What are the responsibilities and job description for the Sr Accountant (Revenue) position at Thermo Fisher Scientific?
Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
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:
The salary range estimated for this position based in California is $103,100.00–$165,000.00.
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:
Standard (Mon-Fri)
Environmental Conditions
Office
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
- 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)
The salary range estimated for this position based in California is $103,100.00–$165,000.00.
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
Salary : $103,100 - $165,000