Lab Supplies Inventory Accounting Manager

Work Schedule

Environmental Conditions

Job Description

At Thermo Fisher Scientific, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life - enabling our customers to make the world healthier, cleaner and safer. We provide our teams with the resources needed to achieve individual career goals while taking science a step beyond through research, development and delivery of life-changing therapies. With clinical trials conducted in 100+ countries and ongoing development of novel frameworks for clinical research through our PPD clinical research portfolio, our work spans laboratory, digital and decentralized clinical trial services. Your determination to deliver quality and accuracy will improve health outcomes that people and communities depend on – now and in the future.

Join Thermo Fisher Scientific’s Clinical Research Group (CRG) Controllership team and lead the accounting for laboratory supplies inventory in an exceptionally dynamic environment. This pivotal role manages a small team to ensure flawless adherence to accounting principles and standards, driving our mission forward!

This is a fully remote position for candidates located in eastern standard time (EST).

Candidate of choice should expect domestic and possibly international travel to our laboratory sites for expected inventory count periods.

Responsibilities of the position include:

• Establishing and monitoring supplies inventory-related internal controls, procedures, and policies
• Supporting Labs finance and the Controllership teams
• Successfully implementing the closing of the Oracle inventory module during month-end in accordance with company deadlines
• Managing supplies inventory counts and observation procedures
• Collecting and analyzing complex financial information
• Establishing, improving, and monitoring metrics and supplies inventory dashboards
• Coordinating consumption trends and exposure to excess or obsolete supplies inventory
• Preparing accurate, transparent, and timely financial reports and accounting statements to support leadership in decision-making
• Preparing or reviewing complex journal entries and reconciliations to ensure that the general ledger is accurate and complete
• Partnering with Shared Services functions to identify expanded support and migration of work
• Providing technical accounting advice within area of expertise to functional or operational managers to help them develop budgets, understand financial reports, and improve operational efficiency
• Preparing for consultations with corporate technical accounting where required per policy
• Ensuring accuracy and compliance with all accounting regulations
• Assisting with internal and external financial audits
• Ensuring efficient set up and deployment of Oracle invetory accounting system for new and growing sites
• Continuously improving inventory accounting and reporting processes
• Maintaining relationships with third-party kit assembly vendors and monitoring accounting for offsite consumable supplies
• Leading third-party scan gun program
• Lead Oracle Inventory training module and guides

Minimum Requirements

• Bachelor's degree in accounting or related field
• 5+ years of relevant experience

Knowledge, Skills, and Abilities

• Advanced knowledge of accounting/financial principles
• Advanced knowledge of consumable inventory
• Proficiency in applying advanced knowledge, skills, and expertise to analysis are essential
• Works independently with minimal supervision, plans work schedules to meet goals, and performs under stress

Salary Transparency

The salary range estimated for this position is $115,000 - $125,000. This position will also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. Actual compensation will be confirmed in writing at the time of offer.

We offer a comprehensive Total Rewards package that our US colleagues and their families can count on, which generally include:

• A choice of national medical and dental plans, and a national vision plan

• A wellness program, and valuable health incentive opportunities for company contributions to a Health Reimbursement Accounts (HSAs) or Health Savings Account (HSA)

•Tax-advantaged savings and spending accounts and commuter benefits

• Employee assistance programs

• At least 120 hours paid time off (PTO). 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, short- and long-term disability, and volunteer rime off in accordance with company policy.

• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

Accessibility/Disability Access

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.

EEO & Affirmative Action

Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, religion, color, national or ethnic origin, citizenship, sex, sexual orientation, gender identity and expression, genetic information, veteran status, age or disability status.