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Work Schedule

Standard Office Hours (40/wk)

Environmental Conditions

Office

Job Description

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. 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.

Specific Information - Location/Division

+ The Life Sciences Solutions Group (LSG) and Bioproduction Group (BPG) within Thermo Fisher Scientific is seeking a **Cost Accountant III.** The Cost Accountant III will provide production accounting and costing support for one BPG manufacturing plant located in Miami, OK with inventory valued at $8M.

A Day in the Life:

+ Perform daily Standard Costing of NPI (New Product Introduction).

+ Perform weekly site WOV and monthly PPV analysis and reviews. Identify root cause for variances. Translate findings into actionable revisions with engineering, operations or procurement.

+ Report Inventory Trends weekly to site & division partners.

+ Complete 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 month end inventory and production 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.

+ Perform cycle count audits and maintain accuracy rate metric.

+ Assist with annual budget process.

+ Support SOX and External auditors by providing clear supporting documents and explanations.

+ 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 manufacturing plant.

+ 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

+ 3 – 5 years of dynamic cost accounting or finance experience in a manufacturing environment

+ Proficiency in Excel and ERP systems is a must (Syspro 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 can 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: mostly sedentary work with light lifting

+ Level of visual acuity: Inspection, 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. 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.