Financial Analyst (Corporate Pricing)

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 supporting   pricing governance, Realized Price (RP) performance, and revenue preservation initiatives   across 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 to   reduce 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 regular   Realized Price (RP) analysis and reporting   across divisions, identifying key trends, price erosion, risks, and opportunities.
- Support the   RP forecasting process   by consolidating divisional inputs, analyzing performance trends, and tracking actual results against forecast and targets.
- Review   pricing requests and approvals   in accordance with pricing governance requirements, validating supporting data and business rationale and escalating exceptions as appropriate.
- Analyze   negative price erosion drivers, working with commercial and finance teams to identify root causes and track mitigation actions.
- Support regular   pricing performance reviews   with commercial teams by preparing analysis, insights, and follow-up action tracking.
- Support annual pricing processes, including   list price increase activities and price agreement revisions, ensuring timely coordination and execution across divisions.
- Perform   pricing analysis   to provide visibility into pricing behavior, realization, and potential profitability impact.
- Partner with Sales, divisional finance, and other stakeholders to provide   timely pricing support   and minimize pricing-related delays to commercial execution.
- Develop and maintain   pricing dashboards and analytical tools   to improve visibility into RP, pricing actions, and performance trends.
- Drive   process simplification, standardization, and automation   of 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