Cost Accountant Iii

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. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives. Ranked #95 on the 2021 Fortune 500 list and with revenues of more than $40 billion, you’ll discover endless opportunities to grow a rewarding career as part of the world leader serving science.

Location/Division Specific Information

• Maintain accurate standard costs for Millersburg, PA and Matamoros, Mexico.
• Responsible for the production accounting and inventory reporting & valuation of a manufacturing plant.

A Day in the Life:

• Perform daily Standard Costing of NPI (New Product Introduction).
• Responsible for driving the yearly cost roll to ensure accurate standard costing of material, labor, overhead, and outside processing
• Analyze data, prepare journal entries and reconcile Inventory Balance Sheet accounts monthly.
• Calculate Inventory Excess and Obsolete Reserve quarterly
• Perform detail analysis related to COGS and manufacturing variances.
• Provide detailed analysis of PPV for Procurement Team.
• Perform cycle count audits and maintain accuracy rate metric.
• Assist with annual budget process and all financial audits.
• Ensure compliance with corporate accounting policies
• Ensure timeliness, accuracy, and completeness of monthly close activities
• Various other projects/duties as assigned.

Keys to Success:

• Frequent interaction with outside departments.
• Maintains good communications with other functional groups concerning accounting and company issues. Collaborates with other employees in problem solving and process improvement.
• Occasional interaction with senior management for purposes of presentation of financial information relative to specific project, budgeting or in general.

Education

• Bachelor's degree in Accounting, Finance or a related subject is required.

Experience

• 3+ years of proven experience in cost accounting and/or finance.

Knowledge, Skills, Abilities

• Analytical skills
• Interpersonal skills
• The ability to plan, schedule and carry out work for successful project completion.
• Ability to work independently, accurately and timely, with little or no supervision.
• Written and verbal communication skills.
• Appreciation and understanding of outside department functions (manufacturing, engineering, customer support, IT, order admin, marketing and sales).
• Digital literacy, especially Microsoft Excel, Word and Access. Made to Manage, SAP or other ERP system experience a plus.
• Knowledge of accepted accounting practices and principles (GAAP).

Physical Requirements / Work Environment

• Physical Activity: Fingering, talking, hearing, walking, grasping, repetitive motion.
• Level of Physical requirements: Sedentary work
• Level of visual acuity: Inspection, close assembly, clerical, professional or administrative

Benefits

We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!

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

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.

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.

Accessibility/Disability Access

Job Seekers with a Disability: Thermo Fisher Scientific offers accessibility service for job seekers requiring accommodations in the job application process. For example, this may include individuals requiring assistance because of hearing, vision, mobility, or cognitive impairments. If you are a job seeker with a disability, or assisting a person with a disability, and require accessibility assistance or an accommodation to apply for one of our jobs, please submit a request by telephone at 1-855-471-2255*. Please include your contact information and specific details about your required accommodation to support you during the job application process.

• This telephone line is reserved solely for job seekers with disabilities requiring accessibility assistance or an accommodation in the job application process. Messages left for other purposes, such as not being able to get into the career website, following up on an application, or other non-disability related technical issues will not receive a response.

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