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Thermo Fisher Scientific

Senior Cost Accounting Manager

Posted 2 Days Ago
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In-Office
Waltham, MA, USA
130K-195K Annually
Senior level
In-Office
Waltham, MA, USA
130K-195K Annually
Senior level
Lead integration and build the global cost accounting function for a newly acquired Filtration and Separation Division. Design cost accounting strategy, controls, governance, and E1 costing processes; oversee inventory accounting, product costing, monthly close, audits, and absorption analysis. Partner with Finance, Operations, Supply Chain, IT to standardize processes, drive automation, and build a high-performing global cost accounting team.
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Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

How will you make an impact? 

As the Senior Cost Accounting Manager for the Filtration and Separation Division (FSD), you will play a pivotal leadership role in the integration of a newly acquired $1B business into Thermo Fisher Scientific. This is a unique opportunity to build and lead the future-state global cost accounting organization for a newly formed division while establishing the processes, controls, governance, and reporting framework necessary to support a world-class manufacturing and finance organization. 

You will partner across Finance, Operations, Supply Chain, and IT to design and implement scalable cost accounting processes, strengthen inventory and manufacturing controls, and drive standardization across a complex global footprint. Your leadership will directly influence the operating model, control environment, and financial integrity of the FSD organization as it transitions from acquisition integration to long-term operational excellence. 

What will you do? 

Cost Accounting Leadership & Acquisition Integration 

  • Lead the development and implementation of the global cost accounting strategy for the newly acquired Filtration and Separation Division. 

  • Design and establish the future-state cost accounting organization, including roles, responsibilities, governance structures, and ownership models. 

  • Partner with Integration Management, Finance, Operations, and IT teams to assess current-state processes and implement Thermo Fisher accounting standards and best practices. 

  • Drive the integration of costing, inventory accounting, and financial reporting processes across acquired entities and manufacturing sites. 

Controls, Compliance & Governance 

  • Design and implement a robust internal control framework supporting inventory accounting, product costing, manufacturing accounting, and financial reporting. 

  • Establish standardized policies, procedures, and governance structures to support a scalable and compliant global cost accounting organization. 

  • Lead cycle count governance and inventory control initiatives across manufacturing sites to strengthen inventory accuracy and compliance. 

  • Oversee statutory audit support activities and coordinate audit responses for U.S. and international entities. 

  • Ensure compliance with U.S. GAAP, corporate accounting policies, and internal control requirements. 

Cost Accounting & Inventory Management 

  • Own global cost accounting and inventory accounting processes.  Including inventory excess & obsolescence reserves, standard setting, physical inventory and audit support. 

  • Lead annual cost roll activities, inventory revaluation analysis, labor and overhead rate calculations, purchase price updates, and capitalization assessments. 

  • Oversee monthly CMV calculations, inventory closing and account reconciliation process, absorption analysis, and manufacturing performance metrics. 

  • Evaluate and enhance product costing methodologies to improve accuracy, consistency, and business insight. 

  • Ensure global data integrity within E1 costing systems and partner with IT to optimize costing and reporting capabilities. 

Financial Leadership & Business Partnership 

  • Lead monthly, quarterly, and annual close activities related to inventory and manufacturing accounting. 

  • Partner with FSD Operations finance leader to build robust control environment, highlighting risks and opportunities for process improvement 

  • Partner with site finance leaders and operational stakeholders to provide insights on manufacturing performance, inventory management, and cost improvement opportunities. 

  • Prepare and present executive-level financial analyses and accounting positions. 

  • Drive continuous improvement initiatives focused on automation, standardization, reporting efficiency, and process effectiveness. 

 

Team Leadership 

  • Build, develop, and lead a high-performing global cost accounting team. 

  • Provide coaching, mentorship, and technical leadership while fostering a culture of accountability, continuous improvement, and operational excellence. 

  • Lead organizational development efforts as the division transitions from acquisition integration to a mature operating model. 

How will you get here? 

Education 

  • Bachelor's degree in Accounting, Finance, or related field, or the equivalent combination of education and experience. 

  • CPA, CMA, MBA, or Master's degree preferred. 

Knowledge, Skills & Abilities 

  • Proven ability to lead through ambiguity and build scalable processes, controls, and organizational structures in a rapidly evolving environment. 

  • Strong leadership skills with the ability to inspire change, influence stakeholders, and drive results across a global organization. 

  • Ability to mentor, coach, and develop direct reports while building a high-performing, collaborative team culture. 

  • Excellent communication and presentation skills with the ability to translate complex financial and operational information into clear business insights for executive leadership. 

  • Strong business partnering capabilities with experience collaborating across Finance, Operations, Supply Chain, IT, Internal Audit, and senior leadership teams. 

  • Excellent analytical, problem-solving, and project management skills with a continuous improvement mindset. 

  • Ability to balance strategic initiatives with operational execution while managing multiple priorities in a fast-paced, dynamic environment. 

  • Demonstrated ability to work effectively across global teams and navigate diverse cultural and organizational environments. 

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $130,000.00–$194,950.00.

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

HQ

Thermo Fisher Scientific Waltham, Massachusetts, USA Office

168 Third Avenue, Waltham, MA, United States

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