Sr Cost Accountant

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Job Description - Sr Cost Accountant

Sr Cost Accountant Location Raleigh, NC (Northeast area) :

At Thermo Fisher Scientific, our Finance teams are essential 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 unique career experiences and perspectives. Ranked #92 on the 2022 Fortune 500 list and 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. How you will make an impact: The Life Sciences Solutions Group (LSG) and Bioproduction Group (BPG) within Thermo Fisher Scientific is seeking a Senior Cost Accountant in Carlsbad, CA. The Senior Cost Accountant will be a key partner and lead all LSG and BPG businesses in calculating the quarterly E&O provision, recording the monthly and quarterly adjustments to the E&O provision, and providing critical data used for E&O analysis and forecasting.

What you will do:

  • Lead Global E&O Team and provide them with monthly/quarterly tasks and supporting data and review their deliverables.
  • Prepare month-end close Journal Entries with supporting documentation.
  • Confirm accuracy of consolidated PRE Tool E&O Data & submit required manual adjustments
  • Add non-core ERP sites to the PRE Tool and Power BI.
  • Maintain our standard process according to Thermo Fisher policy.
  • Partner with the Finance Director, Cost Accounting, to review business cases and obtain approvals for all E&O exception requests.
  • Collaborate with Finance team and support them with forecasting data to help mitigate the risk ahead of time.
  • Analyze the E&O/Expired data and provide leadership with detailed review that shows the business reason of the change every quarter.
  • Prepare monthly balance sheet reconciliations for E&O accounts.
  • Work with internal and external auditors on quarterly basis to ensure our process complies with corporate policies.
  • Support in the annual cost roll and lead the E&O revaluation process
  • Lead and participate in practical process improvement (PPI) and the implementation of new procedures and tools
  • Maintain SOX compliance.

How will you get here: Education:

  • Bachelor's degree in Accounting, Finance, or relevant discipline

Experience:

  • Minimum of 5 years of experience is required, preferably supporting manufacturing.
  • Experience in the use of ERP systems and analytical tools, especially E1 (J.D. Edwards), SAP and Power BI

Knowledge/Skills/Abilities:

  • Proficiency in Excel advanced formulas (Power Query would be helpful) and PowerPoint
  • Excellent verbal and written communication skills
  • Must be able to interface effectively at all levels and demonstrate good judgment, and tact and diplomacy with internal customers. Self-initiative, strong organization skills, and a positive attitude are helpful.
  • Experience working in a matrixed organization is preferred.

The salary range estimated for this position is $103,100 - $171,900. This position will also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. Actual compensation will be confirmed in writing at the time of offer. We offer a comprehensive Total Rewards package that our US colleagues and their families can count on, which generally includes:

  • A choice of national medical and dental plans, and a national vision plan
  • A wellness program, and valuable health incentive opportunities for company contributions to a Health Reimbursement Account (HRA) or Health Savings Account (HSA)
  • Tax-advantaged savings and spending accounts and commuter benefits
  • Employee assistance program
  • 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, short- and long-term disability, and volunteer time off 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
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. 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! 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 *. 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.

Compensation and Benefits

The salary range estimated for this position based in California is $93,800.00-$154,700.00.

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:

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