Accountant I

at  Thermo Fisher Scientific

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.

POSITION SUMMARY:

Reporting to the AR Supervisor, the Associate Accountant is responsible in supporting strategic credit control and collection framework, providing effective credit risk management and driving collections performance. Account Receivable includes Credit & Collections, Billing and Cash Applications. The position is responsible to achieve AR key metrics and deliverables to support our business objectives and includes, but not limited to, supporting project implementations and business partnering.

MINIMUM REQUIREMENTS/QUALIFICATIONS:

• Accounting qualification (Bachelor’s degree or equivalent in Accountancy)
• 4 years B2B Accounts Receivable experience, preferably from multinational companies
• An excellent communicator with strong written and verbal skills in English. Comfortable and adept at presenting to various people including stakeholders, senior management and external customers
• Possess effective problem solving skills and able to multitask efficiently
• Highly organized and independent with proven ability to deliver results
• Has high level of integrity. Able to set goals and deliver under tight timelines
• Strong proficiency in programs such as MS Office (Word, Excel and Outlook)

SKILLS AND ATTRIBUTES

Own the Customer

RESPONSIBILITIES INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING:

• Perform Accounts Receivables duties in line with the company’s credit policies and procedures.
• Perform periodic review of credit limits on customer accounts
• Ensures orders are managed and released timely in accordance to guidelines
• Compile and maintain accurate and complete accounts receivable records in Cforia system to include contacts, status of past due, and any disputes identified
• Work cross-functionally with FP&A, Commercial and Customer Services teams to resolve any outstanding discrepancies on AR
• Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX compliance
• Participate in various finance SOP projects and initiatives to drive process improvements and automation
• Participate and support on revenue recognition accounting

OTHER AR ACCOUNTING TASKS INCLUDE BUT ARE NOT LIMITED TO:

• reviewing monthly and quarterly balance sheet reconciliations, and financial reporting packages
• reviewing SAB104 for revenue recognition, and ensuring that transactions are accurately recorded in accordance with policies in the proper accounting periods
• reviewing monthly ageing reports ad analysis
• monitoring credit reviews using financial and/or relevant reports
• managing various audits
• other ad-hoc duties as required and/or assigned.