About the role
Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
Position Summary
The Revenue Accountant II plays a key role within the Record-to-Report (R2R) organization, supporting accurate and timely revenue accounting and reporting activities for multiple entities within Thermo Fisher Scientific.
As part of the Global Business Services (GBS) organization, this role partners closely with Sales, Customer Service, Finance, and Accounting teams to ensure revenue transactions are accounted for in accordance with company policies and applicable accounting standards.
This position offers an excellent opportunity for accounting professionals looking to expand their expertise in Revenue Recognition within a global organization. The successful candidate will combine strong accounting fundamentals, analytical thinking, and business partnering skills to support complex revenue-related activities and continuous improvement initiatives.
Main Responsibilities
- Ensure proper revenue recognition treatment in compliance with company policies and applicable accounting standards.
- Review customer contracts, purchase orders, and commercial agreements to determine appropriate revenue recognition treatment.
- Partner with Sales, Customer Service, Finance, and Accounting teams to provide accounting guidance and support on revenue-related matters.
- Assess risks and apply professional judgment to revenue transactions and accounting decisions.
- Support monthly, quarterly, and annual financial reporting activities, including revenue analytics and reporting.
- Perform month-end close activities, including journal entries, account reconciliations, deferred revenue roll-forwards, and reporting requirements.
- Prepare and review balance sheet reconciliations, ensuring completeness, accuracy, and proper supporting documentation.
- Maintain reconciliation records and supporting schedules within established systems and controls.
- Participate in process migrations, standardization efforts, and revenue process centralization initiatives.
- Identify and implement process improvement opportunities utilizing PPI methodology and best practices.
Minimum Qualifications
- Bachelor's degree in Accounting, Finance, or related field, or equivalent relevant experience.
- Experience in Accounting, Financial Reporting, General Ledger, Record-to-Report (R2R), or related finance functions.
- Strong accounting fundamentals and understanding of financial statements.
- Advanced English proficiency (C1 preferred), including the ability to review and interpret contracts and commercial agreements.
- Strong analytical and problem-solving skills.
- Advanced Excel skills.
- Effective organizational and time management skills with the ability to manage multiple priorities and deadlines.
- Excellent communication and stakeholder management skills.
Preferred Qualifications
- Experience in Revenue Recognition or Revenue Accounting.
- Experience working within a Shared Services Center, Global Business Services (GBS), or a multinational environment.
- Knowledge of revenue accounting standards and contract review processes.
- Experience with ERP systems such as SAP, Oracle, or JD Edwards.
- Experience participating in process improvement, migration, or transformation initiatives.
Why Join Thermo Fisher Scientific?
Join a growing Global Business Services organization where you'll have the opportunity to develop specialized expertise in revenue accounting, collaborate with global teams, and contribute to meaningful work that makes the world healthier, cleaner, and safer.
Aplyr's read
Thermo Fisher Scientific is a powerhouse in biotechnology, attracting professionals passionate about advancing scientific research and innovation across diverse roles and regions.
What's promising
- •Thermo Fisher is a leader in the biotech industry, offering stability and growth potential.
- •The company invests heavily in R&D, fostering innovation and cutting-edge solutions.
- •Global presence provides diverse career opportunities across multiple regions and disciplines.
What to watch
- •High pressure and fast-paced environment may not suit everyone.
- •Complex organizational structure can lead to communication challenges.
- •Frequent acquisitions may result in uncertainty and change for employees.
Why Thermo Fisher
- •Thermo Fisher's broad product portfolio spans laboratory equipment to clinical diagnostics.
- •The company plays a crucial role in global scientific advancements and healthcare solutions.
- •Strong focus on sustainability and corporate responsibility sets it apart in the industry.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Thermo Fisher
Thermo Fisher Scientific is a global leader in serving science, providing a range of products and services to help researchers and scientists in laboratories and clinical settings.