Senior Cost Accountant

Work Schedule

Environmental Conditions

Job Description

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. Our Finance function has a diverse and global presence, providing significant opportunities to develop unique career experiences and perspectives. You’ll discover endless opportunities to grow a rewarding career as part of the world leader serving science.
How You Will Make an Impact:
The Life Sciences Solutions Group (LSG) and Bioproduction Group (BPG) within Thermo Fisher Scientific is seeking a Senior Cost Accountant.  Provides costing support for the Rockford, IL plant in North America. This role will closely interact and partner with Operations Teams.

What you will do:

• Collaborate with the Operations Finance team to analyze cost data to identify productivity opportunities to improve the total cost of product manufactured in the Rockford, IL plant
• Perform weekly reviews of variances to Standard Cost, including WOV, PPV, and Absorption, and translate findings into concrete actions with planning or procurement that get to the root causes.
• Perform regular tasks relating to the monthly, quarterly, and yearly financial close process, including reconciliations.
• Support the Global Annual Inventory Cost Roll by working directly with manufacturing teams to review new standards and their impact on inventory revaluation and updating Labor and Overhead rates for E1 Rockford plants
• Maintain data integrity globally for standard costing; this includes cost re-rolls, data maintenance and working closely with IT and Finance to understand and communicate impact
• Support the local Operations teams from a cost accounting perspective to help quantify savings for potential projects/initiatives. I.E. purchasing team, warehouse, planning, etc.
• Become adept in data reporting and analytics from ERP systems, G/L, GLA, SPoT, Cognos and PLN.
• Cultivate business partnerships with Operations, Planning, Procurement, Supply Chain, and Ops Finance to drive process improvements.
• Support the management of excess and obsolete inventory for the plants supported in this role; partner with site finance to provide analysis of at-risk inventory
• Support SOX and external auditors by providing clear supporting explanations and documents.

How Will You Get Here:
Education:

• Degree in Finance or Accounting.  MBA, CPA/CMA a plus.

Experience:

• At least 4+ years of manufacturing cost accounting or finance experience
• Proficiency in Excel required.
• JD Edwards E1 ERP system is a strong preference.

Knowledge/Skills/Abilities:

• Excellent written and oral communication skills
• Be able to thrive in a sophisticated, multi-level environment and have the ability to work cross-functionally with individuals and teams
• Self-motivated, independent asset in the organization who has enthusiasm and energy for the job
• An eye toward continuous improvement with a successful track record of optimizing processes
• Take on ad hoc projects and complete them timely and accurately
• Successful in a fast-paced environment

This position will also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. Actual compensation will be confirmed in writing at the time of offer. 
We offer a comprehensive Total Rewards package that our US colleagues and their families can count on, which generally includes:

• A choice of national medical and dental plans, and a national vision plan
• A wellness program, and valuable health incentive opportunities for company contributions to a Health Reimbursement Account (HRA) or Health Savings Account (HSA)
• Tax-advantaged savings and spending accounts and commuter benefits
• Employee assistance program
• 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, short- and long-term disability, and volunteer time off 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

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.
Our Mission is to enable our customers to make the world healthier, cleaner and safer. Watch as our colleagues explain 5 reasons to work with us. As one team of 100,000+ colleagues, we share a common set of values - Integrity, Intensity, Innovation, and Involvement - working together to accelerate research, solve complex scientific challenges, drive technological innovation, and support patients in need. #StartYourStory at Thermo Fisher Scientific, where diverse experiences, backgrounds and perspectives are valued.
Apply today! http://jobs.thermofisher.com
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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