Operations Finance Manager

Posted 4 Days Ago
Be an Early Applicant
Fair Lawn, NJ
In-Office
113K-169K Annually
Senior level
Biotech
Our Mission is to enable our customers to make the world healthier, cleaner and safer.
The Role
The Finance Manager partners with site operations leadership, driving financial planning, reporting, capital expenditure management, and cost savings initiatives in a manufacturing environment.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

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

Job Description

Location/Division Specific Information

This role will be located in Fairlawn, NJ.

How will you make an impact

As the Finance Manager you will be the primary finance business partner for the site operations director and management team.  You will be leading and inspiring a team of strong, enthusiastic finance professionals to support the business in financial planning and reporting as well as decision making on investments and future proofing the organization financially.

What will you do

  • Primary business partner for the site operations director as well as key member of the site leadership team.
  • Lead financial analyst to drive analysis of operating results (I.E. absorption, Work order variance, versus AOP, forecast and prior year).  Ensure inventory controls are checked and monitored to reduce risk of write offs. 
  • Monthly cost center reviews and deep dive into site expenses.  Actuals vs. AOP, Forecast, and Prior Year.  Develop a deep understanding of site expenses to identify savings opportunities and improvement of forecast accuracy. 
  • Management of Capital Expenditure including forecast accuracy and spend governance, preparation of investment proposals and approval management.
  • Lead development of monthly financial forecasts and annual budget (AOP), identifying areas of risk and opportunity.
  • Ensure compliance to Divisional Approval Authority Matrix/Corporate accounting policies.
  • Drive strong focus on standard cost analysis to support improving and optimizing profitability for the business.
  • Challenge business standards and manufacturing standards to identify risks and opportunities within manufacturing/supply chain.  
  • Lead analysis of productivity results and drive improvements in line with productivity targets.
  • Validate site productivity savings ensuring savings bridge to the P&L.
  • Complete special projects and ad-hoc financial reporting as required.

How will you get here

  • Strong leadership and business partner skills. Lead by example, support and challenge business partners and hold teams accountable to commitments and results
  • Strong business sense and ability to think beyond financial implications only
  • Proven ability to organize, analyze, present and report results
  • Effective spoken and written communication skills are required to collaborate with various partners
  • Experience in a global manufacturing organization, as well as development of product cost methodologies
  • Continuous Improvement approach: Identify process and control gaps and champion improvement initiatives
  • Superior quantitative and analytical capabilities with advanced Excel skills
  • Organized multitasker: workload prioritization, enable the team to meet timelines while achieving results, especially in a fast-paced environment

Education / Experience

  • Bachelor’s degree required, MBA or CPA preferred. 
  • Manufacturing/Distribution experience
  • Understanding of Cost Accounting is strongly preferred
  • A minimum of 5 years progressive experience as a financial and people leader

Compensation and Benefits

The salary range estimated for this position based in New Jersey is $112,500.00–$168,750.00.

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
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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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