Careers at ThermoFisher Scientific

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Job ID :
Location :
US - New York - Rochester
Job Description

The Inventory Controls Analyst is responsible for managing and improving the inventory control processes. In addition, this individual will meet deadlines for the monthly close process and directly supporting the Manager, Financial Processes with various cost accounting responsibilities.

Successful candidate will demonstrate effective experience in the following key areas:

  • Working with diverse teams
  • Understanding effective internal control environment in accordance with Sarbanes Oxley
  • General accounting in accordance with US GAAP and effective financial reporting processes
  • Performing as a team player

Key Responsibilities:

  • Report on and perform analysis over inventory balances
  • Partner with Supply Chain to develop robust cycle counting program based on ABC methodology, eliminating need to perform physical inventory counts
  • Work closely with the Manager, Financial Processes to implement best practices for inventory controls leveraged at other locations
  • Serve as finance lead for the coordination, preparation for, and performance of annual line location physical inventories
  • Partner with supply chain / operations to develop new material disposition process to drive timely action, reserve and disposition of at risk inventory
  • Forecast, monitor, and report on Excess & Obsolete Inventory
  • Partner with Operations Finance team to refine cost accounting methodologies, develop transparency in standard costing and monthly variance reporting
  • Responsible for Capitalized Variance calculation monthly
  • Ensure compliance with Sarbanes Oxley and corporate internal control polices
  • Promote “best practices” – suggest and drive improvements to existing processes
  • Coordinate with the accounting teams in Costa Rica and Monterrey, MX
  • Other miscellaneous projects and duties as assigned

Knowledge, Skills, and Abilities necessary to perform essential functions:

  • Knowledge of commonly used accounting concepts, practices and procedures (including Sarbanes-Oxley and GAAP) required
  • Solid understanding of Financial Statements
  • Ability to accurately process high volumes of work, prioritize duties, meet deadlines, and work independently while maintaining strong relationships with internal and external customers
  • Proven analytical and problem-solving skills
  • Effective oral and written communication skills
  • Ability to develop high levels of credibility and forge solid professional relationships with all levels of the organization, including upper management
  • Team-oriented focus
  • Desire to advance to a position of more responsibility within the Finance Department
  • Ability to be flexible in work schedule as business requirements dictate (month-end close)
  • Demonstrate Thermo Fisher Scientific values – Integrity, Intensity, Innovation and Involvement

Non-Negotiable Hiring Criteria:

  • Bachelor Degree from an accredited university - Accounting or Finance
  • 5+ years of accounting experience (preferably in a manufacturing environment)
  • Advanced Microsoft Word, Excel, PowerPoint, and Outlook skills
  • Must have some experience with ERP systems (preferably SAP)
Preferred Skills
  • CPA
  • Experience with Inventory control analysis

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.
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