Project Finance Analyst

IQVIA, Inc.; Livingston; On-site; GBP 35,000 - 55,000; Full time

Job description

Job Overview

Provide project finance support and direction to Project Managers by ensuring project financials are properly monitored and managed. Pursue timely budget revisions to prevent projects from exceeding the latest signed budget value, address all unbilled transactions through the revision request process, and collaborate with PMs to review backlog phasing to ensure it is reasonable. Additionally, offer high quality support to clients to ensure their budgets are well managed throughout the lifetime of their projects.

Essential Functions

1. Conduct monthly review and analysis of assigned projects, including review of Budget tracking systems to determine if there are any budgetary issues which need to be addressed.
2. Coordinate with members of the Lab finance team on any systems specific actions required to address any issues/challenges uncovered in the review of project finances.
3. Review budget details with the Project Manager; outlining action that should be taken to avoid revenue and/or billing issues and highlight budget adjustments to be incorporated in revision requests.
4. Ensure the Project Manager is raising revision requests in a timely manner and support this process by capturing the relevant finance data required.
5. Review budget revisions before they are sent to clients to ensure they look reasonable, capture all unbilled items and the budget is sufficient until the predicted end of the study.
6. Provide appropriate training and support to PMs to ensure they have a clear understanding of the projects financial position and can clearly communicate the status to the client.
7. Provide finance support to Project Managers on any client requests to discuss the project finances in more detail.
8. Review regional Backlog phasing with the PM on a monthly basis to ensure any major changes expected are captured and to confirm the current years backlog phasing is reasonable.
9. Track and manage Financial performance metrics for assigned clients and implement process improvements to ensure excellent financial delivery.
10. Participate in client meetings as requested to support financial related discussions.
11. Perform any other duties as assigned.

Qualifications

1. High School Diploma or equivalent or Bachelor's Degree.
2. 4+ years in Project Finance or equivalent combination of education, training and experience.
3. Knowledge of Peoplesoft Project.
4. Knowledge of Microsoft Office applications.
5. Technical accounting skills.
6. Data analysis and manipulation skills.
7. Ability to exercise judgment within procedures and practices to determine appropriate action.
8. Ability to prioritize and coordinate multiple work requirements to meet deadlines.
9. Ability to establish and maintain effective working relationships with co-workers, managers and clients.