Divisional Controller
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Accounting/Auditing
The Divisional Controller will be a key member of the Finance leadership team supporting the $2B CMD division of Thermo Fisher Scientific. This position will be the chief technical accounting authority for the division involving high interaction with the Chief Accounting Officer of the Company. The Divisional Controller will drive financial compliance and control structure across the division’s 100+ locations while also serving as the site Controller for one of the division’s largest locations (Sunnyvale), directly overseeing a team of ~ 20 experienced accounting professionals.
Essential Duties and Responsibilities:
- Division-wide
Ensure accuracy / consistency of following thermo Fisher accounting policies.
Communicate and train staff on proper accounting policies and SOX procedure; serve as mentor for site controllers.
Coordinate global internal/external audit process for the division by ensuring adequate site readiness, proper identification and communication of final audit comments, and driving remediation of follow-up items.
Lead quarterly Balance Sheet reviews and develop peer audit review process.
Own quarterly Representation process and development of exception letter.
Ensure accuracy of supplemental / restructuring reporting.
Maintain Divisional Approval Authority Matrix and ensure compliance.
Provide independent financial oversight of key risk areas associated with Revenue Recognition
Assist the management team in evaluating accounting implications on proposed business transactions.
Coordinate consistency, best practices, and efficiencies between Financial Shared Services in North America and Europe.
- Local controllership for Sunnyvale site
Oversee accounting functions including the general ledger, purchase accounting, account reconciliations, accounts payable, accounts receivable, and payroll.
Implement effective processes to improve the monthly, quarterly, and annual close cycles to ensure accurate and timely reporting.
Implement, document and maintain adequate and effective internal controls.
Lead preparation of both internal and external audits; build relationships with audit teams.
Develop high-power, high impact team of future finance leaders.
Maintain in-depth relations with all members of local management team.
Other duties as assigned.
Knowledge, Skills and Abilities:
Superior problem solving, analytical, and decision making skills.
Proven management skills and ability to coach and develop accounting team and build relationships with diverse groups of people across the organization.
Flexibility and willingness to work with colleagues in different time zones worldwide.
Excellent verbal and written communication skills.
Financial audit experience in modern SOX environment.
Exposure to some of the Company’s key operational, analytic and financial reporting systems (SAP, Oracle, HFM).
Strong work ethic and require minimal direction.
Demonstrate Thermo Fisher Scientific values – Integrity, Intensity, Innovation and Involvement
Demonstrated Role Model Leader Characteristics:
Embody the 4-I values
Delight customers
Communicate openly and honestly
Focus on growth
Champion employee development
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