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Cost Accountant II

3 months ago

Paisley, United Kingdom Thermo Fisher Scientific Inc. Full time

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Thermo Fisher Scientific Inc. is seeking a highly motivated individual with strong work behaviours to join our Finance/Insurance team as a Cost Accountant II. As a world-class leader in scientific research, we are committed to enabling our customers to make the world healthier, cleaner, and safer. At Thermo Fisher Scientific, our values of Integrity, Intensity, Innovation, and Involvement drive our success, and we are looking for individuals who demonstrate these qualities.

Responsibilities:

  1. Establish and update SKU level standard costs in accordance with corporate policies and generally accepted accounting principles.
  2. Collaborate with manufacturing personnel on structure and validity of BOM and routing data. Collect and study data to determine costs of business activities.
  3. Assist in the analysis of financial data and extract and assess relevant information; interpret data for the purpose of applying past financial performance to future standards.
  4. Develop financial reports from various accounting and information systems (specifically E1, SAP and EDW) for use in forecasting, trending, and results analysis. Validate accuracy of the financial results.
  5. Provide support as required for cost benefit analysis related to projects and/or programs.
  6. Reconcile ending inventory balances on a monthly basis. Serve as the owner of transactional data associated with inventory moves.
  7. Manage the excess and obsolete inventory reserves based on guidance from corporate policy.
  8. Actively participate and provide leadership in various projects to improve the operational and financial effectiveness of the plant related to the standard costs of individual SKUs.
  9. Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to format data and assemble reports.
  10. Participate in annual budgeting and standard cost roll.
  11. Perform other related duties as required and/or assigned.

Requirements:

  1. Excellent written and oral communication skills are required.
  2. Must be able to interface effectively with all levels of company employees.
  3. Must demonstrate judgment, tact, and diplomacy in dealing with internal and external customers as well as the ability to handle confidential and proprietary information.
  4. Requires a functional knowledge of manufacturing and cost accounting.
  5. Job encounters recurring work situations with occasional variations from the norm (ambiguity), involving a moderate degree of complexity.
  6. Accuracy is required in performing all functions of this position.
  7. Self-Initiative and organization skills are extremely valuable to ensure a smooth office operation.
  8. Must demonstrate self-motivation, enthusiasm, a positive outlook, and the ability to collaborate effectively.
  9. Applicants must possess a bachelor’s degree in accounting, part qualified CIMA or ACCA or have equivalent education and experience.

Works in an office environment. Some traveling may be required.

Join our team at Thermo Fisher Scientific and be part of our mission to shape the future of science and drive technological innovation. We offer a competitive salary and benefits package, as well as opportunities for career growth and advancement.

Equality and inclusivity are core values at Thermo Fisher Scientific. We are an equal opportunity employer and do not discriminate on the basis of race, colour, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, or any other legally protected status. We believe that a diverse workforce enhances our ability to provide exceptional solutions to our customers and promotes a collaborative and inclusive work environment.

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