Thermo Fisher Scientific · 19 hours ago
Fixed Asset Senior Accountant
Minneapolis, MN
Full-time
Onsite
Mid, Senior Level
$94K/yr - $141K/yr
4+ years expThermo Fisher Scientific is dedicated to supporting customers in making the world healthier, cleaner, and safer. The Senior Accountant - Fixed Asset role focuses on fixed asset accounting and reporting for the Filtration and Separation division, aiming to enhance processes and ensure financial oversight across the company.
Research
Responsibilities
Provide technical guidance to accounting teams and financial partners on fixed asset qualifications, capitalization criteria, and useful life determinations
Maintain up-to-date knowledge of accounting standards relevant to fixed assets (e.g., ASC 360, IAS 16)
Review and approve capital acquisition requests from business partners, ensuring adherence to approval limits and capital policies
Monitor and reconcile construction-in-progress (CIP) accounts, ensuring timely capitalization of completed assets
Coordinate and review depreciation accruals, impairment assessments, and adjustments for delayed capitalizations
Partner with FP&A, Operations, and Project Management teams to review project spending, validate CIP balances, and ensure accuracy of capitalized costs
Lead the improvement of current fixed asset accounting and reporting processes
Assist with property tax reporting and other various compliance reporting
Ensure adherence to internal control requirements under SOX and Thermo Fisher's global accounting policies
Design the physical inventory counts and the labeling of fixed assets
Support internal and external audits by providing detailed schedules and documentation
Qualification
Required
A Bachelor's Degree is required, ideally in Finance or Accounting
Candidates should have 4 to 6 years of accounting experience
At least 2 of those years must focus on fixed asset accounting
Preferred
Experience in manufacturing or industries with significant capital investment is highly advantageous
Experience operating within a large ERP system environment (e.g., Oracle, SAP, NetSuite)
Benefits
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
Company
Thermo Fisher Scientific
The world leader in serving science To serve science, Thermo Fisher Scientific needs to stay ahead of it, we need to anticipate customer needs.
10001+ employees
H1B Sponsorship
Thermo Fisher Scientific has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (272)
2024 (224)
2023 (233)
2022 (342)
2021 (315)
2020 (227)
Funding
Current Stage
Late StageLeadership Team
Heather Stewart
HR Business Partner - Global Enterprise Services
Laura Green
Associate Human Resources Business Partner
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