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Sr Financial Analyst
Work Schedule
Standard Office Hours (40/wk)
Environmental Conditions
Office
Job Description
Position Summary:
Thermo Fisher Scientific Inc. is seeking a skilled Financial Analyst to join our dynamic tax & finance team. This role will primarily support consolidation activities and ensure accurate and timely financial reporting & analysis. The ideal candidate will have a strong background in financial analysis, consolidation, and reporting processes, demonstrating an acute attention to detail and a dedication to excellence.
The Financial Analyst will provide accounting and finance support to the US corporate tax and treasury group. This includes accounting for a large portfolio of tax driven holding companies in multiple jurisdictions and various functional currencies.
Key Responsibilities:
- Ensure timely and accurate monthly reporting of tax holding company portfolio in our reporting tool Hyperion Financial Management (US GAAP).
- Reconcile foreign currency transactions and confirm compliance
- Liaise with Treasury for intercompany loan terms and update changes accordingly in HFM
- Run checks during financial close confirming entities are in balance and rollforward accounts accurate
- Work with local audit and tax firms to prepare annual statutory filings of our foreign tax entities
- Prepare initial balance and P&L based on statutory GAAP
- Provide timely information to local accounting firms where needed.
- Prepare reconciliation of USGAAP versus local GAAP
- Ensure corporate tax payments of our foreign subs are promptly made and updated correctly in HFM
- Review the accuracy of third-party vendor invoices ensuring they are in line with AOP and seeking proper organizational approval before forwarding to treasury for payment
- Other projects as necessary
- Review tax returns and prepare return to provision reconciliation.
Minimum Requirements/Qualifications:
Bachelor’s degree in Business with a concentration in Accounting and tax.
Minimum 5 years of related experience
Non-Negotiable Hiring Criteria:
- Diligent individual with the ability to maintain accuracy of information and meet deadlines with little direct supervision
- In-depth knowledge and understanding of income statement and balance sheet, loan amortization schedules and financial close processes
- Experience in large, multi-currency, international operating company
- Experience with foreign currency transactions and translation
- Proficient in Excel.
- Experience with reviewing and understanding tax returns.
Strong organizational, problem-solving and analytical skills