Senior Financial Analyst

Mindlance; Woodcliff Lake (NJ); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading financial services provider is seeking a Senior Financial Analyst to support Medical Affairs Finance. Responsibilities include budgeting, forecasting, and accounting for Medical Affairs operations, as well as ensuring compliance with GAAP guidelines. We're looking for candidates with a BA or BS in Accounting/Finance and at least 4 years of relevant experience. Strong analytical skills and proficiency in Excel are essential. This role offers a dynamic work environment with opportunities for creative collaboration across all levels.

Qualifications

• 4+ years of accounting and/or financial business experience preferred.
• Experience in the pharmaceutical industry is a plus.
• Understanding of basic accounting concepts related to expense rules.

Responsibilities

• Develop Annual Budgets and Forecasts with Medical Affairs Team.
• Ensure accurate and timely monthly closing and compliance with GAAP guidelines.
• Conduct Final Study Reconciliations and review financial terms of contracts.

Skills

Strong decision making and problem solving

Analytical skills

Excellent verbal and written communication

Ability to work independently

Ability to embrace change

Strong computer skills (Microsoft Excel, Word, PowerPoint)

Knowledge of SAP

High level of Excel knowledge

Education

BA or BS Degree in Accounting/Finance

CPA / MBA desirable

Tools

Microsoft Excel

SAP

TM1

Job description

Job Description

Job Summary: The Senior Financial Analyst – Medical Affairs Finance will be responsible for providing budgeting, forecasting and accounting services to the Medical Affairs Organization in support of Clinical Trials, Investigator Initiated Studies, Continuing Medical Education, Health Outcomes Studies and other Medical Affairs programs. The position will ensure proper monitoring, controlling and accounting for all expenses associated with Medical Affairs operations.

The Senior Financial Analyst leads the monthly closing and all Business Plan and Forecasting processes for the Medical Affairs group, including the preparation of clear and concise variance commentary.

In addition the individual in this role is expected to ensure communication of risks and opportunities to Budget/Forecast to the Supervising Manager and the responsible Medical Affairs Team members. The position also interacts with Program Managers as well as the Chief Medical Officer.

In addition, the Senior Financial Analyst is responsible for working with the Medical Affairs Team to review contracts from a financial perspective. The position also conducts final study reconciliations, review payments, and tracking of invoices. Ad Hoc projects and requests will also be supported by this role.

This position will be the primary role for developing and monitoring the Medical Affairs Budgets and requires interaction with various functions and all levels of management.

Responsibilities

1. Work with Medical Affairs Team to develop Annual Budgets and Forecasts. Apprise Study Teams, Program Managers and other Medical Affairs Team Members of risk and opportunities to Plan/Forecast. Import Plan/Forecasts into Financial Systems and provide concise variance commentary (55%).
2. Ensure accurate and timely monthly closing and compliance with GAAP guidelines, including journal entry preparation and posting. Ensure proper documentation and approval of projects, track spend and reconcile spend versus budget and forecast (30%).
3. Final Study Reconciliations, review of financial terms of contracts, Payment & Purchase Order review and Ad Hoc Projects and Analysis (15%).

Qualifications

• BA or BS Degree in Accounting/Finance.
• CPA / MBA desirable.
• 4+ years of accounting and/or financial business experience preferred; experience in the pharmaceutical industry a plus.
• Strong decision making, problem solving, and analytical skills, as well as excellent verbal and written communication skills.
• Ability to report accurately, meet deadlines, and work independently.
• Ability to work in dynamic fast paced environment, embrace change and foster creativity within the organization.
• Strong computer skills required (Microsoft Excel, Word, PowerPoint, etc).
• Knowledge of SAP and TM1 a plus.
• Understanding of basic accounting concepts specifically related to expense rules.
• Ability to think creatively and collaborate across all levels of staff and management.
• High level of Excel knowledge and demonstrated experience with streamlining data intensive processes.
• Demonstrated ability to question and investigate data anomalies and follow through to resolution.

All applicant information is kept confidential in accordance with EEO guidelines.