Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob 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. Our Finance function has a diverse and global presence, providing significant opportunities to develop unique career experiences and perspectives. You’ll discover endless opportunities to grow a rewarding career as part of the world leader serving science.
How you will make an impact:
The Australia entity within Thermo Fisher Scientific is seeking a Cost Accountant III. This role will provide costing support for the Scoresby DC and New Castle, NSW plant in Australia. It will closely interact and partner with Operations Teams globally.
What you will do:
- Serve as the main inventory accounting contact and business partner for the Scoresby (Melbourne) DC and New Castle, NSW Plant in Australia.
- Collaborate with the Operations Finance team to analyze cost data to identify productivity opportunities to improve the total cost of products manufactured in the New Castle, NSW plant.
- Perform weekly reviews of variances to Standard Cost, including WOV, PPV, and Absorption, and translate findings into concrete actions with planning or procurement that get to the root causes.
- Perform regular tasks relating to the monthly, quarterly, and yearly financial close process, including reconciliations.
- Provide accounting support for the Australia cycle count program. Observe cycle counts performed in 1 day twice a quarter. Prepare cycle count absolute accuracy reports each month, with a goal to become fully cycle count compliant in 2026.
- Support the Global Annual Inventory Cost Roll by working directly with manufacturing teams to review new standards and their impact on inventory revaluation and updating Labor and Overhead rates for the New Castle, NSW Plant.
- Maintain data integrity globally for standard costing; this includes cost re-rolls, data maintenance and working closely with IT and Finance to understand and communicate impact
- Support the local Operations teams from a cost accounting perspective to help quantify savings for potential projects/initiatives. I.E. purchasing team, warehouse, planning, etc.
- Become adept in data reporting and analytics from ERP systems, G/L, GLA, SPoT, Cognos and PLN.
- Cultivate business partnerships with Operations, Planning, Procurement, Supply Chain, and Ops Finance to drive process improvements.
- Support the management of excess and obsolete inventory for the plants and DCs supported in this role; partner with site finance to provide analysis of at-risk inventory
- Support SOX and External auditors by providing clear supporting explanations and documents.
How will you get here:
Education:
- Degree in Finance or Accounting. MBA, CPA/CMA a plus.
Experience:
- At least 3-5 years of manufacturing cost accounting or finance experience
- Expert-level Microsoft Excel skills and proficiency with financial reporting tools
JD Edwards E1 ERP system is a strong preference. - Strong knowledge of US GAAP and cost accounting principles
- Experience with standard costing, variance analysis, and inventory management
- Ability to prepare and analyze complex financial reports and reconciliations
- Strong analytical and problem-solving skills with attention to detail
- Experience with month-end close processes and journal entries
Knowledge/Skills/Abilities:
- Excellent communication and interpersonal skills for cross-functional collaboration
- Be able to thrive in a sophisticated, multi-level environment and have the ability to work cross-functionally with individuals and teams
- Self-motivated, independent asset in the organization who has enthusiasm and energy for the job
- An eye toward continuous improvement with a successful track record of optimizing processes
- Take on ad hoc projects and complete them timely and accurately
- Proven ability to manage multiple priorities in a deadline-driven environment
- Bilingual skills are a benefit
- Ability to travel up to 25%
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.
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, solve complex 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
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.
