Operations Finance Analyst III

Work Schedule

Environmental Conditions

Job Description

As a member of the Operations Finance team you will partner with Manufacturing Supply Chain Engineering and other Operations teams within the Niche Diagnostics business unit. You will use financial data and analysis to help these teams understand factory performance manage costs and identify opportunities to improve financial results.

In this role you will develop your knowledge of manufacturing finance while supporting areas such as standard costs inventory labor and material costs production performance and manufacturing variances. You will prepare and analyze spending and cost reports explain key drivers of financial performance and work with Finance and Operations colleagues to support achievement of business targets.

This is an excellent opportunity for a finance professional who enjoys learning how a business operates working with cross-functional teams and turning financial data into useful insights and recommendations.

• Support budgeting forecasting Monthly and Quarterly Business Reviews and long-term financial planning with a focus on revenue margin and operational performance.
• Support and coordinate monthly close activities related to manufacturing including inventory cost of goods sold manufacturing variances accruals and balance sheet reconciliations.
• Analyze manufacturing cost variances including purchase price material usage labor overhead scrap and yield. Work with Operations and Finance partners to understand the causes of variances and identify opportunities for improvement.
• Support accurate inventory valuation and coordinate cycle counts and fixed asset counts.
• Review and validate financial savings from Practical Process Improvement (PPI) sourcing and labor-efficiency initiatives.
• Partner with colleagues across Operations Supply Chain Product Management and other functions to provide financial analysis modeling and recommendations that support business objectives.
• Prepare return-on-investment analyses financial scenarios and models to support business decisions and investment opportunities.
• Provide timely accurate and useful financial reporting and analysis to Finance and business partners.
• Support improvements to financial data reporting and systems that help teams make informed decisions.
• Identify opportunities to simplify and automate financial processes and improve the quality and efficiency of reporting and analysis.
• Build collaborative relationships with the Clinical Diagnostics Division FP&A and Systems teams to support consistent and accurate financial reporting.
• Support special projects and perform ad-hoc financial analysis as business needs arise.
• Contribute to a diverse and inclusive culture and demonstrate Thermo Fisher Scientifics 4-I Values: Integrity Intensity Innovation and Involvement.
• Maintain strong internal controls and support compliance with SOX Corporate policies and applicable requirements.

Minimum Qualifications

• Bachelors degree in Finance Accounting or a related field.
• 3 years of progressive experience in financial analysis accounting FP&A or a related finance role.
• Working knowledge of Generally Accepted Accounting Principles (GAAP).
• Basic understanding of or interest in developing knowledge of of inventory accounting absorption costing and variance analysis.
• Strong Microsoft Excel skills including the ability to organize analyze and summarize financial data.
• Strong analytical and problem-solving skills with attention to detail and accuracy.
• Ability to communicate financial information clearly to both finance and non-finance colleagues.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Ability to work collaboratively with colleagues across different functions and geographic locations.
• Demonstrated initiative and willingness to identify and improve inefficient processes.

Preferred Qualifications

The following experience is helpful but not required. Candidates are not expected to have experience with every system or technology listed below.

• Experience with financial planning reporting ERP or consolidation systems such as SAP Oracle Hyperion/Essbase or similar platforms.
• Experience with data visualization or business intelligence tools such as Power BI Tableau or similar tools.
• Familiarity with databases SQL or other tools used to organize and analyze large data sets.
• Experience with Microsoft automation tools or other workflow/process automation technologies.
• Experience using AI tools appropriately to improve financial analysis reporting or process efficiency.
• Experience supporting budgeting forecasting month-end close or financial business partnering.
• Familiarity with Sarbanes-Oxley (SOX) controls or working in a regulated business environment.
• Experience with continuous improvement methodologies including Practical Process Improvement (PPI) is a plus.

What Will Help You Succeed

• Curiosity and a willingness to learn the business behind the numbers including financial concepts systems and processes.
• Ability to translate financial data into clear insights and recommendations.
• Comfort asking questions and working with business partners to understand financial results.
• A continuous improvement mindset and interest in making financial processes simpler and more efficient.
• Leadership and initiative consistent with Thermo Fisher Scientifics 4-I Values: Integrity Intensity Innovation and Involvement.

• Less than 5% domestic/international travel

At Thermo Fisher Scientific each one of our 90000 extraordinary minds has a unique story to tell. Join us and contribute to our singular missionenabling our customers to make the world healthier cleaner and safer.

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race color religion sex sexual orientation gender identity national origin protected veteran status disability or any other legally protected status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Job Seekers with a Disability: Thermo Fisher Scientific offers accessibility service for job seekers requiring accommodations in the job application process. For example this may include individuals requiring assistance because of hearing vision mobility or cognitive impairments. If you are a job seeker with a disability or assisting a person with a disability and require accessibility assistance or an accommodation to apply for one of our jobs please submit a request by telephone at 1-*. Please include your contact information and specific details about your required accommodation to support you during the job application process.

• This telephone line is reserved solely for job seekers with disabilities requiring accessibility assistance or an accommodation in the job application process. Messages left for other purposes such as not being able to get into the career website following up on an application or other non-disability related technical issues will not receive a response.

Compensation and Benefits

This position may also be eligible to receive a variable annual bonus based on company team and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on which includes:

• A choice of national medical and dental plans and a national vision plan including health incentive programs

• Employee assistance and family support programs including commuter benefits and tuition reimbursement

• At least 120 hours paid time off (PTO) 10 paid holidays annually paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave) accident and life insurance and short- and long-term disability in accordance with company policy

• Retirement and savings programs such as our competitive 401(k) U.S. retirement savings plan

• Employees Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits please visit: Experience:

IC