Operations Cost Accountant
Thermo Fisher Scientific

Job Description

Operations Cost Accountant - Analytical Instruments Group

At Thermo Fisher Scientific, our Finance teams are the backbone of our business, contributing significantly to a people-focused, inclusive culture. Collaborating closely with cross functional teams, we guide informed, strategic decisions that drive our Mission forward and solidify our position as a trusted industry leader.

Covering a spectrum from Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, to Strategy & Corporate Development, our Finance functions boast a diverse global presence. This diversity is integral to our inclusive culture, offering you a chance to craft an exceptional career filled with rich experiences and a broadened perspective, contributing to an environment where everyone's unique strengths are valued.

Ranked #69 on the esteemed 2023 Fortune most admired companies in the world and boasting revenues surpassing $40 billion, Thermo Fisher Scientific is not just a workplace; it's a gateway to endless possibilities for professional growth, all within an environment that champions diversity, inclusion, and the development of our people.

How you will make an impact:

As an Cost Accountant in our manufacturing division, operating in a fast-paced environment, you'll be at the heart of ensuring financial integrity and efficiency within our operations. We specialize in manufacturing scanning electron microscopes crucial for quality control in the integrated circuit industry. This role demands resilience and a tenacious spirit. You'll meticulously analyze production costs, monitor inventory levels, and collaborate closely with cross-functional teams to optimize manufacturing processes, ensuring the highest standards of quality for these specialized instruments. It's a position not for the fainthearted; instead, it's for those who want to learn to thrive under pressure and excel in dynamic settings.

What you will do:

Participate in Month-End Close Process: ensuring all financial transactions for the month are accurately recorded and reconciled promptly. Tasks include preparing journal entries, reconciling general ledger accounts, and assisting in financial reporting.

Cost Analysis: Conduct detailed analysis of production costs, including direct materials, labor, and overheads, to ensure accuracy and identify cost-saving opportunities.

Inventory Management: Supervise inventory levels, track usage, and reconcile discrepancies, ensuring accurate valuation and minimizing waste or shortages.

Collaboration: Work closely with cross-functional teams, including production, procurement, and finance, to streamline processes and optimize cost-efficiency.

Variance Analysis: Monitor and analyze cost variances, investigating discrepancies and implementing corrective measures to align with budgeted targets.

Process Optimization: Identify areas for process improvement within finance and manufacturing operations, recommending and implementing strategies to enhance efficiency without compromising quality.

Financial Reporting: Prepare and present comprehensive reports on manufacturing costs, providing insights and recommendations to support informed decision-making by senior management.

Compliance: Ensure compliance with accounting standards, internal controls, and regulatory requirements in all cost accounting activities.

Continuous Improvement: Proactively seek opportunities for cost reduction, develop and implement standard processes, and contribute to ongoing efforts aimed at enhancing operational effectiveness and profitability.

How you will get here:

Education

• Required: An undergraduate degree in Business, Finance or Accounting
• Desired but not vital: A CPA and/or CMA

Experience

• Minimum of 1-3 years of finance and/or accounting experience preferably in operations accounting

Knowledge, Skills, Abilities.

• Excellent understanding of financial accounting standards and cost accounting.
• Proficient user of Excel; experience with QAD ERP (or equivalent) PowerPoint, and Hyperion is desired
• Proficient verbal and written communication skills
• Challenges the status quo; introduces and proactively seeks out new insights and solutions to strengthen business performance

Travel requirements

None

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, tackle sophisticated 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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Job Summary

• ID
• Posted on
• Position - Cost Accountant - Analytical Instruments Group
• Job Type Full-Time
• Job Location: Richardson, Texas, US
• Hiring Manager Name: Jonathan Baker
• Recruiter Details
• Pay Band 5

This job has expired.