Financial Analyst III

Posted 2 Days Ago
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
The Financial Analyst III role, at Thermo Fisher Scientific, involves analyzing profit and loss accounts, providing actionable insights, ensuring financial integrity, performing month-end activities, and collaborating with teams on accounting and financial reporting. The position emphasizes process improvement and compliance with accounting standards.
Summary Generated by Built In

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

Position: Financial Analyst III – Corporate Finance

Location: Carlsbad, CA, Waltham, MA, or Pittsburgh, PA

Hiring Manager: Sr Manager, Corporate Finance

How will you make an impact?

When you join us at Thermo Fisher Scientific, you’ll become part of a smart, driven team that shares your passion for exploration and discovery. With revenues greater than $40 billion and the largest investment in Research & Development (R&D) in the industry, we give our people the resources and opportunities to make significant contributions to the world.

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives.

In partnership with the Senior Manager, you will engage with regional accounting teams, accounting shared service centers, the Corporate IT and Digital Finance team, and the IT and Digital FP&A group. Your role will be pivotal in ensuring the completeness and integrity of financial results, fostering a comprehensive understanding of accounting policies and procedures across all teams, and spearheading operational improvement initiatives.

The ideal candidate is a high potential, analytical, system savvy problem solver with a focus on process efficiency and optimization!

Specifically, the Financial Analyst III will have primary responsibility of the following:

  • Analyze profit and loss account and balance sheet trends and variances ensuring financial integrity of trial balance and reporting.
  • Provide actionable insights and recommendations based on financial data analysis and enhance reporting to support critical initiatives and business objectives.
  • Perform activities at month end, including journal entries and key balance sheet reconciliations.
  • Drive comprehensive accounting functions for all IT contracts including amortization schedules.
  • Collaborate effectively with the sourcing team to facilitate timely negotiations and approvals for new contracts and renewals.
  • Ensure compliance with relevant accounting standards and internal policies.
  • Conduct in-depth analysis of balance sheets and communicate findings to relevant parties.
  • Support the review, maintenance and improvement of internal controls as it relates to the financial system, accounts and processes used in financial reporting.
  • Monitor CAPEX projects and impairment risk.
  • Proactively participate in PPI (Practical Process Improvement) initiatives.
  • Complete a variety of special projects as and when requested.

The key capabilities required for success in this role are as follows:

  • Builds relationships with customers, peers and operating partners.
  • High level of proactivity to drive continuous improvement of processes and system utilization.
  • Flexible and adaptable with the ability to manage and prioritize multiple tasks
  • Previous financial accounting experience with strong accounting knowledge and application of financial principles.
  • Navigates the interplay between all financial systems (E1, SAP, EDW, Hyperion Planning, HFM/CMR), with strong proficiency in Workday and Microsoft Office.
  • Operates well in a fast-paced, heavily matrixed environment.
  • Challenges the current state of core processes and drives innovative solutions and efficiency.
  • Expresses outstanding oral and written communication skills to interact at various levels, including taking an independent stance when connecting with cross-functional colleagues.
  • Demonstrates strong analytical and problem-solving skills with a keen attention to detail and ‘zooms in or out’, based on the audience and data at hand.

Minimum Qualifications:

  • Bachelor’s Degree in Finance, Accounting, or related field.
  • Minimum 3 years of experience in a Finance or Accounting role.

Each one of our 75,000 extraordinary minds have a unique story to tell. Join us and contribute to our singular mission—enabling our customers to make the world healthier, cleaner and safer. Apply today http://jobs.thermofisher.com

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.

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

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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