Thermo Fisher Scientific

Operations Finance Analyst I

North Carolina, United States

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Biotechnology, Pharmaceuticals, Life SciencesIndustries

Requirements

Candidates should possess a Bachelor's degree and developing professional expertise in financial analysis and reporting. Experience with financial management of project portfolios, contract modifications, budget-to-actual analysis, revenue calculations, forecasting, payment schedules, invoice processing, reconciliations, cost accounting standards, and financial reporting tools is required. Familiarity with corporate financial management processes, risk assessment, and data analysis is also necessary. Preference will be given to candidates located in the Eastern Standard Timezone (EST).

Responsibilities

The Operations Finance Analyst I will administer daily financial management for moderately complex project portfolios and special assignments. Responsibilities include identifying and resolving issues related to contract modifications, values, and deliverables. The role involves performing analysis of budget-to-actual data, revenue calculations, and forecasting; preparing payment schedules and processing invoices; conducting reconciliations of revenues and billing; creating financial tools and dashboards; analyzing cost assignments to ensure adherence to cost accounting standards; coordinating and supervising project deliverables; tracking and interpreting project information and budgets; reviewing and developing financial reports, tools, systems, policies, and processes; coordinating with staff to ensure timely and accurate invoicing and collection of payments; supporting management in assessing and minimizing revenue and gross profit risks; and interacting with leadership through presentations of data analysis and models. Additionally, the analyst will serve as a mentor and lead for team members.

Skills

Financial Analysis
Financial Reporting
Budgeting
Forecasting
Revenue Calculation
Billing
Contract Management
Reconciliation
Problem-Solving

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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