Financial Analyst III at Thermo Fisher Scientific

Grand Island, New York, United States

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Life Sciences, Biotechnology, PharmaceuticalsIndustries

Requirements

  • BS degree in Finance or Accounting or Business-related field
  • 3+ years of relevant experience
  • Effective verbal and written communication skills, able to summarize and present information in a concise and effective manner
  • Attention to detail and consistently delivering high quality work
  • Ability to learn quickly, meet deadlines and multi-task in deadline driven environment
  • Good understanding of business processes and operations & financial controls, able to identify control weaknesses in existing process and recommend mitigation actions
  • Ability to manage multiple and competing priorities
  • Analysis and interpretation of data, including proficiency in Excel

Responsibilities

  • Work closely with key Operations business partners to identify and mitigate issues impeding the achievement of business goals
  • Assist with period-end manufacturing financial reporting, manufacturing variance forecasts including the liaison with business partner to assist them in meeting the spending forecast, business needs and critical issues
  • Support Sr Manager with data analysis on Plant Performance including monthly report outs to leadership – focus on scrap and excess and obsolescence
  • Assist in the preparation of monthly/quarterly financial forecast update and annual Operating (AOP) plans
  • Prepare Cost quotes on new products
  • Partner cross-functionally to provide financial guidance on Productivity improvement

Skills

Key technologies and capabilities for this role

Financial AnalysisFP&AForecastingBudgetingVariance AnalysisBusiness Partnering

Questions & Answers

Common questions about this position

What is the location for this Financial Analyst III position?

The position is located in Grand Island, NY.

What are the minimum education and experience requirements?

A BS degree in Finance or Accounting or Business-related field and 3+ years of relevant experience are required.

What key skills are needed for this role?

Effective verbal and written communication skills, ability to summarize and present information concisely, and attention to detail with high-quality work are essential.

What does the finance team structure look like for this position?

This is an individual contributor role with 0 direct reports, reporting to Margaret Dowd, Sr Finance Manager, as part of the BCD Finance/BPG team.

What experience stands out for applicants to this Financial Analyst III role?

Experience in manufacturing financial reporting, variance forecasts, data analysis on plant performance, financial forecasting, and partnering cross-functionally on productivity improvements will make a strong candidate.

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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