Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives.
This business-critical role will report to Southeast Asia FP&A Manager, located in Singapore. Key responsibilities are partnering with Southeast Asia internal stakeholders in the region to drive profitable organic growth, managing full P&L and standard FP&A workstream including OPEX/OCOGS and Headcount forecast, monthly and quarterly business review, annual operations plan, long terms strategic plan, and ad hoc analysis and projects.
Key Duties and Responsibilities:
(1) Support SEA financial reporting and analysis
- Lead 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 sales, country and regional division finance teams to support business reviews / submissions requirements around P&L and sales effectiveness metrics
- Analyze and manage full P&L with technical accounting requirements spanning 5 divisions across SEA as well as alternate channel (India/Korea/Taiwan)
- Work closely with accounting, IT and commercial team to troubleshoot and drive accurate reporting across all P&L elements while providing support to services team
- Work with Accounting and operational teams to manage working capital metrics (i.e. DSO, DOS) involving receivables and inventories, where applicable.
- Calculate and work cross-functionally to support quarterly Sales Commission accrual and payout
- Leverage financial reporting systems to extract data or build dashboards, as well as perform uploads into Hyperion Planning tool for forecast and budgeting purposes.
- Proactively identify areas of process improvements
(2) Business partner with commercial team to drive growth and deliver on commitments
- Understand the business, track and analyze monthly forecasts vs actuals for headcount, operating expenses, COGS, backlog, bookings and revenue by business units or product lines
- Provide financial insights to support STRAP, MBR and AOP cycles
- Analyze funnels in Salesforce.com (SFDC) to support forecast roll-ups, assess opportunity pipeline, review win-loss ratios and drive funnel health with commercial leader.
- Communicate key risks and opportunities, identify corrective actions and interlock with commercial business partners and functional leaders to meet/exceed growth targets
- Manage pricing analysis, identify drivers for price erosion and actions to improve on price realization
- Partner with commercial to drive balanced and profitable growth across divisions' portfolio
(3) Strong ability to work across the matrix structure
- Possess strong interpersonal skills, with ability to work in and influence a complex matrix structure across divisions, functions and countries.
- Willing to take lead to resolve financial related issues across functions to improve financial accuracy
- 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 5-8 years of progressive experience in MNC services finance, commercial finance or FP&A
- Full P&L management capabilities, including bookings, revenue, COGS, Opex, Headcount, Capex & Working Capital (DOS & DSO)
- Accounting background and experience in SAP
- Comfortable working with senior management with strong business partnering skills
- Strong quantitative and analytical capabilities with advanced Excel skills.
- 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 teammate who is hands-on, organized, meticulous and able to work with ambiguity
- 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
- Experience on FP&A for services would be an advantage