast-paced environment.
• You thrive in a complex, multi-level environment and have the ability to work cross-functionally with individuals and teams.
• You are a self-motivated, independent asset in the organization who has enthusiasm and energy for the job.
• You keep an eye toward continuous improvement with a successful track record of optimizing processes.

Physical Requirements / Work Environment

• Physical Activity: Fingering, talking, hearing, walking, grasping, repetitive motion.
• Level of Physical requirements: Sedentary work
• Level of visual acuity: Inspection, close assembly, clerical, professional or administrative

Benefits

We offer competitive remuneration, annual incentive plan bonus, 401(k) U.S. retirement savings plan and corporate match, 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.

Apply today! http://jobs.thermofisher.com

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.