Operations Finance Analyst I

About Thermo Fisher Scientific

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.

Employment Type: Full time Work Schedule: Standard (Mon-Fri) Environmental Conditions: Office Position Start Date: Monday, October 20th Location: Fully remote, with preference given to candidates willing and able to work Eastern Standard Time (EST).

Job Summary

Contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting. Works cross-functionally with operations, commercial finance, and finance to resolve issues related to any of the following: revenue, costs, contract values, billing, balance sheet management, financial reporting, financial tools and processes.

Essential Functions

• Administers the daily financial management of a moderately complex project portfolio and/or special assignments.
• Identifies and resolves issues related to contract modifications, contract values, and contract deliverables.
• Performs analysis of budget to actual data on monthly, quarterly, and annual bases and for revenue calculations and forecasting; and/or prepares payment schedules/invoice back-ups and/or process invoices maintaining cash neutrality; and/or performs regular reconciliations and analysis of revenues and billing on a project and company level; and/or creates trackers, financial tools, dashboards and provides technical solutions by manipulating large datasets and compiling data.
• Analyzes cost assignments, ensuring that all assigned projects adhere to accepted cost accounting standards.
• Coordinates and supervises deliverables of assigned projects and manages outcomes to corporate targets.
• Tracks, maintains and/or interprets project information and budgets within the project accounting system; and/or takes part in reviewing and development of financial reports, tools, systems, policies and processes in support of financial management process and improved efficiency.
• Coordinates with other staff to ensure sponsors are invoiced in a timely and accurate manner, all amounts are collected, any remaining final balances are appropriately cleared; and/or the agreed financial processes are followed and regularly reviewed for further automation and optimization.
• Supports management in assessing and minimizing the risk on revenue and gross profit and/or balances associated with assigned balance sheet accounts and/or financial processes and tools.
• Interacts with leadership through the presentation of database extracts and datasets, tools, models, data analysis, and dashboards.
• Serves as a mentor and lead for team members.

Job Complexity

Works on problems of moderate scope where analysis of situations or data requires a review of different factors.

Job Knowledge

Developing professional expertise, applies company policies and procedures to resolve issues.

Supervision

Normally receives general instructions on routine work, detailed instructions on new received projects or assignments. Exercises judgement within defined procedures and practices to determine appropriate action.

Business Relationships

Contacts are primarily internal to the company.