Thermo Fisher Scientific

Supervisor, Accounts Receivable

Thermo Fisher Scientific • $69K — $104K *
Ottawa, ON K1G 3J6In-Person
Finance & Insurance
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance or related field.
  • 5 years of experience in accounts receivable, credit, or collections.
  • 2 years of team leadership experience.
  • Proficient in Microsoft Office, especially Excel, and ERP systems like SAP.
  • Demonstrated experience in process improvement projects.

Responsibilities

  • Supervise the Accounts Receivable team and oversee staff development.
  • Prepare and deliver timely statistics and compliance reports.
  • Train and guide staff to ensure timely and accurate work outputs.
  • Drive the team toward achieving cash targets and other key metrics.
  • Ensure all transactions comply with company's credit policies and proper revenue recognition.
  • Conduct monthly and quarterly balance sheet reconciliations and financial reporting.
  • Collaborate cross-functionally to resolve discrepancies on accounts receivable.

Benefits

  • Standard Monday to Friday work schedule.
  • Office-based work environment.
  • Opportunities for career advancement and personal development.
  • Participation in finance projects to drive performance improvements.
  • Less than 10% travel required.
Full Job Description
Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

How you will make an impact:

Seeking an Accounts Receivable Supervisor who will be responsible for the Accounts Receivable group. In addition, they will find opportunities to optimize processes and eliminate process inefficiencies and redundancies.

They will ensure there is documentation of workflow and work instructions of the process. Review policies and procedures to implement standard methodologies and improve internal control safeguards and SOX compliance.

What you will do:
• This position has supervisory/administrative responsibility for development of staff members, including hiring, performance development and annual review, disciplinary actions, mentor and counseling, personal development and career advancement & succession planning
• Prepares and supervises all statistics and reporting and ensures timely and accurate compliance with schedules and metrics
• Provides daily interaction, training, direction and oversight of staff activities to ensure coordination, accuracy and timely delivery of work outputs
• Supervise team members to maximize success in achieving team goals for Cash targets, DSO and any other metrics
• Perform Accounts Receivables duties in line with the company's credit policies and procedures
• Work closely with key partners to drive proper revenue recognition by ensuring that transactions are accurately recorded in accordance with policies in the accurate accounting periods
• Review monthly and quarterly balance sheet reconciliations, and financial reporting packages
• Work cross-functionally with FP&A, Commercial and Customer Services teams to resolve any outstanding discrepancies on AR
• Participate in trainings to engage non-finance teams in finance related compliance and processes
• Assist in establishing and maintaining appropriate internal controls to ensure 100% SOX compliance
• Participate in various finance projects and initiatives to drive improvements in execution

How you will get here:

Requirements
• Bachelor's Degree plus 5 years of experience in accounts receivable, credit, or collections
• Minimum of 2 years in team leadership roles

Knowledge, Skills, Abilities
• Good knowledge in Microsoft Office suite, especially in MS Word and Excel, and in ERP systems (i.e. SAP)
• Effective training skills and team building capabilities for rapid ramp-up of functional tasks within area of responsibility
• Shown leadership skills; strong oral and written communication, presentation and conflict resolution
• Experience leading continuous process improvement projects leading to significant time or bottom line savings
• Effective written and verbal communication skills, ability to work with all levels of management, tailoring message appropriately for recipients
• Ability to develop professional relationships with peers and upper management
• Demonstrate basic visualization communication methods for leaders
• Communicate analysis and recommendations in concise informative manner
• Demonstrate an understanding of the flow of information and materials through the organization
• Takes advantage of opportunities to learn about business strategy and goals through business relationships
• Questions status quo and looks for opportunities for improvement

Travel Requirements
• Less than 10%

Compensation
The estimated annualized pay range for this position in Ontario is $69,400.00-$104,000.00.

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
Pharmaceuticals & Biotech
Net Income
$6.3 billion
Founded
1956
5 Year Trend
+16.5%
Revenue
$32.2 billion
NASDAQ
TMO
* Ladders Estimates

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