• Financial Analyst II

    ThermoFisher Scientific (Pittsburgh, PA)


    Work Schedule

     

    Standard (Mon-Fri)

     

    Environmental Conditions

     

    Office

    Job Description

    **For Commercial or Operations Finance - you can reference additional job description templates on the Finance SharePoint site: https://thermofisher.sharepoint.com/sites/finance

    **Position:** Financial Analyst II, Band V

    **Reports** **To:** Manager, Finance – Healthcare Corporate Accounts

    **Location:** Pittsburgh

    COMPANY INFORMATION

    Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science, with revenues of more than $26 billion and approximately 75,000 employees globally. Our mission is to enable our customers to make the world healthier, cleaner and safer. We help our customers accelerate life sciences research, solve sophisticated analytical challenges, improve patient diagnostics, deliver medicines to market and increase laboratory productivity.

     

    This posting is to support the $1.9B Corporate Accounts Healthcare team and be a critical member of the Commercial Finance organization for our Healthcare vertical. This role drives business decisions through effective analysis and communication with the Corporate Accounts GPO leadership, Specialty Diagnostics and the Healthcare Market teams.  It is critical that this role builds solid relationships and remain closely connected to all Divisional and Corporate Finance teams to improve GPO contract implementation, contract maintenance, analysis and ultimately results for the total company.

    Key Responsibilities:

    + Be a strong business partner to the Commercial GPO Directors and Managers / Divisional Commercial Account Owners/ BU Finance, Pricing and Legal support teams.

    + Responsible for practicing policies, procedures, and processes to harmonize all aspects of GPO admin fees, GPO membership management withappropriate flexibilityto meet customer/market needs anddynamics

    + Coordinate and lead the management of all the Corporate Incentive rebates toprovideappropriate accrual guidance to division finance teams.

    + Provide financial support,analysisand insights for the Enterprise Leads to include gathering required pricing approvals & non-financial information aswellreview terms and conditions in close coordination with legal, & field fortimelysubmission.

    + Support the financial preparation of the Commercial monthly and quarterly business review (MBR’s and QBR’s) presentations by handling GPO account membership for precisereporting

    + Partner with Division / BU organization toestablishgrowth revenue targets for GPO Contracts

    + Provide qualified analytics and insights to drive Commercial action/behavior; Increase Commercial awareness/ownership of top-line and bottom-line investments.

    + Help drive contracting and pricing excellence through ad hoc projects aimed at improving Divisional practices and Implementation of price changes resulting from contract maintenanceactivity to include scheduled price increases stipulated in the contract and compliance price adjustments for noncompliant accounts.

    + Work closely with the GPO Leads to ensure positive outcomes for all new and existing contract terms and conditions/

    + Prepare ad-hoc financial analysis and analytical modeling via the use of multiplesystems

    + Bring forth ideas andparticipatein or lead cross-functional and continuous operational improvement projects driving efficiency and productivity for the entireteam

    Minimum Qualifications:

    + 3-5 years of meaningful experience in a sophisticated, multinational, multi-site environment

    + Bachelor’s degree in finance, accounting, or related field

    + Strong and persuasive communicator: crucial to have credibility within a complex, complicated environment and in the context of providing outstanding business partneringsupport

    + Desire to formulate and drive operational improvements, challenging thestatus quo

    + Demonstrated focus on being able to translate data and metrics into predictable, beneficial business insight.

    + Professional maturity and communication style to directly contact customers asneeded

    + Strong results orientation, bias for action

    Non-Negotiable Hiring Criteria:

    + Must have an outstanding attention to detail and strong processrigor

    + Ability to multi-task, prioritize and meet deadlines while delivering consistent,accurateand reliablework

    + Proven ability tooperateindependently with broad guidance against a framework of defined businessobjectivesin a matrixenvironment

    + Strong analytical skills and ability to apply those skills to influence and motivatechange

    + Effective verbal and written communication skills

    + Advanced use of Microsoft Excel

    + Proficient use of MS Office software (Outlook, Word, PowerPoint)

     

    Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

     

    Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.