Project Financial Analyst I

1001 Syneos Health, LLC; North Carolina; Hybrid; USD 60,000 - 75,000; Full time

Job summary

Syneos Health in the United States seeks a Project Financial Analyst I to support budgeting, forecasting, and financial reporting for assigned projects within the Clinical Solutions team. You will load budgets into Oracle, create monthly variance analyses, and assist in backlog forecasting while coordinating with the Unit Controller to produce key performance reports.

A BA/BS in business or finance and strong English skills are required; familiarity with accounting software and Oracle Finance is

Qualifications

• Bachelor's degree in Business/Accounting/Finance or equivalent education and experience.
• 0–2 years of related experience; pharmaceutical or CRO experience preferred.
• Strong English proficiency; proficient with Microsoft Office; experienced with accounting software; Oracle Finance preferred.
• Excellent attention to detail, organizational, interpersonal and teamwork skills; ability to handle confidential data; strong communication skills.

Responsibilities

• Load project budgets into Oracle/Revenue Wizard and maintain project data in Oracle/systems.
• Draft actual vs. budget/forecast variance analyses and monthly reports.
• Forecast monthly financial results ( backlog ) and meet submission deadlines.
• Prepare project close-out reconciliations and review Work Orders/Change Orders.
• Consolidate results with the Unit Controller and draft key reports (costs, revenue backlog, gross profit).
• Attend project meetings to capture data for setup and participate in monthly project reviews.
• Monitor revenues, gross profit, receivables, and unbilled amounts across projects.

Skills

Financial analysis

Budgeting

Forecasting

Attention to detail

Communication

Multitasking

Education

Bachelor's degree in Business/Accounting/Finance

Tools

Oracle Finance

Microsoft Office

Job description

Project Financial Analyst I

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. Our Clinical Solutions team members act with a drug development mindset, applying their years of experience and deep expertise to truly understand customer needs and represent those in the solutions we shape. Whether you join us in a Functional Service Provider partnership or a Full-Service environment, you’ll collaborate with passionate problem solvers, innovating as a team to help our customers achieve their goals. We are agile and driven to deliver – for one another, our customers, and, most importantly, for those in need.

Discover what your 25,000 future colleagues already know:

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.

Job Responsibilities

Core Responsibilities Supports Business Unit Controller in: Records revenue each month for Unit, Fee for Service and Fixed Price contracts. Loads project budgets into Oracle/Revenue Wizard and maintaining key member lists (project set up) and other project data in Oracle and associated systems and schedules. Drafts project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results. Drafts monthly forecasting of financial results (backlog). Meets established deadlines for Revenue and Backlog submittals. Timely preparation of project close out reconciliations. Reviews, with assistance, executed Work Orders and Change Orders for bonus or other anomalies. Works closely with Business Unit Controller to: Captures, assesses and consolidates results. Drafts key reports such as annual cost and expense budgets, cost rates, cost and expense forecasting, monthly utilization, headcount, revenue backlog analysis, and/or gross profit for assigned area. Updates predefined reports. Attends project meetings as applicable to support assigned areas. Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules. Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues and the accuracy of the forecast. Monitors the overall health of assigned projects including but not limited to revenues, gross profit, receivables, and unbilled amounts as well as project close outs and reconciliations.

Qualifications

4 Year BA/BS degree in Business, Accounting, Finance, or equivalent education and experience. Minimum of zero to two (0 - 2) years of related experience Pharmaceutical or CRO experience preferred. Strong English proficiency. Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) is essential. Proficiency with accounting software packages. Experience with Oracle Finance is preferred. Exceptional attention to detail, accuracy, organizational, interpersonal, and teamwork skills. Excellent financial, communication, and interpersonal skills as well as a high level of personal motivation to achieve. Demonstrated ability to work with confidential and sensitive data. Ability to perform several tasks simultaneously to meet deadlines is necessary.

Disclaimer

Disclaimer 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.

US ONLY Physical Requirements

Position requires: ability to occasionally move about inside the office to access filing cabinets, office equipment, etc. and to move between office locations; ability to maintain a stationary position for prolonged periods of time; ability to occasionally manipulate (e.g., lift, carry, move) office items and packages of light to medium weights of 10-35 pounds; ability to constantly operate a computer and other office productivity equipment (e.g., scanner, phone, printer, copier); ability to perceive and assess written materials for prolonged periods of time; and ability to frequently communicate with colleagues on the phone, by email, and in-person.

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, and filing cabinets. The noise level in the work environment is low. This is a largely sedentary role.

Benefits

The benefits for this position may include a company car or car allowance, Health benefits to include Medical, Dental and Vision, Company match 401k, eligibility to participate in Employee Stock Purchase Plan, Eligibility to earn commissions/bonus based on company and individual performance, and flexible paid time off (PTO) and sick time. Because certain states and municipalities have regulated paid sick time requirements, eligibility for paid sick time may vary depending on where you work. Syneos complies with all applicable federal, state, and municipal paid sick time requirements.

Salary Range

Salary Range: The base salary range represents the anticipated low and high of the Syneos Health range for this position. Actual salary will vary based on various factors such as the candidate’s qualifications, skills, competencies, and proficiency for the role. 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. Learn more about Syneos Health. http://www.syneoshealth.com

Culture & Values

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 how 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.