• Senior Accounting Manager

    ThermoFisher Scientific (Minneapolis, MN)


    Work Schedule

     

    Standard (Mon-Fri)

     

    Environmental Conditions

     

    Office

    Job Description

    In search of a Senior Accounting Manager to supervise the FSD sector post $1B acquisition. Responsible for overseeing accounting in the TSA phase, ensuring accurate financial reporting, and leading the handover to internal systems.

     

    This is a high-impact role that demands solid technical accounting expertise, effective communication abilities, and showed strength in M&A integration, carve-outs, or intricate accounting transitions.

     

    What sets this opportunity apart? As a Senior Accounting Manager at Thermo Fisher Scientific, you will play a crucial role in implementing top-tier accounting practices while navigating intricate financial landscapes. Join us in our ambitious journey and make a significant impact!

     

    What will you do?

    The Senior Manager will have responsibilities related to the following areas:

    + Support purchase accounting adjustments for the recent acquisition and integration into our accounting and reporting structure and processes. Maintain accurate records of acquisition-related journal entries and adjustments.

    + Monthly monitoring of TSA accruals and invoices between the local jurisdictions of both Thermo Fisher and Solventum.

    + Monthly closing of the 5 dedicated FSD accounting ledgers and supervising the transactions booked in 30 non-FSD entities in accordance with the financial close schedule. Review and validate financial data provided by the seller (e.g., trial balances, reconciliations, journal entries).

    + Support the Sales/Property Tax governance process (filings performed by a 3rd party) for the new US and Europe entities.

    + Lead Fixed assets Capital Acquisition Request (CAR) process, introduce CAPEX tool to new employees, define purchasing solutions during TSA, and establish CIP capitalization and review process at division level.

    + Engage in the creation and execution of strategies for transferring accounting responsibilities from the TSA to internal departments or shared services.

    + Technical accounting research of complex issues to ensure accurate accounting treatment.

    + Coordination of the quarterly reviews and year-end financial audit process performed by the external independent auditors.

    + Work closely with M&A, tax, legal, treasury, and business unit leaders during the integration process.

    + Identify and drive process improvement initiatives.

     

    How will you get here?

     

    + Bachelor’s degree or equivalent experience in Accounting (preferably with a CPA certification).

    + 8+ years of dynamic accounting/finance experience with management experience (combination of public accounting and industry experience preferred).

    + Solid understanding of U.S. GAAP with validated sophisticated accounting and technical skills.

    + Effective written and oral communication skills.

    + Thrive in a large, matrixed, international organization and have the ability to work cross-functionally with individuals and teams.

    + Keep an eye toward continuous improvement with a successful track record of optimizing processes.

    + Balance multiple projects and complete them optimally.

     

    Compensation and Benefits

     

    The salary range estimated for this position based in Minnesota is $118,100.00–$177,200.00.

     

    This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

     

    + A choice of national medical and dental plans, and a national vision plan, including health incentive programs

    + Employee assistance and family support programs, including commuter benefits and tuition reimbursement

    + 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, and short- and long-term disability in accordance with company policy

    + Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

    + Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

     

    For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

     

    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.