Director Finance - Bioprocessing Equipment & Automation Business Unit

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives.

How you will make an impact:

• Bioprocessing Equipment and Automation, BEA BU is a large business unit within Single-Use Technologies Division (SUD) in the Bioproduction Group (BPG) with revenues ~$500M. This business offers a variety of equipment and consumable products and solutions for high growth applications in support of Biotech, Pharmaceutical and CDMO customers.
• Seeking a Finance Director who will provide business/finance leadership, partnership and collaboration on business matters and strategy with the BEA leadership team.
• This role will develop and lead a senior financial analyst, be the primary business partner for the BEA VP/GM, and will work closely with Division Finance, SUD BU finance and Operations teams.
• This finance leader ensures strong financial controls, compliance, timely and accurate financial reporting, consistent with USGAAP and local reporting requirements and will partner with Accounting/GBS and Regional Finance teams. In addition, the position holder will provide valuable decision support, identify, and implement operational improvement opportunities and develop a strong and influential leadership impact.

What you will do:

• Partner with BU leadership to drive business, industry, and competitive analysis to support strategy choices as part of the Annual Strategy Process (STRAP). Lead investment modeling for organic and inorganic opportunities.
• Lead all aspects of Annual operating Plan (AOP) development, monthly actuals and forecasting for the global Flex BU and communicate financial risk and opportunities in a timely manner to senior management. This will require influencing functions in the BU, Division and BPG Group. It also includes pro-actively collaborating with a matrixed finance organization across the SUD Division, Bioproduction and Life Sciences Groups and Global Business Service (GBS).
• Actively collaborate with the Flex BU for all Supply chain, forecasting and product operations aspects of the Consumables business.
• Own and deliver improvements to operating mechanisms as a trusted leader of the BU LT for all aspects of the hardware business. Seek to own and improve opportunities even beyond traditional finance role.
• Deliver valuable business analysis and models, define, and report meaningful financial and business metrics that provide early indicators and lead to timely business decision-making. Drive execution of the AOP by the accountable team members via robust business partner support.
• Partner with Operations Leadership and Operations Finance for Supply network design and Supply chain processes (e.g., SIOP, Inventory controls, E&O etc.)
• Partner with Product management, Service/ Project teams and R&D to drive value for the business in line with the strategy and AOP priorities.
• Build an environment and expectation of strong internal controls and adherence to company policies.
• Lead team to drive continuous improvement every day. Build and develop strong teams.

How you will get here:
Requirements

Education:

• Bachelor's degree in accounting, Finance, Economics, or Business-related field required, CPA, MBA a plus. Data analytics skills and learning agility for technology a must.

Experience and Skills

• 10+ years of Finance experience
• Excellent academic credentials and strong finance skills
• Experience in leading and running a distributed team, global experience a plus.
• Prior experience in a large global company and highly matrixed organization
• Proficient at understanding and proactively communicating the financial implications of business decisions and dynamics.
• Strong skills to influence and own results in a matrixed organization.
• Excellent spoken and written communication skills are required to collaborate with various partners.
• Able to deliver high quality effective presentation and understands and deploys best tools / methods to effectively communicate complex topics
• Self-motivated, higher level of flexibility and strong work ethic with the goal to get the job done

Travel requirements
• 10% domestic/international travel required

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $160,100.00–$230,000.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• 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 our 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

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards