Project Finance Trainee

2 weeks ago

Thane Maharashtra, India Novasyte Full time

Title - Project Finance Trainee

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

Grade

110

Work Experience

None for post graduates

Around 2 years in any area of finance & accounting for graduates

Education

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

RESPONSIBILITIES
- The role is an entry level role where the person is expected to get trained initially and then take up work responsibilities progressively on the activities listed below.
- Assisting Line Manager in 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.
- Analysing 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
- Completing mandated compliance related tasks
- Providing relevant project level reporting and reconciliations

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
- Skills for working in MS Excel are desirable

IQVIA is a leading global provider of advanced analytics, technology solutions and clinical research services to the life sciences industry. We believe in pushing the boundaries of human science and data science to make the biggest impact possible - to help our customers create a healthier world. Learn more at

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