Senior Accounting Manager

Thermo Fisher Scientific • Minneapolis, MN

4d • $118,100 - $177,200 • Onsite

About The Position

In search of a Senior Accounting Manager to supervise the FSD sector post $1B acquisition. Responsible for overseeing accounting in the TSA phase, ensuring accurate financial reporting, and leading the handover to internal systems. This is a high-impact role that demands solid technical accounting expertise, effective communication abilities, and showed strength in M&A integration, carve-outs, or intricate accounting transitions. What sets this opportunity apart? As a Senior Accounting Manager at Thermo Fisher Scientific, you will play a crucial role in implementing top-tier accounting practices while navigating intricate financial landscapes. Join us in our ambitious journey and make a significant impact!

Requirements

• Bachelor’s degree or equivalent experience in Accounting (preferably with a CPA certification).
• 8+ years of dynamic accounting/finance experience with management experience (combination of public accounting and industry experience preferred).
• Solid understanding of U.S. GAAP with validated sophisticated accounting and technical skills.
• Effective written and oral communication skills.
• Thrive in a large, matrixed, international organization and have the ability to work cross-functionally with individuals and teams.
• Keep an eye toward continuous improvement with a successful track record of optimizing processes.
• Balance multiple projects and complete them optimally.

Responsibilities

• Support purchase accounting adjustments for the recent acquisition and integration into our accounting and reporting structure and processes.
• Maintain accurate records of acquisition-related journal entries and adjustments.
• Monthly monitoring of TSA accruals and invoices between the local jurisdictions of both Thermo Fisher and Solventum.
• Monthly closing of the 5 dedicated FSD accounting ledgers and supervising the transactions booked in 30 non-FSD entities in accordance with the financial close schedule.
• Review and validate financial data provided by the seller (e.g., trial balances, reconciliations, journal entries).
• Support the Sales/Property Tax governance process (filings performed by a 3rd party) for the new US and Europe entities.
• Lead Fixed assets Capital Acquisition Request (CAR) process, introduce CAPEX tool to new employees, define purchasing solutions during TSA, and establish CIP capitalization and review process at division level.
• Engage in the creation and execution of strategies for transferring accounting responsibilities from the TSA to internal departments or shared services.
• Technical accounting research of complex issues to ensure accurate accounting treatment.
• Coordination of the quarterly reviews and year-end financial audit process performed by the external independent auditors.
• Work closely with M&A, tax, legal, treasury, and business unit leaders during the integration process.
• Identify and drive process improvement initiatives.

Benefits

• A choice of national medical and dental plans, and a national vision plan, including health incentive programs
• Employee assistance and family support programs, including commuter benefits and tuition reimbursement
• 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, and short- and long-term disability in accordance with company policy
• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees