Senior Operations Finance Analyst - Global Central Labs

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

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.

Summarized Purpose:

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

Key responsibilities:

• Develop, standardize, and improve regular analyses and reports to share business and financial insights, and support monthly /quarterly /annual forecasting and budgeting process (i.e. support MBR, QBR, AOP, etc.)
• Translate business inputs into financial assumptions, build and maintain forecast models to project future business trends, results, etc. covering areas including revenue, new product launch, pricing, operating expense, CAPEX etc.
• Analyze and identify P&L drivers to help with risk and opportunities.
• Performs variance analysis for assigned projects, accurate project budgets; and/or performs regular forecasting and analysis of revenues and costs by project, departmental, regional, or company level; and/or creates trackers, financial tools, dashboards and provides technical solutions by manipulating large datasets and compiling data.
• Provides financial guidance to operations management and other staff.
• Leads and participates in the analysis of cost assignments, ensuring all assigned projects carry out to accepted cost accounting standards.
• Analyze transactional / operational data, identify anomalies, recommend accruals / reversals to ensure accurate reporting
• Tracks, maintains and/or interpret 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.
• Provides decision-making support to 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.
• Build and update dashboards, PowerPoint and other business intelligence tools by data-mining in various systems
• Independently investigate data issues and/or information given, ask pertinent questions and identify root causes, collaborate with functional business partners and system support to improve data quality
• Proactively learn and adopt new systems and tools to improve analytics capability and accuracy
• Serves as a mentor and lead for team members.
• Makes recommendations for process improvements and participates in special projects as assigned.

Keys to Success

Education and Experience:

• Bachelor's degree or equivalent and relevant formal academic / vocational qualification
• Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 5+ years).

In some cases an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirements of the role.

Knowledge, Skills and Abilities:

• Project leadership and consultancy skills with ability to function as an effective and respected partner to internal clients
• Sophisticated knowledge of accounting/financial principles and standard processes, for roles with more accounting focus a professional accounting qualification – ACCA / CPA / CIMA or equivalent will be an advantage
• Ability to apply sophisticated knowledge, skills, and expertise