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Senior Financial Analyst

Thermo FisherThermo Fisher·Biotechnology and Life Sciences

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About the role

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $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, improving patient diagnostics and therapies or increasing efficiency in their laboratories, we are here to support them. Our team of more than 100,000 colleagues 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. For more information, please visit www.thermofisher.com.

How you will make an impact:

China Factories are the manufacturing business of Thermo Fisher, which offers all kinds of products that from different division and group.

Seeking a Senior Analyst who will be a part of China Factories finance team to support the delivery of our near and long-term financial objectives. The scope of responsibilities includes all FP&A planning, Costing, analysis & reporting to complete financial goals and initiatives to support a growing organization.

What you will do:

  • Partner with business / site leadership in driving business performance to meet short and long term objectives

  • Implement reporting, budgeting, forecasting activities in support of the business

  • Analyze financial and business performance against key business metrics and supervise pertinent financial highlights that will enable understanding of progress against strategic / business plan and budgets

  • Perform monthly closing activities including journal entries, accruals, inventory, reporting and analysis

  • Review and release BOM / Labor Rate /Overhead Rate in SAP system periodically to ensure the standard cost is reasonable and accurate

  • Review efficiency saving and leakage, drive PPI saving

  • Ensure compliance with China GAP, U.S. GAAP, Sarbanes-Oxley requirements, company policy and standard operating procedure; recommends changes to strengthen control environment

  • Support internal and external audit requirements

  • Drive continuous improvement and use systems to increase controls and efficiencies

  • Drive factory growth: active involvement in key product transfer projects, build the connections with global division finance and act as a key member on transfer price determination, cost forecast, pricing, etc.

  • Prepare the MBR/QBR for China Manufacturing and facilitate the communication with global divisions

  • Listens proactively and collaborates across functional lines

Education

Required: An undergraduate degree in Business, Finance or Accounting

Experience

Required: A minimum of 4-6 years of FP&A experience

Knowledge, Skills, Abilities

  • Proficient user of Excel (i.e., financial models and analysis); experience with SAP ERP, PowerPoint, Power BI and digitalization tools

  • Working understanding of financial accounting standards and internal controls

  • Proficient verbal and written communication skills

  • Proficient English in written, spoken is desired

Our Mission is to enable our customers to make the world healthier, cleaner and safer. Watch as our colleagues explain 5 reasons to work with us. As one team of 100,000+ colleagues, we share a common set of values - Integrity, Intensity, Innovation and Involvement - working together to accelerate research, solve complex scientific challenges, drive technological innovation and support patients in need. #StartYourStory at Thermo Fisher Scientific, where diverse experiences, backgrounds and perspectives are valued.

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Aplyr's read

Thermo Fisher Scientific is a powerhouse in biotechnology, attracting professionals passionate about advancing scientific research and innovation across diverse roles and regions.

Synthesized from recent postings & public sources

What's promising

  • Thermo Fisher is a leader in the biotech industry, offering stability and growth potential.
  • The company invests heavily in R&D, fostering innovation and cutting-edge solutions.
  • Global presence provides diverse career opportunities across multiple regions and disciplines.

What to watch

  • High pressure and fast-paced environment may not suit everyone.
  • Complex organizational structure can lead to communication challenges.
  • Frequent acquisitions may result in uncertainty and change for employees.

Why Thermo Fisher

  • Thermo Fisher's broad product portfolio spans laboratory equipment to clinical diagnostics.
  • The company plays a crucial role in global scientific advancements and healthcare solutions.
  • Strong focus on sustainability and corporate responsibility sets it apart in the industry.

Aplyr’s read is generated by AI from public sources. Was it useful?

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About Thermo Fisher

Thermo Fisher Scientific is a global leader in serving science, providing a range of products and services to help researchers and scientists in laboratories and clinical settings.

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