Director, Finance

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

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 efficiency in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our distributed 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.

How you will make an impact:

Laboratory Products Equipment (LPE) is a $700M+ business within the Laboratory Products Group (LPG), which offers a broad set of differentiated consumable products primarily serving Biotech, Pharma, Healthcare, Diagnostic and Academic markets. LPE is a global business with 4,000 employees, 8 manufacturing sites and numerous distribution hubs, supported by a global finance team. The business has significant exposure to high growth markets and is focused on providing fit for purpose solutions to our customers!

Seeking a Finance leader who will provide finance and business partner leadership to the Global Operations Finance LPE team. They will lead a finance and accounting team of 8 members with a span of control of 70 and be the primary business partner to VP Global Operations LPE. This role will ensure strong financial controls, compliance, and timely and accurate financial reporting, consistent with USGAAP and local reporting requirements. In addition, the position holder will provide valuable decision support, identify, and implement operational improvement opportunities and develop a strong finance team. The location of this job is preffered to be in Rochester, NY, but may also be in Waltham, MA, or Pittsburgh, PA and will report directly to Sr. Director Finance, LPE.

What you will do:

• Partners with operations leadership in driving business performance to meet short- and long-term objectives

• Lead all aspects of AOP development, monthly actuals and site forecasting for global operations which is comprised of manufacturing, distribution & logistics, supply chain, sourcing, inventory, E&O and other period costs activities

• Develops and applies proactive, early indicator reporting metrics to communicate financial risk or opportunities in a timely manner to senior management

• Drives the execution of the AOP by the accountable operations team members via robust business partner support

• Ownership of capital appropriation process which includes development of capital requests and alignment with LPE Leadership to achieve financial commitments

• Builds an environment and expectation of strong internal controls and adherence to company policies

• Leads team to drive continuous improvement every day

• Other ad-hoc duties as required and/or assigned

• Provide financial leadership and be an active business partner

• Deliver valuable business analysis and models, as well as define and report meaningful financial and operational metrics that lead accurate business decision-making

• Operate in strong alignment with the other supporting functions (i.e. Quality, Engineering, Supply Chain, PPI, Procurement) to constantly improve the operational efficiency

• Remove barriers to execution across processes

• Lead, develop and inspire the team to meet the business and Finance objectives

How you will get here:

Education

• An undergraduate degree in Business, Finance, or Accounting is required with validated ability

• An MBA or CPA is strongly desired

Experience

• The candidate should have a minimum of 10+ years of growing in responsibility business and leadership experience

• Manufacturing background with in-depth knowledge of GAAP, cost accounting, and financial reporting for a manufacturing organization

• Experience working in a global, matrixed environment preferred

• Experience in the Life Sciences industry is desired but not required

Knowledge, Skills, Abilities

• Ideal candidate will possess excellent academic credentials and strong finance competence

• Ability to influence and engage business partners, peers, direct/indirect reports; Have ability to effectively collaborate with leadership.

• Ability to lead the team with effective utilization of financial systems

• Proficient verbal and written communication skills

• Leader in resourcing talent and diversity, involved in all parts of the hiring and development process

• Experience within FP&A or Controlling

• Ability to articulate and demonstrate knowledge of key profit drivers for the business; understand market forces and their impact on future business prospects

• Challenge assumptions and identify value creation opportunities

• Effective communication at every level of the organization

• Strong influencing skills and experience within A matrixed working environment

• Continuous Improvement approach: Identify process and control gaps and champion improvement initiatives through Practical Process Improvement (PPI)

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

Travel requirements

• Less than 25% domestic/international travel required

Compensation and Benefits

The salary range estimated for this position based in New York is $145,500.00-$218,250.00.

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