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- Tasks: As a Senior Project Finance Analyst, you'll manage financial reporting and analysis for complex projects.
- Company: Join Rho, a unique CRO where curiosity and collaboration drive innovation.
- Benefits: Enjoy a permanent home-based role with a supportive community and opportunities for career growth.
- Why this job: Be part of a team that values creativity, integrity, and making a real impact in the industry.
- Qualifications: Requires a degree in finance or accounting and six years of relevant experience in a CRO setting.
- Other info: Fluency in English and local languages is essential; strong communication skills are a must.
The predicted salary is between 43200 - 72000 £ per year.
Join us in redefining what it means to work for a CRO. When you work at Rho, it's more than just a job—you become part of the Rho Factor. We're a proud bunch of science nerds who love tackling big challenges together. Here, curiosity is encouraged, fresh approaches are welcome, and collaboration is at the heart of everything we do.
You will have the opportunity to experience a thriving company with real stability - financial, workforce, and corporate, which has created a safe environment to innovate and develop over a long and rewarding career. As a Senior Project Finance Analyst, you will play a critical role in delivering financial support, detailed analysis, and accurate reporting to achieve financial targets for assigned projects. You will oversee large, complex study portfolios and implement corrective measures to enhance financial outcomes when needed.
As Senior Project Finance Analyst, you will need to possess exceptional influencing skills and the gravitas to guide project teams on financial strategies that lead to success. You will work as an integrated member of the project team, fostering trust and credibility through your advice and support, while constructively challenging decisions to drive positive change and improved financial performance.
What You'll Be Doing:
- Revenue Recognition Management: Establish and maintain Revenue Recognition (RR) reports for assigned projects in alignment with sponsor budgets. Update RR reports to reflect contract amendments and ensure monthly compliance with Generally Accepted Accounting Principles (GAAP).
- Financial Reporting & Analysis: Prepare and submit monthly RR reports in NetSuite. Conduct monthly variance analyses, identifying and explaining any discrepancies. Review and report on the financial health of projects, considering revenue, forecasts, budgets, contract amendments, and cash positions.
- Forecasting Support: Collaborate with relevant stakeholders to ensure forecast accuracy. Assist Project Leads (PLs) in forecasting pass-through and grant allocations, ensuring the availability of sufficient funds for vendor and site payments.
- Budget and Actual Analysis: Evaluate project budgeted hours versus actual hours worked. Highlight areas of concern and propose corrective actions.
- Stakeholder Collaboration: Liaise with internal and external stakeholders to ensure precision and efficiency in financial planning and forecasting.
- Ongoing Monitoring and Maintenance: Continuously monitor project performance metrics, including hours, revenue, and forecasts. Ensure alignment of financial reporting with contractual agreements and budgetary adjustments. Drive financial performance by delivering accurate reporting and effectively influencing project teams. Challenge operational decisions that could lead to margin erosion or delays and propose actionable improvements. Implement corrective actions to enhance performance at both study and portfolio levels.
- Sponsor Reporting: Support timely and accurate sponsor reporting, proactively aligning with requirements and expectations.
Requirements:
- Bachelor's degree or international equivalent in accounting, finance, or a related field, or qualification through relevant experience.
- Minimum of six years in a Finance Analyst role handling diverse and complex project portfolios within a CRO (Contract Research Organization) setting.
- Good knowledge of ASC606 Revenue Recognition is preferred.
- Strong Financial acumen along with a methodical approach to tasks, awareness of organizational and external dynamics, and analytical thinking and problem-solving.
- Strong Communicator: Demonstrate written, verbal and presentation skills to help showcase the successes of your work and Rho's.
- Fluency in both English and local languages.
- Committed to Quality: Every job at Rho requires an attention to detail, a deep understanding of our high-quality scientific standards, and an ability to care about every outcome.
- High-Character: Contribute to our collaborative culture with honesty and integrity.
- Critical Thinker: Rho values thinking. Draw on your native ingenuity, sharpened and enhanced by our intellect, training, and experience.
- Agile and Adaptable: Rho values the ability to change quickly.
Senior Project Finance Analyst employer: Rho
Contact Detail:
Rho Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Project Finance Analyst
✨Tip Number 1
Familiarise yourself with ASC606 Revenue Recognition principles, as this is a key requirement for the Senior Project Finance Analyst role. Understanding these concepts will not only help you in interviews but also demonstrate your commitment to the financial standards expected at Rho.
✨Tip Number 2
Showcase your analytical skills by preparing examples of how you've successfully managed complex project portfolios in the past. Be ready to discuss specific challenges you faced and the innovative solutions you implemented to enhance financial outcomes.
✨Tip Number 3
Highlight your experience in stakeholder collaboration. Prepare anecdotes that illustrate how you've effectively liaised with both internal and external stakeholders to ensure precision in financial planning and forecasting, as this aligns with Rho's collaborative culture.
✨Tip Number 4
Demonstrate your adaptability by discussing instances where you've successfully navigated changes in project dynamics. Rho values agility, so be prepared to share how you embraced change and turned challenges into opportunities for improvement.
We think you need these skills to ace Senior Project Finance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance and project management. Emphasise your analytical skills and any previous roles in a CRO setting, as these will resonate well with the hiring team.
Craft a Compelling Cover Letter: Use your cover letter to showcase your passion for finance and your understanding of the CRO industry. Mention specific projects or achievements that demonstrate your ability to manage complex financial portfolios and your collaborative spirit.
Highlight Relevant Skills: In your application, clearly outline your proficiency in revenue recognition, financial reporting, and stakeholder collaboration. Use examples to illustrate how you've successfully navigated similar challenges in past roles.
Showcase Your Communication Skills: Since strong communication is key for this role, provide examples of how you've effectively communicated financial strategies to diverse teams. This could include presentations, reports, or even informal discussions that led to positive outcomes.
How to prepare for a job interview at Rho
✨Showcase Your Analytical Skills
As a Senior Project Finance Analyst, you'll need to demonstrate your analytical prowess. Prepare examples of how you've successfully conducted financial analyses in previous roles, particularly in complex project environments. Be ready to discuss specific tools or methodologies you used to achieve accurate reporting and forecasting.
✨Understand Revenue Recognition Principles
Familiarise yourself with ASC606 Revenue Recognition, as this is crucial for the role. During the interview, be prepared to explain how you have applied these principles in past projects. This will show that you not only understand the theory but can also implement it effectively in practice.
✨Emphasise Collaboration and Communication
Rho values teamwork and communication highly. Share experiences where you successfully collaborated with stakeholders to enhance financial outcomes. Highlight your ability to influence project teams and challenge decisions constructively, as this aligns with Rho's culture of trust and credibility.
✨Demonstrate Adaptability and Problem-Solving
In a dynamic environment like Rho, being agile and adaptable is key. Prepare to discuss situations where you had to pivot quickly in response to changes or challenges. Showcase your critical thinking skills by providing examples of how you identified problems and implemented effective solutions.
