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Commercial Analyst I

Thermo Fisher Scientific
Wilmington, NC Full Time
POSTED ON 6/18/2024 CLOSED ON 7/11/2024

What are the responsibilities and job description for the Commercial Analyst I position at Thermo Fisher Scientific?

Job Details

Work Schedule

Other

Environmental Conditions

Office

Job Description

Description (External)

We are vital links between an idea for a new medicine and the people who need it. Our organization is made up of thousands of employees in locations worldwide connected by tenacity and passion for our purpose: to improve health. You will be joining a truly collaborative and winning culture as we strive to bend the time and cost curve of delivering lifesaving treatments to patients.
Our global Clinical department consists of colleagues with institutional knowledge, in-depth therapeutic experience, and robust operational tools. Together, we help clients define and develop clinical programs, minimize delays, and execute high-quality, cost-efficient clinical studies for regulatory approval.
We hire the best, develop ourselves and each other, and recognize the power of being one team. We offer continued career advancement opportunities, award winning training and benefits focused on the health and wellbeing of our employees.
The Commercial Analyst leads cross-functional processes, stakeholders, and timelines to ensure contract proposals and/or budget modifications are completed accurately throughout the project lifecycle.
Summarized Purpose:

  • Leads cross-functional processes, stakeholders, and timelines to ensure contract budget modifications are completed accurately throughout the project lifecycle.
    Essential Functions:
  • Drives client delivery of complex, high value contract modifications for clinical trials under tight client deadlines.
  • Works on multiple projects simultaneously with a cross-functional international team in multiple time zones.
  • Leads the proposal bid and budget negotiation process, synthesizing detailed client requirements with internal data in collaboration with internal stakeholders to determine appropriate resource and budget allocations for project plans and study strategies.
  • Reviews information provided via request for contract modifications to ensure it has adequate information for budget preparation.
  • Leads strategy calls to discuss customer requirements for budget modifications.
  • Works within a proprietary bidding system and budget tools to ensure accurate bidding and timely data mapping in client budget grid templates.
  • Finalizes client facing documents, after securing internal department approvals, performing quality control edits to ensure accuracy, proper data formatting, and compliance with contract requirements.
  • Ensures proposals concisely and accurately reflect strategy discussions, meet client needs, offer consistent messaging, include relevant differentiators, and convey value proposition and critical success factors.
  • Develop and maintain positive client relationships through the budget negotiation process securing client agreement and execution of contracts in a timely manner

Qualifications
Education and Experience:

  • Bachelor's degree or equivalent and relevant formal academic / vocational qualification
  • Previous experience that provides the knowledge, skills, and abilities to perform the job (comparable to 0-2 years).


In some cases, an equivalency, consisting of a combination of appropriate education, training and/or directly related experience, will be considered sufficient for an individual to meet requirements of the role.

Knowledge, Skills, and Abilities:

  • Ability to function as an effective and respected partner to clients
  • Strong analytical and quantitative skills
  • Confidence to handle sensitive information and make sound recommendations
  • Ability to juggle multiple tasks while still delivering high quality results
  • Strong written and oral communication skills
  • Strong organizational and project administration skills
  • High level of proficiency in Microsoft Excel and PowerPoint for analysis and presentation of data
  • Solid understanding of financial principles and best practices

Working Environment:
We value the health and wellbeing of our employees. We support and encourage individuals to create a healthy and balanced environment where they can thrive. Below is listed the working environment/requirements for this role:

  • Able to communicate, receive, and understand financial information and ideas with diverse groups of people in a comprehensible and reasonable manner.
  • Able to work upright and stationary for typical working hours.
  • Ability to use and learn standard office equipment and technology with proficiency.
  • Able to perform successfully under pressure while prioritizing and handling multiple projects or activities with hard deadlines.
  • Our 4i Values:
    Integrity - Innovation - Intensity - Involvement If you resonate with our 4i values above, and ultimately wish to accelerate the delivery of safe and effective therapeutics for some of the world's most urgent health needs, submit your application - we'd love to hear from you!
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