Financial Analyst III

Thermo Fisher Scientific - Asheville, NC

Full-time - Mid Level

Asheville, NC

10,001+ employees

Computer and Electronic Product Manufacturing

About the position

We are looking for a highly motivated Financial Analyst to join our team at Thermo Fisher Scientific in Asheville, North Carolina. In this role, you will play a crucial role in providing analysis and support to various areas of our organization. This position requires effective analysis and communication with management to drive business decisions and provide financial support for Asheville site operations. This is a phenomenal opportunity for a motivated professional to contribute to the site's growth!

Responsibilities

• Aid in the financial planning and analysis process by preparing and analyzing financial forecasts, budgets, and variance analysis.
• Engage in effective collaboration with teams across different functions to support the development and consolidation of the Annual Operating Plan.
• Conduct detailed cost analysis to identify areas of improvement and cost-saving opportunities.
• Manage the timely and accurate loading of financial data into various systems, ensuring data integrity and consistency across platforms.
• Perform analysis and evaluation of capital expenditure projects, assessing financial viability, return on investment, and payback period of proposed capital investments.
• Analyze warranty data to identify trends, patterns, and potential cost implications, collaborating with cross-functional teams to develop strategies for improving product quality and reducing warranty expenses.
• Help in the month-end and year-end closing processes, preparing financial reports, reconciling accounts, and ensuring compliance with accounting standards and regulations.
• Monitor and analyze inventory levels, turnover, and obsolescence, collaborating with supply chain and operations teams to optimize inventory management practices and minimize carrying costs.
• Support New Product Introduction (NPI) and New Product Development (NPD) initiatives by evaluating the financial impact, return on investment, and profitability of new product launches.
• Assist in the planning and execution of cycle count audits to ensure accurate inventory counts and compliance with established procedures, providing financial analysis and insights related to inventory accuracy and valuation.
• Deliver financial analysis and support to drive productivity and operational efficiency in the organization, working closely with various department leaders to identify areas for resource optimization, cost reduction, and operational improvements.
• Collect and analyze operational data to create metrics that measure the organization's progress towards strategic objectives, delivering regular reports and presentations to communicate performance results to management.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field and 2+ years' of experience or 3-5 years' of proven experience as a Financial Analyst or similar role.
• Strong analytical and problem-solving skills.
• Proficiency in financial modeling and data analysis.
• Sophisticated knowledge of Microsoft Excel and financial software systems.
• Excellent communication and presentation skills.
• Ability to work independently and collaboratively in a team environment.
• Attention to detail and ability to meet tight deadlines.

Benefits

• Opportunities for professional development and growth within the company.
• Access to resources that support meaningful contributions to the world.