Project Finance Analyst

7 days ago

Bengaluru Karnataka India, Karnataka IQVIA India Full time

Project Role: Project Finance Analyst

Work Experience: 3 to 7 Years

Work location: Thane/Bangalore

Work Mode: Hybrid

Work Timing: 2:00 PM to 11:00 PM


PURPOSE

The primary purpose of the role is to manage the O2C activities for a portfolio of projects


REPORTS TO

Associate Manager or Manager - Project Finance


RESPONSIBILITIES

  • Supporting internal stakeholders within IQVIA. Stakeholders include:
  • Account management teams
  • Project Operations teams represented by the Project Leader
  • Project Finance Global Leadership
  • Business Finance
  • Local Country Finance
  • Working in enterprise ERP (PeopleSoft) on the following:
  • Project and activity set up
  • Maintaining customer contracts & project budgets
  • Maintaining rate sets
  • Maintaining revenue plans
  • Maintaining billing plans
  • Maintaining milestones
  • Maintaining other project and contract data
  • Maintaining payment schedules
  • Maintaining pass through expense forecast
  • Assisting project teams and finance teams in monthly revenue and backlog accounting. Guiding project teams towards solutions.
  • Analyzing monthly project revenue & backlog and identifying/ correcting exceptions
  • Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts, contribution margin/ realization/ EBITDA
  • Supporting the management team with executing compliance related tasks
  • Providing relevant project level reporting and reconciliations
  • Managing ad-hoc tasks
  • Achieving subject matter expertise in PFM activity
  • Training & coaching colleagues in the team
  • Supporting the management team in activities around quality assurance, process documentation, lean projects and other such operational governance activities


Education

Graduate or Post-Graduate in commerce, economics, accounting, management or allied areas. Education in accounting is mandatory.


REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

  • Ability to establish and maintain effective working relationships with co-workers, managers and other stakeholders
  • Ability to work in a multicultural transnational environment
  • Ability to adhere to work instructions as provided by the Line Manager
  • Good knowledge of statutory and management accounting
  • Will need to clear thresholds defined by IQVIA in computer based assessment on Numerical Ability, Logical Ability & English
  • Strong communication skills – written and verbal
  • Willingness to work in shifts
  • Willing to work in a flexible & challenging environment
  • Willingness to exhibit strong work ethics, accountability & discipline
  • Willingness to learn people management skills
  • Skills for working in advanced MS Excel are desirable
  • Skills for working in PeopleSoft PA module are desirable

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