Thermo Fisher Scientific

Senior Cost Accounting Manager

Thermo Fisher Scientific$130K — $194K *
Pharmaceuticals & Biotech
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, or related field; CPA, CMA, MBA or Master's degree preferred.
  • 5-7 years of cost accounting experience, preferably in a global manufacturing environment.
  • Proven leadership skills in developing scalable processes and organizational structures in dynamic settings.
  • Strong analytical and problem-solving capabilities with a focus on continuous improvement.
  • Excellent communication skills with the ability to present financial data to executive leadership.
  • Demonstrated ability to work across global teams and diverse cultural environments.

Responsibilities

  • Lead the development and implementation of the global cost accounting strategy for the Filtration and Separation Division.
  • Design the future-state cost accounting organization with clear roles and governance structures.
  • Partner with teams across Finance, Operations, and IT to align processes with Thermo Fisher standards.
  • Drive the integration and standardization of costing and inventory accounting processes.
  • Implement a robust internal control framework for financial reporting and inventory accuracy.
  • Lead efforts to enhance product costing methodologies for better accuracy and business insights.
  • Build and lead a high-performing global cost accounting team while fostering a culture of accountability.

Benefits

  • A choice of national medical, dental, and vision plans, including health incentive programs.
  • Comprehensive employee assistance and family support programs, including commuter benefits and tuition reimbursement.
  • At least 120 hours of paid time off (PTO), 10 paid holidays, and paid parental leave options.
  • Retirement savings programs, including a competitive 401(k) plan.
  • Employees' Stock Purchase Plan (ESPP) for eligible colleagues purchasing company stock at a discount.
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

How will you make an impact?

As the Senior Cost Accounting Manager for the Filtration and Separation Division (FSD), you will play a pivotal leadership role in the integration of a newly acquired $1B business into Thermo Fisher Scientific. This is a unique opportunity to build and lead the future-state global cost accounting organization for a newly formed division while establishing the processes, controls, governance, and reporting framework necessary to support a world-class manufacturing and finance organization.

You will partner across Finance, Operations, Supply Chain, and IT to design and implement scalable cost accounting processes, strengthen inventory and manufacturing controls, and drive standardization across a complex global footprint. Your leadership will directly influence the operating model, control environment, and financial integrity of the FSD organization as it transitions from acquisition integration to long-term operational excellence.

What will you do?

Cost Accounting Leadership & Acquisition Integration

  • Lead the development and implementation of the global cost accounting strategy for the newly acquired Filtration and Separation Division.


  • Design and establish the future-state cost accounting organization, including roles, responsibilities, governance structures, and ownership models.


  • Partner with Integration Management, Finance, Operations, and IT teams to assess current-state processes and implement Thermo Fisher accounting standards and best practices.


  • Drive the integration of costing, inventory accounting, and financial reporting processes across acquired entities and manufacturing sites.


Controls, Compliance & Governance

  • Design and implement a robust internal control framework supporting inventory accounting, product costing, manufacturing accounting, and financial reporting.


  • Establish standardized policies, procedures, and governance structures to support a scalable and compliant global cost accounting organization.


  • Lead cycle count governance and inventory control initiatives across manufacturing sites to strengthen inventory accuracy and compliance.


  • Oversee statutory audit support activities and coordinate audit responses for U.S. and international entities.


  • Ensure compliance with U.S. GAAP, corporate accounting policies, and internal control requirements.


Cost Accounting & Inventory Management

  • Own global cost accounting and inventory accounting processes. Including inventory excess & obsolescence reserves, standard setting, physical inventory and audit support.


  • Lead annual cost roll activities, inventory revaluation analysis, labor and overhead rate calculations, purchase price updates, and capitalization assessments.


  • Oversee monthly CMV calculations, inventory closing and account reconciliation process, absorption analysis, and manufacturing performance metrics.


  • Evaluate and enhance product costing methodologies to improve accuracy, consistency, and business insight.


  • Ensure global data integrity within E1 costing systems and partner with IT to optimize costing and reporting capabilities.


Financial Leadership & Business Partnership

  • Lead monthly, quarterly, and annual close activities related to inventory and manufacturing accounting.


  • Partner with FSD Operations finance leader to build robust control environment, highlighting risks and opportunities for process improvement


  • Partner with site finance leaders and operational stakeholders to provide insights on manufacturing performance, inventory management, and cost improvement opportunities.


  • Prepare and present executive-level financial analyses and accounting positions.


