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Intercompany Accountant

AT Thermo Fisher Scientific
Thermo Fisher Scientific

Intercompany Accountant

Budapest, Hungary

Work Schedule
Standard (Mon-Fri)

Environmental Conditions
Office

Job Description

About Thermo Fisher Scientific:

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of $22 billion. Each one of our 70,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission-enabling our customers to make the world healthier, cleaner and safer.

When you're part of the team at Thermo Fisher Scientific, you'll do important work, like helping customers in finding cures for cancer, protecting the environment or making sure our food is safe. Your work will have real-world impact, and you'll be supported in achieving your career goals.

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Job Title: Accountant ICO

Reports to: Manager IC

Group / Division: Global Business Services

Career Band: 4

Position Location:

Position Summary:

Due to expansion we have an excellent opportunity for an individual to join our Intercompany Team based in Budapest. This is an exciting opportunity to work in an expanding Global Business Service in an organization considered a global leader in its field which offers great career development and opportunities.

The Centre provides financial partnership in the EMEA region for two of the Thermo Fisher Scientific groups. We are responsible for a large number of entities within that portfolio and work to strict corporate deadlines.

Key Responsibilities:

  • Proven ownership and control after transition period over the entities' intercompany portion and/or processes in scope, which includes trackable improvement in backlog or providing constant good quality
  • Processing Intercompany recharges in a timely and accurate manner resolving any issues.
  • Review and clear aged intercompany AR items.
  • Agree intercompany AR balances with appropriate counterparty for month-end close.
  • Book and follow-up month-end adjustments as required to reconcile intercompany relationships as per the ICO Policy
  • Processing Intercompany invoices in a timely and accurate manner resolving any issues.
  • Process intercompany netting payments and allocate any payments/receipts on a monthly basis.
  • Monthly analysis and open item resolution of GRIR/GRNI accounts
  • Perform balance sheet account reconciliations for accounts within the roles remit, research and resolve any reconciling items on a monthly basis.
  • Assist Sarbanes-Oxley team with walkthrough and control testing performance and coordination.
  • Assist with requests from external and internal auditors as well as various groups companywide.
  • Complete special projects as requested.

Skills Required:

  • Highly motivated and detail-oriented individual with excellent communication, computer and organizational skills.
  • Ability to prioritize and follow through in a fast-paced, multitask environment.
  • Excellent attention to detail as accuracy is required in performing all aspects of the role
  • Proficient in MS Excel.
  • Ability to work well under time constraints.
  • High level of proactivity to drive continuous improvement.
  • Proficient in English.
  • Demonstrate Thermo Fisher Scientific values - Integrity, Intensity, Innovation and Involvement.

Education and Experience:

  • University or College Degree in Finance field.
  • Experience of high volume intercompany or Accounts Payable environment.
  • 1 to 3 years previous experience in a large-scale organization would be beneficial.
  • Working knowledge of ERPs (E1 or SAP) (Desired but not essential)!

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.

Client-provided location(s): Budapest, Hungary
Job ID: ThermoFisher-R-01289193-1
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • FSA
    • HSA
    • HSA With Employer Contribution
    • Mental Health Benefits
    • Fitness Subsidies
  • Parental Benefits

    • Adoption Leave
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
  • Work Flexibility

    • Flexible Work Hours
    • Hybrid Work Opportunities
    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • On-Site Cafeteria
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Financial Counseling
    • Performance Bonus
  • Professional Development

    • Tuition Reimbursement
    • Access to Online Courses
    • Internship Program
    • Mentor Program
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program