This role blends strategic finance with hands-on operational expertise. The Senior Manager will design and implement robust analytical frameworks, reconstruct and validate site P&Ls, and translate ...
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Manage and delegate workload and ensure execution of plans and strategies across the store. * Maintain adherence to Company Policies and ensures the safety of store associates and Customers. * Manage ...
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Manage and delegate workload and ensure execution of plans and strategies across the store. * Maintain adherence to Company Policies and ensures the safety of store associates and Customers. * Manage ...
Manage and delegate workload and ensure execution of plans and strategies across the store. Maintain adherence to Company Policies and ensures the safety of store associates and Customers. Manage ...
Manage and delegate workload and ensure execution of plans and strategies across the store. Maintain adherence to Company Policies and ensures the safety of store associates and Customers. Manage ...
Manage and delegate workload and ensure execution of plans and strategies across the store. Maintain adherence to Company Policies and ensures the safety of store associates and Customers. Manage ...
Manage and delegate workload and ensure execution of plans and strategies across the store. Maintain adherence to Company Policies and ensures the safety of store associates and Customers. Manage ...
Strategy Associate information
See Raleigh, NC salary details
$31.6K - $41.8K
10% of jobs
$41.8K - $52K
1% of jobs
$52K - $62.2K
5% of jobs
$66.6K is the 25th percentile. Wages below this are outliers.
$62.2K - $72.4K
20% of jobs
The median wage is $79.1K / yr.
$72.4K - $82.6K
20% of jobs
$82.6K - $92.8K
5% of jobs
$92.8K - $103K
5% of jobs
$103K - $113.2K
6% of jobs
$114.5K is the 75th percentile. Wages above this are outliers.
$113.2K - $123.5K
6% of jobs
$123.5K - $133.7K
9% of jobs
$133.7K - $143.9K
11% of jobs
$31.6K
$91.1K
$143.9K
How much do strategy associate jobs pay per year?
What is the difference between Strategy Associate vs Business Analyst?
| Aspect | Strategy Associate | Business Analyst |
|---|---|---|
| Required Credentials | Bachelor's degree, often MBA or related field | Bachelor's degree, sometimes advanced certifications |
| Work Environment | Consulting firms, corporate strategy teams | Corporate, consulting, or finance sectors |
| Employer & Industry Usage | Management consulting, corporate strategy departments | Business operations, finance, consulting |
| Common Search & Comparison | Yes | Yes |
The Strategy Associate and Business Analyst roles share similarities in required education and work environments, often overlapping in consulting and corporate sectors. However, Strategy Associates typically focus on high-level strategic planning and recommendations, while Business Analysts tend to analyze data and support operational decisions. Both roles are essential in strategic and business development contexts, but their core responsibilities and focus areas differ slightly.
How much does a Strategy Associate make?
What are the key skills and qualifications needed to thrive as a strategy associate, and why are they important?
What is a strategy associate?
Strategy associates analyze data to help develop and execute a project for a company. These projects may include product launches, marketing campaigns, or financial analysis. As a strategy associate, your responsibilities are to prioritize tasks, streamline processes, and identify and resolve problems within the project. You may also be responsible for providing reports or presentations on your analysis and findings to company stakeholders.
How does a strategy associate typically collaborate with other departments within an organization?

Full-time
Posted 21 days ago
Thermo Fisher Scientific rating
7.7
Based on 422 frontline employees who took The Breakroom Quiz
197th of 536 rated manufacturers
Job description
Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
Position Summary
The Senior Manager, Make/Buy Strategy & Execution is a key leadership role within Thermo Fisher Scientific’s Contract Manufacturing & Value Assurance (CMVA) team. This position is responsible for developing, operationalizing, and managing the company’s global Make/Buy strategy - ensuring strategic decisions around internal manufacturing and external sourcing are backed by rigorous financial, operational, and strategic analysis.
