Project Financial Analyst

ObvioHealth
New York, NY Full Time
POSTED ON 12/8/2022 CLOSED ON 12/22/2022

Job Posting for Project Financial Analyst at ObvioHealth

New York


ObvioHealth is a new breed of Virtual Research Organization (VRO) leading the long overdue digitization and virtualization of health innovation research. Recently listed #390 on the list of Inc 5000's fastest growing companies, we are pioneering new ways to collect data, recruit and engage patients and identify novel outcomes that help to bring life-improving health solutions to market faster. Our mobile clinical study application allows for site-less trial design, allowing subjects to use their smartphones to participate in remote monitoring clinical trials from the comfort of their homes.


ObvioHealth is seeking a Project Financial Analyst in the United States with experience in implementing, stabillzing and optimizing end-to-end processes being transacted globally through the company’s NetSuite system.


Project Financial Analyst:

The Project Financial Analyst acts as the primary finance business partner to project managers, implementation managers and core project team members supporting all project finance matters including, but not limited to, revenue recognition, cash flow, scope management, change order management, profitability, resourcing, customer support and other project related matters.


Responsibilities:

  • Provide accurate, transparent, and timely financial and non-financial analysis to support project leadership in project and project portfolio decision making process; clearly articulate financial implications of business decisions / choices, and provide retrospective analysis as well as drive forward looking actions
  • Support the project analysis requirements for simple and complex projects and/or contract types; be responsible for the execution of financial processes and preparation of monthly business analysis (e.g. revenues and costs, actuals vs. forecast, variances, cash flow) for defined projects
  • Maintain, produce and communicate a relevant and impactful set of project metrics consistent with the project and contract types being managed
  • Leverage understanding of the business context to synthesize financial and operational data into meaningful business insights that highlight performance, risk, and opportunities
  • Outline alternative finance scenarios with a high degree of technical knowledge, business acumen, best practice approach and minimal supervision
  • Provide updates on financial status of defined projects and/or client portfolio and fulfill any client financial reporting needs
  • Maintain/update simpler to complex projects and program budgets within relevant tools from post-award onwards including analysis and action on any subsequent changes in scope
  • Provide project resource planning support, monitor resource levels on ongoing projects and identify and communicate project/portfolio margin implications
  • Co-pilot project financial performance including, but not limited to, revenue recognition, cash flow, profitability, cost-to-complete calculations, resourcing and scope management
  • Support process and technology improvement initiatives as it relates to managing and delivery projects
  • Interact and support customer requests including analysis and discussion of project-related information requested by customers
  • Ensure compliance with all applicable regulatory requirements and company policies and standard operating procedures
  • Support project setup and closeout activities as necessary


Qualifications

  • Bachelor’s Degree in Business, Finance or Accounting, or relevant experience preferred
  • 4 years as a project financial analyst with 2-3 years experience in clinical research industry
  • Experience with ASC 606 revenue recognition required
  • Experience working in a complex, fast-paced and potentially ambiguous environment; Works effectively in a matrix environment
  • Strong experience with Excel and PowerPoint applications; experience with financial performance systems (e.g., NetSuite)
  • Exceptional attention to detail, accuracy, organizational, interpersonal, and teamwork skills
  • Excellent financial, communication, and interpersonal skills as well as an elevated level of personal motivation to achieve
  • Demonstrated ability to work with confidential and sensitive data
  • Effective time management and prioritization skills, to manage multiple projects or tasks simultaneously
  • The ability to perform in depth project analysis utilizing various sources of information to help make a support the decision-making process
  • Understands the importance of meeting deliverable timelines set by the client, the project team and corporate
  • Understands the underlying principles of revenue recognition and the relationship between Revenue, Backlog, Work in process and Invoicing


Obvio Health is proud to be an Equal Opportunity Employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.

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Salary.com Estimation for Project Financial Analyst in New York, NY
$94,610 to $121,267
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