Accounting Manager - Commercial
Thermo Fisher Scientific

Job Info

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Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

Join Thermo Fisher Scientific Inc., where your work will have far-reaching impacts, and your career will flourish in our collaborative environment! We are seeking an ambitious and skilled Accounting Manager who is ready to lead with excellence and add to our world-class team in the United States!

Position Summary

As the Commercial Accounting Manager, you will report directly to the Sr. Manager of Finance and coordinate with all aspects of accounting operations. This pivotal role involves coordinating revenue recognition, reporting, billing, and collections for commercial projects, ensuring strict adherence to our high standards.

Duties and Responsibilities

• Drive financial performance by establishing performance-based metrics and collaborating with functional business partners to achieve desired outcomes.
• Lead, mentor, and develop the commercial billing & collections team to support professional and technical growth.
• Implement and maintain commercial revenue recognition procedures in line with Division, Group, and Corporate accounting standards.
• Review and approve invoices for commercial contracts.
• Ensure accurate revenue recognition across North American sites.
• Project close-out processes with billing teams.
• Act as a liaison between functional groups and your team to ensure timely billing and revenue recognition.
• Support Business Leaders with reports that drive ongoing business strategy.
• Maintain open communication with direct management regarding financial results, identifying risks and opportunities.
• Assist managers with monthly, quarterly, and year-end reporting, including audits.
• Provide financial information for internal and external customers through monthly and quarterly business reviews.
• Develop forecasting models, and conduct strategic analysis to support business objectives.
• Lead the annual revenue budgeting process and monthly forecasting, collaborating with internal team members to meet financial commitments.
• Reconcile intercompany revenue against billings to ensure consistency with matching principles.
• Other duties as needed to meet business needs.

Basic Minimum Qualifications

• Expertise in financial reporting, internal controls, forecasting, analysis, and technical accounting knowledge.
• Strong business and industry knowledge with the ability to develop and implement robust accounting processes.
• Demonstrated history of driving continuous improvement to achieve business outcomes.
• Outstanding written and verbal communication skills.
• Experience mentoring team members on effective presentation and analysis.
• Ability to recruit, develop, and manage professional teams, providing constructive feedback.
• History of leading cross-functional teams and forming relationships with peers and operating partners.
• Dedication to ongoing learning and professional growth.
• Expertise in applying GAAP and local company policy requirements.

Education/Experience

• A four-year degree in Accounting or Finance is required.
• 3+ years of Finance or Accounting experience.
• Understanding of the connection between business processes and accounting processes.
• Equivalent experience such as CFA or MBA is acceptable.

Work Schedule

• Core hours are 8 AM to 5 PM, with additional hours as necessary.
• Potential to work holidays if they coincide with fiscal close week.
• May be required to work non-traditional work weeks/hours (during fiscal close or holidays)

Compensation and Benefits
The salary range estimated for this position based in Maryland is $103,100.00-$154,700.00.

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

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