Financial Analyst III

Posted 17 Days Ago
Fremont, CA, USA
In-Office
91K-121K Annually
Mid level
Biotech
Our Mission is to enable our customers to make the world healthier, cleaner and safer.
The Role
Supports FP&A activities including monthly close, variance analysis, OPEX and CAPEX planning, budgeting, forecasting, long-range financial plans, project and headcount analysis, and financial business partnering. Prepares reports and presentations, reconciles financial data, supports GAAP and SOX controls, and improves or automates finance processes.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

How You Will Make an Impact:

As a Finance Analyst III on the Niche Diagnostics (NDx) Financial Planning & Analysis (FP&A) team, you will partner with leaders across R&D, Sales, Marketing, Quality, Facilities, and General & Administrative (G&A) functions to help them understand financial performance and make informed business decisions.

You will support monthly financial reporting and close activities, analyze actual results against budgets and forecasts, help develop annual budgets and longer-term financial plans, and provide financial analysis for business decisions and investments.

This role is well suited for a finance or accounting professional who enjoys working with data, explaining financial results to business partners, and finding ways to improve and automate financial processes.

Key Responsibilities:

  • Serve as a finance partner to R&D, Sales, Marketing, Quality, Facilities, and G&A teams, helping business leaders understand financial performance and make informed decisions.
  • Manage and forecast operating expenses (OPEX), including reviewing actual spending against budget and forecast and explaining key variances.
  • Support R&D project financial reviews by tracking project spending, forecasts, and financial performance.
  • Partner with HR and commercial teams on headcount and resource planning, including forecasting the financial impact of hiring and staffing decisions.
  • Support capital expenditure (CAPEX) planning by developing financial business cases, reviewing completed investments against expectations, and monitoring fixed assets.
  • Support and coordinate monthly financial close activities, including variance analysis, accruals, reclassifications, account reconciliations, and management reporting to help ensure accurate P&L and balance sheet results.
  • Prepare and analyze annual budgets, monthly forecasts, and long-range financial plans, with a primary focus on operating expenses.
  • Provide financial analysis and decision support to business unit leadership, functional leaders, Division Finance, and Accounting.
  • Analyze business unit profitability, spending trends, and working capital and identify opportunities to improve financial performance.
  • Prepare clear financial reports and presentations that summarize results, key drivers, risks, and opportunities for finance and business leadership.
  • Reconcile financial information across systems and help maintain accurate, consistent financial data.
  • Identify opportunities to simplify, standardize, and automate financial reporting and analytical processes.
  • Support strong financial controls and compliance with Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley (SOX) requirements, corporate policies, and applicable statutory requirements.
  • Participate in Practical Process Improvement (PPI) initiatives to improve finance processes and controls.
  • Support additional finance projects and business needs as required.

Minimum Qualifications

  • Bachelor's 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).
  • 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.
  • 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 Scientific's 4-I Values: Integrity, Intensity, Innovation, and Involvement.
Travel requirements
  • Less than 5% domestic/international travel
About Thermo Fisher Scientific:

At Thermo Fisher Scientific, each one of our 90,000 extraordinary minds has a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer.

Apply today! http://jobs.thermofisher.com

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.

Accessibility/Disability Access

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 1-855-471-2255*. 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

The salary range estimated for this position based in California is $90,900.00–$121,000.00.

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

Skills Required

  • Bachelor's 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)
  • Strong Microsoft Excel skills
  • Strong analytical and problem-solving skills with attention to detail and accuracy
  • Ability to communicate financial information clearly to finance and non-finance colleagues
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment
  • Ability to work collaboratively across functions and geographic locations
  • Initiative and willingness to identify and improve inefficient processes
  • Experience with financial planning, reporting, ERP, or consolidation systems such as SAP, Oracle, or Hyperion/Essbase
  • Experience with data visualization or business intelligence tools such as Power BI or Tableau
  • Familiarity with databases, SQL, or tools for analyzing large data sets
  • Experience with Microsoft automation tools or workflow/process automation technologies
  • Experience using AI tools to improve financial analysis, reporting, or process efficiency
  • Experience supporting budgeting, forecasting, month-end close, or financial business partnering
  • Familiarity with SOX controls or experience in a regulated business environment
  • Experience with continuous improvement methodologies, including Practical Process Improvement (PPI)

Thermo Fisher Scientific Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Thermo Fisher Scientific and has not been reviewed or approved by Thermo Fisher Scientific.

  • Retirement Support Retirement programs include a strong company 401(k) match and an employee stock purchase plan that add meaningful long‑term value. Feedback suggests these features stand out among core financial benefits even when base pay feels average.
  • Healthcare Strength Health coverage offers multiple national medical options alongside dental and vision, with company‑paid life and disability coverage. This breadth is considered a solid foundation even if some costs may not be the lowest among peers.
  • Parental & Family Support Paid parental and caregiver leave, backup care, adoption assistance, and specialized family resources are available. Feedback suggests these supports are a notable plus for colleagues managing family and caregiving needs.

Thermo Fisher Scientific Insights

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The Company
HQ: Waltham, MA
100,000 Employees

What We Do

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.

Why Work With Us

You will join a company which every colleague has the opportunity to create possibilities, for oneself, for our customers and patients. There is no more exciting place to be than at the forefront of solving problems which help improve lives around the world. As a company, we are committed to supporting your career aspirations and your journey.

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