Overview
Provide project financial support and direction on global and/or large 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 (SOX), Company Policy and Procedures, US Generally Accepted Accounting Principles (GAAP) and financial practices.
Essential Functions
Act as a financial advisor to the Project Manager, and Global Unit 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 variance global 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 and exception 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.
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 (SOX) reporting requirements.
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, mid to large sized customers, and associated responsibilities in support of career progression planning initiatives.
Qualifications
Bachelor’s degree with 3+ years of accounting or project finance experience; or 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.
Experience with SOX.
Technical accounting skills.
Strong 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.
IQVIA is a leading global provider of advanced analytics, technology solutions and clinical research services to the life sciences industry. We believe in pushing the boundaries of human science and data science to make the biggest impact possible – to help our customers create a healthier world. Learn more at https://jobs.iqvia.com
We are committed to providing equal employment opportunities for all, including veterans and candidates with disabilities. https://jobs.iqvia.com/eoe
IQVIA’s ability to operate and provide certain services to customers and partners necessitates IQVIA and its employees meet specific requirements regarding COVID-19 vaccination status. https://jobs.iqvia.com/covid-19-vaccine-status
The potential base pay range for this role, when annualized, is $87,400.00 – $131,200.00. The actual base pay offered may vary based on a number of factors including job-related qualifications such as knowledge, skills, education, and experience; location; and/or schedule (full or part-time). Dependent on the position offered, incentive plans, bonuses, and/or other forms of compensation may be offered, in addition to a range of health and welfare and/or other benefits.
IQVIA is a world leader in using data, technology, advanced analytics, and expertise to help customers drive healthcare – and human health – forward. Together with the companies we serve, we are enabling a more modern, more effective and more efficient healthcare system, and creating breakthrough solutions that transform business and patient outcomes.
To get there, it takes diverse skills and a curiosity to explore new possibilities. No matter your role, everyone at IQVIA, including our colleagues at Q² Solutions, contributes to our shared goal of improving human health. Thank you for your interest in growing your career with us.
EEO Minorities/Females/Protected Veterans/Disabled
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