Financial Analyst (Commercial Finance Business Partner)

Work Schedule

Environmental Conditions

Job Description

POSITION TITLE: Financial Analyst, Commercial Finance (FP&A)

HOW YOU WILL MAKE AN IMPACT?

Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with annual revenue of approximately $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team of more than 100,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. For more information, please visit www.thermofisher.com

Our Finance teams are important to the commercial and functional teams, partnering them to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Audit, Investor Relations to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives. As a Fortune 500 company, you’ll discover endless opportunities to grow a rewarding career as part of the world leader in serving science.

WHAT WILL YOU DO?

Southeast Asia and Taiwan (“SEATW”) as a growth engine for the company, has over 4000 employees, supporting more than 20 divisions or business units cross all functions from commercial to manufacturing, Finance, Legal, IT, etc.

This business-critical role will report to SEATW Commercial Finance Senior Manager who is located in Singapore. Key responsibilities are partnering with commercial stakeholders in the region to achieve top-line and profitability targets while managing operating expenses, delivering on standard FP&A workstreams including monthly financial close, commercial forecast, monthly / quarterly business reviews, annual operating plan, long terms strategic plan, and other ad-hoc analyses or projects.

(1) Support SEATW Chemical Analysis Division (“CAD”) financial reporting and analysis

• Lead CAD strategic plan ("STRAP"), annual operating plan ("AOP) and weekly / monthly / quarterly forecasting, business reviews and reporting process. Build templates to facilitate efficient and effective planning, reconciliation and reviews.
• Collaborate with commercial business partners, country and regional division finance teams to ensure key deliverables and timelines for business reviews / submissions are met.
• Understand the business, track and analyze monthly forecasts vs actuals for headcount, operating expenses, backlog, bookings and revenue by business units or product lines, providing quality financial analysis and commentaries on business drivers.
• Analyse funnels in Salesforce.com (SFDC) to support forecast roll-ups, assess opportunity pipeline, review win-loss ratios and drive funnel health.
• Communicate key risks and opportunities, identify corrective actions and partner with commercial business partners to meet/exceed growth targets.
• Manage pricing analysis, identify drivers for price erosion and actions to improve on price realization, including support of commercial teams on "Refuse To Lose" pricing application.
• Support consolidation / reporting of commercial P&L and sales effectiveness metrics.
• Work with Accounting and operational teams to manage working capital metrics (i.e. DSO, DOS) involving receivables and inventories.
• Lead capital expenditure planning and monitoring / review.
• Calculate, initiate and work cross-functionally to support monthly Sales Commission accrual and quarterly payout for the commercial team.
• Utilize and leverage financial reporting systems to extract data or build dashboards, as well as perform uploads into financial reporting systems as needed
• Use Hyperion Planning for loading of forecast and planning financial numbers.
• Proactively identify opportunities to drive process improvements and / or cost savings.
• Assist in special projects and ad-hoc financial analysis as required. Share best practices.

(2) Strong ability to work across the matrix structure

• Possess strong communication skills, with ability to work in and influence a complex matrix structure across divisions, functions and countries.
• Work autonomously in fast-paced environment, with good personal efficiency to prioritize, handle ambiguity, initiate escalation or follow-up where needed.
• Uphold compliance and keep commercial teams aware / in line with company and accounting guidelines, especially in relation to deal structure and transactions with customers.
• Participate actively and be the voice of Finance, supporting commercial Sales and collaborating across functions to drive business results.

WHAT DO WE LOOK FOR?

• Bachelor's degree in Accountancy, Finance or equivalent
• At least 3 years of progressive experience in MNC commercial finance or FP&A.
• Strong quantitative and analytical capabilities with advanced Excel skills.
• Applied knowledge of various ERP, reporting systems (e.g. Hyperion Financial Management, Hyperion Planning, Oracle, SAP, etc.) and business tools (e.g. SFDC, Power BI) would be an advantage.
• Strong verbal and written communication, with good interpersonal skills
• Adaptable and able to work under pressure, in a complex matrix environment
• Self-motivated and a keen learner with an inquisitive mind.
• Good team player who is hands-on, organized and meticulous.