Sr. Manager - Cost Accounting

ThermoFisher Scientific; Waltham (MA); On-site; USD 118,000 - 177,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Stock Purchase Plan

Paid time off

Job summary

Thermo Fisher Scientific invites a Senior Manager of Cost Accounting to lead cost/variance analysis, product costing, and inventory management across manufacturing operations. You will guide budgeting, forecasting, and capital expenditures, partnering with site leadership for profitability improvements.

Join a team focused on financial transparency, process optimization, and cross-functional collaboration to support our mission in health and safety across the globe.

Qualifications

• Advanced degree plus 6 years of experience in cost accounting or finance with leadership in manufacturing
• Preferred fields of study: Accounting, Finance, Economics, or related field
• CPA or CMA preferred
• Strong expertise in cost accounting principles, GAAP, and financial analysis
• ERP systems proficiency (SAP, Oracle, JD Edwards) and financial apps (Excel, PowerBI, HFM/CMR)
• Demonstrated ability to lead and develop teams
• Excellence in forecasting, budgeting, variance analysis, and root cause interpretation
• Strong analytical skills with ability to handle large datasets and deliver accurate reporting
• Effective communication and presentation abilities for stakeholders
• Experience leading month-end close, standard costing, and inventory management
• Proven success in process improvements and cross-functional partnering
• Self-directed with strong organizational/time management
• Travel may be required
• Biotech/pharma industry experience preferred

Responsibilities

• Oversee cost accounting, product costing, inventory management, variance analysis, and capital expenditures
• Lead site financial planning and analysis, support monthly/quarterly business reviews
• Implement strategic initiatives to enhance profitability and cost control
• Guide and develop finance teams in a manufacturing environment
• Partner with operations leadership for financial transparency and accountability
• Manage month-end close, standard costing, and inventory stewardship
• Drive process improvements and cross-functional collaboration across sites

Skills

Leadership

Cost accounting

GAAP

Financial analysis

Forecasting

Budgeting

Variance analysis

Data interpretation

Communication

Cross-functional partner

Education

Advanced degree

Bachelor's degree

Accounting/Finance/Economics

CPA or CMA

Tools

SAP

Oracle

JD Edwards

Excel

PowerBI

HFM/CMR

Job description

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.

DESCRIPTION:

As a Senior Manager of Cost Accounting at Thermo Fisher Scientific, you'll contribute to financial excellence and operational success across our manufacturing operations. Leading a team of financial analysts, you'll partner with operations leadership, ensuring financial transparency and accountability while optimizing costs and supporting continuous improvement. This position offers opportunities to create meaningful impact through financial leadership, process optimization, and cross-functional collaboration in support of our mission to enable customers to make the world healthier, cleaner and safer.

You’ll oversee all aspects of cost accounting, including product costing, inventory management, variance analysis, and capital expenditures. Working closely with site leadership teams, you'll guide financial planning and analysis, facilitate monthly/quarterly business reviews, and implement strategic initiatives to enhance profitability. This role combines technical expertise, leadership capabilities, and business acumen to effectively manage financial operations in a dynamic manufacturing environment.

REQUIREMENTS:

• Advanced Degree plus 6 years of experience, or Bachelor's Degree plus 8 years of experience in cost accounting or finance, with proven leadership experience in manufacturing environments

• Preferred Fields of Study: Accounting, Finance, Economics, or related business field

• CPA or CMA preferred

• Strong expertise in cost accounting principles, GAAP, and financial analysis

• Advanced proficiency in ERP systems (SAP, Oracle, JD Edwards) and financial applications (Excel, PowerBI, HFM/CMR)

• Demonstrated ability to lead and develop teams

• Excellence in financial forecasting, budgeting, variance analysis, and root cause interpretation

• Strong analytical skills with ability to handle large datasets and deliver accurate reporting

• Effective communication and presentation abilities to engage stakeholders at all levels

• Experience in leading month-end close processes, standard costing, and inventory management

• Demonstrated success in identifying and implementing process improvements

• Strong business partnering skills with ability to work cross-functionally

• Self-directed with excellent organizational and time management capabilities

• Travel may be required

• Experience in biotech or pharmaceutical industry preferred

No relocation assistance provided at this time

Compensation and Benefits

The salary range estimated for this position based in North Carolina is $118,100.00–$177,200.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• A choice of national medical and dental plans, and a national vision plan, including health incentive programs

• Employee assistance and family support programs, including commuter benefits and tuition reimbursement

• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.