Entry Level Economic Forecasting Analyst Jobs in Rochester, MN

Work Schedule

Environmental Conditions

Job Description

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.

What you will do:

• Develop a strong business partnership with the operations team and help drive accountability and attainment of key performance metrics
• Analyze, interpret, and communicate site financial performance versus budgets and forecasts
• Assist the Finance Operations Manager in development of Annual Operating Plan and monthly forecasts
• Use ERP and Hyperion systems to facilitate the daily, weekly, and monthly reporting of financial metrics
• Coordinate and execute month-end close activities, ensuring timely and accurate financial reporting, journal entries, accruals, and variance analysis
• Ensure compliance with company financial policies, internal controls, and accounting standards.
• Evaluate capital expenditures, including project financial analysis, business case development, capital request approvals, spending tracking, and post-investment performance monitoring.
• Identify and implement process improvements that simplify workflows, improve data visibility, increase forecast accuracy, and enhance decision-making capabilities across the site.

How you will get here:

Education

• Bachelor's degree in Finance preferred; degrees in Accounting, Economics, or other related business disciplines will also be considered.

Experience

• 0-2 years of relevant working experience, preferably in a manufacturing environment

Knowledge, Skills, Abilities

• Strong analytical skills. Attention to detail and consistently delivering high-quality work
• Proficiency in MS Office Applications (Excel / PowerPoint / Outlook), experience using Oracle, HFM/CMR, SAP applications are preferred
• Effective verbal and written communication skills
• Strong team building skills, cross functional collaboration
• Self-motivated, flexible and strong work ethic
• Continuous Improvement approach: Identify process and control gaps and champion improvement initiatives through Practical Process Improvement (PPI)
• Exhibit Thermo Fisher Scientific 4-I values of Integrity, Intensity, Innovation, and Involvement.

Compensation and Benefits

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: https://jobs.thermofisher.com/global/en/total-rewards