Thermo Fisher Scientific

Financial Analyst III

Thermo Fisher Scientific Tewksbury, Massachusetts, United States · $83K–$125K/yr

Biotechnology Research · 10,001+ employees

Yesterday
financial-analyst Mid (2-5 yrs) Full-time United States
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About the role

The Financial Analyst will partner with cross-functional teams to drive financial performance, operational efficiency, and inventory accuracy at the production site. Responsibilities include managing monthly business reviews, contributing to annual budgeting, and delivering detailed COGS variance analysis.

What they look for

Financial analysis FP&A Controlling Manufacturing finance Excel PowerBI Hyperion financial management Budgeting Scenario modeling Inventory management COGS variance analysis Data-driven narratives Financial modeling Process improvement Communication Team building

Requirements

Candidates must hold a bachelor's degree in accounting or finance and possess at least 3 years of relevant experience. Proficiency in advanced Excel and PowerBI is required, along with strong analytical and problem-solving capabilities.

Benefits

Medical plan Dental plan Vision plan Health incentive programs Employee assistance program Family support programs Commuter benefits Tuition reimbursement Paid time off Paid holidays Paid parental leave Accident insurance Life insurance Short-term disability Long-term disability 401(k) retirement savings plan Employees’ stock purchase plan

Full description

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office, Some degree of PPE (Personal Protective Equipment) required (safety glasses, gowning, gloves, lab coat, ear plugs etc.)

Job Description

Job Title: Operations Finance Analyst

Location: Tewksbury, MA (on-site)

Division/Business Unit: Laboratory Products Group -> Laboratory Chemicals Division -> Wardhill, MA

How You Will Make an Impact:

As a key member of the LCD Operation Finance team, you will partner closely with cross- functional teams to drive financial performance, operational efficiency, inventory accuracy and strategic decision making at both the Wardhill production site and division level. You will deliver clear financial insights that guide actions in production, supply chain, and continuous improvement, while ensuring accurate and timely reporting.

This role is ideal for a highly analytical, business-minded finance professional who enjoys a fast-paced environment and wants to make a measurable impact on manufacturing performance and profitability.

What You Will Do:

  • Support weekly, monthly, and quarterly reporting for LCD division business reviews with clear visuals and commentary
  • Own division monthly business reviews process and slide deck for operations and finance
  • Contribute to annual budgeting: scenario modeling and cross-functional alignment
  • Partner with operations to build data-driven narratives and forward-looking alignment at both the site and division level
  • Steward inventory: monitor excess & obsolete, audit cycle counts
  • Deliver concise COGS variance analysis and interpretation (vs. budget, forecast, prior year)
  • Collaborate across functions(operations & supply chain) to standardize, enhance, and automate reporting across the division. 
  • Prepare headcount, labor utilization, overtime reporting, and cost center reporting for site and division.
  • Validate productivity savings (including labor efficiency) and Sourcing savings.
  • Lead ad hoc analysis and financial modeling to guide business decisions
  • Continuously seek and implement process improvements
  • Own CAPEX reporting for site and division.
  • Act as backup to the Site Finance Lead when needed

How you will get here:

Education

Bachelor’s degree in accounting/finance.

Experience

3+ years of relevant finance experience

Knowledge, Skills, Abilities

Prior experience in FP&A or Controlling, experience in a manufacturing setting preferred.

Strong analytical thinking, curiosity, and problem-solving

Ability to manage competing priorities in a high-paced setting

Advanced Excel skills and PowerBi knowledge required

Experience with Hyperion Financial Management(HFM) is preferred

Effective verbal and written communication skills

Strong team building skills and ability to work with diverse and geographically dispersed teams.

Identify process and control gaps and champion improvement initiatives through PPi.

Exhibit leadership, initiative, and the Thermo Fisher Scientific 4i values of Integrity, Intensity, Innovation, and Involvement.

Travel requirements

Less than 5% domestic/international travel

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

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