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An Evolution in Financial Reporting

Posted on June 24, 2014

BY LEAPROS® Finance & Accounting · Budgeting · Financial Planning · FP&A · Management

Efficiencies gained and lessons learned from sustained investment in enterprise-wide consolidation, budgeting and planning tools. Chris will take us through the Life Technologies journey of management reporting, as the company grew from $500M in sales to greater than $4B in sales in less than a decade. For over seven years, Life Technologies steadily invested in ERP consolidation, shared services centers of excellence, and enterprise-wide consolidation and management reporting tools. It wasn’t always smooth, but the process efficiencies and organizational scalability gained will not only drive the operating leverage you need, but create a confidence in your numbers that can transform your finance organization from a tactical team to strategic business partners.

Chris Pattinson is the Vice President of Group FP&A and Accounting in Carlsbad, CA for the $4B Life Sciences Group of Thermo Fisher Scientific. In this role, he is responsible for global management reporting & accounting, as well as the development of enterprise wide consolidation & management reporting systems. Prior to joining Thermo Fisher Scientific in 2014, Chris spent eight years at Life Technologies in various business controllership roles. For the past 4 years he led Corporate FP&A at Life Technologies which concluded with a strategic options review process and public sale of the company earlier this year. In addition to his tenure in finance, Chris’s has a background in GMP manufacturing including seven years with Merck & Co. in vaccine operations.

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