Business Financial Project Manager

1 month ago

Bengaluru, Karnataka, India IQVIA Full time

As a Business Financial Project Manager at IQVIA, you will play a pivotal role in ensuring the financial success of assigned projects.

Key Responsibilities

  • Conduct monthly reviews and analyses of assigned projects, including revenue recognition, project performance variances, and unbilled/unearned positions.
  • Review and approve work movements and changes, as well as final remaining revenue adjustments for assigned projects.
  • E nsure project journals, write-offs, and financial adjustments are properly documented, reviewed, and approved.
  • Prepare monthly reporting requirements for assigned projects, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required.
  • Monitor Unbilled, Write-off activity, Over the Limit and Contract Activation exception reports, and resolve/escalate unusual activity.
  • Coordinate loading of global project budgets to the financial management system, including collection of non-IQVIA International Pricing (QIP) supported budgets. Review/reconcile loaded project budgets to ensure accuracy against contracted values.
  • Coordinate loading of payment schedules. Review/reconcile loaded project payment schedules to ensure accuracy against contracted values and compliance to negotiated contract terms.
  • Configure Project and Contract modules, including assignment of Rate Sets/Plans to Activities, configuration of Contract Lines, and establishment of Billing/Revenue Limits.
  • Review/monitor rate exception reports and coordinate resolution of rate issues in a timely manner with the Global Project Services Group.
  • Ensure review and completion of Project Check-off list throughout the project lifecycle (Activation, Configuration, and Close-out).
  • Monitor monthly compliance reports to ensure timely reporting of revenue and billing deliverables by Project Manager.
  • Complete project close-out procedures and communicate Project Status Action to the Global Project Services Support Group.
  • Perform project-level unbilled/unearned reconciliations as required.
  • Train and mentor more junior support staff.
  • May be assigned responsibility for projects and/or customers.
  • Perform any other duties as assigned.

Requirements

  • Bachelor's degree in Accounting, Finance, or related field.
  • Minimum 3 years of experience in financial management or accounting.
  • Excellent analytical, problem-solving, and communication skills.
  • Proficiency in Microsoft Office Suite, particularly Excel.
  • Experience with financial management systems and project management tools.
  • Strong attention to detail and ability to meet deadlines.

Salary Range: ₹1,200,000 - ₹1,800,000 per annum based on location and experience.

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