Director, Operations Finance - Based in Rochester, NY - Relocation Offered
Thermo Fisher Scientific - Waltham, MA
posted 4 months ago
About the position
Thermo Fisher Scientific Inc. is seeking a Director of Operations Finance, based in Rochester, NY, with relocation offered. This position is critical in supporting the Laboratory Products Equipment (LPE) business, which generates over $700 million in revenue and serves various markets including Biotech, Pharma, Healthcare, and Academic sectors. The successful candidate will lead a finance and accounting team of 8 members and will be the primary business partner to the VP of Global Operations LPE. This role is essential for ensuring strong financial controls, compliance, and timely financial reporting in accordance with USGAAP and local requirements. The Director will also provide decision support, identify operational improvement opportunities, and develop a robust finance team. In this role, the Director will partner with operations leadership to drive business performance, lead 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 or opportunities to senior management and will oversee the capital appropriation process, ensuring alignment with LPE leadership to meet financial commitments. The Director will foster an environment of strong internal controls and adherence to company policies while leading the team to drive continuous improvement. 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 a minimum of 10 years of progressive business and leadership experience, particularly in a manufacturing environment, and should be adept in GAAP, cost accounting, and financial reporting. Experience in a global, matrixed environment and within the Life Sciences industry is desirable but not mandatory. The Director will be expected to exhibit strong leadership, initiative, and the core values of Thermo Fisher Scientific: Integrity, Intensity, Innovation, and Involvement.
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 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.
- Oversee 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 and provide financial leadership as an active business partner.
- Deliver valuable business analysis and models, defining and reporting meaningful financial and operational metrics.
- Collaborate with supporting functions to improve operational efficiency and remove barriers to execution.
- 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.
- 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.
- Knowledge of Practical Process Improvement (PPI) methodologies.
Benefits
- 401(k)
- Caregiver leave
- Commuter assistance
- Dental insurance
- Disability insurance
- Employee assistance program
- Employee stock purchase plan
- 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
- Short- and long-term disability insurance
- Tuition reimbursement