  • Drive continuous improvement initiatives focused on automation, standardization, reporting efficiency, and process effectiveness.


Team Leadership

  • Build, develop, and lead a high-performing global cost accounting team.


  • Provide coaching, mentorship, and technical leadership while fostering a culture of accountability, continuous improvement, and operational excellence.


  • Lead organizational development efforts as the division transitions from acquisition integration to a mature operating model.


How will you get here?

Education

  • Bachelor's degree in Accounting, Finance, or related field, or the equivalent combination of education and experience.


  • CPA, CMA, MBA, or Master's degree preferred.


Knowledge, Skills & Abilities

  • Proven ability to lead through ambiguity and build scalable processes, controls, and organizational structures in a rapidly evolving environment.


  • Strong leadership skills with the ability to inspire change, influence stakeholders, and drive results across a global organization.


  • Ability to mentor, coach, and develop direct reports while building a high-performing, collaborative team culture.


  • Excellent communication and presentation skills with the ability to translate complex financial and operational information into clear business insights for executive leadership.


  • Strong business partnering capabilities with experience collaborating across Finance, Operations, Supply Chain, IT, Internal Audit, and senior leadership teams.


  • Excellent analytical, problem-solving, and project management skills with a continuous improvement mindset.


  • Ability to balance strategic initiatives with operational execution while managing multiple priorities in a fast-paced, dynamic environment.


  • Demonstrated ability to work effectively across global teams and navigate diverse cultural and organizational environments.


Compensation and Benefits
The salary range estimated for this position based in Massachusetts is $130,000.00-$194,950.00.

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

About Thermo Fisher Scientific

Thermo Fisher Scientific Careers

Join the vibrant team at Thermo Fisher Scientific, a global leader in serving science and making the world healthier, cleaner, and safer. With a workforce of over 75,000 professionals, Thermo Fisher Scientific offers unparalleled job opportunities and a culture of innovation that propels your career to new heights. Work You’ll Do At Thermo Fisher Scientific, you will be part of a team that is dedicated to enabling our customers to make the world healthier. Whether you are involved in the development of life-saving drugs or innovative environmental solutions, your work will have a profound impact on society. Our commitment to leadership in the industry is unwavering. With Thermo Fisher Scientific, you will lead projects that set standards in scientific inquiry and market leadership. You will work at the intersection of science, technology, and industry expertise, driving digital innovation in every aspect of our business. Join our diverse team of professionals and engage in roles that span across various functions and disciplines. From research and development to marketing and sales, the breadth of job opportunities available means that you can find the perfect match for your skills and passions. Innovative Work As part of our team, you will have access to cutting-edge tools and technologies that foster creativity and innovation. Thermo Fisher Scientific is home to a dynamic range of career paths, all designed to challenge you and help you grow as a professional. Our employment philosophy emphasizes diversity and inclusivity, ensuring that all team members have the opportunity to thrive. We believe in nurturing talent through robust training programs, leadership development, and opportunities for career advancement. Be Part of a Great Team Working at Thermo Fisher Scientific means being part of a global network of enthusiastic, talented, and ambitious individuals. Our culture is built on collaboration, where each member’s unique skills and perspectives are valued. You will enjoy benefits that support both your professional growth and personal well-being. Future-Proof Your Career Embark on a journey of growth and continuous learning with Thermo Fisher Scientific. We offer a variety of training and development programs that cater to your interests and career goals. From internships for budding scientists to leadership training for aspiring executives, our programs are designed to equip you with the skills needed for a successful and fulfilling career. Explore Discover how our commitment to innovation leads to advancements in health and science: [Read More] Learn about our leadership in environmental sustainability and how you can contribute: [Read More] The Thermo Fisher Scientific Difference Our global presence and commitment to innovation mean that your work extends beyond borders and makes a tangible impact worldwide. The collaboration between our teams drives our leadership in the scientific community and contributes to a culture that embraces diversity and fosters professional growth. Stay Connected Join Our Team Search open positions that match your skills and interest. We are always on the lookout for passionate, curious, and driven team players. Explore our job opportunities and find out how you can contribute to our meaningful work. SEARCH THERMO FISHER SCIENTIFIC JOBS Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Thermo Fisher Scientific.
Learn more about Thermo Fisher Scientific
Size
130,000 employees
Market Cap
$213.3 billion
Industry
Net Income
$6.3 billion
Founded
1956
5 Year Trend
+16.5%
Revenue
$32.2 billion
NASDAQ

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