Senior Cost Accountant - MSD Operations

Posted Yesterday
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Hillsboro, OR, USA
In-Office
Senior level
Biotech
Our Mission is to enable our customers to make the world healthier, cleaner and safer.
The Role
Own cost and inventory accounting, month-end close, standard costing, variance analysis, inventory valuation, reconciliations, reporting, controls, and audit support for three manufacturing sites. Partner with Operations, Supply Chain, Planning, and Finance to identify cost drivers, improve processes, strengthen controls, and support operational decisions. The role also promotes automation and AI-driven reporting improvements and requires four days onsite in Hillsboro, Oregon with quarterly travel.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

As a Senior Cost Accountant supporting Thermo Fisher Scientific’s Electron Microscopy business, you’ll sit at the intersection of Finance and Manufacturing Operations. You’ll own key cost accounting and month-end close activities supporting three U.S. manufacturing sites while developing a deep understanding of the operational drivers behind inventory, costs, and manufacturing performance.

You’ll partner with Operations, Supply Chain, Planning, and Finance peers to turn financial results into insight—identifying cost drivers, investigating variances, strengthening controls, and helping the business make better decisions. This is an opportunity for someone with strong cost accounting fundamentals who wants greater ownership, broader manufacturing exposure, and a stronger voice in operational decision-making.

This position is based in Hillsboro, Oregon and requires four days onsite, with ~ quarterly travel to supported factory locations.

What You’ll Do

  • Own cost- and inventory-related month-end close activities for three U.S. manufacturing sites—Richardson, TX; Fremont, CA; and Tewksbury, MA—including journal entries, accruals, reconciliations, variance analysis, and financial reporting.

  • Own standard costing activities, including the annual standard cost update process, and partner with business owners to understand manufacturing assumptions and cost structures.

  • Analyze and explain manufacturing variances, including materials, labor, overhead, and purchase price variances; investigate underlying drivers and translate findings into actions that improve cost and operational performance.

  • Support accurate inventory valuation and controls, including inventory reconciliations, physical inventory counts, and cycle count programs.

  • Partner cross-functionally and with site leadership to identify cost-saving opportunities, strengthen processes, and support operational decisions.

  • Drive continuous improvement using automation and AI by simplifying reporting, improving processes and controls, and increasing the value Finance provides to manufacturing partners.

  • Ensure compliance with accounting standards, company policies, internal controls, and audit requirements, providing timely and complete audit support.

What You Bring

  • Bachelor’s degree in Accounting, Finance, Business Administration, or an equivalent combination of education, training, and directly related experience.

  • 5+ years of relevant experience in cost accounting and/or manufacturing finance, including standard costing, production variance analysis, and inventory valuation.

  • Experience with month-end close, journal entries, reconciliations, financial reporting, and internal controls.

  • Strong analytical skills with the ability to translate complex financial and operational data into meaningful business recommendations.

  • Experience with ERP and financial systems; QAD or Oracle Hyperion preferred.

  • Strong Microsoft Excel, communication, and cross-functional collaboration skills.

  • Passion for process improvement using automation and AI, providing better insights and planning capabilities supporting better business decisions

What Will Help You Succeed

You’re curious about how manufacturing operations drive financial results and comfortable moving between detailed accounting and broader business analysis. You build credibility with Operations, can appropriately challenge stakeholders, and turn complex financial information into a clear, actionable story. You bring ownership, attention to detail, sound judgment, and a continuous-improvement mindset to a fast-moving environment.

Skills Required

  • Bachelor's degree in Accounting, Finance, Business Administration, or equivalent education, training, and directly related experience
  • 5+ years of relevant cost accounting and/or manufacturing finance experience
  • Experience with standard costing, production variance analysis, and inventory valuation
  • Experience with month-end close, journal entries, reconciliations, financial reporting, and internal controls
  • Strong analytical skills and ability to translate financial and operational data into business recommendations
  • Experience with ERP and financial systems
  • Strong Microsoft Excel skills
  • Strong communication and cross-functional collaboration skills
  • QAD or Oracle Hyperion experience
  • Interest in process improvement using automation and AI

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Waltham, MA
100,000 Employees

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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