Commercial Finance Analyst I

Job Description

At Thermo Fisher Scientific, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life – To enable our customers to make the world healthier, cleaner and safer. We provide our teams with the resources needed to achieve individual career goals while taking science a step beyond through research, development and delivery of life-changing therapies.

The Commercial Analyst manages cross-functional proposal processes, stakeholders, and timelines to ensure contract proposals and modifications are completed accurately throughout the project lifecycle. Prepares and analyzes budgets and costing models based on client information contained in the Request for Proposal (RFP) and/or databases.

Essential Functions:

• Leads proposal bid and budget negotiation process, synthesizing detailed client requirements in collaboration with key internal stakeholders to determine appropriate resource and budget allocation.
• Assesses customer requirements and develops budget strategy and pricing to balance commercial and financial needs.
• Develops analyses of client budget to actual data, validate calculations and forecasting, and ensure accurate output of data in client required templates.
• Develops investigator grant budgets in accordance with the protocol, adapting pricing procedures to the specifics of therapeutic area, phase, site selection, and fair market value, etc.
• Finalizes documents for distribution to the customer and internal departments, performing quality control edits to ensure accuracy, proper data formatting and validation, and compliance with contract requirements.
• Ensures proposals concisely and accurately reflect strategy discussions, meet client needs, offer consistent messaging, include relevant differentiators, and convey value proposition and critical success factors.
• Builds productive internal / external working relationships. Contacts are primarily internal to the company with occasional external customer / vendor contact on routine matters.

Education and Experience:

• Bachelor's degree or equivalent and relevant formal academic / vocational qualification
• Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 0 to 2 years).
• In some cases an equivalency, consisting of appropriate education, training, and/or directly related experience will be considered sufficient for an individual to meet the requirements of the role.

Knowledge, Skills and Abilities:

• Ability to function as an effective and respected partner to clients
• Strong analytical and quantitative skills
• Confidence to handle sensitive information and make sound recommendations
• Ability to juggle multiple tasks while still delivering high quality results
• Strong written and oral communication skills
• Strong organizational and project administration skills
• High level of proficiency in Microsoft Excel and PowerPoint for analysis and presentation of data
• Solid understanding of financial principles and best practice

The salary range estimated for this position is $55,000 - $65,000. This position will also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. Actual compensation will be confirmed in writing at the time of offer. 

PPD values the health and well-being of our employees. We support and encourage individuals to create a healthy and balanced environment where they can thrive. Below is listed the working environment/requirements for this role:

Able to communicate, receive, and understand information and ideas with diverse groups of people in a comprehensible and reasonable manner.

Able to work upright and stationary for typical working hours.

Ability to use and learn standard office equipment and technology with proficiency.

Able to perform successfully under pressure while prioritizing and handling multiple projects or activities.

May require travel. (Recruiter will provide more details.)