Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
The Australia entity within Thermo Fisher Scientific is seeking a Cost Accountant. Provide costing support for all non-Sera inventory in the Australia / New Zealand (ANZ) region, including non-Sera inventory in ANZ for any Division of Thermo Fisher. This role will closely interact and partner with Operations Teams.
What you will do:
- Serve as the main inventory accounting contact and business partner for all non-Sera inventory in the ANZ region.
- Collaborate effectively with the Operations Finance team to analyze cost data to identify productivity opportunities to improve the total cost of non-Sera products in the ANZ region.
- Perform weekly reviews of variances to Standard Cost, including WOV, PPV, and Absorption for make SKUs. Translate findings into concrete actions with planning or procurement that get to the root causes of variances to standard cost.
- Perform regular tasks relating to the monthly, quarterly, and yearly financial close process, including reconciliations.
- Provide accounting support for all non-Sera SKUs in the ANZ region. Observe cycle counts performed in 1 day twice a quarter. Prepare cycle count absolute accuracy reports each month, with a goal to become fully cycle count compliant in 2026.
- Support the Global Annual Inventory Cost Roll by working directly with manufacturing and procurement teams to review new standards and their impact on inventory revaluation.
- Maintain data integrity globally for standard costing; this includes cost re-rolls, data maintenance and working closely with IT and Finance to understand and communicate impact
- Support the local Operations teams from a cost accounting perspective to help quantify savings for potential projects/initiatives. I.E. purchasing team, warehouse, planning, etc.
- Become adept in data reporting and analytics from ERP systems, G/L, GLA, SPoT, Cognos and PLN.
- Cultivate business partnerships with Operations, Planning, Procurement, Supply Chain, and Ops Finance to drive process improvements.
- Support the management of excess and obsolete inventory for the plants and DCs supported in this role; partner with site finance to provide analysis of at-risk inventory
- Support SOX and External auditors by providing clear supporting explanations and documents.
Education
- Degree in Accounting or Finance. MBA, CPA/CMA a plus.
Experience
- At least 3-5 years of manufacturing cost accounting or finance experience
- Proficiency in Excel required.
- JD Edwards E1 ERP system is a strong preference.
Knowledge/Skills/Abilities
- Excellent written and oral communication skills
- Be able to thrive in a sophisticated, multi-level environment and have the ability to work cross-functionally with individuals and teams
- Self-motivated, independent asset in the organization who has enthusiasm and energy for the job
- An eye toward continuous improvement with a successful track record of optimizing processes
- Take on ad hoc projects and complete them timely and accurately
- Successful in a fast-paced environment
Benefits
Join our team and take advantage of these great benefits! Apply now to learn more about the full range of benefits we offer.
Health & Wellbeing: Join a company that prioritizes your health & wellbeing with comprehensive benefits, wellness programs, and an Employee Assistance Program providing confidential support for personal and work-related issues.
Flexibility: Balance your work and personal life with flexible arrangements.
Extra Leave: Benefit from generous leave policies, including the option to purchase additional leave, paid birthday leave, and company paid parental leave.
Charitable Giving & Volunteering: Make an impact with paid volunteer time to support non-profit organizations that matter to you.
Learning & Development: Advance your career with access to online courses via Thermo Fisher Scientific University Plus and LinkedIn learning, workshops, and mentorship programs for continuous learning and skill development.
Thermo Fisher Scientific Australia WGEA Employer of Choice for Gender Equality
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 125,000+ 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.
Skills Required
- Degree in Accounting or Finance
- At least 3-5 years of manufacturing cost accounting or finance experience
- Proficiency in Excel
- Experience with JD Edwards E1 ERP system
- MBA
- CPA or CMA certification
- Excellent written and oral communication skills
- Ability to work cross-functionally with individuals and teams
- Track record of process optimization and continuous improvement
- Ability to complete ad hoc projects accurately and on time
Thermo Fisher Scientific Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Thermo Fisher Scientific and has not been reviewed or approved by Thermo Fisher Scientific.
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Retirement Support — Retirement programs include a strong company 401(k) match and an employee stock purchase plan that add meaningful long‑term value. Feedback suggests these features stand out among core financial benefits even when base pay feels average.
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Healthcare Strength — Health coverage offers multiple national medical options alongside dental and vision, with company‑paid life and disability coverage. This breadth is considered a solid foundation even if some costs may not be the lowest among peers.
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Parental & Family Support — Paid parental and caregiver leave, backup care, adoption assistance, and specialized family resources are available. Feedback suggests these supports are a notable plus for colleagues managing family and caregiving needs.
Thermo Fisher Scientific Insights
What We Do
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.
Why Work With Us
You will join a company which every colleague has the opportunity to create possibilities, for oneself, for our customers and patients. There is no more exciting place to be than at the forefront of solving problems which help improve lives around the world. As a company, we are committed to supporting your career aspirations and your journey.
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