Associate Finance Analyst (Time and Material) at Thermo Fisher Scientific

Sofia, Sofia City Province, Bulgaria

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Life Sciences, Biotechnology, Clinical ResearchIndustries

Requirements

Previous finance-related experience that provides the knowledge, skills, and abilities to perform the job (comparable to at least 2 years) or equivalent combination of education, training, & experience
Previous billing experience would be considered as an advantage
Bachelor degree in Finance/Accounting or similar would be an advantage
Understanding of general financial concepts in the area of accounting, billing and/or financial management
Good organizational and time management skills, plus high attention to details
Good written and oral communications skills
Ability to work with large set of financial data
Proficiency in Microsoft Office programs with an emphasis on Excel skills

Responsibilities

Assisting with the preparation of accurate and timely project financial analysis and reporting in support of financial and business objectives
Managing a portfolio of single service or single region projects
Initiating contract startup tasks: overview of the contract and the contractual obligations and data set-up in all appropriate systems
Managing daily contract deliverables and compliance tracking
Daily communications with cross-functional teams within the organization
Monthly billing activities for assigned portfolio
Monitoring and identifying issues related to contract modifications, contract values, and contract deliverables
Performing analysis of actual costs and revenue on monthly, quarterly, and annual bases
Quarterly unbilled reconciliations, close out of studies

Skills

Key technologies and capabilities for this role

financial analysisproject financial reportingcontract managementrevenue recognitionbillingdata setupfinancial project management

Questions & Answers

Common questions about this position

What experience is required for the Associate Finance Analyst role?

Previous finance-related experience comparable to at least 2 years or equivalent combination of education, training, and experience is required. Previous billing experience is considered an advantage, along with a Bachelor degree in Finance/Accounting or similar.

What are the key responsibilities of this position?

Responsibilities include initiating contract startup tasks, managing daily contract deliverables and compliance tracking, daily communications with cross-functional teams, monthly billing activities, monitoring contract issues, and performing analysis of costs and revenue on monthly, quarterly, and annual bases.

Is this a remote position or does it require office work?

The position is based in an office environment in Sofia as part of the Operations Finance Department.

What is the work schedule for this role?

It is a full-time position with a standard Monday-Friday work schedule.

What skills make a strong candidate for this role?

Strong candidates will have good organizational and time management skills, high attention to detail, good written and oral communication skills, and understanding of general financial concepts in accounting, billing, and financial management.

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters

1956Year Founded

$17MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.

Sale of anatomical pathology business could create a temporary product gap.

Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.

Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.

They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.

Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.

Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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