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Director, Strategic Finance

2 months ago

Wilmington, Delaware, United States Thermo Fisher Scientific Full time
Work Schedule
First Shift (Days)

Environmental Conditions
Office

Job Description

At Thermo Fisher Scientific, our mission is to enable our customers to make the world healthier, cleaner, and safer. With a team spanning 120,000+ colleagues worldwide, we share a common set of values - Integrity, Intensity, Innovation, and Involvement.

Together, we accelerate research, solve complex scientific challenges, drive technological innovation, and support patients in need. Our commitment to diversity and inclusion means that we value diverse experiences, backgrounds, and perspectives, creating a collaborative and inclusive environment where everyone can thrive.

PPD, the clinical research business of Thermo Fisher Scientific, has an opening for a part-time (24 hours/week) Director, Strategic Finance in our Wilmington, NC location.

The Director, Strategic Finance serves as a finance partner to the PPD finance, commercial, and operation teams through in-depth analysis and insight of cost and pricing trends, pricing strategy, and commercial term development for PPD businesses (clinical, labs and patient advisory services) and joint service offerings with other Thermo Fisher Scientific divisions.

The role creates value by optimizing commercial decisions and commercial term constructs. The role works across functional teams to develop efficient processes and frameworks that guide leadership to make informed decisions and implement strategic pricing initiatives. Success in this role requires the application of P&L and pricing analyses to assess operational and commercial performance and develop processes that influence organizational behavior.

Key objectives include:
  • Strategic finance partners to develop commercial constructs and complete pricing analysis for strategic opportunities and partnerships.
  • Partner with finance, commercial and operations teams to evaluate and adjust rates across service areas, including methodology and competitive benchmarking.
  • Develop, analyze and recommend MSA terms and partnership pricing, including joint bids and comprehensive offerings with other Thermo Fisher business units, such as Pharma Services Group (PSG).
  • Collaborate with finance, commercial and operations to manage pricing strategy, profit margin targets and discount approval processes by service area and segment.
  • Work with finance teams to develop service area standard costing and margin profiles.
  • Coordinate with sales operations and finance to track and analyze commercial and financial metrics associated with proposals and authorizations.
  • Work with FP&A to track actual project margin versus bid margin on an on-going basis for projects and to help inform pricing strategies.
  • Supporting commercial finance leader for process improvement initiatives to streamline and improve proposal or mod process.
Education and Experience:
  • Bachelor's degree or equivalent and relevant formal academic / vocational qualification
  • Previous finance experience that provides the knowledge, skills, and abilities to perform the job (comparable to 12+ years' experience)
  • 5+ years of management responsibility
  • MBA Degree (preferred but not required)
  • In some cases an equivalency, consisting of appropriate education, training, and/or directly related experience will be considered sufficient for an individual to meet the requirements of the role.
Knowledge, Skills and Abilities:
  • Experienced client negotiator with in-depth knowledge of pricing terms
  • Proactive leader with strong business acumen and intellectual curiosity
  • Ability to exercise judgment and decision-making; Supported by superior skills in financial research and analysis, financial modeling, and risk management.
  • Ability to lead and manage large project teams including a demonstrated track record of setting goals, communicating plans, monitoring progress, and achieving results in a high-performing team environment.
  • Proven business acumen with ability to understand complex organizational structures and environments.
  • Ability to function as an effective and respected partner to internal clients at all levels of the organization.
  • Demonstrated ability to influence at all levels of the organization.
  • Excellent problem-solving skills (including research, reporting and analytical skills)
  • Advanced level of skill in Microsoft Excel and PowerPoint for analysis and presentation of data
  • Strategic and creative thinking; Strong communications skills with storytelling approach to presentations
  • Proven ability to effectively delegate and balance work and deliver against competing demands.
PPD values the health and well-being of our employees. We support and encourage individuals to create a healthy and balanced environment where they can thrive. Below is listed the working environment/requirements for this role:
  • Able to communicate, receive, and understand information and ideas with diverse groups of people in a comprehensible and reasonable manner.
  • Able to work upright and stationary for typical working hours.
  • Ability to use and learn standard office equipment and technology with proficiency.
  • Able to perform successfully under pressure while prioritizing and handling multiple projects or activities.
  • May require as-needed travel (0-20%).
Our Mission is to enable our customers to make the world healthier, cleaner and safer. Watch as our colleagues explain 5 reasons to work with us. As one team of 100,000+ colleagues, we share a common set of values - Integrity, Intensity, Innovation and Involvement - working together to accelerate research, solve complex scientific challenges, drive technological innovation and support patients in need. #StartYourStory with PPD, part of Thermo Fisher Scientific, where diverse experiences, backgrounds and perspectives are valued.

Apply today

Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.

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