Management Accountant

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job 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. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives.

DESCRIPTION

How you will make an impact:

We have an exciting opportunity for a Management Accountant to join our Finance team based in Birmingham. This role would suit either an experienced Management Accountant looking for a varied and business-facing role, or a high-performing Assistant Management Accountant seeking the next step in their career progression.

If you have a passion for financial accuracy and timeliness across a global, multi-faceted organization, Thermo Fisher Scientific's Accounting and Controllership function is the team for you. With a keen understanding of laws, regulations and compliance as well as reporting requirements consistent with USGAAP, this team uses innovative financial systems and controls, data security and robust processes to protect the company's assets and support its short- and long-term growth on a global scale.

The successful candidate will be confident, proactive and able to hit the ground running, demonstrating previous management accounting experience and the ability to build effective relationships with stakeholders across the business. You will act as a finance business partner to designated functional areas, providing financial support, analysis and insight to help drive performance and support decision-making.

This role is Hybrid - 3 days in the Birmingham office and 2 days remote.

We would love to consider those who are part qualified for this position.

What you will do:

Month-End and Financial Reporting

Prepare and review monthly Profit & Loss accounts for support functions including IT, HR, Procurement, Finance and other administrative departments

Support R&D financial activities, including review and analysis of timesheet data and associated costs

Perform detailed P&L reviews and identify unusual transactions, trends and risks

Prepare monthly balance sheet reconciliations and investigate outstanding items

Complete P&L reconciliations and ensure accuracy and integrity of financial reporting

Review general ledger activity, researching and correcting account discrepancies

Assist with fixed asset accounting, including asset additions, disposals, transfers and depreciation reviews

Support the maintenance and integrity of the fixed asset register

Review capitalisation requests to ensure compliance with company accounting policies

Ensure the timeliness, accuracy, and completeness of monthly close activities and reporting deadlines

Financial Analysis and Business Partnering

Produce variance analysis against budget, forecast and prior year performance

Provide meaningful commentary, insights and recommendations to support business decision-making

Build strong relationships with budget holders and support them in understanding financial performance, risks and opportunities

Challenge assumptions where appropriate and provide financial guidance to stakeholders

Handle financial operations while collaborating with cross-functional teams in a global environment

Planning and Forecasting

Support the Annual Operating Plan (AOP)

Assist with periodic forecasting and reforecasting activities

Work with stakeholders to understand cost drivers, assumptions and financial risks

Support the preparation of management information, reporting packs and presentations

Audit and Compliance

Support internal and external audit requirements and provide supporting documentation for asset additions, disposals and capital projects

Ensure compliance with U.S. GAAP, Sarbanes-Oxley requirements, company policy, approval authority matrix and standard operating procedure

Recommend changes to strengthen control environment

Ensure appropriate documentation, controls and audit trails are maintained

Exercise sound data stewardship - following data policies (retention, privacy, security) and detailing procedures

Ensure effective data security and controls within ERP, financial systems, and data flows

Projects and Continuous Improvement

Drive continuous improvement and use systems to increase controls and efficiencies

Assist with process improvements, automation initiatives and standardisation activities

Provide financial support, analysis and insight for ad hoc projects as required

Identify opportunities to improve reporting efficiency and strengthen financial controls

Support the completion of National Statistics submissions and other regulatory reporting requirements

Undertake ad hoc financial analysis and reporting as required

Provide support across the wider Finance team during periods of peak activity

REQUIREMENTS

How you will get here:

Education and Experience

Bachelor's Degree plus 2-4 years of accounting or management accounting experience, preferably in a large multinational organization

Previous experience within a Management Accountant or Assistant Management Accountant role

Actively studying towards ACCA, CIMA or an equivalent professional qualification, or qualified by experience

University degree in Accounting, Finance, Business or a related discipline desirable

Knowledge, Skills, Abilities

Strong understanding of month-end accounting processes, financial accounting standards and internal controls

Experience preparing balance sheet reconciliations and P&L analysis

Experience producing variance analysis and financial commentary

Strong Excel skills and the ability to analyse and interpret large data sets

Experience working with ERP/accounting systems; experience with financial reporting tools (e.g. BlackLine) desirable

Excellent communication and interpersonal skills

Ability to build relationships with stakeholders at all levels

Self-motivated with the ability to work independently and manage competing priorities

Strong attention to detail and problem-solving skills

Experience of business partnering with non-finance stakeholders desirable

Experience supporting budgeting, forecasting and audit activities

Experience of fixed asset accounting and fixed asset register management desirable

Experience supporting R&D accounting, project accounting or capitalisation activities desirable

System automation and process improvement mindset

Demonstrated commitment to integrity and professional ethics

Personal Attributes

Confident and professional communicator

Proactive and willing to challenge where appropriate

Able to hit the ground running with minimal supervision

Organised and capable of managing multiple deadlines

Strong team player with a collaborative approach

Commercially minded with the ability to translate financial information into meaningful business insights

Curious mindset with a focus on continuous improvement and adding value to the business

Positive, adaptable and keen to learn and develop

Takes personal accountability for decisions and actions

Challenges the status quo; introduces and proactively seeks out new insights and solutions to strengthen our performance

What we offer:

Free on site car parking

Contributory Pension

Private medical insurance

Flexible benefits

Study support

Travel requirements

Less than 25% domestic/international travel required