Job Title: Operations Finance Analyst I or II
Position Overview
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.
This role contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting. The analyst will work cross-functionally with operations, commercial finance, and finance to resolve issues related to revenue, costs, contract values, billing, balance sheet management, financial reporting, and financial tools and processes.
We are currently hiring for Operations Finance Analyst I or Operations Finance Analyst II candidates. Job leveling (I or II) will be determined based on qualifications and experience.
Employment Type
Work Schedule
Location Type
- Fully remote for candidates based in the United States.
- Strong preference for candidates located on the East Coast in the EST time zone.
Environmental Conditions
Responsibilities
- Administers the daily financial management of project portfolio and/or special assignments.
- Identifies 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.
- Prepares payment schedules/invoice back-ups and/or processes invoices maintaining cash neutrality.
- Performs regular reconciliations and analysis of revenues and billing on a project and company level.
- 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.
- Participates in reviewing and developing financial reports, tools, systems, policies, and processes in support of financial management and improved efficiency.
- Coordinates with other staff to ensure sponsors are invoiced in a timely and accurate manner, all amounts are collected, remaining final balances are appropriately cleared, and agreed financial processes are followed.
- Supports management in assessing and minimizing 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.
Qualifications
Education and Experience
- All levels: Bachelor's degree or equivalent and relevant formal academic/vocational qualification in the clinical/medical field.
- Operations Finance Analyst I (Level I): Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 0 to 2 years).
- Operations Finance Analyst II (Level II): Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 2+ years).
- In some cases, an equivalency consisting of a combination of appropriate education, training, and/or directly relevant experience may be considered.
Salary
- Information not provided in the original description.
Company Information
- Thermo Fisher Scientific
- Mission: Enabling customers to make the world healthier, cleaner and safer.
- Focus: Clinical trials conducted in 100+ countries, novel frameworks for clinical research, PPD clinical research portfolio, laboratory, digital, and decentralized clinical trial services.