Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
At Thermo Fisher Scientific, you'll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life - enabling our customers to make the world healthier, cleaner and safer. We provide our teams with the resources needed to achieve individual career goals while taking science a step beyond through research, development and delivery of life-changing therapies. With clinical trials conducted in 100+ countries and ongoing development of novel frameworks for clinical research through our PPD clinical research portfolio, our work spans laboratory, digital and decentralized clinical trial services. Your determination to deliver quality and accuracy will improve health outcomes that people and communities depend on - now and in the future.
Summarized Purpose:
Contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting for complex projects/assignments. Works cross-functionally with operations, commercial finance, and finance to resolve issues related to any of the following: revenue, costs, contract values, billing, balance sheet management, financial reporting, financial tools and processes.
This is a full-time, onsite/hybrid position for candidates located in Richmond, VA. We are unable to offer relocation support for this role.
Key responsibilities:
Administers the daily financial management of complex contracts and/or strategic partnership account and/or special assignments.
Performs cash flow and variance analysis for assigned projects, accurate project budgets; and/or performs regular reconciliations and analysis of revenues and billing on a project and company level; and/or creates trackers, financial tools, dashboards and provides technical solutions by manipulating large datasets and compiling data.
Provides financial guidance to operations management and other staff.
Coordinates with other staff to ensure sponsors are invoiced in a timely and accurate manner, all amounts are collected, any remaining final balances are appropriately cleared; and/or the agreed financial processes are followed and regularly reviewed for further automation and optimization.
Leads and participates in the analysis of cost assignments, ensuring all assigned projects enforce to accepted cost accounting standards.
Tracks, maintains and/or interpret project information and budgets within the project accounting system; and/or takes part in reviewing and development of financial reports, tools, systems, policies and processes in support of financial management process and improved efficiency.
Provides decision-making support to management in assessing and minimizing the risk on revenue and gross profit and/or balances associated with assigned balance sheet accounts and/or financial processes and tools.
Compiles competitive analysis quarterly to aid leadership in making informed decisions
Interacts with leadership through the presentation of database extracts and datasets, tools, models, data analysis, and dashboards.
Serves as a mentor and lead for team members.
Makes recommendations for process improvements and participates in special projects as assigned.
Keys to Success
Education and Experience:
Bachelor's degree or equivalent and relevant formal academic / vocational qualification
Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 5+ years).
In some cases an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet the requirementsof the role.
Knowledge, Skills and Abilities:
Project leadership and consultancy skills with ability to function as an effective and respected partner to internal clients
Sophisticated knowledge of accounting/financial principles and best practices, for roles with more accounting focus a professional accounting qualification - ACCA / CPA / CIMA or equivalent will be an advantage
Ability to apply sophisticated knowledge, skills, and expertise to analysis
Good business acumen with ability to understand sophisticated interpersonal structures and environments
Excellent analytical and quantitative skills
Sophisticated level of skill in Microsoft Excel and PowerPoint for analysis and presentation of data, for roles with more technical focus previous experience with SharePoint / VBA / SQL / Power BI / RPA (comparable to 2+ years) will be an advantage
Ability to work with ambiguity and complexity
Proven executive presence and good presentation skills
Ability to influence at all levels of the organization
Salary Transparency:
The salary range estimated for this position is $85,000 - $95,000. This position will also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. Actual compensation will be confirmed in writing at the time of offer.
We offer a comprehensive Total Rewards package that our US colleagues and their families can count on, which generally include:
A choice of national medical and dental plans, and a national vision plan
A wellness program, and valuable health incentive opportunities for company contributions to a Health Reimbursement Accounts (HSAs) or Health Savings Account (HSA)
-Tax-advantaged savings and spending accounts and commuter benefits
Employee assistance programs
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, short- and long-term disability, and volunteer rime off in accordance with company policy.
Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
Accessibility/Disability Access:
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.
EEO & Affirmative Action:
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.
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.