Thermo Fisher Scientific Jobs

Job Information

ThermoFisher Scientific Associate Finance Analyst - Early development studies in Sofia, Bulgaria

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

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.

Discover Impactful Work:

Contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting. Works cross-functionally with operations, commercial finance, and finance to resolve issues related to any of the following: revenue, costs, contract values, billing, balance sheet management, financial reporting, financial tools and processes

A day in the Life:

  • Performs accounting and analysis of key financials which are produced from the Operations Finance group; especially focusing on revenue, indirect costs and key balance sheet entries.

  • Is aware of the processes and controls under which the Operations Finance group operates.

  • Performs data integrity checks between the various systems to ensure consistency and conformity.

  • Identifies issues related to study setup parameters which impact revenue recognition and liaises with support staff to ensure these are resolved on a timely basis.

  • Supports with data loads to our various systems, and the reconciliation of that data post-load to ensure completeness.

  • Provides support with both internal and external audit requests.

  • Posts revenue and balance sheet events and supports with the reconciliations thereof.

  • Involved with upgrade and improvement testing of our various systems, as well as providing ideas of process improvements and efficiency savings.

  • Prepares small company unbilled reconciliations monthly by closely following the guidance and performing the checks. Investigate and suggest actions for corrections of the variances

  • Demonstrate awareness of different system reports used by FC team (Mosaic, Clarity, ADAPT) including FRC, smart view and OTBI reports. Run reports and validate them before sharing with other LOBs and team members. Escalate issues with reports (either issues with data or processing or running time etc.) to the line manager.

  • Prepare simple month end reports and reconciliations by following the process guidance. Ensure the tasks are completed accurately and within the required deadlines.

  • Assist with preparation and analysis on cost and revenue generating activities.

  • Assist with preparation and loading of Revenue events and GL Journals in Mosaic.

  • Calculate non-complex revenue accruals and provisions that need to be absorbed into month end numbers.

  • Demonstrate the ability to apply guidance to tasks while considering situations where deviation from the process may be required and raising these instances to line manager.

  • Compile data for internal/external auditing as the need arises.

  • Communicate within the team and cross LOB upon task completion or if any delays/system issues.

Keys to Success:

Education

  • Bachelor's Degree in Finance/Accounting or any related course

  • with certification/license is an advantage

Experience

Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to at least 3+ years).

In some cases an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirements of the role.

Knowledge, Skills, Abilities

  • Proficiency in Microsoft Office programs

  • Good organizational and time management skills

  • Confidence to handle sensitive information and data effectively

  • Ability to coordinate multiple tasks while still delivering high quality results

  • Good written and oral communications skills

  • Ability to interact effectively with all levels of the organization

  • Detail oriented

  • Working knowledge of accounting principles

Physical Requirements / Work Environment

  • Ability to access and use a variety of computer software developed both in-house and off-the-shelf.

  • Ability to communicate information and ideas so others will understand; with the ability to listen to and understand information and ideas presented through spoken words and sentences.

  • May interact with others, relating and gathering sensitive information. Interaction includes diverse organizations.

  • Works with guidance or reliance on oral or written instructions from management. May require periods of intense concentration.

  • Performs a wide range of variable tasks as decided by variable demands and changing conditions with little predictability as to the occurrence. Ability to perform under stress. Ability to multi-task.

  • Regular and consistent attendance

Benefits

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!

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.

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