Financial Accountant

4 weeks ago


Mississauga, Ontario, Canada Thermo Fisher Scientific Full time
{"Job Summary

We are seeking a highly skilled Financial Accountant to join our team at Thermo Fisher Scientific.

Main Responsibilities

* Prepare month-end tasks, journal entries, balance sheet account reconciliations and financial reporting supplements to Corporate that is shared amongst the Canada Controllership team as well as perform financial or accounting analysis as needed.
* Analyze monthly fluctuations to identify potential adjustments and investigate aging balances.
* Act as a key liaison between site employees and the Accounts Payable (AP) and Accounts Receivable (AR) shared services teams by troubleshooting and removing barriers, including: Review and resolve vendor invoice related issues, analyze aged payables to prompt timely action and support invoice approvers to maintain a strong paid-on-time metric.
* Own the client credit and rebill process while providing insights on the trending of errors and recommend preventative measures.
* Lead the client billback process with the support of the Business / Project Management teams (reimbursement of client-funded capital projects, inventory consumption and client material requests) by performing clearing activities timely and accurately to match spend against client invoices.
* Assist the Collection team with calls for action to resolve invoice disputes and aged AR and lead efforts to reduce the bad debt provision.
* Provide guidance to the Cash Application team to ensure the timely completion of clearing activities and proper coding of incoming receipts.
* Participate in inventory cycle counts and fixed asset counts.
* Conduct revenue audits to identify and correct potential misstatements to financials.
* Ensure continued compliance with accounting policies and SOX internal controls while seeking opportunities for improvement.
* Create, maintain and improve standard operating procedures.
* Provide support with internal and external audit requests including tax-related matters.
* Analyze, engage, drive insights and make recommendations to improve process efficiency, including opportunities for increased automation of the finance function.
* Collaborate with the Controllership teams at other sites in the DPD North America group to implement standardized processes, improved controls and recommend solutions to remove common barriers.
* Assist in the education and training of Canadian Finance and non-Finance employees on accounting matters and implications as policy changes arise.

Requirements

* Bachelor's degree in accounting or finance
* Finance/Accounting designation is preferred or working towards it (CPA)
* Minimum of 3 years of previous experience within an Assurance, Audit, and/or Controllership organization
* Previous experience with the AR and AP cycle
* Previous experience in a manufacturing environment is preferred
* Key Competencies

* Passion for driving improvement and leading change in a fast-paced environment
* Excellent presentation, verbal and written communication skills
* Creative problem-solving abilities
* Effectively prioritize work while remaining organized
* Keen attention to detail
* Proficiency with Microsoft Office programs
* Proficiency with the English Language
* Knowledge of SAP is an asset

Why Join Us

Thermo Fisher Scientific is a leading provider of scientific instrumentation, software, and services. We offer a dynamic and inclusive work environment that fosters innovation, creativity, and collaboration. If you are a motivated and detail-oriented individual with a passion for accounting, we encourage you to apply for this exciting opportunity.
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