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Job Information

ThermoFisher Scientific Manager, Accounting in Portage, Michigan

Job Description

Company Information:

The ImmunoDiagnostics Division (IDD), is a division within Thermo Ficher Scientific Inc. (NYSE: TMO). IDD develops, manufactures, and markets complete blood test systems to support the clinical diagnosis and follow-up of allergy and autoimmune diseases. The allergy and autoimmunity product lines operate on a common automated instrument platform, Phadia Laboratory Systems, which supports both productivity and cost efficiencies in clinical laboratories around the world. This position is located at our office in Portage, MI, which is the US headquarters.

How you will make an impact:

Our Accounting and Finance teams are important to the commercial and functional teams, partnering them to make educated, sound decisions that drive our Mission, making the world healthier, cleaner and safer and make us a stable and trusted industry leader. The Manager, Accounting is a key member of the accounting team, supporting the Senior Manager, Financial Control and Accounting. They will apply accounting and financial methods to drive improvements in existing and new systems, which enables leadership to proactively manage a growth-oriented business. The Manager, Accounting is responsible for general accounting related functions primarily maintaining accurate books and records and the period end financial close process along with forecast and budgets.

What you will do:

The position will lead 2-3 direct reports and will be responsible for all general accounting, forecasting, cash flow, general ledger, and reporting. This position is held accountable to important month-end deadlines and ensuring department needs are met.

A Day in the Life:

  • Timely and accurate balancing of the books and reconciling to corporate reporting requirements, including loading to HFM/CMR and PLN

  • Obtain training in corporate systems to become the division’s US authority for the systems.

  • Supervise all internal and external financial and tax audits

  • Review and manage estimates and reconciliations in accordance with GAAP and company policies

  • Adhere to general accounting and financial policies and procedures while following Sarbanes Oxley (SOX) practices. Prepare and post journal entries to the G/L system (Navision) including regular monthly entries.

  • Ensure intercompany invoice processing is completely properly and timely. Review all intercompany reconciliations and netting payments timely.

  • Guides and directs the team towards achieving operational goals such as completion of month-end close and day to day accounts payable activities.

  • Ensure all processes have appropriate backups, such as, preparing sales reconciliations into CDW, accounts payable functions, 1099, fixed assets, cycle counts and other tasks.

  • Ensures all work is properly distributed and prioritized, creating an even workload across the team.

  • Lead preparation and ensure completion of the annual plans, STRAP and monthly/quarterly business reporting.

  • Provide and maintain key financials metrics: and review operating metrics to proactively communicate goal and forecast achievement.

  • Monitor and track expenses, ensuring proper approval and forecast available prior to payment. Provide updates to monthly forecasts with adequate support from the appropriate teams.

  • Perform analytics over the company’s spend and make recommendations for future spend.

  • Provide monthly updates to the forecast into the corporate systems and load and reconcile the information between local and corporate.

  • Maintains strong working knowledge of company’s groups, divisions, locations and systems, process, and procedures to be able to provide daily support and guidance to the employees.

  • Manage the spend of the medical and scientific affairs group, acting as the liaison between the team and the accounting functions in other countries.

  • Communicates any necessary information related to business impacts or individual performance to the Senior Manager, Accounting and Financial Control.

  • Leads team’s goal setting, and performance meetings to continually improve their skills and nurtures an environment where the staff can excel through encouragement and empowerment.

  • Performs miscellaneous duties as assigned.

  • Willingness to work extended hours as necessary.

How you will get here:

Key Success Factors:

  • Possess solid working knowledge, along with experience working within the "Accounting standards" (GAAP and IFRS) and internal controls

  • Meticulous attention to detail and solid analytical and problem-solving skills

  • Dedication to continuous improvement

  • Possess team-building skills and the proven track record of working with a diverse group of people

  • Ability to develop high levels of credibility and forge solid and positive professional relationships

  • Strong written and verbal communication skills

  • Flexibility in scheduling due to business requirements (i.e., month-end close)

  • Ability to work independently with changing priorities; self-motivated; high bias for action

  • Challenges the status quo; introduces and proactively seeks out new insights and solutions to strengthen our performance

  • Strong analytical and computer skills and an ability to design and implement effective data tracking and reporting systems and reconciliations.

  • Ability to work well under time constraints, within the financial calendar requirements.

  • The ability to provide effective solutions to complex problems.

  • Has the ability to learn, grow, develop and assume increasing responsibilities.

Education and Experience:

  • This position requires a bachelor’s degree with an emphasis in Accounting, Finance, or Business Administration or similar background.

  • Master’s degree with a concentration in accounting or finance or CPA preferred

  • 5+ years of multifaceted accounting experience and prior people management preferred

  • MS Office 365 with advanced knowledge of Excel

  • Previous experience with HFM/CMR and PLN SAP system preferred

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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