Discovery Solutions Controller, Biology

Merck • Burlington, MA

6d

About The Position

Work Your Magic with us! Start your next chapter and join MilliporeSigma. Ready to explore, break barriers, and discover more? We know you’ve got big plans – so do we! Our colleagues across the globe love innovating with science and technology to enrich people’s lives with our solutions in Healthcare, Life Science, and Electronics. Together, we dream big and are passionate about caring for our rich mix of people, customers, patients, and planet. That's why we are always looking for curious minds that see themselves imagining the unimaginable with us. This role does not offer sponsorship for work authorization. External applicants must be eligible to work in the US. Your Role: The Business Unit Controller for Discovery Solutions (DS) Biology within Life Science plays a key financial advisory role within the Biology Leadership Team, supporting operational and strategic decisions to achieve business goals in a complex, matrix environment. This role will report to the Head of Controlling – DS Biology. You will manage critical processes for financial planning and reporting that enable decision-making for the Biology Business Unit leaders. Supporting the Biology P&L is also part of your scope. Your responsibilities include preparing and analyzing monthly financial results, forecasts, and operating plans for Sales, wCOGS and Gross Margin. Additionally, you will be part of financial integration of newly acquired business and support additional M&A efforts. You will be required to leverage digital reporting and visualization solutions to enhance business insights for modeling complex business case (TM1, Tableau, PowerBI, Uptimize Fondry, Excel, SAP, and others).

Requirements

• Bachelor’s degree in Accounting/Finance with minimum 5 years of relevant accounting and controlling experience.
• A strong understanding and applying financial principles, practices, and standards, in a complex environment matrix organizations, wide ERP landscape, worldwide scope of legal entities.

Nice To Haves

• Master’s degree in Accounting/Finance with Minimum 3 years of relevant accounting and controlling experience supporting portfolio leaders, R&D and Marketing organizations.
• Knowledge of M&A processes and Services revenue recognition experience highly preferred.

Responsibilities

• Support Business Unit Portfolio Leaders and provide regular and ad hoc support to the Biology team on multiple financials areas: sales, gross margin, inventory, order intake, etc.
• Support the business by providing detailed insights on business performance into sales trends, price/volume, discounts, new product sales, profitability, and all financial KPIs that support achieving strategic and operational objectives.
• Provide transparency into business drivers, risks, and opportunities
• Preparation of rolling Forecast for sales, new product sales, price/volume, wCOGS, inventories, sales order analysis
• Proactively analyze profitability and discounting of certain product groups to discover any pricing irregularities and working with Portfolio leaders to address the findings
• Identify business trends and provide supportive analytics that drive and influence business performance and decisions that protect company’s profitability
• Review business forecast inputs for accuracy and reasonableness
• Reassess key performance indicators (KPIs) for R&D projects that align with Biology financial goals
• Help R&D leaders to steer resources allocations based on viability and strategic alignment on New Product Introduction (NPI) to support the company’s goals
• Maintain and update revenue recognition model for newly acquired services business (HUB Organoids)
• Prepare and review forecast for services in collaboration with HUB’s team to ensure accuracy and reasonableness
• Support future M&A efforts

Benefits

• Benefits offered by the Company include health insurance, paid time off (PTO), retirement contributions, and other perquisites.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level