Business Analyst - Project Financial Management

Bristol Myers Squibb; Hyderabad; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Bristol Myers Squibb is seeking a Business Analyst - Project Financial Management to partner with project teams, drive budgets, and deliver financial insights across the portfolio.

The role requires 4–7 years in project financial management, strong ERP/PPM tooling, and the ability to operate in a global matrix organization, with opportunities to implement AI and automation to improve reporting.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, or related field.
• 4–7 years of experience in Project Financial Management, Financial Analysis, PMO Operations, or related disciplines.
• Experience supporting medium to large-scale technology or business transformation projects.
• Experience working within matrixed global organizations.

Responsibilities

• Partner with project teams to develop, monitor, and maintain project budgets, forecasts, and financial plans.
• Analyze project actuals, commitments, accruals, and forecast variances.
• Identify financial risks, gaps, and corrective actions to ensure projects remain within approved budgets.
• Support monthly, quarterly, and annual financial planning and forecasting activities.
• Track project spend against approved funding and provide recommendations to improve financial performance.
• Prepare financial reports, dashboards, and analysis for project and portfolio stakeholders.
• Perform detailed variance analysis and explain key financial trends.
• Maintain financial data integrity within ERP and Project Portfolio Management systems.
• Support leadership reporting through development of accurate and timely financial insights.
• Assist in financial modeling and scenario analysis activities.
• Ensure adherence to Project Financial Management standards, processes, and controls.
• Support project audits, financial reviews, and governance activities.
• Maintain project financial documentation and supporting records.
• Assist with project capitalization, procurement, and financial compliance activities.
• Drive issue identification and resolution for project financial concerns.
• Coordinate creation and maintenance of Purchase Orders.
• Monitor vendor spending and financial commitments.
• Support invoice reconciliation and financial tracking activities.
• Partner with Procurement and Finance teams to ensure timely processing of project expenditures.
• Identify opportunities to automate manual reporting and financial management activities.
• Leverage Generative AI tools to improve reporting, variance analysis, forecasting, and documentation quality.
• Develop AI-assisted dashboards and insights to improve project financial transparency.
• Utilize automation platforms such as Power Automate, Automation Anywhere, or similar tools to improve operational efficiency.
• Support implementation of AI and automation initiatives across project financial processes.
• Document project financial processes and recommend enhancements.
• Implement best practices that improve financial governance, reporting consistency, and operational efficiency.
• Participate in continuous improvement initiatives focused on financial operations and project delivery excellence.
• Support optimization of ServiceNow PPM and financial management workflows.
• Partner effectively with project managers, PMOs, Finance, Procurement, and business stakeholders.
• Communicate financial information to both technical and non-technical audiences.
• Provide guidance and support on project financial processes and reporting requirements.
• Contribute to cross-functional initiatives and project governance activities.

Skills

Analytical thinking

Financial modeling

Stakeholder communication

Problem solving

Attention to detail

Education

Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, or related field

Tools

SAP

Oracle

Workday Financials

ServiceNow PPM

Planview

MS Project

Power BI

Power Query

Pivot Tables

Excel

Job description

Key Responsibilities

At Bristol Myers Squibb, our employees often ask, “Who are you working for?”—a question that fuels collaboration, accountability, and urgency in our work. Our purpose-driven culture inspires us to discover, develop, and deliver innovative medicines to prevail over serious diseases. We offer uniquely interesting and meaningful work, opportunities for growth, and a supportive environment that values inclusion, wellbeing, flexibility, and comprehensive benefits. This is work that transforms the lives of patients, and the careers of those who do it.

Key Responsibilities

Project Financial Management

• Partner with project teams to develop, monitor, and maintain project budgets, forecasts, and financial plans.
• Analyze project actuals, commitments, accruals, and forecast variances.
• Identify financial risks, gaps, and corrective actions to ensure projects remain within approved budgets.
• Support monthly, quarterly, and annual financial planning and forecasting activities.
• Track project spend against approved funding and provide recommendations to improve financial performance.

