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Thermo Fisher Scientific

Senior Cost Accountant – CDR

Thermo Fisher Scientific

Cost Accountant overseeing cost accounting and inventory activities for global CDR manufacturing sites. Collaborating with supply chain and operational leaders to drive metrics and standardize processes across locations.

Posted 5/20/2026full-timeRemote • Montana, New Jersey, New York, North Carolina, Virginia • 🇺🇸 United StatesSenior💰 $93,800 - $140,675 per yearWebsite

Tech Stack

Tools & technologies
ERPOracle

About the role

Key responsibilities & impact
  • As part of the Global Clinical Diagnostics Costing team, you will be responsible for all cost accounting and inventory activities for the CDR manufacturing sites located at Middletown, US & Suzhou, CN.
  • You will work to build a world class cost accounting organization by developing and deploying consistent methods of establishing standard costs, variance analysis and reporting.
  • You will be an integral part of the global cost accounting organization, partnering with supply chain, sourcing, site operations, and operational improvement leaders to drive critical metrics.
  • Support all aspects of the annual standard cost update in the SAP ERP system: Work closely with the procurement function to establish accurate material costs.
  • Calculate the direct labor and overhead rates for the upcoming fiscal year; ensure the standardized methodology is applied across all sites within scope and ensure that Regional Controllers and Site Finance Leaders are onboard.
  • Assist in the analysis of year-over-year variances for both material and labor/overhead costs.
  • Consolidate updated standard costs by SKU for communication to the commercial group for use in timely updates to product pricing.
  • Prepare monthly journal entries such as capitalization of material variances, purchase price variance reclassification, labor, overhead and freight absorption reclassification (if needed), rebates accruals, and any ad hoc journal entries as needed.

Requirements

What you’ll need
  • Advanced Degree plus 6 years of experience, or Bachelor's Degree plus 8 years of experience in manufacturing cost accounting or finance
  • Preferred Fields of Study: Accounting, Finance, or related discipline
  • MBA, CPA, or CMA certification preferred
  • Strong proficiency in ERP systems (SAP, JD Edwards E1, or Oracle R12)
  • Advanced Excel skills and experience with financial reporting tools
  • Demonstrated expertise in standard cost accounting, variance analysis, and inventory management
  • Experience with monthly/quarterly close processes and journal entries
  • Ability to perform cost modeling and analysis for business cases, NPIs, and make-vs-buy decisions
  • Strong knowledge of GAAP and SOX compliance requirements
  • Experience supporting internal and external audits
  • Excellent analytical and problem-solving capabilities
  • Strong written and verbal communication skills
  • Ability to work effectively in a structured, matrix environment
  • Process improvement mindset
  • Experience with Bill of Materials (BOM) and production routing analysis
  • Ability to build effective partnerships across operations, planning, procurement, and finance teams

Benefits

Comp & perks
  • 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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
cost accountingvariance analysisinventory managementfinancial reportingcost modelingjournal entriesBill of Materials (BOM)production routing analysisadvanced Excel skillsGAAP
Soft Skills
analytical skillsproblem-solvingwritten communicationverbal communicationpartnership buildingprocess improvement mindsetability to work in a matrix environment
Certifications
MBACPACMA