Finance Manager at Thermo Fisher Scientific

Plainville, Massachusetts, United States

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Life Sciences, PharmaceuticalsIndustries

Requirements

  • Bachelor's degree or equivalent and relevant formal academic/vocational qualification with an emphasis in Business, Finance or Accounting (desired)
  • 5+ years’ experience of business, accounting, and/or finance experience (required)
  • Prior experience in a manufacturing environment (strongly preferred)
  • Prior experience within a global business and a matrixed organization (preferred)
  • Prior experience explaining financial data to a non-financial audience (preferred)
  • Prior experience with continuous improvement systems (PPI/Lean/Six Sigma) (a plus)
  • Strong financial skills and the ability to communicate financials adroitly
  • Professional proficiency in English language, both spoken and written
  • Knowledgeable in SAP, HFM/Hyperion, and Microsoft Office (Word, Excel, PowerPoint, PowerBI) (strongly preferred)
  • Prior experience working with SQL and/or Python (a plus, but not required)
  • Capable of making sharp logical conclusions, spotting trends, clarifying variances, and implementing operational improvements
  • Self-motivated and entrepreneurial problem solver with excellent financial savvy and drive
  • Partner effectively with a globally diverse set of collaborators
  • Continuous improvement mentality and focus, with an ability to track productivity projects across the site through a financial lens

Responsibilities

  • Develop, standardize, and improve regular analyses and reports to share business and financial insights for the Viral Vector Services (VVS) business via ERP systems, dashboards and other business intelligence tools
  • Collaborate with the Supply Chain and operations teams to support in a multitude of areas such as inventory management, spend analysis, customer reconciliations and other ad-hoc requests
  • Lead in the review and calculation of cost savings initiatives developed by various functional teams (Facilities, Manufacturing, Engineering) and assist in the tracking of inventory related flux and spend
  • Support in month-end and quarter-end activities to analyze transactional and operational data, identify anomalies, and prepare journal entries to ensure accurate financial reporting
  • Independently investigate data issues and/or information given, ask pertinent questions and identify root causes, and collaborate with functional business partners
  • Collaborate with business partners to generate key assumptions and drivers for decision support, independently conduct ad hoc data analysis to identify business insights and observations
  • Support in the development and refinement of the annual operating plan (AOP), and other short and long-term financial packages for the Plainville site and the VVS Business Unit

Skills

Financial Analysis
ERP Systems
Dashboards
Business Intelligence
Inventory Management
Spend Analysis
Cost Savings
Month-End Close
Journal Entries
Data Analysis

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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