BPG Senior Accounting Manager

at  Thermo Fisher Scientific

JOB TITLE: BPG SENIOR ACCOUNTING MANAGER

How you will make an impact:
The BioProduction Group within Thermo Fisher Scientific is seeking a Senior Accounting Manager for North America! This position will work closely with the regional accounting teams, the accounting shared service centers, the corporate accounting team, and the BPG FP&A groups.

The role reports to the LSG/BPG North America Accounting Director and has a direct staff of 3 team members responsible for the following areas.

• Monthly Close: Ensure timely closure of (4) local accounting ledgers and (1) shared service ledger as per financial close schedule. Analyze monthly financial results, supplementals and review aged items in account reconciliations.
• Technical Accounting Research: Conduct accounting research to ensure accurate accounting treatment. Serve as the division focal point for questions or mentorship on accounting or compliance-related topics.
• Balance Sheet Reviews: Lead annual process and ensure corrective actions are timely remediated within one quarter.
• CAPEX Projects: Monitor CAPEX projects and impairment risk.
• Lease and ARO Reserves: Strong partnership and communication with Real Estate on new leases, moves and monitor impact on ARO reserves.
• Restructuring Projects: Review calculations for restructuring projects and ensure accurate approvals are acquired and the reserve is accurately maintained.
• Financial Audits & Compliance: Coordinate the annual financial audit process performed by the external independent auditors and support internal audits. Ensure that accounting functions are being performed as stated in company procedures and in accordance with US GAAP and SOX.
• Training: Regularly train site controllers on corporate policies, accounting policy, accounting newsletter topics, and the Divisional Approval Authority Matrix.
• Working Capital Performance: Drive division to meet goals of cash collections, bad debt reduction and DSO targets by the North America AR teams.
• Team Leadership: Conduct goal setting, performance evaluations, and career development discussions for the team.
• Process Improvement: Identify and drive process improvement initiatives.

How will you get here?

EDUCATION:

• Bachelor’s degree in Accounting or Finance; CPA preferred.

EXPERIENCE:

• Minimum of 8 years of accounting/finance leadership experience with a combination of public accounting and industry experience.
• At least 5 years of management experience.

KNOWLEDGE, SKILLS, ABILITIES:

• Experience leading a diverse global financial month-end close in an accurate and timely manner while maintaining a strong control environment.
• Proven understanding of U.S. GAAP with advanced accounting and technical skills.
• Effective written and oral communication skills.
• Ability to excel in a large, matrixed, international organization and work cross-functionally with a diverse group of individuals and teams.
• Success in attracting, recruiting, developing, and retaining high-potential talent.
• Prior experience working with financial software such as M2M, Intuitive, Oracle R12, Hyperion Financial Management, and Hyperion Enterprise.
• Self motivator geared towards continuous improvement with a successful track record of optimizing processes.
• Ability to balance multiple projects and complete them efficiently and timely in a fast-paced environment.

• Monthly Close: Ensure timely closure of (4) local accounting ledgers and (1) shared service ledger as per financial close schedule. Analyze monthly financial results, supplementals and review aged items in account reconciliations.
• Technical Accounting Research: Conduct accounting research to ensure accurate accounting treatment. Serve as the division focal point for questions or mentorship on accounting or compliance-related topics.
• Balance Sheet Reviews: Lead annual process and ensure corrective actions are timely remediated within one quarter.
• CAPEX Projects: Monitor CAPEX projects and impairment risk.
• Lease and ARO Reserves: Strong partnership and communication with Real Estate on new leases, moves and monitor impact on ARO reserves.
• Restructuring Projects: Review calculations for restructuring projects and ensure accurate approvals are acquired and the reserve is accurately maintained.
• Financial Audits & Compliance: Coordinate the annual financial audit process performed by the external independent auditors and support internal audits. Ensure that accounting functions are being performed as stated in company procedures and in accordance with US GAAP and SOX.
• Training: Regularly train site controllers on corporate policies, accounting policy, accounting newsletter topics, and the Divisional Approval Authority Matrix.
• Working Capital Performance: Drive division to meet goals of cash collections, bad debt reduction and DSO targets by the North America AR teams.
• Team Leadership: Conduct goal setting, performance evaluations, and career development discussions for the team.
• Process Improvement: Identify and drive process improvement initiatives