Thermo Fisher Scientific Looking for Senior Finance Manager, Operations at Virginia, United States Full Time

Job Description

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately $35 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 productivity in their laboratories, we are here to support them. Our global team of more than 90,000 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 and Patheon. For more information, please visit www.thermofisher.com.

The Senior Finance Manager of CDD Operations and Service is a key member of the Clinical Diagnostics Division and will be a business partner to the Vice President, Operations and Service. The position will be based remotely in North America and will report directly to Finance Director, Clinical Diagnostics Division. The Clinical Diagnostics Divisions is made up of 5 Business Units with 4 major sites across North America and Europe with annual revenue over $1 billion.

Duties & Responsibilities:

• Operations Finance
  • Implement and standardize best practice financial reporting, analysis, and improvement across sites including design and utilization of BI tools and standard work to drive forward-looking insights
  • Lead Finance to ensure consistent and clear view of Manufacturing performance & efficiency (Spend, Absorption, Variance, Activity Based & Standard Costing, Utilization, Fixed & Variable cost structure etc.), Customer Service KPI’s, and Supply Chain
  • Partner with Supply Chain operations to improve SIOP, optimize Inventory / DOS, minimize E&O & Scrap, etc.
  • Establish annual, monthly, weekly, and daily financial reporting & forecasting to drive continual improvement
  • Partner with Finance and Operations leaders to realize measurable productivity improving each area (PPI, Sourcing, Supply Chain, Operations) and continually improving bottom line results as a percentage of spend
  • Drive accountability of major investments including all capital and strategic projects
  • Lead strategic analysis and improvement from Finance by identifying and implementing footprint consolidation and expansion opportunities as well as insourcing and outsourcing analyses
  • Hire and oversee Operations Financial Analysts, including giving directions and delivering periodical evaluations
  • Innovate improvements in Operations based on financial analysis

• Service Finance
  • Implement and standardize best practice financial management for service
  • Create and manage the Service P&L
  • Drive financial analysis and benchmarking to innovate in the service business to maximize Service Revenue and Customer Satisfaction while minimizing Service Costs
  • Lead service financial performance by establishing Service Financial Scorecards with drill down/drill up functionality (Division through Individual)
  • Establish Productivity system in Service to achieve continual annual cost improvements
  • Implement financial models for Headcount, Warranty, and Parts Network
  • Lead Strategic Analysis and Improvement from Finance by identifying and implementing consolidation opportunities across Businesses, Division, Group, and Company
  • Innovate improvements in Service based on financial analysis

Qualifications:

• An undergraduate degree in Business, Finance, or Accounting is required; an MBA or CPA is strongly desired
• An ideal candidate will possess excellent academic credentials and a strong aptitude in financial analysis
• Experience in the Diagnostics and Medical Devices industry is desired
• Minimum of 7+ years of progressively responsible business experience
• Experience in a global manufacturing organization is desired
• Strong knowledge of Excel (i.e., financial models and analysis), Cognos reporting tool (or equivalent), Power BI, PowerPoint, and Hyperion is preferred

Preferred characteristics:

• The successful candidate is personable, highly ethical and thrives in a collaborative environment
• Excellent proactive communication capabilities, identifying and addressing issues via candid dialogue
• Track record of developing high levels of credibility and forging solid and positive professional relationships with subordinates, peers and upper management and can operate effectively in a matrix reporting structure
• Strong manufacturing operations orientation with demonstrated experience partnering with Operations and supply chain leaders to drive cost & inventory optimization
• Experience in managing financials for service organizations
• Exceptional analytical, problem solving and critical thinking skills including demonstrated utilization of BI tools to measure KPI’s and drive forward looking analytics
• Self-motivated with high bias for action and accountability
• High level of energy; can bring a passion to excel. Able to energize and influence a wide spectrum of people, including senior finance and operations professionals
• Ability to balance priorities and thrive in a complex global business environment
• Ability to drive culture of accountability