This role blends strategic finance with hands-on operational expertise. The Senior Manager will design and implement robust analytical frameworks, reconstruct and validate site P&Ls, and translate complex financial data into actionable insights that drive value, cost efficiency, and network optimization. Working closely with Sr. Manager, Operations (who leads the strategic and workshop components), this individual serves as a peer and counterpart, ensuring operational and financial rigor behind the strategy.
Key Responsibilities
1. Make/Buy Framework Development & Governance
- Design, document, and deploy a standardized Make/Buy decision-making framework across divisions and product lines.
- Establish and manage governance processes to ensure consistency, transparency, and alignment with corporate operations, supply chain, and technology strategies.
- Continuously refine methodologies and tools based on lessons learned and evolving business needs.
2. Financial Reconstruction & Operational Analysis
- Deeply understand plant and site-level P&Ls; deconstruct and rebuild financial statements that may have evolved through inconsistent reporting practices.
- Reclassify and rationalize cost elements (e.g., shifting overheads to direct costs) to produce clear, accurate, and comparable financial views across sites.
- Defend financial restatements and cost reallocations with site finance teams, ensuring alignment and credibility.
- Connect operational decisions—capacity, headcount, sourcing, productivity—to financial outcomes and site profitability.
3. Opportunity Identification & Strategic Evaluation
- Develop and apply advanced financial models to identify and prioritize Make/Buy opportunities across sites, technologies, and product portfolios.
- Assess total cost of ownership (TCO), capacity, capability, capital investment, risk, quality, and IP implications.
- Build robust, defendable business cases—including NPV, ROI, and payback analyses—to support strategic recommendations.
4. Cross-Functional Leadership & Execution
- Lead cross-functional project teams involving Divisional Operations, Finance, Supply Chain, R&D, Procurement, and Quality.
- Partner closely with the Sr. Manager, Operations on strategy development, workshops, and executive presentations.
- Translate analytical findings into clear, actionable recommendations for senior leadership decision-making.
- Ensure consistent communication, documentation, and alignment across central and divisional stakeholders.
5. Implementation & Performance Tracking
- Oversee and support the implementation of approved Make/Buy initiatives across divisions and sites.
- Align divisional execution with central governance and strategic objectives.
- Define and track KPIs to measure the impact and value realization of Make/Buy decisions.
- Conduct post-implementation reviews to capture lessons learned and refine the overall Make/Buy process.
6. Stakeholder Engagement & Influence
- Build trusted relationships with senior leaders in Operations, Finance, Supply Chain, R&D, and Procurement.
- Serve as the subject matter expert and central point of contact for Make/Buy financial and operational insights.
- Communicate strategy, progress, and outcomes in clear, concise, and compelling formats to diverse audiences.
- Influence decision-making in a matrixed, global environment without direct authority.
Qualifications
Education & Experience
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (MBA or advanced degree strongly preferred).
- At least 8 years of relevant experience in operations strategy, manufacturing finance, strategic sourcing, or supply chain management, with proven experience leading Make/Buy or network optimization initiatives.
- Hands-on experience with P&L ownership, cost accounting, and financial modeling within a manufacturing or operations context.
- Demonstrated success leading complex, cross-functional projects in large, matrixed, global organizations.
Skills & Competencies
- Expert understanding of site-level P&L structures, cost drivers, and allocation methodologies.
- Strong analytical and financial modeling skills; able to distill messy data into clear, actionable insight.
- Excellent communicator—able to defend analysis with confidence and influence at multiple organizational levels.
- Deep understanding of manufacturing processes, sourcing strategies, and supply chain cost structures.
- Proven ability to connect operational decisions to financial implications and strategic outcomes.
- Strong project management skills and proficiency with standard tools.
- Familiarity with Lean, Six Sigma, or other continuous improvement methodologies preferred.
- Adaptable, self-directed, and comfortable navigating ambiguity in a dynamic environment.
What Thermo Fisher Scientific employees say
Pay
Benefits
Hours and flexibility
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About Thermo Fisher Scientific
Sourced by ZipRecruiter
Industry
Biotechnology research and development
Company size
10,000+ Employees
Headquarters location
Waltham, MA, US
Year founded
1956