Director, Operations Finance - Based in Rochester, NY Location
Thermo Fisher Scientific - Cleveland, OH
posted 5 months ago
About the position
Thermo Fisher Scientific Inc. is seeking a Director of Operations Finance, based in Rochester, NY, with the potential for relocation assistance. This position is critical in supporting the Laboratory Products Equipment (LPE) division, which is a significant business unit within the Laboratory Products Group, generating over $700 million in revenue. The successful candidate will lead a finance and accounting team of eight members, providing financial leadership and business partnership to the VP of Global Operations LPE. The role is essential for ensuring strong financial controls, compliance, and timely financial reporting in accordance with USGAAP and local requirements. The Director will also be responsible for identifying operational improvement opportunities and developing a robust finance team to support the business's growth in high-demand markets. In this role, the Director will partner with operations leadership to drive business performance, oversee the Annual Operating Plan (AOP) development, and manage monthly actuals and site forecasting for global operations, which includes manufacturing, distribution, logistics, supply chain, and inventory management. The Director will develop proactive reporting metrics to communicate financial risks and opportunities to senior management, ensuring alignment with the company's financial commitments. Additionally, the position requires a focus on building a culture of strong internal controls and adherence to company policies while leading the team to drive continuous improvement initiatives. The ideal candidate will possess a strong educational background, including an undergraduate degree in Business, Finance, or Accounting, with an MBA or CPA preferred. They should have at least 10 years of progressive business and leadership experience, particularly in a manufacturing environment, with a solid understanding of GAAP, cost accounting, and financial reporting. Experience in the Life Sciences industry is a plus, but not mandatory. The Director will need to demonstrate excellent communication skills, the ability to influence and engage with various stakeholders, and a commitment to fostering a diverse and inclusive workplace.
Responsibilities
- Provide finance and business partner leadership to the Global Operations Finance LPE team.
- Lead a finance and accounting team of 8 members with a span of control of 70.
- Ensure strong financial controls, compliance, and timely financial reporting consistent with USGAAP and local reporting requirements.
- Partner with operations leadership to drive business performance to meet short- and long-term objectives.
- Lead all aspects of AOP development, monthly actuals, and site forecasting for global operations.
- Develop proactive reporting metrics to communicate financial risks or opportunities to senior management.
- Drive the execution of the AOP by the accountable operations team members via robust business partner support.
- Own the capital appropriation process, including development of capital requests and alignment with LPE Leadership.
- Build an environment of strong internal controls and adherence to company policies.
- Lead the team to drive continuous improvement initiatives.
- Deliver valuable business analysis and models, defining and reporting meaningful financial and operational metrics.
- Collaborate with supporting functions to improve operational efficiency.
- Lead, develop, and inspire the finance team to meet business and finance objectives.
Requirements
- An undergraduate degree in Business, Finance, or Accounting is required.
- An MBA or CPA is strongly desired.
- Minimum of 10+ years of growing responsibility in 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.
- Knowledge of the Life Sciences industry is desired but not required.
- Excellent academic credentials and strong finance competence.
- Ability to influence and engage business partners, peers, and direct/indirect reports.
- Proficient verbal and written communication skills.
- Experience within FP&A or Controlling.
- Ability to articulate and demonstrate knowledge of key profit drivers for the business.
Nice-to-haves
- Experience in the Life Sciences industry is desired but not required.
- Experience working in a global, matrixed environment preferred.
Benefits
- 401(k)
- Caregiver leave
- Commuter assistance
- Dental insurance
- Disability insurance
- Employee assistance program
- Employee stock purchase plan
- Paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave)
- At least 120 hours paid time off (PTO)
- 10 paid holidays annually
- Accident and life insurance
- Short- and long-term disability insurance
- Tuition reimbursement
