Sr Financial Associate

5264 Syneos Health India Private Limited; Gurugram District; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Syneos Health is seeking a Senior Financial Analyst to act as a finance business partner across units, offering expertise in revenue recognition, forecasting, budgeting, and profitability analysis. The role mentors analysts and drives process improvements to support business growth.

The position requires 6–10 years in FP&A or related fields, with strong Excel, ERP (Oracle/Workday) skills and a finance background in healthcare or professional services. MBA preferred.

Qualifications

• 6–10 years of FP&A, project finance, or contract accounting experience.
• Experience with revenue recognition, forecasting, budgeting and profitability analysis.
• Experience supporting project-based businesses preferred.

Responsibilities

• Record and validate monthly revenue for various contract types and prepare variance analyses.
• Manage budgets, forecasts, backlog reporting, and project profitability.
• Support contract changes, revenue treatments, and financial controls.
• Deliver monthly performance reports and business reviews with leadership.

Skills

FP&A

Excel advanced

Power Query

Pivot Tables

Education

Bachelor's in Finance

MBA (preferred)

Tools

Oracle ERP

Workday ERP

Job description

Sr Financial Associate 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. Every day we perform better because of how we work together, as one team, each the best at what we do. We bring together talented experts across a broad spectrum of business critical corporate functions. Every role plays an essential part in enabling our customers to achieve their goals. Our teams are agile, collaborative, and committed to delivering—for each other, for our customers, and ultimately for the people who rely on the services we support.

Why Syneos Health

• We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
• We are committed to building an inclusive culture – where you can authentically be yourself. Central to this is our purpose – Driven to Deliver – which captures the passion of our colleagues to show up each day and shape solutions that have the ability to dramatically impact someone’s life.
• We are continuously building the company we all want to work for and our customers want to work with. Why? Because we know that when we bring together smart colleagues from across the world, we can shape the future of healthcare, driving impact for customers and defining the pace of patient progress.

Job Responsibilities

Position Summary The Senior Financial Analyst serves as a key finance business partner to Business Unit Controllers and Associate Directors of Finance, providing financial leadership, analytical support, and operational insights across assigned business units, projects, and contracts. The role is responsible for revenue recognition, forecasting, budgeting, backlog management, profitability analysis, financial reporting, project financial oversight, and business performance reviews. This position also provides guidance and mentoring to Financial Analysts and supports continuous improvement initiatives, financial controls, and system enhancements to drive operational excellence and business growth.

Key Responsibilities

1. Financial Planning, Reporting & Revenue Management Record and validate monthly revenue for Fee-for-Service, Fixed Price, and Unit-based contracts. Manage complex projects and contracts, ensuring compliance with revenue recognition policies. Prepare monthly project-level actual versus budget and forecast variance analyses. Generate and distribute monthly financial performance reports and dashboards. Coordinate monthly forecasting cycles, including backlog and revenue projections. Meet established deadlines for revenue and backlog submissions. Prepare project closeout reconciliations and resolve financial discrepancies. Monitor project financial performance, including revenue, gross profit, receivables, unbilled balances, and project profitability.

2. Project Financial Management Load and maintain project budgets, resource plans, key member lists, and project data within financial systems. Support financial setup of newly awarded projects and ensure accurate project initialization. Review project-level financial activity and investigate unusual trends, variances, or anomalies. Analyze project profitability and provide recommendations for performance improvement.

3. Contract & Backlog Management Review executed and proposed contracts, work orders, change orders, letter agreements, and amendments. Support approval processes for pending change orders and contract modifications. Assess financial implications of contractual changes and ensure proper revenue treatment. Maintain accurate backlog reporting and forecasting for assigned business units.

4. Business Performance Analysis Prepare and analyze: Annual budgets Financial forecasts Cost and expense projections Utilization metrics Headcount planning Resource requirements Revenue backlog analyses Gross profit and margin reports Support monthly business reviews with Business Unit Controllers and operational leaders. Deliver actionable insights on business growth trends, profitability, productivity, and operational performance. Develop ad hoc financial analyses and management reports as required.

Education

Bachelor's degree in finance, Accounting, Commerce, Economics, Business Administration, or a related discipline. MBA or equivalent professional qualification preferred.

Experience

6–10 years of progressive experience in Financial Planning & Analysis (FP&A), project finance, commercial finance, business finance, or contract accounting. Experience supporting project-based businesses, CROs, professional services, healthcare, consulting, technology, or similar industries preferred. Experience with revenue recognition, forecasting, budgeting, contract review, and profitability analysis.

Technical Skills

Strong knowledge of financial accounting and revenue recognition principles. Advanced Microsoft Excel skills (Power Query, Pivot Tables,) Experience with ERP systems such as Oracle, Workday, or similar platforms. Knowledge of financial reporting, budgeting, forecasting, and variance analysis.

Core Competencies

• Financial Analysis & Business Partnering
• Revenue Recognition & Contract Management
• Budgeting & Forecasting
• Problem Solving & Critical Thinking
• Stakeholder Management
• Process Improvement
• Project Management
• Team Leadership & Mentoring
• Communication & Presentation Skills

Get to know Syneos Health

Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients. No matter what your role is, you’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment.

Additional Information

Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees. The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.

Discover what our Syneos Health colleagues already know: work here matters everywhere. Work alongside the brightest minds in the biopharmaceutical industry taking down walls and removing barriers to speed our customers’ delivery of important therapies to patients. We are strategic thinkers who actively seek different perspectives, whether across offices or across oceans. Because we solve some of the toughest challenges facing the most prestigious healthcare companies today, you'll gain exposure and be supported with comprehensive resources including emerging technologies, data, science and knowledge sharing. The diversification and breadth of Syneos Health creates a multitude of career paths and employment opportunities. We’re a growing, global company dedicated to advancing our talent past their initial role. Discover what our 29,000 employees already know: work here matters everywhere. We work hard, and smart, all in the name of getting much-needed therapies to those who need them most. A career with Syneos Health means your everyday work improves patients’ lives around the world. Selecting us as an employer secures a career in which you’re guaranteed to: Partner with the most diverse team of experts in the industry. From the top down, our people are inspiring. Everyone has a voice and is encouraged to use it. Work in specialized Syneos Health teams that are therapeutically or functionally aligned for expert collaboration. We assemble clinical teams where everyone, from CRAs to senior management, is skilled in the same therapeutic area or customer teams. With this structure, everyone on your team speaks the same language and can deliver unique insights into the therapeutic environment and patient population. We are partners with purpose. We integrate seamlessly with our customers and do what’s best for their success. Our people provide the brilliant ideas, valuable insights and endless energy that accelerates the impact of life changing therapies worldwide.