Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

We are looking for a highly motivated Financial Analyst to join our team. In this role, you will play a crucial role in providing analysis and support to various areas of our organization. This position requires effective analysis and communication with management to drive business decisions and provide financial support for Asheville site operations. This is a phenomenal opportunity for a motivated professional to contribute to the site's growth!

Responsibilities:

• FP&A Support: Aid in the financial planning and analysis process by preparing and analyzing financial forecasts, budgets, and variance analysis. Provide insights and recommendations to support strategic decision-making.
• AOP Support: Engage in effective collaboration with teams across different functions to support the development and consolidation of the Annual Operating Plan. Assist in the preparation of financial models, budgets, and forecasts aligned with organizational goals.
• Cost Analysis: Conduct detailed cost analysis to identify areas of improvement and cost-saving opportunities. Analyze cost drivers, pricing structures, and profitability to support business decisions.
• Data Loads: Manage the timely and accurate loading of financial data into various systems. Ensure data integrity and consistency across platforms.
• CAPEX Analysis: Perform analysis and evaluation of capital expenditure projects. Assess the financial viability, return on investment, and payback period of proposed capital investments.
• Warranty Analysis: Analyze warranty data to identify trends, patterns, and potential cost implications. Collaborate with cross-functional teams to develop strategies for improving product quality and reducing warranty expenses.
• Period End Close Tasks: Help in the month-end and year-end closing processes. Prepare financial reports, reconcile accounts, and ensure compliance with accounting standards and regulations.
• Inventory Analysis: Monitor and analyze inventory levels, turnover, and obsolescence. Collaborate with supply chain and operations teams to optimize inventory management practices and minimize carrying costs.
• NPI and NPD Financial Analysis: Support New Product Introduction (NPI) and New Product Development (NPD) initiatives. Evaluate the financial impact, return on investment, and profitability of new product launches.
• Cycle Count Audit Support: Assist in the planning and execution of cycle count audits to ensure accurate inventory counts and compliance with established procedures. Collaborate with the inventory control team to reconcile any discrepancies and identify root causes of inventory discrepancies. Provide financial analysis and insights related to inventory accuracy and valuation.
• Productivity Support: Deliver financial analysis and support to drive productivity and operational efficiency in the organization. Work closely with various department leaders to identify areas for resource optimization, cost reduction, and operational improvements. Analyze productivity metrics and offer actionable recommendations to improve performance.
• Tracking and Reporting Operational Performance: Collect and analyze operational data to create metrics that measure the organization's progress towards strategic objectives. Deliver regular reports and presentations to communicate performance results to management and other involved parties. Work with relevant teams to ensure precise and timely data collection and reporting.

Requirements:

• Bachelor's degree in Finance, Accounting, or a related field and 2+ years' of experience or 3-5 years' of proven experience as a Financial Analyst or similar role.
• Strong analytical and problem-solving skills.
• Proficiency in financial modeling and data analysis.
• Sophisticated knowledge of Microsoft Excel and financial software systems.
• Excellent communication and presentation skills.
• Ability to work independently and collaboratively in a team environment.
• Attention to detail and ability to meet tight deadlines.

When you are part of the team at Thermo Fisher Scientific, you will do important work that supports a powerful mission. With revenues of more than $35 billion and a track record of stability and consistent growth, we are uniquely able to give our people the resources and chances to create meaningful contributions to the world.