Job Overview
Provide project financial support and direction on complex global multi region, multi service studies, ensuring project financials are properly monitored and managed in pursuit of maximizing project profitability and cash flow. Support all project finance related activities for assigned projects in accordance with Sarbanes Oxley, Company Policy and Procedures, US Generally Accepted Accounting Principles (GAAP) and financial practices.
Essential Functions
• Manage staff, including professional development and performance appraisals. Review work load of direct report(s). Establish goals that will increase knowledge and skills levels by providing input on delegating tasks commensurate with skill level.
• Act as a financial advisor to the Project Manager, the Global Unit Head, and/or the Global Operation Head. Assist in the preparation for the Monthly Project Review, and proactively participate in meeting discussions to identify, communicate and address financial issues.
• Complete month-end close, providing global variance explanations to forecast.
• Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, unbilled/unearned and cash positions. Monitor monthly compliance reports to ensure timely reporting of revenue and billing deliverables by Project Manager.
• Support monthly reporting requirements for assigned projects, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required.
• Review and approve work movements and changes, and final remaining revenue adjustment for assigned projects.
• Ensure project journal, write-offs, and financial adjustments are properly documented, reviewed and approved.
• Perform final configuration review and approval of the Projects and Contracts modules for assigned projects.
• Reconcile and monitor Unbilled, Write-off activity, Over the Limit and Contract Activation exception reports and resolve unusual activity.
• Monitor project and customer activity against contract terms to ensure foreign exchange rate variances and discounts are properly monitored and accounted for.
• Complete assigned Monthly and Quarterly Sarbanes Oxley reporting requirements.
• Coordinate customer and financial audit requirements for assigned projects.
• Ensure awareness of current Company policy and procedures and monitor project activity to ensure compliance.
• Partner with other Project Finance members to develop and implement process improvements.
• Train and mentor more junior staff.
• Will be assigned Global projects, large customers, therapeutic units and associated responsibilities in support of career progression planning initiatives.
• Perform other duties as assigned.
Qualifications
• Bachelor's Degree Req
• 7 years’ accounting or project finance experience; including previous management experience Req Or
• Equivalent combination of education, training and experience. Req
• Knowledge of revenue recognition, variance analysis, unbilled/unearned and cash flow management, and backlog forecasting.
• Knowledge of Peoplesoft Project.
• Knowledge of Microsoft Office applications.
• Strong analytical and numeracy skills.
• Ability to identify financial issues, develop and execute mitigating actions.
• Effective verbal and written communication skills.
• Strong influencing skills
• Management of others
• Ability to prioritize and coordinate multiple work requirements to meet deadlines.
• Ability to establish and maintain effective working relationships with co-workers, managers and clients.
IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com