Senior Financial Analyst - Drug Substance FP&A

Thermo Fisher Scientific - Waltham, MA

Full-time - Mid Level

Waltham, MA

Computer and Electronic Product Manufacturing

About the position

The Senior Financial Analyst position within the Drug Substance Division (DSD) of the Pharma Services Group (PSG) is a pivotal role that supports the financial objectives of the organization. PSG is dedicated to manufacturing pharmaceutical vaccines and therapeutics, catering to a diverse clientele that includes both large pharmaceutical companies and smaller emerging firms. The DSD division specializes in providing Active Pharmaceutical Ingredients (API) for various therapeutic modalities, including small molecules, biologics, and advanced therapies such as mRNA, viral vectors, and cell therapy. In this role, the Senior Financial Analyst will be integral to the DSD finance team, focusing on planning, analysis, and reporting to achieve both near-term and long-term financial goals. The analyst will be responsible for driving initiatives aimed at enhancing the quality and efficiency of Financial Planning and Analysis (FP&A) deliverables. This includes collaborating with Business Unit and Site finance teams to identify opportunities for improvement and designing effective solutions. The analyst will also develop, standardize, and enhance analyses and reports that provide critical business and financial insights, supporting the monthly, quarterly, and annual forecasting and budgeting processes, including Management Business Reviews (MBR), Quarterly Business Reviews (QBR), and Annual Operating Plans (AOP). Additionally, the Senior Financial Analyst will partner with DSD's Business Units to analyze their financial plans, focusing on key areas such as revenue, sales, new product launches, pricing strategies, operating expenses, capital expenditures, and productivity improvements. The role requires collaboration with leadership and peers to promote knowledge sharing and implement continuous improvement practices throughout the organization. The analyst will also be expected to proactively learn and adopt new systems and tools to enhance analytics capabilities and accuracy.

Responsibilities

• Drive initiatives to improve the quality and efficiency of FP&A deliverables by coordinating with Business Unit/Site finance teams to identify improvement opportunities and design solutions.
• Develop, standardize, and improve analyses and reports to share business and financial insights, and support monthly/quarterly/annual forecasting and budgeting processes.
• Partner with DSD's Business Units to understand and analyze their financial plans in areas covering revenue, sales, new product launch, pricing, operating expenses, capital expenditures, and productivity improvements.
• Collaborate with leadership and peers to foster knowledge sharing and implement continuous improvement practices across the organization.
• Proactively learn and adopt new systems and tools to improve analytics capability and accuracy.

Requirements

• Bachelor's degree in accounting, Finance, Economics, or a Business-related field.
• 4+ years of relevant experience in finance.
• Prior experience in a large global company and highly matrixed organization.
• Proficient user of systems such as Excel, Hyperion, Hyperion planning, Power BI, Cognos, and PowerPoint.
• Effective verbal and written communication skills, able to summarize and present information in a concise and effective manner.
• Attention to detail and consistently delivering high-quality work.
• Good understanding of business processes, operations, and financial controls, able to identify control weaknesses in existing processes and recommend mitigation actions.