Financial Business Analyst
Thermo Fisher Scientific (Silicon Valley/San Jose, California)

In one of the most exciting Divisions within ThermoFisher there is currently an open position for a strong Financial Business Analyst. The Liquid Chromatography Mass Spectrometry (LCMS) Product Line is a very successful Business Unit within the Scientific Instruments Division (SID). The LCMS products contribute to research and development projects of many pharmaceutical companies, universities and research laboratories. The Product Line has 4 manufacturing sites in the US and Europe and the annual revenue is $ 450M. One of the biggest sites within the Division is located in San Jose, CA. San Jose is also the place where many of the Division Leadership Team members are based. San Jose is in the centre of the Sillicon Valley which is a very nice place to live and work. 

Key Duties and Responsibilities:

Monthly financial close activities
Assist the Senior Financial Analyst in performing monthly financial close activities including update and maintenance of the General Ledger, analysis of manufacturing variances (material, labor & overhead) and reporting of results to facility management. Provide financial information and education to all levels of plant employees. Support the facility MIS function through system enhancement administration, providing database query capabilities, and consultation with users.  Maintain all accounting systems, review and audit output,and initiate corrective action where necessary. Develop and improve current reserve methodologies and processes for monthly reporting.

Accounting
Monitors and maintains Sarbanes Oxley documentation for all processes under this positions direction. Recommend and changes when appropriate. He or she assists in the development of product costs during the annual planning cycle and analyzes product costs developed for reasons and impact of the business. Perform costs simulations when required. Develop and ensure accuracy of product standard costs and overhead pool allocations.  Monitor and report on the facility’s performance against those baselines. Build best practice around the manufacturing sites within the Division.

Business Unit analysis
Assist in the development of the Annual Operating Plan under the direction of the Director of Finance. Build links between the several software applications via Business Intelligence tools. Build reports and analyze the data to support the Business Unit management team. Work with users of financial information systems to help in their understanding of the monthly, quarterly and yearly results. Prepare ad hoc reporting to aid in the understanding of financial results, forecasts and budget. Develop and improve reports together with the Business Analysts of the other Business Units for facilitating the new reporting requirements.

Minimum Education and Experience Requirements:

• Four-year degree in Accounting/Finance and greater than 2 years of cost accounting work experience, preferably in a manufacturing environment.
• CPA, CMA, or MBA a plus.
• Experience with factory accounting
• Qualified expertise in ERP finance and strong knowledge over the whole ERP Finance area

Knowledge, Skills and Abilities:

The job requires in depth knowledge of ERP software like SAP or Oracle, as well as experience with Business Intelligence software, for example TM1 or Cognos. Experience with Hyperion application System 9 is a pre. Strong teambuilding skills and a proven ability to work with a diverse group of people are key elements to be successful in the job. Good understanding of cost accounting and able to think “out of the box”.

 

 

Education: Bachelors Job Level: Experienced