Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
How You Will Make an Impact:
As a key member of the Operations Finance team, you will serve as a strategic business partner to Manufacturing, Supply Chain, Engineering, and Operations leadership. This role will focus heavily on cost accounting, standard cost integrity, and operational performance analysis.
You will play a critical role in reviewing and maintaining standard costs, including detailed analysis of Bills of Material (BOM), labor routings, and overhead absorption to ensure cost accuracy and financial transparency. You will provide financial analysis to support Operations team to understand the performance of the factory through various spend and cost reports and partner closely with Operations and Supply Chain to help drive achievement of targets.
This role is ideal for a hands-on operational finance professional who thrives in a fast-paced manufacturing environment, can manage multiple priorities effectively, and consistently delivers high-quality, actionable financial insights.
What You Will Do:
Lead monthly close activities related to manufacturing, including inventory, cost of goods sold, variances, and balance sheet reconciliations.
Review, validate, and maintain standard costs, including BOM structures, labor routings, and overhead rates.
Analyze manufacturing variances (purchase price, usage, labor, overhead, scrap, yield) and partner with operations to drive corrective actions.
Support annual standard cost roll and periodic cost updates within SAP.
Ensure integrity of inventory valuation and coordinate cycle counts and fixed asset counts.
Analyze spending and explain key variances versus AOP and forecast.
Prepare weekly scrap and MUV reporting.
Support site-level forecasts, AOP development, and business reviews with clear operational insights.
Drive continuous improvement, automation, and standardization of reporting and analytical processes.
Maintain strong internal controls and compliance with SOX, corporate policies, and statutory requirements.
Support cross-functional initiatives, special and ad-hoc operational projects.
Maintain strong internal controls and compliance with SOX, Corporate policies, and statutory requirements.
How you will get here:
Education
Experience
Knowledge, Skills, Abilities
Strong knowledge of cost accounting principles and manufacturing finance
Experience reviewing and analyzing Bills of Material (BOM) and production routings
Understanding of inventory accounting, absorption costing, and variance analysis
Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
Strong analytical skills with high attention to detail and consistent delivery of high-quality work
Advanced Excel skills required; SAP experience strongly preferred (Essbase, HFM a plus).
Effective verbal and written communication skills with ability to translate financial data into operational insights.
Strong collaboration skills; ability to work cross-functionally with manufacturing and engineering teams.
Self-motivated, proactive, and solutions oriented.
Continuous Improvement mindset with ability to identify process gaps and implement enhancements.
Travel requirements
Less than 5% domestic/international travel
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving science. Our mission is to enable our customers to make the world healthier, cleaner and safer. With revenues of nearly $11 billion, we have approximately 37,000 employees and serve customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as in environmental and process control industries. We create value for our key stakeholders through two premier brands, Thermo Scientific and Fisher Scientific, which offer a unique combination of continuous technology development and the most convenient purchasing options. Our products and services help accelerate the pace of scientific discovery, and solve analytical challenges ranging from complex research to routine testing to field applications.
All of our employees share a common set of values - Integrity, Intensity, Innovation and Involvement. Our ability to grow year after year is driven by our ability to attract, develop and retain world-class people who will thrive in our environment and share in our desire to improve mankind by enabling our customers to make the world healthier, cleaner and safer.
If you share in our values and if you're looking for an employer who is strongly committed to developing talent and rewarding achievement, come grow with us at Thermo Fisher Scientific.
Thermo Fisher Scientific is an Equal Employment Opportunity and Affirmative Action employer.