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Thermo Fisher Scientific Finance Manager - Service Operations in Boston, Massachusetts

When you join us at Thermo Fisher Scientific, you'll be part of a smart, driven team that shares your passion for exploration and discovery. With revenues of $25 billion and the largest investment in R&D in the industry, we give our people the resources and opportunities to make significant contributions to the world.

The Finance Manager - Service Operations will be expected to be a strong business partner to Service by initiating and implementing actions to improve profitability, cashflow, and customer experience. Providing guidance to Group or Division leaders at Thermo Fisher Scientific on operations strategy focused on optimized use of capital, cashflow and productivity. This role will be actively involved in strategy, reporting, and consolidation processes, and will have a great deal of visibility with service senior leadership. They will also be responsible for developing solid cross-functional business partnerships, leading special projects, and implementing business intelligence tools.

Key Responsibilities:

  • Develop robust processes to provide visibility into cost improvements, inventory management, restructuring costs, investments and overall financial performance on execution of all Service Operations initiatives.

  • Drive rigorous and transparent financial reporting (i.e. warranty, scrap, freight, sourcing / PPI savings, distribution cost, inventory, backlog and backorder) and planning and forecasting to support business decisions

  • Provide ongoing analytical and reporting support to Service Operations team on freight and logistics costs, inventory and production volume, overhead spending, warranty, bad debt, and E&O performance

  • Establish relationships with senior management across the business to define practices and strategies to add value and maintain cost effectiveness.

  • Oversee development of annual budget and forecast requirements for Service Operations.

  • Support strategic projects and transformation initiatives:

  • Drive efficiencies and eliminate redundancies by evangelizing adoption of new technologies for Operations reporting and forecasting. Support automation of key reporting metrics and tools (e.g. Productivity schedule, YoY EBITA bridge)

  • Redefine our finance processes in working with external consultants. Engage with BUs for successful implementation of redesigned processes

  • Utilize external metrics to help facilitate decisions and define our relative performance. Partner with BI team to develop meaningful reporting tools to compare performance versus external data

  • Maintain the monthly financial reporting and analysis package: Gross Margin analysis focusing on OCOGS elements, Operating expenses, and Working capital analysis. Provide financial modeling and scenario analysis for strategies and initiatives as identified by leadership team. Ensure alignment of local goals and initiatives with overall corporate goals and initiatives.

Requirements/Qualifications:

  • Bachelors' degree in Accounting or Finance; an MBA is strongly desired.

  • Minimum 5-7 years of experience in Finance or Accounting, or successful completion of Thermo Fishers' Finance Leadership Development Program (FLDP)

  • The successful candidate will be a well-rounded finance professional with an operational focus. He/she should have a minimum of five to eight years of progressively responsible business experience.

  • The successful candidate should also have very good overall business skills; he/she does not limit the scope of responsibilities, but helps to develop solutions to broad business issues. Experience in a global manufacturing organization is desired, as is experience in installation of financial systems and development of product cost methodologies.

  • Superior quantitative and analytical capabilities with Advance Excel and PowerPoint skills; Strong financial systems capabilities (HFM, CMR, SAP).

  • Excellent organizational skills; effective verbal & written communication abilities

  • Must be able to work independently in a fast-paced environment with a sense of urgency and understand that there may be extra hours during the financial calendar.

At Thermo Fisher Scientific, each one of our 70,000 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.

Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, religion, color, national or ethnic origin, citizenship, sex, sexual orientation, gender identity and expression, genetic information, veteran status, age or disability status.

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