Project Finance 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.

Accountability Supporting Activities

Projects 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 provided

Projects 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 & maintenance

Quality & 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 calendar

Teamwork

• 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 quickly

Skills:

• 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 independently

Knowledge 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 desired

Education:

MBA Freshers of with some work experience in Finance . (Finance, Accounting, or Business)

Work Location: Hyderabad

Shift: 2:30 PM to 11:30 PM