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Thermo Fisher Scientific

Sr Manager, Commercial Finance - Large Molecule

Posted 4 Days Ago
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In-Office
Waltham, MA, USA
130K-177K Annually
Senior level
In-Office
Waltham, MA, USA
130K-177K Annually
Senior level
Lead commercial finance for Large Molecules: provide financial analysis, manage monthly/quarterly reviews, support pricing/deal modeling and quote approvals, collaborate with FP&A and commercial teams, drive reporting automation, and manage a small commercial finance team while coaching and influencing leadership.
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Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

When you are part of the team at Thermo Fisher Scientific, you'll do meaningful work that makes a positive impact on a global scale! Join 80,000 colleagues who bring our Mission to life every day to enable our customers to make the world healthier, cleaner and safer. You'll find the resources here to achieve your career goals and help take science a step beyond by developing solutions for some of the world's toughest challenges. This includes protecting the environment, making our food is safe, and helping find cures for cancer.

The Sr. Manager, Commercial Finance is part of the Large Molecules business unit within the Drug Substance Division, part of PSG Pharma Services Group, one of the fastest growing areas of Thermo Fisher Scientific.

DESCRIPTION

How will you make an impact?

The Commercial Finance Manager will have exposure to the leadership team of the Large Molecule business Unit and will play a critical role in driving the financial performance of the company by managing commercial deals, pricing, and quotes. This role requires close alignment with the commercial team regarding sales forecasting and involves various financial analysis and reporting tasks. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work collaboratively with cross-functional teams.

Key Responsibilities:

  • Provide timely financial analysis and insights to support decision-making and drive business performance
  • Manage the monthly & quarterly business review process by providing accurate business analytics
  • Conduct ad-hoc pricing and profitability analysis for the senior leadership team and act as a sparring partner to commercial sales partners to generate key assumptions and drivers for decision support
  • Manage internal quote approvals incl. deal modeling for non-standard deals considering major commercial terms
  • Own the deal approval matrix and process incl. evaluation of deal economics
  • Collaborate closely with site finance FP&A teams to understand variances to budget and forecast, providing insights into the financial impact of future transactions and decisions
  • Independently conduct ad hoc data analysis to identify business insights and observations
  • Support adoption of technology for stronger data governance, automated reporting, and scaling business to greater insights / predictions
  • Lead through change and manage an efficient commercial finance team with 1 direct report
  • Provide coaching and development opportunities to team members and foster a collaborative and high-performance team environment within the Division and Group level

REQUIREMENTS

Qualifications:

  • 7+ years of finance and business partnerships experience
  • Bachelor’s degree in finance, economics, statistics, or related fields
  • Strong financial analysis, problem solving, critical thinking and analytical skills
  • Ability to navigate in a matrix environment and across functional and global structures
  • Self-motivated, high level of flexibility and strong work ethic with the goal of getting the job done
  • Excellent communication and interpersonal skills
  • Proficiency in financial modeling and forecasting
  • Empower, engage and influence team, business partners and leadership
  • Embraces challenges in a continuously evolving environment and is a team player
  • Experience with Hyperion Planning, SmartView, Power BI or similar systems and advanced Excel skills

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $130,000.00–$177,200.00.

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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