Senior Pricing Analyst at Thermo Fisher Scientific

Sofia, Sofia City Province, Bulgaria

Thermo Fisher Scientific Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Life Sciences, PharmaceuticalsIndustries

Requirements

  • Bachelor's Degree in Finance, Economics, Business, or another relevant background
  • At least 2 years of related work experience
  • Previous experience with quoting and knowledge of pricing within a related business or industry (at least 1 year)
  • Previous pricing experience and knowledge of the clinical trials' market is an advantage
  • High-level analytical capabilities
  • High proficiency in using MS Excel, MS PowerPoint, and Salesforce
  • Consistent track record of successful individual and team process improvement actions
  • Self-starter attitude with initiative and motivation to accomplish tasks independently
  • Outstanding communication and collaboration skills, and the capacity to prioritize multiple projects while working independently and across matrixed teams
  • Ability to formulate strategies that consider customer budgets, previous award behaviors, available competitor information, and competitor pricing strategies
  • Ability to present to senior managers concisely and accurately, providing them the information needed to make quick and informed decisions
  • Ability to review, understand, and edit complex legal documents, and interpret potential risks or impacts to deal financials or successful execution

Responsibilities

  • Coordinate, develop, and support global pricing strategy and implementation for PSG
  • Financial modeling of expectant volume gains, cash flows, and margin impact for various strategies and businesses
  • Develop future pricing strategy to better position our services to enable organic growth and margin expansion
  • Participate in the RFP process and develop accurate price grids for existing and new customers
  • Effectively communicate and train teams on any new pricing tools, formats, guidelines, policies, or strategies
  • Develop pricing models to reliably measure changes during dynamic customer negotiations
  • Work across cross-functional teams to develop strong pricing and negotiation strategies, protecting profitability while delivering value to our customers
  • Perform ad-hoc analyses and projects as assigned
  • Assist with analyzing profitability metrics and ensuring approval compliance

Skills

Financial Modeling
Pricing Strategy
Cash Flow Analysis
Margin Analysis
Deal Modeling
Pricing Negotiations
Data Analysis
Profitability Analysis

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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