Work Schedule

Environmental Conditions

Job Description

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives.

How you will make an impact:

The Operations Finance Manager provides financial leadership and analysis across revenue, distribution, logistics, inventory, and cost accounting. This role partners with supply chain, warehouse, and operations teams to deliver reliable reporting, explain business performance, strengthen financial controls, and support sound operating decisions.

What you will do:

·       Oversee revenue accounting, reporting, and analysis, including review of sales trends, pricing, rebates, returns, warranty claims and other adjustments.

·       Support revenue forecasts and planning by analyzing volume, price, product mix, customer trends, and other relevant drivers.

·       Help maintain appropriate revenue recognition policies, procedures, and controls in accordance with applicable accounting standards.

·       Analyze distribution and logistics costs, including warehousing, transportation, and third-party service expenses.

·       Oversee inventory accounting, valuation, reconciliations, and reserve analysis.

·       Partner with operations and supply chain teams on cycle counts, physical inventories, inventory adjustments, and root-cause analysis of variances.

·       Monitor inventory levels, aging, obsolescence, and excess or slow-moving stock.

·       Manage standard costing processes, including cost updates, variance analysis, and review of bills of materials and labor or overhead assumptions, as applicable.

·       Maintain cost accounting procedures and controls and coordinate with relevant teams to resolve costing issues.

·        Analyze, interpret, and communicate the Rochester site’s actual performance versus budgets and forecasts. Responsible for partnering with manufacturing and distribution leadership to help develop the annual operating plan and monthly forecasts.

·         Leverage ERP systems to facilitate the daily and weekly reporting of financial metrics and scorecards for the operations / supply chain teams. Provide recommendations to enhance the current reporting tools.

· Perform monthly closing activities including journal entries, accruals, reporting and analysis.


How you will get here:

Requirements

• Bachelor’s degree in finance or related field.

• 5+ years of progressive finance or manufacturing accounting experience, including experience supporting operations, distribution, or supply chain.
• Experience with cost accounting, inventory accounting, revenue analysis, and financial planning / forecasting.
• Strong analytical skills and the ability to investigate variances, identify root causes, and communicate practical recommendations.
• Proficiency with spreadsheets and financial reporting tools; experience with an ERP system such as SAP preferred.
• Clear communication and collaboration skills, including the ability to work effectively with both finance and non-finance teams.
• Strong attention to detail, sound judgment, and the ability to manage competing deadlines.
  
  Travel requirements
  
  • 0% domestic/international travel required
  

Compensation and Benefits

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