Project Financial Analyst I
About the role
Syneos Health is a leading fully-integrated life sciences services organization built to accelerate customer success. We partner with innovators at every point across the drug development and commercialization continuum, helping them navigate complexity, anticipate change and accelerate progress. Our Clinical Solutions team members act with a drug development mindset, applying their years of experience and deep expertise to truly understand customer needs and represent those in the solutions we shape. Whether you join us in a Functional Service Provider partnership or a Full-Service environment, you’ll collaborate with passionate problem solvers, innovating as a team to help our customers achieve their goals. We are agile and driven to deliver – for one another, our customers, and, most importantly, for those in need.
Responsibilities
- Serves as financial analyst for Business Unit Controller(s) and Associate Director(s) Finance.
- Prepares, reconciles, analyzes and reports Business Unit(s) revenue, contracts, projects, and associated metrics.
- Produces financial and other business analyses, interpretation, and investigation of data for operations for assigned projects and contracts.
- Ensures all reporting activities are accurate and prepared within established timelines.
- Supports Business Unit Controller in:
- Recording revenue each month for Unit, Fee for Service and Fixed Price contracts;
- Loading project budgets into Oracle/Revenue Wizard and maintaining key member lists (project set up) and other project data in Oracle and associated systems and schedules;
- Drafting project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results;
- Drafting monthly forecasting of financial results (backlog);
- Meeting established deadlines for Revenue and Backlog submittals;
- Timely preparation of project close out reconciliations;
- Reviewing, with assistance, executed Work Orders and Change Orders for bonus or other anomalies.
- Works closely with Business Unit Controller to:
- Capture, assess and consolidate results; and
- Draft key reports such as annual cost and expense budgets, cost rates, cost and expense forecasting, monthly utilization, headcount, revenue backlog analysis, and/or gross profit for assigned area.
- Updates predefined reports.
- Attends project meetings as applicable to support assigned areas.
- Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules.
- Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues and the accuracy of the forecast.
- 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.
Qualifications
- BA/BS degree in Business, Accounting, Finance, or equivalent education and experience.
- Minimum of zero to two (0–2) years of related experience.
- Pharmaceutical or CRO experience preferred.
- Strong English proficiency.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) is essential.
- Proficiency with accounting software packages.
- Experience with Oracle Finance is preferred.
- Exceptional attention to detail, accuracy, organizational, interpersonal, and teamwork skills.
- Excellent financial, communication, and interpersonal skills as well as a high level of personal motivation to achieve.
- Demonstrated ability to work with confidential and sensitive data.
- Ability to perform several tasks simultaneously to meet deadlines is necessary.
Pay
Salary Range: $47,000.00 – $79,900.00. The base salary range represents the anticipated low and high of the Syneos Health range for this position. Actual salary will vary based on various factors such as the candidate’s qualifications, skills, competencies, and proficiency for the role.