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Financial Analyst (Corporate Pricing) at Thermo Fisher… · Location…
Job Description
Financial Analyst (Corporate Pricing)
Location: Gangnam-gu, Korea, Republic of
Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
The Financial Analyst – Corporate Pricing will be a key member of the Korea FP&A team, responsible for supportingpricing governance, Realized Price (RP) performance, and revenue preservation initiativesacross Korea divisions.
The role will work closely with the Pricing Manager, commercial teams, divisional finance, and other stakeholders to monitor pricing performance, support pricing decisions, and identify actions toreduce price erosion and improve price realization and profitability. The position will also support annual pricing processes and provide timely pricing analysis and visibility to enable effective commercial decision-making.
Responsibilities
Perform regularRealized Price (RP) analysis and reportingacross divisions, identifying key trends, price erosion, risks, and opportunities.
Support theRP forecasting processby consolidating divisional inputs, analyzing performance trends, and tracking actual results against forecast and targets.
Reviewpricing requests and approvalsin accordance with pricing governance requirements, validating supporting data and business rationale and escalating exceptions as appropriate.
Analyzenegative price erosion drivers, working with commercial and finance teams to identify root causes and track mitigation actions.
Support regularpricing performance reviewswith commercial teams by preparing analysis, insights, and follow-up action tracking.
Support annual pricing processes, includinglist price increase activities and price agreement revisions, ensuring timely coordination and execution across divisions.
Performpricing analysisto provide visibility into pricing behavior, realization, and potential profitability impact.
Partner with Sales, divisional finance, and other stakeholders to providetimely pricing supportand minimize pricing-related delays to commercial execution.
Develop and maintainpricing dashboards and analytical toolsto improve visibility into RP, pricing actions, and performance trends.
Driveprocess simplification, standardization, and automationof recurring pricing analysis and reporting.
Support ad-hoc pricing analysis and revenue preservation initiatives as required.
Requirements
Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
3+ years of experience in Pricing, Financial Planning & Analysis (FP&A), or Accounting.
Experience in the Bioscience or Healthcare industry is a plus.
Advanced Excel: Proficiency in Power Query and Macros/VBA is preferred.
Systems: Hands-on experience with Salesforce (SFDC) and ERP systems (e.g., SAP/E1) are is preferred
Automation Tools: Experience with or a strong interest in learning RPA tools and leveraging AI for business productivity is plus
Strong analytical skills with the ability to interpret complex pricing data (Margin, RP%, ASP).
Ability to communicate effectively with Sales and Commercial Leadership (Local and Global)
Exhibit leadership, initiative, and embody Thermo Fisher Scientific's 4-I values of Integrity, Intensity, Innovation, and Involvement