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Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
At Thermo Fisher Scientific, our Finance teams play a critical role in enabling business and functional leaders to make informed, strategic decisions that advance our Mission and reinforce our position as 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 global presence, providing significant opportunities to develop exceptional career experiences and perspectives.
How You Will Make An Impact
If you have a passion for financial accuracy and timely reporting across a global, multifaceted organization, Thermo Fisher Scientific's GBS (Global Business Services) Revenue Accounting function is the team for you. With a strong understanding of ASC 606 regulations and reporting requirements consistent with US GAAP, the team leverages robust processes and strong internal controls to support accurate and timely monthly revenue recognition across multiple complex divisions within Thermo Fisher Scientific's global enterprise.
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We are seeking a motivated finance professional to support the Revenue Accounting function through finance, accounting, and compliance activities. The successful candidate will implement accounting procedures, controls, and compliance processes to ensure timely and accurate revenue reporting. In addition, this individual will identify and recommend operational improvement opportunities while supporting leadership in achieving key business objectives.
What You Will Do
- Perform monthly close activities, including journal entries, revenue deferrals, reconciliations, reporting, and analysis.
- Ensure proper revenue recognition treatment in compliance with company US GAAP policies and financial accounting standards.
- Support internal and external audit requirements.
- Drive continuous improvement initiatives and leverage systems to enhance controls and operational efficiencies.
- Review customer contracts, complex transactions, and order documentation through the application of accounting guidance.
- Serve as a key business partner to Sales, Customer Service, and Finance teams by providing technical accounting expertise and stakeholder training to support monthly revenue recognition activities.
- Participate in special finance projects, including migrations and the centralization of revenue processes within the team.
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Requirements:
- Currently studying toward an Accounting degree or aspiring to obtain a professional qualification (ACA, ACCA, or CIMA).
- Excellent communication skills with the ability to build relationships at all organizational levels.
- Strong proficiency in Microsoft Excel.
- Experience with revenue recognition is beneficial but not essential.
- Demonstrates personal accountability for decisions and actions.
- Challenges the status quo and proactively seeks new insights and solutions to strengthen performance.
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