Financial Business Lead

Company Description

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins works with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.

Eurofins is the global leader in food, environment, pharmaceutical and cosmetic product testing and in agroscience Contract Research Organisation services. Eurofins is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. The Group also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

In over just 30 years, Eurofins has grown from one laboratory in Nantes, France to 55,000 staff across a decentralised and entrepreneurial network of 900 laboratories in over 50 countries. Eurofins offers a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.

Job Description

The Financial Analyst will take ownership of the financial health of our organization, working directly with senior management to analyze key metrics, develop robust financial models, and create strategies that drive sustainable growth. This role requires a proactive, solution-oriented mindset and the ability to build and manage a structured collections process to ensure timely payment from our clients.

Key Responsibilities:

• Financial Reporting & Analysis:
  • Prepare, review, and analyze monthly, quarterly, and annual financial statements (P&L, balance sheet, cash flow) for accuracy and insights.
  • Generate regular reporting on operational and financial KPIs, highlighting trends and opportunities for improvement.
  • Conduct variance analysis to identify deviations from budgets and forecasts; propose corrective measures.
• Budgeting & Forecasting:
  • Lead the annual budgeting process, working with department heads to develop realistic, data-driven budgets and ensure alignment with strategic goals.
  • Build and maintain financial models to project cash flow, revenue, and profitability; monitor performance against these forecasts.
• Business Partnering & Strategic Support:
  • Collaborate across business segments and functions to provide financial guidance on key business decisions and initiatives.
  • Build relationships across centralized functions and group accounting to ensure proper reporting and financial management
  • Perform in-depth profitability and cost analyses to identify cost savings, process improvements, and investment opportunities.
  • Present findings and recommendations to executive leadership, contributing to long-term strategic planning.
• Manage payables:
  • Ensure invoices are applied correctly and in a timely manner.
  • Ensure proper coding, working closely with those putting in POs.
• Collections & Receivables Management:
  • Develop and implement a structured collections process to ensure timely invoicing and payment from clients.
  • Monitor accounts receivable aging and proactively address outstanding balances; work closely with internal stakeholders and clients to resolve billing discrepancies.
  • Track and report on cash flow impacts related to outstanding invoices and develop strategies to mitigate risks.
• Process Improvement & Policy Development:
  • Identify and recommend process improvements in financial operations, including billing, collections, and reporting to improve efficiency and accuracy.
  • Ensure compliance with relevant accounting standards and company policies; recommend and implement internal controls where needed.
• Ad Hoc Projects & Leadership:
  • Support special projects such as financial system implementations, mergers/acquisitions, or cost optimization initiatives.

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA/CMA preferred.
• Experience: 4-6+ years of progressive experience in financial analysis, budgeting, forecasting, and/or accounting. Experience in a client services or laboratory environm