Job ID :
51113BR
Location :
Canada - Burlington
:
Job Description
Key responsibilities
General Accounting and Analysis
- Perform monthly closing activities including closing of sub-ledger, journal entries, accruals, account reconciliation and analysis
- Ensure all journal entries and account reconciliations conform to our internal control procedures and are updated on a timely basis
- Ensure compliance with corporate policies regarding general accounting, including adequacy of financial accruals and proper assessment of asset values
- Confirm monthly balances with intercompany partners. Perform monthly intercompany netting to ensure proper recording of transactions
- Promote “best practices” – suggest and drive improvements to existing processes
- Maintain, improve, and implement effective internal control processes
- Other miscellaneous projects and duties as assigned
Accounts Receivable and Collections
- Billing and ensuring proper revenue recognition on progress billing
- Assist with credit and collections activities; monitor aging of customer receivables; contact customers when invoices age beyond terms
- Monitor and adjust customer credit limits to mitigate risk associated with collectability of receivables
- Communicate with customers, customer service and shipping departments to respond to customer inquiries; research and resolve charge backs, returns, and bad checks
- Review bank statements daily and apply cash receipts
- Process new customer applications, perform credit checks, and establish customer terms and credit limits
- Process credits to customer accounts for return of goods and invoicing discrepancies
- Other miscellaneous duties as assigned
Accounts Payable
- Process supplier invoices (verifying unit costing, quantities, extensions and discounts), debit memos, check requests, credit memos and voided checks
- Assign general ledger accounts to service-type invoices, obtain approvals and process
- Analyze discrepancies between good receipts and invoices with the Shipping and Purchasing; resolve supplier and internal customer inquiries
- Monitor and self-assess, if necessary, sales tax on supplier invoices.
- Process weekly accounts payable check runs
- Process and wire foreign supplier payments through the Treasury department
- Clear intercompany balances monthly
- Review A/P trial balance for inaccuracies
- Reconcile monthly supplier statements
- Print and maintain accounts payable reports and journals
- Other miscellaneous duties as assigned
Required Qualifications:
- College degree or diploma in Accounting or Finance
- 3+ years of accounting experience preferred
Non-negotiable Hiring Criteria:
- Knowledge of commonly used accounting concepts, practices and procedures (including Sarbanes-Oxley and GAAP) required
- Ability to accurately process high volumes of work, prioritize duties, meet deadlines, and work independently while maintaining strong relationships with internal and external customers required
- Proven analytical and problem-solving skills
- Effective oral and written communication skills
- Ability to develop high levels of credibility and forge solid and positive professional relationships with all levels of the organization, including upper management
- Team-oriented focus with demonstrated leadership
- Desire to advance to a position of more responsibility within the Finance Department
- Ability to be flexible in scheduling based on business requirements (month-end close)
- Demonstrate Thermo Fisher Scientific values – Integrity, Intensity, Innovation and Involvement
- Advanced skills and experience in computerized accounting software systems including the three-way match process preferred
- Advanced skills in Microsoft Office preferred
