What are the responsibilities and job description for the Financial Analyst I position at ICON plc?
The Role: Financial Analyst I – Blue Bell, PA- Hybrid work arrangement 3 days office-based and 2 days home-based.
To be successful in the role, you will have:
This person will be an integral member of the Commercial Finance team at ICON. The role of the Commercial Finance team at ICON is the front-end negotiation and management of commercial terms, at both partnership and transactional levels that maximize downstream financial and operational performance and minimize the associated legal and contractual risks.
- Responsibilities:
- Support the Commercial Finance function for ICON’s Laboratory Services division
- Provide high quality, timely support to the Proposals team to ensure client proposals are commercially sound
- Work with Commercial Finance colleagues to ensure holistic, client orientated solutions are provided for multi-service opportunities that include Laboratory Services
- Develop and maintain strong collaborative relationships with the Business Development team and senior leaders in various functional areas
- Liaise with Legal team, and directly with clients as required, on commercial terms in client agreements and multi-year service contracts
- Pro-active and front-loaded holistic analysis (including Legal, Operational, Commercial considerations) for specific deals
- In collaboration with Operational colleagues, ensure integrity and accuracy of standard cost rates for Laboratory tests so as to facilitate informed decision making for new opportunities
- Effective utilization of available financial and operational tools and data to aid better decision making
- Support client-specific rate card analysis and development
- Perform margin assessments for Laboratory services at study level
- Participate in the maintenance of bespoke pricing tools and templates for Laboratory services
- Look for the new creative ideas and help to foster an entrepreneurial culture in the team
- Recognize, exemplify and adhere to ICON's values, which center on our commitment to People, Clients and Performance.
- Embrace and contribute to our culture of process improvement with a focus on streamlining our processes, adding value to our business and meeting client needs.
- Requirements:
- Bachelor’s Degree in accounting, finance business or life sciences.
- 2 years of experience in finance or pricing-related roles, possibly in a manufacturing company
- CRO and/or Laboratory industry experience, particularly in Finance, Proposals or Contracts capacity, is a strong advantage
- Proven ability to resolve conflicts
- Excellent communication skills (written and oral) with the ability to inspire confidence)
- Ability to interact with and influence a variety of personnel across the organization
- Excellent organizational skills with the ability to plan and manage projects
- Demonstrate ability in being able to switch between micro and macro view
- Excellent working knowledge of MS office package, in particular Excel (pivot tables and V-look-ups)
- Very strong focus on accuracy and quality of information provided; attention to detail
- Very strong focus on delivery of quality outputs in a timely manner to clients (internal and external)
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Physical Setting:
- Office
Schedule:
- Monday to Friday
Work Location: One location