Director, Finance at Thermo Fisher Scientific

Greenville, North Carolina, United States

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

Requirements

  • Bachelor's Degree in Accounting, Finance, Economics, Business (CPA, Chartered Accountant, MBA or equivalent is a plus)
  • Manufacturing experience mandatory
  • 10+ years of dynamic meaningful work experience within a global organization
  • 7+ years of management experience
  • Expertise in operations accounting, financial reporting, internal control, financial planning and analysis, financial modeling, project management, and technical accounting knowledge within a P&L accountable business
  • Strong business and industry knowledge and partnership; history of developing and implementing robust financial processes to drive effective decisions
  • Ability to identify and champion productivity improvements and build an atmosphere of continuous improvement through PPI (Lean Operational Improvement)
  • Excellent written communication skills, along with clear & concise verbal skills; proven track record of acquiring consensus at the executive level
  • Ability to recruit, develop, and lead professional teams and provide constructive feedback through performance and development processes
  • Proven history of leading cross-functional / country teams and establishing relationships with customers, peers and operations partners across functions & geographies
  • Ability to balance multiple assignments, work flexible hours and cope with the complexity of tracking and balancing multiple, disparate moving parts
  • Excellent skills with (text cuts off, but implies proficiency in relevant tools/software)

Responsibilities

  • Support the General Manager & leadership team to set and deliver the business plan and meet key operating & financial goals
  • Lead the Annual Operating Plan process, Quarterly & Monthly Business Reviews and weekly forecasts in collaboration with the leadership team, Site GM, Business Segment Leaders, and finance managers
  • Ensure the site meets monthly corporate reporting targets and align with local accounting standards and US GAAP
  • Partner with colleagues within the BU and division to drive both functional and business operational improvements and efficiency projects
  • Provide performance reporting tools and metrics plus analysis and recommendations to operating management to optimize business results
  • Prepare and present analysis and authorization for significant capital investments
  • Partner with commercial colleagues to develop and model customer deals; drive and ensure contract compliance
  • Lead and drive the components of cash flow including capital, inventory, and accounts receivable
  • Develop analytical models and tools to drive growth initiatives and improve business decisions
  • Lead and mentor the local finance teams and operating partners to develop enhanced skills and business insight
  • Maintain strong internal controls to safeguard company assets

Skills

Key technologies and capabilities for this role

Financial PlanningForecastingBudgetingUS GAAPCorporate ReportingPerformance MetricsBusiness AnalysisStrategic PlanningOperational Improvements

Questions & Answers

Common questions about this position

What qualifications are required for the Director, Finance position?

A Bachelor's Degree in Accounting, Finance, Economics, or Business is required, with CPA, Chartered Accountant, or MBA as a plus. Manufacturing experience is mandatory, along with 10+ years of dynamic work experience in a global organization and 7+ years of management experience.

What expertise areas are needed for this role?

The candidate must demonstrate expertise in operations accounting, financial reporting, internal control, financial planning and analysis, financial modeling, project management, and technical accounting.

Is this a remote position, or does it require on-site work?

The position is based at the Greenville site and involves working closely with operations management there, indicating it is not remote. The environmental conditions are specified as Office with a First Shift (Days) schedule.

What does the finance team leadership involve?

The role includes leading and mentoring the local finance teams and operating partners to develop enhanced skills and business insight.

What makes a strong candidate for this Director, Finance role?

Strong candidates will have manufacturing experience, 10+ years in a global organization, 7+ years in management, and expertise in operations accounting, financial planning, modeling, and project 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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