Director - Commercial Finance at Thermo Fisher Scientific

Waltham, Massachusetts, United States

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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

Key technologies and capabilities for this role

BudgetingForecastingFinancial AnalysisCommercial StrategyResource AllocationProcess ImprovementRevenue MetricsMarketing MetricsRisk AssessmentFinancial OversightBusiness Partnering

Questions & Answers

Common questions about this position

What is the location for this Director - Commercial Finance role?

The position is based in Waltham, MA.

What education and experience are required for this position?

A Bachelor’s degree or equivalent experience in a Science, Technology, Engineering, Mathematics, or Finance field is required, along with 10+ years of relevant working experience.

What key skills are needed for the Commercial Finance Director role?

Candidates need significant experience leading commercial finance or FP&A teams with strong financial acuity, excellent communication and presentation skills, and the ability to articulate knowledge of key profit drivers and market forces.

What does the team structure look like for this role?

The role involves leading a team in developing commercial success and encouraging your team to meet business and finance objectives.

What makes a strong candidate for this Director position?

Strong candidates have 10+ years of experience leading commercial finance teams, excellent communication skills to influence leaders, and the ability to challenge assumptions and drive value creation through financial insight.

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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