Finance Analyst (Project Finance)

4 days left

ICON Clinical Research
Apr 03, 2024
Apr 19, 2024
Work Mode
Work from office
Full Time
Organization Type
Academia, Corporate
At ICON, it's our people that set us apart. Our diverse teams enable us to become a better partner to our customers and help us to fulfil our mission to advance and improve patients' lives.
Our 'Own It' culture is driven by four key values that bring us together as individuals and set us apart as an organisation: Accountability & Delivery, Collaboration, Partnership and Integrity. We want to be the Clinical Research Organisation that delivers excellence to our clients and to patients at every touch-point. In short, to be the partner of choice in drug development.
That's our vision. We're driven by it. And we need talented people who share it.
If you're as driven as we are, join us. You'll be working in a dynamic and supportive environment, with some of the brightest and the friendliest people in the sector, and you'll be helping shape an industry.
Job Description - Finance Analyst (Project Finance)
- Work with Finance group, clinical project managers and others to manage budgets and to assist with the monthly revenue recognition and forecasting for each contract.
- Make sure the projects are on track to stay within budget.
- Monitor the contracts for out-of-scope work and generate Change Orders.
- Monitor and meet with Project Managers on the correct use of revenue tracking files.
- Ownership of Study E2E - Understand the health of the study by analysing the financial and operational metrics such as FTE over burn or buffer, Invoicing, potential billing opportunity, financial KPIs - discussion with Project Manager if any adverse metrics will be accommodated by Sponsor in upcoming Change Order if any and reporting the same to Vice President of the study - to help in decision making and in total to comprehend the viability of study
- External Reporting to Sponsor -Monthly and quarterly reporting involving Ownership of sponsor level MIS including Fee - budgeted and forecasted, pass through expenses, Units achieved, milestone reached and Invoiced, Out of scope activities rendered to ensure potential invoicing is not missed and any additional ad hoc MIS reports to assist decision making by liaising with operational team and Project Manager
- Demonstrate leadership, teamwork, energy, responsiveness, decision-making, and effectiveness.
- Develop, prepare and Maintain Monthly Revenue financial forecasts and budget reconciliations for the business unit.
- Analyse business unit Monthly / Quarterly financial results and key Performance indicators. Prepare monthly Business unit reporting packages with insightful commentary and analysis.
- Identification of key Revenue and Margin drivers within the portfolio.
- Build strong working relationships with the Project Management group.
- Support the preparation of ad-hoc management presentations.
- Recognize, exemplify and adhere to ICON's values which centres on our commitment to People, Clients and Performance.
- As a member of staff, the employee is expected to 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.
Experience, Skills & Knowledge Requirement:
- To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Demonstrate ability to interpret data (analytical skills) and convert between formats.
- Numerate with financial understanding.
- Excellent working knowledge of MS office package, in particular Excel.
- Prior experience in Oracle Financial systems, Hyperion, Alteryx, Power BI etc. is an advantage.
- Excellent communication (written and oral) and influencing skills.
- Desire to continue their financial education (CA, CPA, CMA, MBA or other relevant financial education)
- Experience in Financial Analysis and planning Preferred.
Educational Requirements:
- Completed Bachelor's degree or its international equivalent
- Professional Accountancy Qualification or Semi Qualification (CPA/ CWA/CA/ CMA/MBA)
- 3 + years of Post Qualification Experience.
Benefits of Working in ICON:
Our success depends on the quality of our people. That's why we've made it a priority to build a culture that rewards high performance and nurtures talent.
We offer very competitive salary packages. And to keep them competitive, we regularly benchmark them against our competitors. Our annual bonuses reflect delivery of performance goals - both ours and yours.
We also provide a range of health-related benefits to employees and their families and offer competitive retirement plans - and related benefits such as life assurance - so you can save and plan with confidence for the years ahead.
But beyond the competitive salaries and comprehensive benefits, you'll benefit from an environment where you are encouraged to fulfil your sense of purpose and drive lasting change.
ICON is an equal opportunity and inclusive employer and is committed to providing a workplace free of discrimination and harassment. All qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please let us know through the form below.