Thermo Fisher Scientific

Financial Analyst I

North Carolina, United States

Not SpecifiedCompensation
Entry Level & New GradExperience Level
Full TimeJob Type
UnknownVisa
Life Sciences, Healthcare, PharmaceuticalsIndustries

Position Overview

  • Location Type: Office
  • Job Type: Full time
  • Work Schedule: Standard (Mon-Fri)
  • Salary: Not specified

At Thermo Fisher Scientific, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life - enabling our customers to make the world healthier, cleaner and safer. We provide our teams with the resources needed to achieve individual career goals while taking science a step beyond through research, development and delivery of life-changing therapies. With clinical trials conducted in 100+ countries and ongoing development of novel frameworks for clinical research through our PPD clinical research portfolio, our work spans laboratory, digital and decentralized clinical trial services. Your determination to deliver quality and accuracy will improve health outcomes that people and communities depend on – now and in the future.

Summarized Purpose: Prepares accurate, transparent and timely financial reports and assists with financial analysis to support management in the decision-making process.

Essential Functions

  • Collects, analyzes and interprets financial and operating data for assigned business units.
  • Provides decision support to business management through the presentation of tools, models, data analysis, and dashboards. May assist in development and/or creation of these tools.
  • Prepares reports and analyses in support of monthly, quarterly and annual financial close processes and ongoing financial activities.
  • Serves as a finance business partner and prepares forecasts and budgets for assigned business units.
  • Performs variance analysis and investigates irregularities; makes recommendations to correct inaccuracies.

Job Complexity

Works on problems of limited scope. Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained.

Job Knowledge

Learns to use professional concepts. Applies company policies and procedures to resolve routine issues.

Supervision Received

Normally receives detailed instructions on all work.

Business Relationships

Contacts are primarily with the immediate supervisor and other personnel in the department. Builds stable working relationships internally.

Qualifications

Education and Experience:

  • Bachelor's degree or equivalent and relevant formal academic / vocational qualification.
  • Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 0 to 2 years).
  • In some cases, an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirements of the role.

Knowledge, Skills and Abilities:

  • Solid understanding of accounting/financial principles, and regulations/legal requirements.
  • Ability to function as an effective partner to internal clients.
  • Solid analytical thinking and quantitative skills and ability to handle data effectively.
  • Confidence to handle sensitive information and make sound recommendations.
  • Ability to coordinate multiple tasks while still delivering high-quality results.
  • Effective written and oral communication skills.
  • Strong organizational skills.
  • High level of proficiency in Microsoft Excel and PowerPoint for analysis and presentation of data.

Management Role

No management responsibility.

Working Conditions and Environment

  • Work is performed in an office environment with exposure to electrical office equipment.
  • Occasional drives to site locations with occasional travel both domestic and international.
  • Long, varied hours may be required.

Physical Requirements

  • Frequently stationary for 6-8 hours per day.
  • Repetitive hand movement of both hands with the ability to make fast, simple, repeated movements of the fingers, hands, and wrists.
  • Frequent mobility required.
  • Occasional crouching, stooping, bending and twisting of upper body and neck.
  • Light to moderate lifting and carrying (or otherwise).

Skills

Financial analysis
Financial reporting
Data interpretation
Forecasting
Budgeting
Variance analysis
Dashboard creation
Data modeling

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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