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Senior Operations Finance Analyst

Work ScheduleStandard (Mon-Fri)Environmental ConditionsOfficeJob DescriptionAt 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.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.• 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 SuccessEducation 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 requirements of 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 organizationBenefitsWe offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!
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What You Should Know About Senior Operations Finance Analyst, Thermo Fisher Scientific

At Thermo Fisher Scientific, we're on the lookout for a Senior Operations Finance Analyst to join our vibrant Pennsylvania office! This role goes beyond just crunching numbers; it's about playing a pivotal part in ensuring that our financial reporting and analysis drive significant impacts all over the globe. You'll dive into the daily financial management of complex contracts and special assignments, conducting cash flow and variance analyses that are crucial to our project success. You’ll also collaborate across teams—operational finance, commercial finance, and various other departments—to address revenue, cost structures, and contract particulars. Your knack for detail will shine as you prepare budgets and audits while developing and maintaining robust financial tools and dashboards to optimize our processes. But it’s not all about numbers; your mentorship will be invaluable as you guide your team members toward success. With a strong educational background and about five years of relevant experience under your belt, you’ll leverage your sophisticated analytical skills and keen business acumen to influence leaders and drive this mission forward. If you’re ready to elevate health outcomes worldwide while growing in a company that values integrity and innovation, look no further than Thermo Fisher Scientific!

Frequently Asked Questions (FAQs) for Senior Operations Finance Analyst Role at Thermo Fisher Scientific
What are the main responsibilities of the Senior Operations Finance Analyst at Thermo Fisher Scientific?

The Senior Operations Finance Analyst at Thermo Fisher Scientific focuses on financial management for complex contracts, project budgeting, cash flow, and variance analysis. This role also involves cross-functional collaboration to ensure accurate revenue and cost reporting and recommending process improvements.

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What qualifications are required for the Senior Operations Finance Analyst position at Thermo Fisher Scientific?

To qualify for the Senior Operations Finance Analyst position at Thermo Fisher Scientific, candidates should possess a Bachelor's degree in a relevant field, alongside at least five years of experience in financial analysis. Advanced accounting qualifications such as ACCA, CPA, or CIMA are highly advantageous.

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How does the Senior Operations Finance Analyst at Thermo Fisher Scientific support project management?

The Senior Operations Finance Analyst at Thermo Fisher Scientific plays a critical support role by providing financial guidance on project budgets, conducting variance analyses, and ensuring that all financial processes align with operational goals. This collaboration ensures optimal financial health for every project.

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What tools does a Senior Operations Finance Analyst at Thermo Fisher Scientific typically use?

In the role of Senior Operations Finance Analyst at Thermo Fisher Scientific, proficiency in Microsoft Excel, PowerPoint, and data analysis tools like Power BI and SQL is essential. Familiarity with SharePoint and VBA may also enhance efficiency and project presentation.

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What opportunities for career advancement exist for a Senior Operations Finance Analyst at Thermo Fisher Scientific?

Thermo Fisher Scientific provides excellent opportunities for career advancement for Senior Operations Finance Analysts, including professional development programs, leadership training, and the chance to take on special projects that can propel your career growth within the organization.

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Common Interview Questions for Senior Operations Finance Analyst
What experience do you have with financial analysis in complex projects?

When discussing your experience with financial analysis, highlight specific projects where you conducted variance analysis and cash flow management. Detail the tools you used, your contributions to project success, and any improvements you implemented in financial processes.

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How do you prioritize your workload when managing multiple contracts?

To effectively prioritize your workload when managing multiple contracts, share your approach to organization and time management. Discuss how you utilize tools or dashboards for tracking tasks and deadlines, and your communication strategy with team members and stakeholders.

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Can you describe a challenging financial problem you've solved?

To answer this question, describe a specific financial challenge, the action steps you took to analyze the problem, and the outcome. Emphasize your analytical skills and how your recommendations made a substantial impact on the project or organization.

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What financial reporting tools have you used in past roles?

Mention any financial reporting tools you have experience with, like SAP, Oracle, or Microsoft Excel. Discuss how you utilized these tools to gather, analyze, and present financial data effectively, contributing to organizational goals.

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How do you ensure accuracy in your financial reports?

Speak about the processes you follow for ensuring accuracy, such as reconciling data, double-checking figures, and seeking feedback from colleagues. Emphasize your attention to detail and the importance of accuracy in financial reporting at Thermo Fisher Scientific.

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What do you know about the financial goals of Thermo Fisher Scientific?

To answer this, you should reflect on what you’ve learned about the company's mission and financial objectives. Discuss how your role as a Senior Operations Finance Analyst will align with and contribute to achieving those goals.

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How do you handle tight deadlines in finance?

Describe your strategies for managing tight deadlines, such as prioritizing tasks based on importance, effective delegation, and maintaining open communication with team members to ensure alignment and support during busy periods.

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What role does teamwork play in your financial analysis?

Highlight the collaborative nature of financial analysis, mentioning how you rely on various teams, be it for data gathering or discussing project impacts. Emphasize the value of diverse perspectives and shared insights in achieving accurate financial outcomes.

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Describe a time when you had to influence senior management.

Choose an example where you presented financial insights or recommendations to senior management. Discuss your analytical approach, how you prepared for the meeting, and the outcome to showcase your persuasive abilities and executive presence.

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Why do you want to work for Thermo Fisher Scientific as a Senior Operations Finance Analyst?

Express your alignment with the company’s mission of making the world healthier, cleaner, and safer. Share how your skills and experiences as a Senior Operations Finance Analyst can contribute to these goals and how you are excited to be part of such an innovative organization.

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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 ...

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Full-time, on-site
DATE POSTED
December 18, 2024

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