Operations Finance Analyst

Thermo Fisher Scientific•Middletown, VA

About The Position

How You Will Make an Impact: As a key member of the Operations Finance team, you will serve as a strategic business partner to Manufacturing, Supply Chain, Engineering, and Operations leadership. This role will focus heavily on cost accounting, standard cost integrity, and operational performance analysis. You will play a critical role in reviewing and maintaining standard costs, including detailed analysis of Bills of Material (BOM), labor routings, and overhead absorption to ensure cost accuracy and financial transparency. You will provide financial analysis to support Operations team to understand the performance of the factory through various spend and cost reports and partner closely with Operations and Supply Chain to help drive achievement of targets. This role is ideal for a hands-on operational finance professional who thrives in a fast-paced manufacturing environment, can manage multiple priorities effectively, and consistently delivers high-quality, actionable financial insights. What You Will Do: Lead monthly close activities related to manufacturing, including inventory, cost of goods sold, variances, and balance sheet reconciliations. Review, validate, and maintain standard costs, including BOM structures, labor routings, and overhead rates. Analyze manufacturing variances (purchase price, usage, labor, overhead, scrap, yield) and partner with operations to drive corrective actions. Support annual standard cost roll and periodic cost updates within SAP. Ensure integrity of inventory valuation and coordinate cycle counts and fixed asset counts. Analyze spending and explain key variances versus AOP and forecast. Prepare weekly scrap and MUV reporting. Support site-level forecasts, AOP development, and business reviews with clear operational insights. Drive continuous improvement, automation, and standardization of reporting and analytical processes. Maintain strong internal controls and compliance with SOX, corporate policies, and statutory requirements. Support cross-functional initiatives, special and ad-hoc operational projects. Maintain strong internal controls and compliance with SOX, Corporate policies, and statutory requirements. How you will get here: Education Bachelor’s degree in accounting or finance required. Experience 4+ years of finance experience in a manufacturing environment. Knowledge, Skills, Abilities Strong knowledge of cost accounting principles and manufacturing finance Experience reviewing and analyzing Bills of Material (BOM) and production routings Understanding of inventory accounting, absorption costing, and variance analysis Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment Strong analytical skills with high attention to detail and consistent delivery of high-quality work Advanced Excel skills required; SAP experience strongly preferred (Essbase, HFM a plus). Effective verbal and written communication skills with ability to translate financial data into operational insights. Strong collaboration skills; ability to work cross-functionally with manufacturing and engineering teams. Self-motivated, proactive, and solutions oriented. Continuous Improvement mindset with ability to identify process gaps and implement enhancements. Travel requirements Less than 5% domestic/international travel Thank you for your interest as you consider starting a new career journey with us. As the world leader in serving science, our colleagues develop critical solutions through innovation—and build rewarding careers. Discover their extraordinary stories and connection to our Mission to enable our customers to make the world healthier, cleaner and safer. Their work is a story of purpose. What story will you tell? Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of more than $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team 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, Patheon and PPD. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. 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.

Requirements

Bachelor’s degree in accounting or finance required.
4+ years of finance experience in a manufacturing environment.
Strong knowledge of cost accounting principles and manufacturing finance
Experience reviewing and analyzing Bills of Material (BOM) and production routings
Understanding of inventory accounting, absorption costing, and variance analysis
Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
Strong analytical skills with high attention to detail and consistent delivery of high-quality work
Advanced Excel skills required; SAP experience strongly preferred (Essbase, HFM a plus).
Effective verbal and written communication skills with ability to translate financial data into operational insights.
Strong collaboration skills; ability to work cross-functionally with manufacturing and engineering teams.
Self-motivated, proactive, and solutions oriented.
Continuous Improvement mindset with ability to identify process gaps and implement enhancements.

Nice To Haves

SAP experience strongly preferred (Essbase, HFM a plus).

Responsibilities

Lead monthly close activities related to manufacturing, including inventory, cost of goods sold, variances, and balance sheet reconciliations.
Review, validate, and maintain standard costs, including BOM structures, labor routings, and overhead rates.
Analyze manufacturing variances (purchase price, usage, labor, overhead, scrap, yield) and partner with operations to drive corrective actions.
Support annual standard cost roll and periodic cost updates within SAP.
Ensure integrity of inventory valuation and coordinate cycle counts and fixed asset counts.
Analyze spending and explain key variances versus AOP and forecast.
Prepare weekly scrap and MUV reporting.
Support site-level forecasts, AOP development, and business reviews with clear operational insights.
Drive continuous improvement, automation, and standardization of reporting and analytical processes.
Maintain strong internal controls and compliance with SOX, corporate policies, and statutory requirements.
Support cross-functional initiatives, special and ad-hoc operational projects.
Maintain strong internal controls and compliance with SOX, Corporate policies, and statutory requirements.