Senior Director, Technical Accounting
US - Massachusetts - Waltham Update time: October 1,2020
Job Description
When you’re part of the team at Thermo Fisher Scientific, you’ll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you’ll be supported in achieving your career goals.
Location: Waltham, MA
How will you make an impact?
As the Senior Director of Technical Accounting you will work closely with the Chief Accounting Officer in addressing technical accounting issues including revenue recognition, inventory, long-lived assets, transaction structuring, accounting for treasury, real estate and restructuring transactions, adoption of new standards, acquisition accounting, due diligence, and support of finance operations in application of US GAAP. In addition, you will assist in the following areas:
What will you do?
Education
Location: Waltham, MA
How will you make an impact?
As the Senior Director of Technical Accounting you will work closely with the Chief Accounting Officer in addressing technical accounting issues including revenue recognition, inventory, long-lived assets, transaction structuring, accounting for treasury, real estate and restructuring transactions, adoption of new standards, acquisition accounting, due diligence, and support of finance operations in application of US GAAP. In addition, you will assist in the following areas:
What will you do?
- Controllership
- Deploy training materials for field finance teams
- Oversee quarterly newsletter content for world-wide finance team and coordinate distribution
- Respond to questions relating to Approval Authority Matrix
- Review representation letters
- Team Leadership
- Oversee managers / senior managers as they interact with field inquiries
- Collaborate on strategic and tactical plans for team and the individuals’ roles
- Serve as primary technical accounting contact liaison with external auditors
- Serve as Executive Sponsor of Practical Process Improvement (PPI) projects
- Demonstrate expertise in US GAAP by:
- Overseeing content of accounting policies
- Determining impacts of emerging business issues
- Reviewing the opening balance sheet relating to any M&A activity
- Concluding on field inquiries regarding application of US GAAP
- Reviewing appropriate memoranda where necessary
- Supporting external reporting efforts during quarterly close, including discussing matters with external auditors
- Assisting with Audit Committee communications
- Proactively researching accounting for potential unique events, conditions, and types of transactions
- Overseeing total implementation of new accounting pronouncements, including coordination with cross-functional teams
- Serving as a primary contact for technical inquiries from corporate functions
- Clearly articulating conclusions with members of Finance Leadership Team
- Collaborate with Corporate FP&A in developing GAAP forecasts
- Develop credibility and collaborative relationships with peers and upper management by:
- Periodically visiting operating sites and delivering training
- Investing time to understand Thermo Fisher’s business and industries through collaboration on ad hoc projects with cross-functional teams including FP&A, Treasury, Real Estate, Operations, and Legal.
Education
- Bachelor’s degree in Accounting and Certified Public Accountant (current active or inactive license)
- 12+ years of either relevant public accounting (working with life sciences or technology companies) or public company experience in technical accounting
- Recognized expert in US GAAP
- Highly knowledgeable about SEC reporting and internal controls over financial reporting
- Strong project management skills
- Experience with complex, multinational enterprises required
- Self-motivated with a bias for action
- Effective oral and written communication skills
- Acting with integrity and demonstrating strong professional judgment
- Maintaining a positive attitude and desire for continuous improvement
- Ability to develop well-reasoned, strategic plans
- Demonstrating resilience and adaptability to changing business priorities
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