Operations Finance Manager

Thermo Fisher

United States

Remote

USD 95,000 - 142,000

Full time

5 days ago
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Benefits offered by this job

Total Rewards package
PTO 120 hours + holidays
401(k) plan
ESPP

Job summary

Thermo Fisher Scientific seeks an Operations Finance Manager at our Rochester, NY site to lead revenue, cost, and inventory accounting and to drive reliable financial reporting. You will partner with supply chain and operations to support planning, costing, and performance analyses.

Qualified candidates have a Bachelor's in finance/accounting or related field and 3–5+ years in finance or manufacturing accounting, with SAP experience and strong analytical, communication, and collaboration skills.

Qualifications

  • Bachelor’s degree in finance, accounting, business, or related field.
  • 3–5+ years of progressive finance or manufacturing accounting experience.
  • Experience with cost accounting, inventory accounting, revenue analysis, and forecasting.
  • Strong analytical skills and ability to investigate variances and root causes.
  • Proficiency with spreadsheets and financial reporting tools; SAP preferred.
  • Clear communication and collaboration with finance and non-finance teams.

Responsibilities

  • Oversee revenue accounting, reporting, and analysis including sales trends and rebates.
  • Support revenue forecasts by analyzing volume, price, product mix, and trends.
  • Maintain revenue recognition policies and controls per standards.
  • Analyze distribution and logistics costs including warehousing and transport.
  • Oversee inventory accounting, valuations, reconciliations, and reserves.
  • Partner with operations on cycle counts, inventories, and variances analysis.
  • Monitor inventory levels, aging, obsolescence, and slow-moving stock.
  • Manage standard costing, bills of materials, and labor/overhead assumptions.
  • Coordinate cost accounting procedures and issue resolution with teams.
  • Analyze site performance vs budgets and forecasts; support operating plan and forecasts.
  • Leverage ERP reporting tools for daily/weekly metrics and scorecards; suggest improvements.
  • Perform monthly closings including journals, accruals, reporting, and analysis.

Skills

Revenue analysis
Cost accounting
Inventory accounting
Forecasting
Financial analysis
Cross-functional collaboration
Spreadsheet skills
ERP systems
Communication
Attention to detail

Education

Bachelor's degree in finance, accounting, business, or related field

Tools

SAP

Job description

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.

The Operations Finance Manager provides financial leadership and analysis across revenue, distribution, logistics, inventory, and cost accounting. This role partners with supply chain, warehouse, and operations teams to deliver reliable reporting, explain business performance, strengthen financial controls, and support sound operating decisions.

Location Requirement

This position requires daily on-site support at our Rochester, NY facility located at 75 Panorama Creek Drive. Relocation and remote work are not available for this role.

Responsibilities
  • Oversee revenue accounting, reporting, and analysis, including review of sales trends, pricing, rebates, returns, warranty claims and other adjustments.
  • Support revenue forecasts and planning by analyzing volume, price, product mix, customer trends, and other relevant drivers.
  • Help maintain appropriate revenue recognition policies, procedures, and controls in accordance with applicable accounting standards.
  • Analyze distribution and logistics costs, including warehousing, transportation, and third-party service expenses.
  • Oversee inventory accounting, valuation, reconciliations, and reserve analysis.
  • Partner with operations and supply chain teams on cycle counts, physical inventories, inventory adjustments, and root-cause analysis of variances.
  • Monitor inventory levels, aging, obsolescence, and excess or slow-moving stock.
  • Manage standard costing processes, including cost updates, variance analysis, and review of bills of materials and labor or overhead assumptions, as applicable.
  • Maintain cost accounting procedures and controls and coordinate with relevant teams to resolve costing issues.
  • Analyze, interpret, and communicate the Rochester site's actual performance versus budgets and forecasts. Responsible for partnering with manufacturing and distribution leadership to help develop the annual operating plan and monthly forecasts.
  • Leverage ERP systems to facilitate the daily and weekly reporting of financial metrics and scorecards for the operations / supply chain teams. Provide recommendations to enhance the current reporting tools.
  • Perform monthly closing activities including journal entries, accruals, reporting and analysis.
Requirements
  • Bachelor's degree in finance, accounting, business, or related field required.
  • 3-5+ years of progressive finance or manufacturing accounting experience, including experience supporting operations, distribution, or supply chain.
  • Experience with cost accounting, inventory accounting, revenue analysis, and financial planning / forecasting.
  • Strong analytical skills and the ability to investigate variances, identify root causes, and communicate practical recommendations.
  • Proficiency with spreadsheets and financial reporting tools; experience with an ERP system such as SAP preferred.
  • Clear communication and collaboration skills, including the ability to work effectively with both finance and non-finance teams.
  • Strong attention to detail, sound judgment, and the ability to manage competing deadlines.
Travel requirements
  • 0% domestic/international travel required
Compensation and Benefits

The salary range estimated for this position based in New York is $94,600.00-$142,000.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

  • A choice of national medical and dental plans, and a national vision plan, including health incentive programs
  • Employee assistance and family support programs, including commuter benefits and tuition reimbursement
  • At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
  • Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
  • Employees' Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards

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