Sr Accountant (Revenue)

Work Schedule

Environmental Conditions

Job Description

The Senior Accountant will support the Global revenue accounting function within the Life Sciences Solutions Group (LSG) and BioProduction Group (BPG) of Thermo Fisher Scientific. As a member of the Revenue team, key responsibilities include:

• Partners with and supports the business and Finance partners by providing technical revenue accounting guidance
• Supports, trains, and liaises with GBS revenue accounting team to provide technical accounting guidance and ensures adherence to revenue accounting policies
• Reviews and analyzes complex sales orders and service agreements to evaluate and identify potential revenue recognition issues (i.e. complex language, omissions of data, vital additions, language changes
• Reviews licensing and achievement contracts for accurate accounting treatment
• Supports AR and bad debt divisionalization reporting requirements
• Ensures compliance with US GAAP, the company’s revenue recognition policies and SOX controls (reconciliations, roll-forwards and other reports)
• Leads and coordinates revenue internal and external audits
• Performs month-end close activities, including journal entry and account reconciliations

Minimum Requirements/Qualifications:

• Bachelor’s Degree in Accounting, Finance or Business; Advanced Qualification Preferred (CPA)
• 5+ years of dynamic accounting experience; prior experience with revenue accounting is highly desired
• ERP system experience (HFM, SAP, JD Edwards/E1, Oracle R12 a plus)
• Analytical skills to solve practical problems and deal with a variety of variables in situations where only limited standardization exists
• Read and interpret terms and conditions, written guidelines, directions, and correspondence
• Strong communication skills to prepare and deliver informative, analytical, and/or persuasive presentations
• Strong organizational skills to balance priorities, complete projects in a timely manner, and consistently manage own workload
• Subtlety, flexibility and tact (professional demeanor)
• Organized, meticulous and refined time management skills
• Ability to work independently with general direction and effective under high stress environment
• Dedication to continuous improvement
• Knowledge of accepted accounting practices and principles (GAAP)
• Flexibility in scheduling due to business requirements (i.e., month-end close)

Compensation and Benefits

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