Work Schedule

Environmental Conditions

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.

Finance Analyst – KAM Team

A Finance Analyst in the KAM Team plays a critical role in managing supplier financial processes, ensuring accuracy, and driving efficiency in procurement and accounts payable functions. This role involves analyzing price differences, reconciling supplier accounts, proactively resolving overdue invoices, and supporting strategic financial reporting.

Key Responsibilities:

· Stakeholder Collaboration: Act as a key point of contact for Requestors, Buyers, Suppliers, Strategic Procurement, Finance Analysts, and other business partners to ensure seamless financial operations.

· Invoice & PO Management: Handle Purchase Orders corrections, change requests, and process supplier invoices/credit notes while challenging coding and authorization discrepancies.

· Price Difference & Overdue Prevention: Analyze price variances at the product level, identify root causes, and take proactive actions to prevent invoices from becoming overdue.

· Supplier Account Reconciliation: Monitor supplier balances, reconcile statements, manage advance payments and escalations.

· Netting & Financial Reporting: Participate in the netting process and generate reports on supplier balance trends, ensuring accurate financial tracking.

· Issue Resolution & Compliance: Guide business in resolving open queries & holds, tax issues, and payment escalations while ensuring compliance with internal policies.

· Urgent Payment & Refund Processing: Handle urgent payment requests, process refunds, and correct AP entries based on ticket requests.

· Month-End Closing : Support month-end closing procedures, and run detailed ME related reports.

· Training & Development: Mentor new hires and contribute to process improvements by identifying areas for optimization.

Knowledge, Skills, and Abilities:

· Strong understanding of financial processes within a Shared Service Center.

· Advanced analytical skills to assess supplier financial data and drive strategic decision-making.

· Experience working with ERP systems (Oracle Financials preferred) and proficiency in MS Excel.

· Ability to multitask, prioritize urgent issues, and collaborate across different business functions.

· Strong command of written and spoken English for clear and effective communication.

· Strong communication and problem-solving skills to address complex financial matters.

Education and Experience:

· Bachelor’s degree in Finance, Accounting, or a related field.

· Previous experience in financial analysis, accounts payable, or procurement-related roles.

Benefits

We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!

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! http://jobs.thermofisher.com

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.