Financial Analyst I

May 27 2023
Industries Pharmaceutical, Biotechnology
Categories Financial Analysis
Mississauga, ON • Full time

Job Description

What will you do?

The financial analyst supports the finance team in Canada by performing a combination of Financial Accounting and Management Reporting activities within the operations and commercial finance areas. This role will assist the teams on specific projects and tasks to deliver outstanding customer feedback.

Essential Functions:

  • Complete Month-end tasks including Drug Product Services (DPS) and Pharmaceutical Development Services (PDS); Cost of Goods (COG) Reconciliation, ASC606 Revenue, Inventory Provisions, Inventory Reconciliations, Accruals, Various Journal Entries (JE).
  • Provide support on internal audits and external audits.
  • Drive Financial Operational Excellence / Continuous Improvements projects by leading or being a key contributor as required.
  • Complete actual vs standard reporting by product to drive operational efficiencies via Practical Process Improvements (PPI) Business Systems.
  • Leverage historical trend analysis to provide direction for commercial activities.
  • Participate in and coordinate pricing and modeling around new or revised deals.
  • Assist finance teams with the reconciliation of projected versus actual financial outcomes, identifying variances and documenting findings.
  • Assist in designing initiatives that change upstream and downstream business processes to deliver better data to the finance department and visibility to leaders on contract profitability, forecast accuracy and achievability.
  • Identify and implement process development and improvements.
  • Maintain a safe working environment and report potential hazards.

REQUIRED QUALIFICATIONS

Education:

Bachelor's degree in Accounting or Finance

Experience:

1 plus year of experience in a relevant finance role within operations finance, accounting, or commercial finance.


Equivalency:

Equivalent combinations of education, training, and relevant work experience may be considered.

Knowledge, Skills and Abilities:

Understanding of accounting cycle, internal controls and auditing requirements. Strong analytical skills. Strong organizational, communication and interpersonal skills. Ability to clearly and concisely communicate with non-accounting professionals. Strong customer focus and drive for results with strong problem-solving abilities. Capable of setting clear priorities, organizing work, and making quality decisions. Demonstrated computer proficiency with Microsoft Office programs with Advanced level Microsoft Excel. Proficiency with the English Language.

Standards and Expectations:

Follow all Environmental Health & Safety Policies and Procedures. Work collaboratively with fellow team members, modelling positive team principles and partnering to meet project and departmental objectives. Carry out all duties within strict compliance to Patheon quality systems Standard Operating Procedures (SOPs) and Good Manufacturing Practices (GMP). Maintain workspace in a clean and orderly fashion. Actively engage in and adhere to departmental systems in order to maintain a smooth and efficient workflow (visual management, scheduling systems, etc.). Be client and patient conscious at all times. Understand Key Performance Indicators and strive to improve the performance of the team by identifying areas for system improvements and engage in problem solving. Models positive thinking and is open to change, motivating the team to adapt to shifts in priorities and new ways of working. Proactively identify areas for improvement in the execution of procedures. Communicate risks to timelines in a proactive manner. Consistently strives to improve skills and knowledge in related field.

Physical Requirements:

Light physical effort and fatigue. Walks, sits or stands for limited periods. May require occasional equipment operation including keyboard equipment. Lifts light items for limited duration. Typically located in a comfortable indoor area. There may be regular exposure to mild physical discomfort from factors such as dust, fumes or odours, temperature extremes, loud noise, strong drafts, or bright lights. Use of Personal Protective equipment may be required and may include any of the following: safety glasses, safety shoes, lab coat, gloves, hair net, beard cover, safety apron, respirator on occasionally.

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $40 billion. 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. Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or augmenting efficiency in their laboratories, we are here to support them. Our distributed team of more than 100,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services and Patheon. We share a common set of values - Integrity, Intensity, Innovation and Involvement - working together to accelerate research, solve sophisticated scientific challenges, drive technological innovation and support patients in need. #StartYourStory at ThermoFisher Scientific, where diverse experiences, backgrounds and perspectives are valued!

Apply today! Please visit us at http://jobs.thermofisher.com

Thermo Fisher Scientific is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, creed, religion, color, national or ethnic origin, citizenship, sex, sexual orientation, gender identity and expression, genetic information, veteran status, age or disability status.

Apply now!

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