Project Financial Analyst I, CRO Experience (India)

At Allucent™, we are dedicated to helping small-medium biopharmaceutical companies efficiently navigate the complex world of clinical trials to bring life-changing therapies to patients in need across the globe.

We are looking for Project Financial Analyst I to join our A-team (hybrid*). As Project Financial Analyst in Allucent you will be responsible for for the financial management of the study. The PFA works with the project team and the proposal function to ensure that the project budgets are loaded into Financial system, and that the project budgets are tied out to their current contracts. The PFA works with the project team to collect the necessary information to analyze and assess percentage completion on the study for revenue recognition purposes.

In this role your key tasks will include:

• Responsible to work with the project team to reconcile units achieved to ensure proper customer invoicing and to flag potential out-of-scope activities.
• Analyzing project profitability and working with the project team to identify deviations, assess root causes, and help craft corrective actions.
• Working capital management on the study.  Most important is the preparation of accurate, timely invoicing whether it is monthly invoicing or milestone invoicing.
• Work with project management to ensure that accounts are collected timely and that deviations are promptly escalated to Operations and Finance leadership.
• Work with project teams to develop a financial forecast for the study as well as resource needs for the project.
• Contract Management - Read and understand the contract to help ensure adherence to project scope and contractual deliverables.
• Work with the project team to identify out-of-scope activities and work with the project team and proposal organization to develop change orders on a timely basis to maximize recovery.
• Provide financial analysis and support, and work with study teams to implement corrective actions and process improvements.
• Actively contribute to staff learning & development within the company
• Provide and coordinate finance training for relevant staff and operations team as needed.
• Account management, sales & acquisition.
• Monitor and ensure client satisfaction with finance-related activities.
• Provide support in business development process including credit control and development of project budgets and cash flow solutions.