Director, Operations Finance - Based in Rochester, NY Location

$145,500 - $218,250/Yr

Thermo Fisher Scientific - Rochester, NY

Full-time - Senior

Rochester, NY

10,001+ employees

Computer and Electronic Product Manufacturing

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 pivotal within the Laboratory Products Equipment (LPE) division, which generates over $700 million in revenue and serves various markets including Biotech, Pharma, Healthcare, Diagnostics, and Academia. The successful candidate will lead a finance and accounting team of eight members, providing essential financial leadership and business partnership to the VP of Global Operations LPE. The role emphasizes the importance of strong financial controls, compliance, and accurate 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 and efficiency. 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. They will develop proactive reporting metrics to communicate financial risks and opportunities to senior management, ensuring that the AOP is executed effectively by the operations team. The Director will also own the capital appropriation process, ensuring alignment with LPE leadership to meet financial commitments. A strong emphasis will be placed on fostering an environment of internal controls and adherence to company policies, while also leading the team in continuous improvement initiatives. The ideal candidate will possess a strong educational background 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 candidate should demonstrate excellent communication skills, the ability to influence and engage with various stakeholders, and a commitment to diversity and talent development within the team.

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 and accurate 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 and apply proactive, early indicator reporting metrics to communicate financial risk 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 and expectation of strong internal controls and adherence to company policies.
• Lead the team to drive continuous improvement every day.
• Deliver valuable business analysis and models, defining and reporting meaningful financial and operational metrics.
• Operate in strong alignment with supporting functions to improve operational efficiency.
• Remove barriers to execution across processes.
• Lead, develop, and inspire the 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.
• Experience in 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.
• Ability to lead the team with effective utilization of financial systems.
• 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.
• Strong influencing skills and experience within a matrixed working environment.
• Continuous Improvement approach: Identify process and control gaps and champion improvement initiatives.

Benefits

• 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 a 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.