Project Financial Analyst II

POSTED ON 12/25/2022 CLOSED ON 1/7/2023
Syneos Health - USA Hired Organization Address United States; Homeworking, Full Time

Job Posting for Project Financial Analyst II at Syneos Health - USA


Project Financial Analyst II

Syneos Health is the only fully integrated biopharmaceutical solutions organization purpose-built to accelerate customer success. We lead with a product development mindset, seamlessly connecting our capabilities to add high-value insights to speed therapies to patients and provide practical value to help our customers achieve their objectives.

Every day we perform better because of how we work together, as one team, each the best at what we do. We bring a wide range of talented experts together across a wide range of business-critical services that support our business. Every role within Corporate is vital to furthering our vision of Shortening the Distance from Lab to Life®.

Discover what our 29,000 employees, across 110 countries already know:

Why Syneos Health
  • We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
  • We are committed to our Total Self culture - where you can authentically be yourself. Our Total Self culture is what unites us globally, and we are dedicated to taking care of our people.
  • We are continuously building the company we all want to work for and our customers want to work with. Why? Because when we bring together diversity of thoughts, backgrounds, cultures, and perspectives - we’re able to create a place where everyone feels like they belong.

Job responsibilities

Job responsibilities:
  • Supports Business Unit CFO :
    • Records revenue each month for Unit, Fee for Service and Fixed Price contracts; Assignments include complex contracts/projects;
    • Loads project budgets into Oracle and maintains other project data in Oracle and associated systems and schedules;
    • Prepares project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results;
    • Coordinates monthly forecasting of financial results (backlog);
    • Meets established deadlines for Revenue and Backlog submittals;
    • Serves as a key contact point for interpretation and investigation of financial results in assigned area for Project Mangers, Project Leads and Business Unit Heads;
    • Run P&Ls (Profit and Loss), G/L (General Ledger) account details, and Project level reports in order to investigate and resolve anomalies and unusual trends; and
    • Reviews executed and proposed Contracts, Letter Agreements, Work Orders, Change Orders and other contract information as assigned. Approves pending Change Orders for assigned studies.
    • Captures, assesses and consolidates results; and Prepares key reports such as annual cost and expense budgets, cost rates, cost and expense forecasting, monthly utilization, resourcing requirements, headcount , revenue backlog analysis, and/or gross profit for assigned area;
    • Analyzes monthly results and assists Business Unit Controller (BUC) in reviews with Business Unit Heads to evaluate performance on a monthly basis;
    • Participates in the annual budgeting process including the creation and/or review of budget versus actual numbers; and Produces ad hoc reports independently.
    • Responsible for working capital management for assigned projects
  • Attends project meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules as assigned.
  • Identifies and implements controls, efficiencies, and procedures to ensure financial information is reported accurately and timely for group deadlines.
  • Monitors the overall health of assigned projects including but not limited to revenues, gross profit, receivables, and unbilled amounts as well as project close outs and reconciliations.
  • May assist with training more junior team members

  • Qualifications

    What we’re looking for:

    • BS/BA degree in Business, Accounting, Finance, or equivalent education and experience. Pharmaceutical or CRO experience preferred.
    • Strong English proficiency.
    • Advanced proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) is essential.
    • Proficiency with accounting software packages is necessary and experience with Oracle Finance is preferred.
    • Requires exceptional attention to detail, accuracy, organizational, interpersonal, and teamwork skills. Excellent financial, communication, and interpersonal skills are as well as a high level of personal motivation to achieve.
    • Demonstrated ability to work with confidential and sensitive data is required.
    • Ability to perform several tasks simultaneously to meet deadlines and provide leadership to less senior staff.

    Get to know Syneos Health
    Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000 Trial patients.

    No matter what your role is, you’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment. Learn more about Syneos Health .

    Additional Information:
    Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees. The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.

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