Senior Commercial Finance Analyst

Work Schedule

Environmental Conditions

Job Description

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our mission and make us a stable and trusted industry leader. Our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives.

Proteomic Sciences, part of Thermo Fisher Scientific, is a business unit within Life Sciences Solutions Group, which offers proteomics solutions serving the life sciences market.

The Commercial Finance Senior Analyst would lead and own the financial processes across various dimensions of the company influencing pricing decisions, customer and products profitability and driving commercial finance strategy. The role is responsible for developing, implementing, and maintaining standard methods, processes, and systems across these key commercial areas, with a direct impact on revenue growth and margin expansion

Responsibilities:

• Must be on-site at our 130 Turner Street, Waltham, MA location at a minimum of 3-4 days a week

• Develop, automate, and scale data analytics and data visualization to measure business performances, including pricing/ discounting effectiveness, share gain, customer acquisition/retention, win/loss, etc.

• Own and lead in-depth analysis to narrow down areas of opportunities for price growth and expansion. Identify trends, provide observations, insights and recommendations to answer key business questions and help business decisions

• Act as a key finance partner to the commercial team, partnering on daily pricing requests to drive realized price and be the key gatekeeper to ensure proper approvals are acquired according to approval matrix

• Lead the development of Annual Operation Plan (Price) including providing context to market, economic and competitor dynamics. Provision of monthly and quarterly price forecast and commentary, highlighting risks and opportunities

• Establish, improve, and maintain various tools to support pricing decisions, win/loss analysis, predictive modeling, and other critical analyses to drive scalable business impact

• Perform ad hoc data analysis for business around customer, product, and market dynamics translating insights into actionable recommendations for stakeholders

Education and Experience:

• Bachelor’s degree in Finance, Accounting, Management, Economics or related field desired

• 5+ years of relevant working experience

• Prior experience within commercial finance or FP&A; fundamentals in Finance

Knowledge, Skills, Abilities:

• Strong financial acuity, including familiarity with concepts of pricing, forecasting, budgeting and variance analysis

• Excellent communication and presentation skills to communicate analysis and recommendations in concise informative manner to non-finance commercial stakeholders including senior leadership

• Data management experience and the ability to manage large sets of data and accurate reports . Excellent skills with MS Excel is required; AI literacy and experience with data transformation and automation tools such as Power Queries are a big plus

• Prior experience with Sales Force, Oracle, HFM/CMR preferred

• Highly analytical and possess a strong business sense with ability to connect insights to business outcomes

• Capable to prioritize multiple projects at the same time and shows creativity and innovation in presenting ideas.

• Strong team building skills working with a diverse group of people who are from different functions and geographically dispersed

• Promote a culture of personal responsibility/accountability and open communications.

• Continuous Improvement: Identify process and control gaps and champion improvement initiatives through Practical Process Improvement (PPI)

• Exhibit leadership, initiative, and the Thermo Fisher Scientific 4-I values of Integrity, Intensity, Innovation, and Involvement

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: https://jobs.thermofisher.com/global/en/total-rewards