Assistant Manager - Financial Planning and Analysis

Asst Manager - FP&A Work Schedule Standard (Mon-Fri) Environmental Conditions Office Job Description At Thermo Fisher Scientific, our Finance teams are trusted business partners who enable informed decision-making and drive sustainable growth. As part of the India Service Finance team, you will play a critical role in supporting financial planning, business performance analysis, forecasting, and strategic decision-making for the Service business. You will partner closely with Service Operations, Commercial, Supply Chain, and Functional leaders to deliver accurate financial reporting, actionable business insights, and robust financial planning processes. This role offers an opportunity to influence business decisions while contributing to operational excellence and continuous process improvement. Financial Planning & Forecasting Support Annual Operating Plan (AOP), quarterly forecasts, monthly outlooks, and long-range financial planning activities. Develop and maintain financial models to support revenue, gross margin, operating expenses, headcount, and capital expenditure forecasting. Consolidate financial inputs from multiple stakeholders and ensure timely submission of planning deliverables. Financial Reporting & Analysis Prepare monthly financial reports, variance analysis, and management dashboards highlighting key business drivers, risks, and opportunities. Analyze revenue, service gross margins, productivity, operating expenses, and profitability trends to provide actionable insights. Monitor key financial and operational KPIs and recommend corrective actions where required. Perform detailed analysis of transactional and operational data, identify anomalies, and recommend appropriate accounting adjustments including accruals and reversals. Business Partnering Partner with Service Operations, Commercial teams, Supply Chain, and cross-functional stakeholders to understand business performance and financial implications. Support pricing, productivity improvement, cost optimization, and profitability enhancement initiatives through financial analysis. Translate operational drivers into financial outcomes and provide decision support for strategic initiatives. Month-End Close & Financial Controls Support month-end closing activities in accordance with the global close calendar. Ensure accuracy and completeness of financial reporting while maintaining compliance with company policies and financial controls. Identify process gaps and recommend improvements to strengthen financial governance and reporting quality. Analytics & Process Improvement Develop and automate financial reports, dashboards, and performance scorecards using Power BI, Excel, and other reporting tools. Leverage ERP and planning systems to improve reporting efficiency, data accuracy, and analytical capabilities. Independently investigate data quality issues, identify root causes, and collaborate with business and system teams to implement sustainable solutions. Drive continuous improvement initiatives focused on automation, standardization, and simplification of finance processes. Management Reporting Prepare presentation materials and financial insights for Monthly Business Reviews (MBR), Quarterly Business Reviews (QBR), and leadership meetings. Provide ad hoc financial analysis to support business decisions, investment evaluations, and strategic projects. Education Master's degree in finance, Accounting, Business Administration, or related discipline. MBA (Finance), CA or CFA preferred. Experience 5–7 years of progressive experience in Financial Planning & Analysis, Business Finance, Commercial Finance, or Business Analytics. Experience supporting a multinational organization and working in a matrix environment is preferred. Experience in Service, Healthcare, Manufacturing, or Life Sciences industry will be an advantage Knowledge, Skills & Abilities Strong understanding of financial statements, budgeting, forecasting, financial modeling, and management reporting. Excellent analytical and problem-solving skills with the ability to convert complex data into meaningful business insights. Strong business partnering and stakeholder management capabilities. Proficiency in Microsoft Excel and PowerPoint. Working knowledge of ERP and planning systems such as SAP, Hyperion, Oracle, OneStream, or similar platforms. Experience with Power BI, Tableau, Cognos, or other Business Intelligence tools is preferred. Strong communication and presentation skills with the ability to effectively communicate financial information to both finance and non-finance stakeholders. Demonstrated ability to work independently, manage multiple priorities, and meet tight deadlines. Strong attention to detail with a continuous improvement mindset Key Competencies Financial Planning & Forecasting Financial Analysis & Modeling Business Partnering Performance Management Strategic Thinking Data Analytics & Visualization Process Improvement & Automation Operational Excellence Stakeholder Management Cross-functional Collaboration Problem Solving Results Orientation Travel Requirements Up to 10% to 20% domestic travel, based on business requirements. Experience Level Mid Level