Accountant III
US - California - Carlsbad Update time: October 23,2020
Job Description
The Accountant III will support the North America accounting function within the Life Sciences Solutions Group (LSG) of Thermo Fisher Scientific. As a member of the Revenue team, key responsibilities include:
- Performs month-end close activities, including journal entry preparation
- Performs account reconciliations for revenue-related accounts and any other assigned areas
- Ensures compliance with US GAAP, the company’s revenue recognition policies and SOX controls
- Reviews and analyzes sales orders and service agreements to evaluate and identify potential revenue recognition issues (i.e. complex language, omissions of data, necessary additions, language changes)
- Collects and reviews documentation (i.e. proof of delivery, customer acceptance) to ensure revenue recognition conditions have been met
- Reviews licensing contracts for proper accounting treatment
- Supports the Finance teams by assisting with revenue recognition related questions
- Documents work product using available systems and tools
- Participates in projects related to process improvement
- Supports ad-hoc tasks and requests as needed
Minimum Requirements/Qualifications:
Analytical skills to solve practical problems and deal with a variety of variables in situations where only limited standardization exists
- Read and interpret terms and conditions, written guidelines, directions, and correspondence
- Strong communication skills to prepare and deliver analytical, and/or persuasive presentations
- Strong organizational skills to balance priorities, complete projects in a timely manner, and consistently manage own workload
- Diplomacy, flexibility and tact (professional demeanor)
- Organized, detail-oriented and refined time management skills
- Ability to work effectively under high stress, time critical deadlines
- Ability to work independently with general direction
- Commitment to continuous improvement
- Knowledge of accepted accounting practices and principles (GAAP)
- Flexibility in scheduling due to business requirements (i.e., month-end close)
Strong accounting background (revenue recognition experience a plus)
- Experience with automated accounting (ERP) systems (HFM, SAP, JD Edwards/E1, Oracle R12 a plus)
- Life science industry experience a plus
Bachelor's degree (Finance or Accounting)
- 3+ years of accounting experience
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