Project Finance Support Specialist

3 weeks ago

Hyderabad, India Parexel Full time

Key Accountabilities:

Accountability

Supporting Activities

Projects Creation

Coordinate with Business Development, Client Finance, Finance COE and Project Leaders to ensure new awards are properly setup in all relevant financial systems accurately & timely.Ensure desired results of downstream for a successful project set up are achieved timely & accuratelyPopulate project setup interface tools for review by FBPs, based on provided pricing tools and contract documentation & any other additional information provided

Projects Maintenance

In coordination with Business Operations staff and FBPs, update project data for project team changes, changes in scope (CIS) and contracts signature.Review signed contract to ensure accurate billing & revenue recognition milestones are included in project setup.Maintain/update project budgets within relevant tools from post-award onwards including any subsequent changes in scope based on review of contract documentation.Make changes to funding to facilitate Billing and / or revenue recognitionFacilitate project close outs.Performs any other activity assigned in relation to Projects set up & maintenance

Quality & Timeliness

Complete all the assigned tasks within the established TAT and maintain checklists / trackers as directed by the management to facilitate metricsProvide regular updates to Manager / Supervisor on the process and identifies pain areas in the process and discussRespond to all queries from business within the defined timelinesAble to multi-task without compromising quality & adhere to close calendar

Team Work

Participates in team discussionsPunctual to duties & delivers assigned responsibilities in a transparent wayWork towards solutions and engage in productive discussionsA good team player and contributes to team’s successUpward management & knowledge sharingContributes to Team’s & Organization’s vision and strategiesAdapt to changes & changing needs of work quickly

Skills:

Excellent interpersonal, verbal and written communication skillsDemonstrated attention to detailStrong analytical and problem-solving skillsDemonstrated initiative and ability to organize, meet strict deadlines, and work both independently and as part of a teamClient focused approach to workA flexible attitude with respect to work assignments and new learningWillingness to work in a matrix environment and to value the importance of teamwork.Flexible working hours and willingness to stretch when requiredAbility to Prioritize & re-prioritize work and deliver independently

Knowledge and Experience:

Proven relevant experience in an analytical or finance support role within a  publicly-traded company preferredWell-experienced with Microsoft suite of productsAdvanced level skills in MS ExcelKnowledge of Business Objects, and Oracle Financials highly desirableUnderstanding of Accounting workflow with respect to Accounts Receivable is preferredKnowledge of clinical trials and/or industry experience would be an added advantageExposure to MNCs / Corporate ways of working desired

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