Operations Finance Analyst

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 - enabling 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. With clinical trials conducted in 100+ countries and ongoing development of novel frameworks for clinical research through our PPD clinical research portfolio, our work spans laboratory, digital and decentralized clinical trial services. 

Your determination to deliver quality and accuracy will improve health outcomes that people and communities depend on – now and in the future.

The Operations Finance Analyst position is a home-based role within the US working under our Global Finance division. This role contributes to the achievement of financial and business objectives through accurate and timely reporting of revenue and costs for clinical trial projects. Works cross-functionally with operations, contracts and proposals, and finance throughout the project lifecycle.

Essential Functions:

• Administers the daily financial management of projects consisting of single service contracts and/or tactical accounts.
• Identifies issues related to contract modifications, contract values, and contract deliverables.
• Performs analysis of budget to actual data on monthly, quarterly, and annual bases and for revenue calculations and forecasting.
• Analyzes cost assignments, ensuring that all assigned projects adhere to accepted cost accounting standards.
• Performs regular profitability and cash flow analysis on assigned projects.
• Performs reconciliations of costs and revenues recognized for assigned projects.
• Tracks and maintains project information and budgets within the project accounting system.
• Coordinates with support staff to ensure sponsors are invoiced in a timely and accurate manner.

Education and Experience:

• Bachelor's degree or equivalent and relevant formal academic / vocational qualification. 
• Previous finance experience that provides the knowledge, skills, and abilities to perform the job (comparable to 0-2 years’ experience)
• 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, Abilities:

• Ability to function as an effective and respected partner to internal clients
• Ability to adapt quickly to new systems and processes
• Confidence to handle sensitive information and make sound recommendations
• Ability to juggle multiple tasks while still delivering high quality results
• Good analytical and quantitative skills and ability to handle data effectively
• 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, for roles with more technical focus previous experience with SharePoint / VBA / SQL / Power BI / RPA (comparable to 1+ years) will be an advantage.
• Solid understanding of accounting/financial principles and regulations/legal requirements, for roles with more accounting focus a professional accounting qualification – ACCA / CPA / CIMA or equivalent will be an advantage.

As part of the Project Accounting Center of Excellence (PACOE), the Financial Analyst position contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting.

- Participates in monthly and quarterly control testing procedures to ensure revenue recognition is complete and accurate.

- Facilitates audit testing by serving as the liaison between the external audit team and the corresponding Lab.

- Support initiatives for process changes to improve efficiency and global consistency.

- Participates in special projects as assigned.

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 0-25% as needed travel.