Operations Finance Specialist

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

Job Description

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.

 

Discover Impactful Work:

An Operations Finance Specialist I, Contributes to the achievement of financial and business objectives through accurate and timely financial analysis and reporting. Works cross-functionally with operations, commercial finance, and finance to resolve issues related to any of the following: revenue, costs, contract values, billing, balance sheet management, financial reporting, financial tools and processes.

 

A day in the Life:

• Reviews all project budgets (proposals and contract modifications) to ensure that the budget includes all items incurred to date, pricing is correct, and there are no billing errors
• Ensures adequate communication and escalation of billing or pricing issues discovered during the review of contract modifications
• Reconciles actual items billed to budgeted line items to aid in the creation of reconciliation contract modifications
• Performs project close out reconciliations, which includes the verification of invoicing vs revenue amounts in Mosaic, notifying Collections of any overdue A/R, verification of Third-Party Labs invoicing, and ensuring that manually billed items have been invoiced to the Sponsor
• Maintenance of internal systems for all sent and signed contracts
• Ensure that monthly accruals are provided to Sponsors in the appropriate time and format
• Future responsibilities to include but not limited to support for preparation of monthly volume rebate reports, preparation of periodic governance/portfolio financial reporting, project and portfolio level forecasting, etc…

 

Keys to Success:

 

Education

• Bachelor's degree or equivalent and relevant formal academic / vocational qualification

 

Experience

• Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 2 years).

 

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 critical 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.

 

Physical Requirements / Work Environment

• Ability to access and use a variety of computer software developed both in-house and off-the-shelf.
• Ability to communicate information and ideas so others will understand; with the ability to listen to and understand data and ideas presented through spoken words and sentences.
• Frequently interacts with others to obtain or relate information to diverse organizations.
• Works independently with little guidance or reliance on oral or written instructions and plans work schedules to meet goals. Requires multiple periods of intense concentration.
• Performs a wide range of variable tasks as instructed by variable demands and changing conditions with little predictability as to the occurrence. Ability to perform under stress. Ability to multi-task.

Thermo Fisher Scientific Inc. is an equal opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees. We believe that by embracing individual differences, we can drive innovation and achieve even greater success.

 

Don't miss this ambitious opportunity to join a leading global company and make a significant impact on our team. Apply now and be part of our success story!