Payment Manager I

3 days ago


Bengaluru, Karnataka, India Fortrea Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Job Overview
Responsible for preparing grants forecasts for studies through the communications with study teams to understand budget and assumptions. This includes ad hoc requests or reports associated with forecasting and accrual related activities.

Summary Of Responsibilities

  • Work with study teams to establish assumptions to be included in the forecast.
  • Analyze actuals and update assumptions as necessary when generating forecasts.
  • Responsible for client and clinical trial study level reporting including forecasting, accruals, and reporting requirements associated with grant forecasts.
  • Create ad-hoc reports associated with forecasting as needed for study teams and clients.
  • Create study specific solutions to forecast and accrual related challenges.
  • Work with individuals across different levels and departments to produce the most accurate forecast given availability of study inputs.
  • Deliver accrual and forecast reports within deadlines and ensure the accuracy of the reports.
  • Also provide variance analysis and answer questions from project teams or clients.
  • Strong interpersonal skills, including written and oral communication skills.
  • Comfortable dealing with ambiguity and the ability to work independently.
  • Excellent communication and presentation skills; be comfortable interacting with senior-level management.
  • Establish strong financial models when needed.
  • Understand and follow project specific and Grants policies and procedures.
  • Assist in the enhancement and testing of new Grant Payment systems and processes.
  • As requested, contribute, and participate in process improvement projects for Grant team.
  • Maintain process documentation for accrual and forecasting works and provide training as needed to Internal Grant team members and operational teams.
  • All other duties as needed or assigned.

Qualifications (Minimum Required)

  • University/College degree (Business or Accounting preferred) or certification in a related profession from an appropriate accredited institution (e.g., bookkeeping) AND 4 years' work experience in a financial or grant administration position.
  • Fortrea may consider relevant and equivalent experience in lieu of educational requirements.
  • Language Skills Required:
  • Speaking/Writing/Reading: English and fluent in local language.

Experience (Minimum Required)

  • Prior financial forecasting, analytical and reporting experience preferred.
  • Prior experience in a pharmaceutical or CRO environment.
  • trong Microsoft Excel and spreadsheet skills.
  • Strong networking abilities and an ability/willingness to work with internal and external stakeholders across the globe.
  • Good planning, organizational, and time management skills.
  • Strong analytical and problem-solving skills.
  • Excellent communication / writing skills.
  • Strong computer skills with an ability to access and leverage technology alternatives.
  • Computer proficiency (MS Office - Word, Power Point, and Internet skills).
  • Flexible and adaptable to a developing work environment.
  • Self-motivation with the ability to work under pressure to meet deadlines.
  • Works well independently as well as in a team environment.
  • Detail and process oriented.
  • Positive attitude and approach.
  • Multi-tasking capability.

Physical Demands/Work Environment

  • Office Environment.
  • Travel Requirements:
  • less than 10% travel may be required.
  • International and Domestic travel may be required, including air travel and overnight stays.
  • Ability to drive and possess a valid driver's license.
  • Ability and willingness to present at internal and external meetings.

Learn more about our EEO & Accommodations request here.



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