The Technical Accounting Manager will oversee technical accounting issues, ensure compliance with US GAAP, evaluate contracts, manage internal controls, and support audits.
Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
Job DescriptionThe Technical Accounting Manager for the Pharma Services Group (PSG) will address technical accounting issues including ASC 606 revenue recognition, inventory, long-lived assets, transaction structuring, leases and real estate transactions, adoption of new standards, acquisition accounting, due diligence, and support of finance operations in the application of US GAAP.
What You'll Do- Demonstrate expertise in US GAAP by clarifying accounting policies, proactively researching topics, and assisting sites with implementation of new accounting pronouncements
- Collaborate with business teams to structure sales contracts for favorable and accurate ASC 606 revenue recognition
- Evaluate sales contracts to ensure compliance with US GAAP and prepare ad-hoc memorandums for leadership on significant and complex contracts
- Monitor and oversee internal controls around revenue recognition accounting in accordance with company policies and develop/document contract review processes
- Review balance sheet and income statement fluxes to analyze financial performance
- Support and review monthly supplemental and roll forward reporting by sites, and train teams on accurate reporting
- Develop and deploy training materials for process, control, or accounting changes
- Assist with audit requests for internal and external audits
- Invest time to understand PSG’s business by collaborating on ad-hoc projects with cross functional teams
- Bachelor’s or Master’s degree in Accounting or Finance, with meaningful coursework in technical accounting principles
- 5+ years of accounting and/or finance experience
- Public accounting experience, including time at a Big 4 firm, is desirable
- Strong US GAAP knowledge and intuition for business
- Strong written and verbal communication skills
- Proficient in Microsoft Office Products, including advanced knowledge of pivots, charts, and formulas in Excel
- Experience with Salesforce.com, SAP, Cognos, and Hyperion is very desirable
- Strong project management skills and structured demeanor with focus on process/continuous improvements
- Ability to prioritize multiple projects, self-motivated, flexible, and strong work ethic
- Demonstrated track record of increasing levels of responsibility
We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!
Top Skills
Cognos
Hyperion
MS Office
Salesforce
SAP
Thermo Fisher Scientific Waltham, Massachusetts, USA Office
168 Third Avenue, Waltham, MA, United States
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