Commercial Finance Analyst I

at  Thermo Fisher Scientific

We are vital links between an idea for a new medicine and the people who need it. Our organization is made up of thousands of employees in locations worldwide connected by tenacity and passion for our purpose: to improve health. You will be joining a truly collaborative and winning culture as we strive to bend the time and cost curve of delivering lifesaving treatments to patients.
Our global Clinical department consists of colleagues with institutional knowledge, in-depth therapeutic experience, and robust operational tools. Together, we help clients define and develop clinical programs, minimize delays, and execute high-quality, cost-efficient clinical studies for regulatory approval.
We hire the best, develop ourselves and each other, and recognize the power of being one team. We offer continued career advancement opportunities, award winning training and benefits focused on the health and wellbeing of our employees.
The Commercial Analyst leads cross-functional processes, stakeholders, and timelines to ensure contract proposals and/or budget modifications are completed accurately throughout the project lifecycle.
Job Summary
The role of Commercial Finance Analyst is essential in our organization, as they lead cross-functional processes and timelines to ensure accurate completion of contract proposals and budget modifications. As a Commercial Finance Analyst I, you will have the opportunity to work on complex, high-value proposals and contract modifications for clinical trials, collaborating with a diverse international team across multiple time zones. Your ability to analyze client requirements, internal data, and collaborate effectively with colleagues will be crucial in allocating resources and budgets for project plans and study strategies.

QUALIFICATIONS

Education and Experience:

• Bachelor’s degree or equivalent experience in a relevant field
• Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 0-2 years).
• In some cases, an equivalency, consisting of a combination of appropriate education, training, and/or directly related experience, will be considered sufficient for an individual to meet requirements of the role.

KNOWLEDGE, SKILLS, AND ABILITIES:

• Ability to function as an effective and respected partner to clients.
• Strong analytical and quantitative skills.
• Confidence to handle sensitive information and make sound recommendations.
• Ability to prioritize multiple tasks while still delivering high-quality results.
• Strong written and oral communication skills.
• Strong organizational and project administration skills.
• High level of proficiency in Microsoft Excel and PowerPoint for analysis and presentation of data.
• Strong grasp of fundamental financial principles and effective strategies.

ESSENTIAL FUNCTIONS

• Drive client delivery of complex, high-value proposals and/or contract modifications for clinical trials under tight client deadlines.
• Work on multiple projects simultaneously with a cross-functional international team in multiple time zones.
• Collaborate with team members to analyze client requirements and internal data, leading the proposal bid and budget negotiation process. Determine resource and budget allocations for project plans and study strategies.
• Review information provided via request for proposal (RFP) and/or request for contract modifications to ensure it has adequate information for budget preparation.
• Lead strategy calls to discuss customer requirements and budget strategy development and/or budget modifications.
• Work within a proprietary bidding system and budget tools to ensure accurate bidding and timely data mapping in client budget grid templates.
• Finalize client-facing documents, after securing internal department approvals, performing quality control edits to ensure accuracy, proper data formatting, and compliance with contract requirements.
• Ensure proposals concisely and accurately reflect strategy discussions, meet client needs, offer consistent messaging, include relevant differentiators, and convey value proposition and critical success factors.
• Cultivate strong client relationships throughout the budget negotiation process, ensuring timely execution of contracts and reaching mutual agreement with clients.

We value 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 are the working environment/requirements for this role:

• Skilled in effectively conveying and comprehending financial information and ideas, fostering clear and meaningful communication with individuals from various backgrounds.
• Able to work upright and stationary for typical working hours.
• Proficiency in operating and adapting to standard office equipment and technology.
• Able to perform optimally under pressure while prioritizing and handling multiple projects or activities with hard deadlines