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36-4087754 Thermo Fisher Scientific (Asheville) LLC

Cost Analyst III

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What they do

A Cost Accountant analyzes the cost of company products or services, determines factors affecting costs, and makes recommendations for managing costs. Analyzes financial processes within a company or organization and develops internal cost reporting and accounting systems.

$83,605 / year median in Ohio

-7% projected decline

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Job Description

Work Schedule Standard (Mon-Fri) Environmental Conditions Office Job Description As part of the Thermo Fisher Scientific team, you'll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world's toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.
Position Summary:
How will you make an impact? Join our Finance team as an Operations Cost Analyst and contribute to financial excellence across our manufacturing operations. In this position, you'll collaborate with Operations teams to optimize costs, analyze variances, and ensure accurate standard costing across our manufacturing facilities. You'll leverage your expertise to support critical financial processes, from monthly closes to annual cost rolls, while helping advance continuous improvement initiatives that impact our bottom line. This role offers excellent opportunities to work across functions and make meaningful contributions to our mission of enabling customers to make the world healthier, cleaner, and safer. What will you do?
  • Support month-end close responsibilities including journal entries, reconciliations, and material variance analysis.
  • Own and analyze daily and weekly financial and operational metrics and KPIs; support leadership decision making through analyses.
  • Prepare weekly and monthly financial reports detailing performance of key business metrics and underlying business drivers causing variances to expected results.
  • Assist with development and presentation of monthly business reviews.
  • Routine Bill of Materials (BOM) maintenance.
  • Support annual standard cost roll and maintenance of system costs, performance of production routing analysis.
  • Support Capex project management and analysis.
  • Actively participate in and lead initiatives to improve execution and factory operational performance.
  • Provide comprehensive finance support to enable delivery of productivity commitments (PPI).
  • Other responsibilities as assigned.
Who we are looking for:
experience, skills & abilities:
  • Bachelor's Degree plus 2-4 years of experience in manufacturing cost accounting or finance, or comparable experience
  • Strong proficiency in ERP systems (preferably SAP or equivalent)
  • Advanced Excel skills and experience with financial reporting tools
  • Demonstrated expertise in standard cost accounting, variance analysis, and inventory management
  • Experience with monthly/quarterly close processes and journal entries
  • Ability to perform cost modeling and analysis for business cases, NPIs, and make-vs-buy decisions
  • Experience with Bill of Materials (BOM) and production routing analysis
  • Ability to build effective partnerships across operations, planning, procurement, and finance teams
  • Strong knowledge of GAAP and SOX compliance requirements
  • Experience supporting internal and external audits
  • Ability to manage multiple assignments, exercise good judgement, and prioritize projects and time effectively.
  • Commitment to continuous learning, career progression and development, embrace additional responsibilities and seek opportunities to stretch capabilities
  • Excellent analytical and problem-solving capabilities
  • Strong written and verbal communication skills; ability to work cross-functionally
  • Ability to work effectively in a structured, matrix environment
  • Process improvement mindset 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.