Sr Manager, Capital Allocation

Work Schedule

Standard (Mon-Fri)

Environmental Conditions

Office

At Thermo Fisher Scientific, our Finance teams are important to our business and functional teams to make educated, sound decisions that drive our Mission and make us a stable and trusted industry leader. From Financial Planning & Analysis, Tax, Treasury, Financial Reporting, Audit, Investor Relations, Strategy & Corporate Development to Accounting, our Finance functions have a diverse and global presence, providing significant opportunities to develop outstanding career experiences and perspectives. Ranked #95 on the 2021 Fortune 500 list and with revenues of more than $40 billion, you’ll discover endless opportunities to grow a rewarding career as part of the world leader serving science.

About the Role

We are seeking a dynamic and collaborative professional to play a key role in planning, governance and monitoring of our organization’s capital allocation strategy. This individual will help define capital investment pipeline requirements to meet business growth objectives by partnering with operations, product management and finance.

About the Business

The Filtration and Separation Division (FSD) is a ~$1B business within Thermo Fisher Scientific’s BioProduction Group. FSD supports our biopharma partners in the manufacture of life-changing and life-saving biologics—including oncology, autoimmune, vaccines, blood disorders, and rare diseases—through our industry-leading filtration offerings.

Major Areas of Responsibility

Planning

• Work with Supply Chain, Engineering and Business Unit leaders to develop and drive a cohesive long-term capital allocation strategy aligned to strategic objectives.

• Act as a trusted business partner and counsel, providing financial stewardship and strategic insight on capital scoping and considerations.

• Lead division forecasting process for capital allocation, including long term planning, budgeting and quarterly forecasting.

Governance

• Work with Business Unit leaders and Engineering to develop robust capital allocation review process, ensuring alignment with cross-functional team.

• Lead financial assessments for critical initiatives, including quantitative analysis (DCF, NBV, IRR and payback period) and qualitative risk & opportunity assessment.

• Lead the preparation for key presentations and provide strategic insight to support leadership team decision-making.

Monitoring

• Lead the design and optimization of capital expenditure cost monitoring, working together with project managers to ensure alignment with budgets.

• Assist in change management activities, ensuring smooth adoption of new systems and processes.

Required Education / Experience:

• Undergraduate degree in Finance, Accounting, Business, or related field.

• Minimum 10 years of finance experience supporting manufacturing operations.

• Excellent analytical, problem-solving, and communication skills.

Compensation and Benefits

The salary range estimated for this position based in Massachusetts is $130,000.00–$173,000.00.

This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:

• A choice of national medical and dental plans, and a national vision plan, including health incentive programs

• Employee assistance and family support programs, including commuter benefits and tuition reimbursement

• At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy

• Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan

• Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount

For more information on our benefits, please visit: