Project Financial Analyst 1

Fortrea; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Fortrea in Bengaluru is seeking a Financial Analyst with CRO/pharma experience to provide financial insight on international clinical trials. The role focuses on revenue recognition, GAAP compliance, and project-level profitability.

The ideal candidate will communicate with stakeholders across a global matrix organization, maintain project financial records, and support audits and monthly reviews.

Qualifications

• Bachelor's degree in Accounting or equivalent work experience.
• 2 years finance experience and/or 1 year in project/financial analysis within CRO/pharma.
• Proficient in GAAP and financial record-keeping.
• Strong communication with stakeholders across a global organization.

Responsibilities

• Understand and calculate revenue recognition on a Cost to Complete basis.
• Maintain complete project financial records in accordance with GAAP.
• Provide timely project information and margins to support revenue recognition.
• Deliver project analysis during Monthly Project Review processes.
• Identify issues affecting project results and profitability and propose solutions.
• Enter budgets and project data into accounting systems for accurate invoicing.
• Support internal, external and SOX audits as needed.

Skills

Attention to detail

Time management

Organizational skills

Stakeholder communication

Education

Bachelor's Degree in Accounting

Tools

Excel

Microsoft Office

Databases

Job description

Job Overview:

Do you have proven experience working as a project/financial analyst within a Contract Research Organization (CRO) or pharmaceutical company providing financial insight on international clinical trials?

Do you have a natural ability to communicate with key stakeholders within a large global organization?

Do you want to work for an industry leading CRO, with a mission to improve human lives?

Fortrea’s work in developing new pharmaceutical solutions has an incredible impact on millions of lives worldwide. Be a part of this life-saving work and help improve patients’ lives while growing your career.

We are committed to providing our customers with exactly what they need, from outsourced single studies, to managing complex programs and the development of long term strategic partnerships.

As a Financial Analyst at Fortrea your main responsibilities will be to:

• Understand and calculate revenue recognition on a Cost to Complete methodology and provide insight to senior management on project movements assigned to you
• Maintain complete and accurate project financial records in accordance with GAAP
• Provide timely project information and margins to finance to support revenue recognition on a Cost to Complete methodology
• Deliver understandable project analysis information to project team members and management as part of the Monthly Project Review Process
• Work with project team to proactively identify issues affecting project results and profitability
• Identify workable solutions to minimize risk and maximize profitability
• Work with other analysts to identify project trends and issues
• Enter budgets and necessary project information into the financial accounting system and project analysis files to allow for accurate project coding, invoicing and accounting
• Serve as a financial resource to project managers or other project team members
• Provide project financial training, as necessary
• Respond to project manager, sponsor, business development director or other customer requests for project information
• Indirect support of other analysts as needed
• Assist in both Internal, External and SOX Audits
• Ad hoc analysis as required by the project team or senior management
• Assisting with Audit queries.
• Monitor the overall health of assigned projects including but not limited to revenue, gross profit, forecasted hours as well as project close outs and reconciliations

Education/Qualifications:

• Bachelor’s Degree in Accounting or equivalent work experience

Experience:

• 2 Years Finance experience and/or 1 Years working as Project/ Financial Analyst within a CRO or pharmaceutical company providing financial oversight on international clinical trials
• Competent in Microsoft Office and good knowledge of using EXCEL and/or databases
• Attention to detail, time management skills, and organizational skills
• Ability to communicate with a wide range of stakeholders across a global, matrixed organization

Learn more about our EEO & Accommodations request here.