Project Finance Specialist
4 weeks ago
Job Description JOB DESCRIPTION About the role: The Project Finance Specialist is primarily responsible for the financial health of projects including assisting with revenue recognition, realization issues, unbilled analysis, final reconciliations, assisting with any Project Manager financial support and assisting as a point of contact between clients, finance, and Project Managers to ensure effective management of budgets and contracts. Minimum Qualifications & Experience: - Candidate must be a proactive initiative-taker with a dynamic and resilient nature working in a fast-paced, challenging environment. - Must have experience in dealing with & resolving client and internal stakeholder financial queries. - Must have analytical & critical thinking skills. - Excellent interpersonal and relationship building skills. - Solid Financial aptitude. - Keen eye for process and quality improvement. - Effective communication and organizational skills with business acumen. - Prominent level of proficiency in using Microsoft Office and IT applications typical for administrative /business support roles. - Financial Force experience desirable. - Finance degree/diploma or equivalent. - Minimum of 2-4 years experience in a similar position, preferably in CRO, Consultancy and/or Service business. Responsibilities: - Triage Project Finance Helpdesk. - Respond to Project Manager helpdesk tickets in a timely and accurate fashion. - Provide business partnering and advice to PMs and PDs on financial related reviews and queries - Provide Project Managers with client related financial support where required. - Ensure month end analysis and forecast reviews are done on a timely manner at high standards - Perform periodic health check reviews for any unbilled revenues and realization issues - Support revenue recognition and unit recognition for each project for invoicing purposes. - Produce client financial reporting & attend client finance meetings where required. - Participate in Operations Team meetings as required for project finance updates. - Support PM and PF teams with all project finance activities (including site and vendors) - Work closely with finance colleagues including AR and AP to achieve optimal financial health throughout all life stages of projects - Perform timely and efficient close out reconciliations with the PM and AR teams - Ensure compliance with any contracted project finance requirements for completed projects. - Drive process improvements and efficiency across the Project Finance function. - Assist with the Start work/Project load process where required. - Assist with providing financial contractual support where required. - Protect organization's value by keeping information confidential. Novotech is proud to offer a great workplace. We are committed to being an employer of choice for gender equality and providing an inclusive work environment where everyone is treated fairly and with respect. Our team members are passionate about what we do, but we understand work is only of the things that is important to them. We support our team members with flexible working options, paid parental leave for both parents, flexible leave entitlements, wellness programs and ongoing development programs. We are looking for people who are passionate about working clinical research and biotech, including people who identify as LGBTIQ+, have a disability or have caring responsibilities. We are a Circle Back Initiative Employer and commit to respond to every application. We look forward to contacting you regarding your application. ABOUT THE TEAM At Novotech we have advanced therapeutic and regulatory expertise, the ability to execute across markets and a client-centric service model,so that our clients get a trusted, long-term partner and an accelerated path to bring their life-changing advances to market. This gives our employees the opportunity to develop their careers by joining a diverse and supportive global organization with a collaborative culture, whilst working with clients on the cutting-edge of life sciences. At Novotech you will work alongside empowered teams with a shared commitment to success. - Strategic vs transactional mindset. - Ability to gain insights and make proactive decisions quickly. - Culture that fosters partnership and collaboration, where every voice is heard and valued. - Ongoing support from senior stakeholders and leadership team. .
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Specialist - Project Finance
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India Novotech Full time ₹ 2,50,000 - ₹ 7,50,000 per yearAbout the role:Project Specialist (PS) works collaboratively with the Project Manager (PM) to support project management activities in accordance with local regulation, ICH GCP guidelines, Novotech/client SOPs and the Project Agreement to deliver the project on time and to budget. PS also works in partnership with the PM to mitigate risk and ensure customer...
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