Job Description

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. For more information, please visit www.thermofisher.com

Job Description

Job Title: PT P Analyst I - Accounting

Job Code: FNC.APAY.A04

Salary Band: 4

Job Track: Professional

Location: Budapest, Hungary

Direct Reports: No

Position Sum m ary:

The Accounting role is part of Global Business Services Procure to Payt (P2P). This position is responsible for doing the analysis of the main Accounts Payable Accounts, such as AP Trade, GR/IR, Cash and other AP related accounts that belong to the different Thermo Fisher legal entities. It is expected to demonstrate knowledge of the whole P2P end-to-end process with extreme focus on root cause analysis and resolution on the aged balances towards having healthy trends on the accounts.

This role is predominantly analytical, requires specialized training and involves the frequent exercise of discretion and judgment. Knowledge is generally acquired through an extended course of study and/or specialization through accumulated years of work experience, in accounting, finance or procurement. In this role the individual also applies professional knowledge to synthesize information and draw conclusions. This role also provides support to the Team Lead on daily tasks.

Main Responsibilities

• Maintains accounts for complex corporate clients globally, based on categories and service level established by Thermo Fisher Scientific.

• Provides customer service by answering and resolving customer disputes and ad-hoc questions that require complex investigation; collaborates by escalating inquiries and provides updates to leaders; proceeds with negotiation and dispute resolution; Educates business partners on best practices to drive compliance across the organization.

• Supports the troubleshooting and customer service processes for P2P; ensures that AP Accounts Balances are reviewed and actioned in accordance with policies and procedures; maintains data tracking logs for metrics, production and compliance reporting; validation of accuracy of supporting documentation used in exceptions; allocates income or expenses when processing documents; validation and recording of transactions in subsidiary books; enters journal entries; compares data from various sources with recorded transactions for processing; identification of items (e.g., documents, claims, receipts) to escalate; and verify customer information (e.g. name, supplier number) in systems.

• Contributes to quality control by reviewing documentation for accuracy and compliance with policies and procedures, adheres to legal and regulatory requirements to ensure compliance; Notifies management of quality issues or concerns by identifying data trends and system and process issues, and communicating to stakeholders; shares process improvement suggestions; and performs quality controls on processed documents.

• Completes assigned work and priorities using policies, data, and resources; collaborating with managers, co-workers, internal clients, and others involved in the processes.

• Complies with company policies, procedures and standards of ethics and integrity by implementing related action plans; using the open-door policy; and applies them in the execution of processes.

• Maintains involvement and communication through telephone, email, chat, or any other means with internal and external clients involved in the processes.

• Supports the internal and external audit process, maintaining controls of complete and correct operating procedures, and providing the requested information.

• Identifies opportunities for optimization and continuous improvement of processes related to the department, to establish new strategies and apply best practices.

• Provides support and makes any other request that is required by the company's needs.May perform other related/ad hoc tasks/report requests as required and/or assigned.

Basic Requirements

• Professional Technician or university high school student in Accounting, Finance or Business Administration.

• 4+ years of experience in accounts payable, accounting or finance

• Shared Service Centers experience is desirable.

• Proficiency in English: B2+ English Level.

• Basic AP Terminology knowledge in German, Swedish, Spanish, Italian, Portuguese,Dutch, French.

• MS Office: Word, Power Point, Outlook - Excel intermediate/Advanced

• ERPs (Enterprise Resource Planning) experience (Oracle, SAP, JD Edwards, Mainframe).

• Experience using other financial tools is desirable.

Competenci e s

• Put the customer first.

• Own your results.

• Find a better way every day.

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.