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
This role will be critical to the development of our Fisher BioServices Accounts Payable operating procedures and work instructions. The right candidate will be a liaison between the Manager of Accounting and the Accounts Payable team members to ensure we are adhering to internal Thermo Fisher Scientific cost accounting principles as well as GAAP. This position will work cross-functionally to coach and train other groups in the organization where processes impact Accounts Payable. As necessary, this position will also act as a working lead to ensure timely processing of all invoices.
Responsibilities
Manage and develop accounts payable team as well as succession planning
Develop metric-based reporting to ensure continued process improvement
Suggest/present and execute opportunities for continuous improvement
Coordinate AP workflow/make suggestions for better efficiencies in department.
Assist team with processing of invoices where necessary.
Lead AP Projects to drive efficiencies and improve throughput on processing invoices.
Evaluate all invoices to ensure proper documentation and approval prior to fulfillment of payment.
Routing documents for approval, filing and updating of records
Ownership of month end close and account reconciliations (includes Intercompany reconciliations and monthly accruals) as related to accounts payable
Support AOP process with reporting and suggested budgeting for cost centers and other areas
Assist with the setup and maintenance of new and existing vendors
Provide audit support (including preparing reconciliations/reports)
Preparing and processing accounts payable electronic payments through system, verifying accuracy and rectifying any issues.
Resolve both external vendor and internal customer inquiries and discrepancies.
Maintain electronic filing of documents and confirm consistency of naming convention
Process and post accounts payable invoices ensuring vendors are paid on time and discounts, if any, are taken
Resolve and process disputed invoices. Includes issue resolution for direct reports as necessary.
Guarantee all vendor accounts are handled precisely and ensure accurate and complete
information is recorded.
Establish SOPs with Buyers to enhance receiving process & ensure timely cost recognition.
Understand and maintain GAAP requirements around A/P
Other ad-hoc projects/reports as needed.
Education
Experience
3+ years of relevant work experience
Excellent attention to detail
Solid supervisory skills
Ability to respond, engage and drive results
Minimum Requirements/Qualifications:
Excellent skills with MS Excel, PowerBi, and MS PowerPoint are required; skills with Data Warehouse, Oracle, COGNOS, are preferred.
Candidate will demonstrate experience in the following areas: financial reporting, internal control, forecasting, analysis, financial modeling, and technical accounting knowledge.
The ideal candidate will exhibit leadership, initiative, and embrace the Thermo Fisher Scientific 4-I values of Integrity, Intensity, Innovation, and Involvement.
Detail oriented, with the ability to complete task objectives within provided timelines.
Must be able to work within a team environment.
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.
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Rockville, Maryland
Full Time