Project Financial Support Specialist

2 weeks ago


Hyderabad, Telangana, India Parexel Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Primary Location: India, Hyderabad

Job ID R

Category Finance

ABOUT THIS ROLE

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



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