Director - Commercial Finance at Thermo Fisher Scientific

Waltham, Massachusetts, United States

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Life Sciences, Pharmaceuticals, BiotechnologyIndustries

Requirements

  • Bachelor’s degree or equivalent experience in a Science, Technology, Engineering, Mathematics, or Finance field
  • 10+ years of relevant working experience
  • Significant experience leading commercial finance or FP&A teams with strong financial acuity
  • Excellent communication and presentation skills to optimally communicate complex topics, navigate ambiguity, and influence through recommendations
  • Ability to articulate and demonstrate knowledge of key profit drivers for the business; understand market forces and their impact on future business prospects
  • Ability to challenge assumptions and identify value creation opportunities
  • Effective communication abilities and experience within a matrixed working environment
  • Continuous Improvement: Identify process and control gaps and champion improvement initiatives through Practical Process Improvement (PPI)
  • Exhibit leadership, initiative, and the Thermo Fisher Scientific 4-I values of Integrity, Intensity, Innovation, and Involvement
  • Approximately 10-20% travel (less than 25% domestic/international travel required)

Responsibilities

  • Provide the financial leadership required to define, plan and successfully implement the commercial strategy
  • Partner with the Commercial leaders to challenge and guide the best allocation of available resources, encouraging the adoption of a process improvement approach
  • Be a trusted business partner by crafting commercial and impactful solutions and providing challenge and valuable insight
  • Translate financial and non-financial revenue and marketing metrics into meaningful operating plans to support commercial leaders in driving the business forward
  • Review large and complex commercial proposals and assess commercial risk
  • Drive the future of analytics and associated organizational change within the commercial and finance teams, through storytelling with data, automation, and dashboards
  • Lead on change needed to best support the commercial organization (go to market, integrations, channel expansions)
  • Lead, develop, and encourage your team to meet the business and finance objectives

Skills

Budgeting
Forecasting
Financial Analysis
Commercial Strategy
Resource Allocation
Process Improvement
Revenue Metrics
Marketing Metrics
Risk Assessment
Financial Oversight
Business Partnering

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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