Financial Analyst III

Posted Yesterday
Tewksbury, MA, USA
In-Office
83K-125K Annually
Mid level
Biotech
Our Mission is to enable our customers to make the world healthier, cleaner and safer.
The Role
Supports operational finance for a manufacturing division through budgeting, forecasting, reporting, COGS variance analysis, inventory oversight, CAPEX tracking, labor and productivity analysis, and financial modeling. Partners with operations and supply chain teams to improve reporting, validate savings, identify control gaps, and guide business decisions. Requires strong analytical, communication, Excel, and Power BI skills, with responsibility for monthly business reviews and process improvements.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office, Some degree of PPE (Personal Protective Equipment) required (safety glasses, gowning, gloves, lab coat, ear plugs etc.)

Job Description

Job Title: Operations Finance Analyst

Location: Tewksbury, MA (on-site)

Division/Business Unit: Laboratory Products Group -> Laboratory Chemicals Division -> Wardhill, MA

How You Will Make an Impact:

As a key member of the LCD Operation Finance team, you will partner closely with cross- functional teams to drive financial performance, operational efficiency, inventory accuracy and strategic decision making at both the Wardhill production site and division level. You will deliver clear financial insights that guide actions in production, supply chain, and continuous improvement, while ensuring accurate and timely reporting.

This role is ideal for a highly analytical, business-minded finance professional who enjoys a fast-paced environment and wants to make a measurable impact on manufacturing performance and profitability.

What You Will Do:

  • Support weekly, monthly, and quarterly reporting for LCD division business reviews with clear visuals and commentary
  • Own division monthly business reviews process and slide deck for operations and finance
  • Contribute to annual budgeting: scenario modeling and cross-functional alignment
  • Partner with operations to build data-driven narratives and forward-looking alignment at both the site and division level
  • Steward inventory: monitor excess & obsolete, audit cycle counts
  • Deliver concise COGS variance analysis and interpretation (vs. budget, forecast, prior year)
  • Collaborate across functions(operations & supply chain) to standardize, enhance, and automate reporting across the division. 
  • Prepare headcount, labor utilization, overtime reporting, and cost center reporting for site and division.
  • Validate productivity savings (including labor efficiency) and Sourcing savings.
  • Lead ad hoc analysis and financial modeling to guide business decisions
  • Continuously seek and implement process improvements
  • Own CAPEX reporting for site and division.
  • Act as backup to the Site Finance Lead when needed

How you will get here:

Education

Bachelor’s degree in accounting/finance.

Experience

3+ years of relevant finance experience

Knowledge, Skills, Abilities

Prior experience in FP&A or Controlling, experience in a manufacturing setting preferred.

Strong analytical thinking, curiosity, and problem-solving

Ability to manage competing priorities in a high-paced setting

Advanced Excel skills and PowerBi knowledge required

Experience with Hyperion Financial Management(HFM) is preferred

Effective verbal and written communication skills

Strong team building skills and ability to work with diverse and geographically dispersed teams.

Identify process and control gaps and champion improvement initiatives through PPi.

Exhibit leadership, initiative, and the Thermo Fisher Scientific 4i values of Integrity, Intensity, Innovation, and Involvement.

Travel requirements

Less than 5% domestic/international travel

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $83,300.00–$125,000.00.

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 accounting or finance
  • 3+ years of relevant finance experience
  • Advanced Microsoft Excel skills
  • Power BI knowledge
  • Strong analytical thinking, curiosity, and problem-solving skills
  • Ability to manage competing priorities in a fast-paced setting
  • Effective verbal and written communication skills
  • Strong team-building skills and ability to work with diverse, geographically dispersed teams
  • Experience in FP&A or controlling
  • Experience in a manufacturing setting
  • Experience with Hyperion Financial Management (HFM)
  • Ability to identify process and control gaps and lead improvement initiatives
  • Less than 5% domestic or international travel

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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