At a Glance
- Tasks: Support revenue accounting through compliance, reporting, and operational improvements.
- Company: Join Thermo Fisher Scientific, a trusted leader in the industry.
- Benefits: Gain valuable experience, develop skills, and enjoy a supportive work environment.
- Other info: Opportunities for career growth and involvement in exciting finance projects.
- Why this job: Make an impact in finance while working with a dynamic global team.
- Qualifications: Pursuing an Accounting degree or professional qualification; strong Excel skills required.
The predicted salary is between 30000 - 40000 £ per year.
Work Schedule: Standard (Mon-Fri)
Environmental Conditions: Office
At Thermo Fisher Scientific, our Finance teams play a critical role in enabling business and functional leaders to make informed, strategic decisions that advance our Mission and reinforce our position as 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 global presence, providing significant opportunities to develop exceptional career experiences and perspectives.
How you will make an impact: If you have a passion for financial accuracy and timely reporting across a global, multifaceted organization, Thermo Fisher Scientific’s GBS (Global Business Services) Revenue Accounting function is the team for you. With a strong understanding of ASC 606 regulations and reporting requirements consistent with US GAAP, the team leverages robust processes and strong internal controls to support accurate and timely monthly revenue recognition across multiple complex divisions within Thermo Fisher Scientific’s global enterprise.
We are seeking a motivated finance professional to support the Revenue Accounting function through finance, accounting, and compliance activities. The successful candidate will implement accounting procedures, controls, and compliance processes to ensure timely and accurate revenue reporting. In addition, this individual will identify and recommend operational improvement opportunities while supporting leadership in achieving key business objectives.
What you will do:
- Perform monthly close activities, including journal entries, revenue deferrals, reconciliations, reporting, and analysis.
- Ensure proper revenue recognition treatment in compliance with company US GAAP policies and financial accounting standards.
- Support internal and external audit requirements.
- Drive continuous improvement initiatives and leverage systems to enhance controls and operational efficiencies.
- Review customer contracts, complex transactions, and order documentation through the application of accounting guidance.
- Serve as a key business partner to Sales, Customer Service, and Finance teams by providing technical accounting expertise and stakeholder training to support monthly revenue recognition activities.
- Participate in special finance projects, including migrations and the centralization of revenue processes within the team.
Requirements:
- Currently studying toward an Accounting degree or aspiring to obtain a professional qualification (ACA, ACCA, or CIMA).
- Excellent communication skills with the ability to build relationships at all organizational levels.
- Strong proficiency in Microsoft Excel.
- Experience with revenue recognition is beneficial but not essential.
- Demonstrates personal accountability for decisions and actions.
- Challenges the status quo and proactively seeks new insights and solutions to strengthen performance.
Accountant in Paisley employer: meeveem
At Thermo Fisher Scientific, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our Finance teams are integral to our mission, offering employees the chance to grow their careers through diverse opportunities in a supportive environment. With a focus on professional development and a commitment to operational excellence, working here means being part of a global leader dedicated to making a meaningful impact in the scientific community.
StudySmarter Expert Advice🤫
We think this is how you could land Accountant in Paisley
✨Tap into Campus Resources
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We think you need these skills to ace Accountant in Paisley
Some tips for your application 🫡
Show Off Those Grades!:In banking and financial services, your academic background is super important. Make sure to highlight your grades, especially in finance, economics, or maths. If you've got any relevant coursework or projects, don’t hesitate to include them in your CV!
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Squeaky Clean CV:Your CV should be clear and free of jargon. Focus on the skills that matter most in the banking sector, like analytical thinking and attention to detail. Don't forget to include any internships or part-time jobs that show your experience in a banking environment!
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As an intern in the banking and financial services sector, you'll want to showcase your analytical skills. Be ready to tackle numerical and case questions during your interview. Brush up on your data interpretation abilities and consider scenarios where you've used data to solve problems.
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Familiarise yourself with the financial tools and software commonly used in banking, like Bloomberg or Excel for financial modelling. We recommend having a couple of examples where you've applied these tools in your studies or projects to impress the interviewer.
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