Project Financial Support Specialist

When our values align, there's no limit to what we can achieve. At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.Project Financial Support Specialist Accountability Supporting ActivitiesProjects 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 & accurately• Populate project setup interface tools for review by FBPs, based on provided pricing tools and contract documentation & any other additional information providedProjects 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 recognition• Facilitate project close outs.• Performs any other activity assigned in relation to Projects set up & maintenanceQuality & Timeliness• Complete all the assigned tasks within the established TAT and maintain checklists / trackers as directed by the management to facilitate metrics• Provide regular updates to Manager / Supervisor on the process and identifies pain areas in the process and discuss• Respond to all queries from business within the defined timelines• Able to multi-task without compromising quality & adhere to close calendarTeamwork• Participates in team discussions• Punctual to duties & delivers assigned responsibilities in a transparent way• Work towards solutions and engage in productive discussions• A good team player and contributes to team's success• Upward management & knowledge sharing• Contributes to Team's & Organization's vision and strategies• Adapt to changes & changing needs of work quicklySkills:• Excellent interpersonal, verbal and written communication skills• Demonstrated attention to detail• Strong analytical and problem-solving skills• Demonstrated initiative and ability to organize, meet strict deadlines, and work both independently and as part of a team• Client focused approach to work• A flexible attitude with respect to work assignments and new learning• Willingness to work in a matrix environment and to value the importance of teamwork.• Flexible working hours and willingness to stretch when required• Ability to Prioritize & re-prioritize work and deliver independentlyKnowledge and Experience:• Proven relevant experience in an analytical or finance support role within a publicly-traded company preferred• Well-experienced with Microsoft suite of products• Advanced level skills in MS Excel• Knowledge of Business Objects, and Oracle Financials highly desirable• Understanding of Accounting workflow with respect to Accounts Receivable is preferred• Knowledge of clinical trials and/or industry experience would be an added advantage• Exposure to MNCs / Corporate ways of working desiredEducation:MBA Freshers of with very to knowledge in Finance. (Finance, Accounting, or Business)Work Location: HyderabadShift: 2:30 PM to 11:30 PM