Financial Analyst III

Posted 2 Days Ago
Be an Early Applicant
Waltham, MA
83K-125K Annually
Mid level
Biotech
Our Mission is to enable our customers to make the world healthier, cleaner and safer.
The Role
As a Financial Analyst III, you will conduct financial analyses, maintain records, collaborate with various departments to improve financial performance, and support decision-making processes. Your role involves building financial models, communicating budget forecasts, and presenting financial reports to senior leadership.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Job Description:

Financial Analyst III

At Thermo Fisher Scientific, our finance teams are vital to our business and functional teams, working in partnership to make informed decisions that drive our mission and establish us as a stable and trusted industry leader. We are currently seeking a Financial Analyst III to join our team supporting the Corporate Infrastructure and Security Team (CIS) within Information Technology Shared Services (ITSS) Finance.

How will you make an impact?

You will be an integral part of the Corporate Infrastructure and Security teams. Your main duties will involve conducting financial analysis and providing valuable insights to support decision making. Additionally, you will be responsible for maintaining accurate financial records and reports. Collaboration with various departments will be essential to help find ways to optimize spending, improve financial performance, and drive operational efficiencies. This role will provide you with direct exposure to upper management and executives, allowing you to contribute to strategy development, challenge existing practices, and introduce innovative processes and procedures. If you are a motivated self-starter, this position presents a phenomenal opportunity to demonstrate your skills.

What you will do?

  • Recording and Reporting the News:
    • Record and post monthly journal entries, meticulously review and approve invoices, and develop and approve appropriation requests.
    • Assist in preparing and presenting financial reports and presentations to senior leadership.
    • Contribute to the development and refinement of financial policies, procedures, and controls.
  • Predicting the Future:
    • Build and update financial models to facilitate budgeting, forecasting, and variance analysis.
    • Communicate risks and opportunities related to expected results and build contingency plans to meet financial commitments.
  • Partnership with Teams:
    • Collaborate with teams from various departments to find ways to improve spending, boost financial performance, and streamline operations.
    • Provide financial analysis and insights to support decision-making and drive business results.
    • Participate in special projects and initiatives as required.
  • Support IT Integrations:
    • Collaborate with the Integration Management Office (IMO) and IT Integrations teams to accurately forecast one-time and recurring spend.
    • Consolidate and communicate IT Integrations financial results to leadership and key collaborators. 

What Education/Experience and skills do you need to be successful?

  • Bachelor's degree in Accounting, Finance, or related field required; equivalent experience will also be considered.
  • Minimum of 3 years of prior work experience preferred.
  • Intermediate Excel skills (experience with PowerBI a plus)
  • Proficiency in accounting principles and effective financial reporting skills
  • Demonstrated success in enhancing operational efficiency
  • Curiosity and initiative to discover root causes of issues with a keen eye for detail
  • Ability to optimally communicate sophisticated financial analysis to business leaders and to obtain operational agreement.

We are excited to welcome you to join our team and make a significant impact with our Corporate Infrastructure and Security team!

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

Top Skills

Excel
Power BI
The Company
HQ: Waltham, MA
100,000 Employees
Hybrid Workplace

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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