Senior Manager, Accounting

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

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.

How you will make an impact:

The Life Sciences Solutions Group (LSG) within Thermo Fisher Scientific is seeking a Senior Manager, Accounting - North America. This role will work closely with the regional accounting, the Global Business Services (GBS) shared accounting, corporate accounting, cost accounting and the LSG FP&A teams. This role will be a key member of the LSG global accounting leadership team.

The Senior Manager, Accounting for LSG North America will lead a team of two direct reports and have responsibilities related to the following areas:

• Monitor the monthly closing of the LSG North America accounting ledgers, ensuring accurate and timely completion in accordance with the established financial close schedule.
• Provide oversight of accounting activities performed by local site controllers and GBS teams supporting LSG North America entities, ensuring timely and accurate execution in accordance with company policies and procedures, U.S. GAAP, and SOX requirements.
• Analytical reviews of balance sheet fluxes of the LSG North America business.
• Technical accounting research of complex issues to ensure proper accounting treatment.
• Serve as a site accounting resource for questions or guidance on accounting or compliance related topics. In addition, serve as the LSG North America liaison between site controllership and the corporate technical accounting team, including the drafting and submission of technical waivers, capital expenditure approvals, and memos surrounding reserves, exemptions, and other key areas of accounting judgement and estimates.
• Lead detailed Balance Sheet Reviews and ensure corrective actions are remediated in a timely manner.
• Partner with GBS Shared Service center to monitor and report on balance sheet integrity and the quality and completeness of account reconciliations.
• Monitor and report timely closure of CIP projects and assessment of impairment risk.
• Review restructuring project costs and related accruals to ensure accuracy, appropriate accounting treatment, and compliance with approval requirements.
• Coordinate with external and internal auditors on annual audits. and quarterly reviews.
• Regular training of site controllers on corporate policies, accounting policy, accounting newsletter topics, and the divisional approval authority matrix.
• Provide ongoing coaching and feedback to team members, including goal setting, performance evaluations, and career development discussions.
• Identify and drive automation and process improvement initiatives.

How will you get here?

Education:
You have a Bachelor’s degree in Accounting or Finance and a CPA designation

Experience:
You have 7+ years of progressive accounting/finance leadership experience with a combination of public accounting and industry experience

Knowledge, Skills, Abilities:

• You have experience leading a diverse global financial month-end close process in an accurate and timely manner while maintaining a strong control environment.
• You possess strong knowledge of U.S. GAAP, with demonstrated technical accounting expertise across complex areas including revenue recognition, restructuring, discontinued operations, mergers and acquisitions, inventory, reserves, lease accounting, fixed assets and intercompany transactions.
• You have effective written and oral communication skills.
• You thrive in a large, matrixed, global organization and have a demonstrated ability to collaborate effectively with diverse groups of individuals and cross-functional teams across various departments, functions, and geographic locations.
• You demonstrate success in attracting, recruiting, developing and retaining high performing and potential talents.
• You have prior experience working with financial software such as SAP, JDE E1, Oracle R12, Blackline, Hyperion Financial Management, and Hyperion Enterprise, including Power BI, ChatGPT, Codex, and other AI and automation solutions.
• You maintain a strong focus on continuous improvement, with a proven track record of optimizing processes, driving automation to improve efficiency, accuracy, and scalability, and leading practical process improvement initiatives.
• You can juggle multiple projects and execute them successfully while prioritizing routine deliverables.
• You are successful in a fast-paced environment.

Compensation and Benefits

The salary range estimated for this position based in California is $131,300.00–$197,000.00.

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