Financial Analysis & Reporting

• Prepare financial reports, dashboards, and analysis for project and portfolio stakeholders.
• Perform detailed variance analysis and explain key financial trends.
• Maintain financial data integrity within ERP and Project Portfolio Management systems.
• Support leadership reporting through development of accurate and timely financial insights.
• Assist in financial modeling and scenario analysis activities.

Governance & Compliance

• Ensure adherence to Project Financial Management standards, processes, and controls.
• Support project audits, financial reviews, and governance activities.
• Maintain project financial documentation and supporting records.
• Assist with project capitalization, procurement, and financial compliance activities.
• Drive issue identification and resolution for project financial concerns.

Procurement & Vendor Financial Support

• Coordinate creation and maintenance of Purchase Orders.
• Monitor vendor spending and financial commitments.
• Support invoice reconciliation and financial tracking activities.
• Partner with Procurement and Finance teams to ensure timely processing of project expenditures.

AI, Analytics & Automation

• Identify opportunities to automate manual reporting and financial management activities.
• Leverage Generative AI tools to improve reporting, variance analysis, forecasting, and documentation quality.
• Develop AI-assisted dashboards and insights to improve project financial transparency.
• Utilize automation platforms such as Power Automate, Automation Anywhere, or similar tools to improve operational efficiency.
• Support implementation of AI and automation initiatives across project financial processes.

Process Improvement

• Document project financial processes and recommend enhancements.
• Implement best practices that improve financial governance, reporting consistency, and operational efficiency.
• Participate in continuous improvement initiatives focused on financial operations and project delivery excellence.
• Support optimization of ServiceNow PPM and financial management workflows.

Stakeholder Collaboration

• Partner effectively with project managers, PMOs, Finance, Procurement, and business stakeholders.
• Communicate financial information to both technical and non-technical audiences.
• Provide guidance and support on project financial processes and reporting requirements.
• Contribute to cross-functional initiatives and project governance activities.

Education & Experience

• Bachelor's degree in Finance, Accounting, Business Administration, Information Systems, or related field.
• 4–7 years of experience in Project Financial Management, Financial Analysis, PMO Operations, or related disciplines.
• Experience supporting medium to large-scale technology or business transformation projects.
• Experience working within matrixed global organizations.

Financial & Business Skills

• Strong understanding of budgeting, forecasting, accruals, financial reporting, and variance analysis.
• Knowledge of project lifecycle financial management.
• Understanding of procurement processes and Purchase Order management.
• Ability to analyze large datasets and identify meaningful insights.

Technical Skills

• Intermediate to advanced experience with ERP systems (SAP, Oracle, Workday Financials, or similar).
• Experience using Project Portfolio Management tools (ServiceNow PPM, Planview, MS Project, or equivalent).
• Advanced Microsoft Excel skills including Pivot Tables, Power Query, and financial modeling.
• Strong PowerPoint and data visualization capabilities.
• Experience with Power BI or similar analytics platforms.

AI & Automation Skills

• Experience using Generative AI tools such as Microsoft Copilot, ChatGPT Enterprise, or similar platforms.
• Understanding of prompt engineering and AI-assisted business processes.
• Knowledge of workflow automation tools such as Power Automate, Automation Anywhere, or UiPath.
• Ability to identify and implement automation opportunities that improve productivity and reduce manual effort.
• Basic understanding of data governance and Responsible AI principles.

How We Work

Where you work matters – because collaboration, innovation and patient impact happen in many settings. Our roles are structured across four work models: site-essential, site-by-design, field-based and remote-by-design. The model assigned to this role is based on its core responsibilities. Learn more at https://careers.bms.com/ways-of-working.

Supporting People With Disabilities

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to [e-mail]. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

Candidate Rights

BMS will consider qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

For roles based in Los Angeles County only: If you live in or expect to work from Los Angeles County if hired for this position, please visit this page for important additional information: https://careers.bms.com/california-residents/

Data Protection

We will never request payments, financial information, or social security numbers during our application or recruitment process. Learn more about protecting yourself at https://careers.bms.com/fraud-protection.

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.

If this posting is missing required information required by local law or incorrect, contact BMS at [e-mail] with the Job Title and Requisition number.

R1604643 : Business Analyst - Project Financial Management