Project Finance Analyst at IQVIA supporting multi-country, multi-service projects to maximize profitability and cash flow. Analyzing financials, monitoring compliance reports, and preparing project budgets.
Responsibilities
Provide project financial support and direction on assigned multi country, multi service projects, ensuring project financials are properly monitored and managed in pursuit of maximizing project profitability and cash flow.
Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, and unbilled/unearned positions.
Monitor monthly compliance reports, to ensure timely reporting of revenue and billing deliverables by Project Manager.
Prepare 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.
Monitor Unbilled, Write-off activity, Over the Limit and Contract Activation exception reports and resolve/escalate unusual activity.
Coordinate loading of global project budgets to financial management system, including collection of non IQVIA International Pricing (QIP) supported budgets. Review / reconcile loaded project budgets to ensure accuracy against contracted values.
Coordinate loading of payment schedule. Review / reconcile loaded project payment schedule to ensure accuracy against contracted values and compliance to negotiated contract terms.
Coordinate configuration of Project and Contract modules, including assignment of Rate Sets / Plans to Activities, configuration of Contract Lines and establishment of Billing / Revenue Limits.
Monitor and action monthly compliance reports, to ensure timely reporting of revenue and billing deliverables by Project Manager.
Review / monitor rate exception reports and coordinate resolution of rate issues in a timely manner with the Global Project Services Group.
Ensure review and completion of Project Check-off list throughout the project lifecycle (Activation, Configuration and Close-out).
Complete project close-out procedures and communicate Project Status Action to the Global Project Services Support Group.
Perform project level unbilled/unearned reconciliations as required.
Complete assigned Monthly and Quarterly Sarbanes Oxley reporting requirements.
Requirements
Bachelor's Degree Req
Solid accounting or project finance experience Req and equivalent combination of education, training and experience
Knowledge of revenue recognition, variance analysis, unbilled/unearned and cash flow management, and backlog forecasting.
Knowledge of Peoplesoft Project.
Knowledge of Microsoft Office applications.
Good analytical and numeracy skills.
Ability to identify financial issues and execute mitigating actions.
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.
Experience within Life science/Health sector will be considered a plus
Advanced English skills.
Benefits
IQVIA is committed to embracing a diverse and inclusive work environment.
Our goal is to attract and retain the best people, regardless of their gender, race, marital status, ethnic origin, national origin, age, disability, sexual orientation, gender identity or any other characteristic.
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