At a Glance
- Tasks: Provide financial oversight for multi-country projects and support Project Managers with insights.
- Company: Join IQVIA, a leader in clinical research and healthcare intelligence.
- Benefits: Competitive salary, professional development, and a chance to make a real impact.
- Other info: Dynamic work environment with opportunities for growth and mentorship.
- Why this job: Be part of a team that improves patient outcomes through innovative financial management.
- Qualifications: Bachelor's degree in Finance or related field and 3 years of relevant experience.
The predicted salary is between 60000 - 70000 £ per year.
Job Overview
The Project Financial Analyst (PFM) provides financial oversight and strategic support for assigned multi-country, multi-service projects.
This role partners closely with Project Managers and Finance stakeholders to ensure project financial performance is effectively monitored, risks are identified and mitigated, and financial objectives related to profitability, forecasting, and cash flow are achieved.
The role also contributes to process improvements, capability development, and global finance initiatives that enhance overall project financial management excellence.
Key Responsibilities
- Perform monthly financial reviews of assigned projects, including budget monitoring, variance analysis, revenue assessment, and identification of financial risks and issues.
- Partner with Project Managers to review project budgets, mitigate revenue and billing risks, and drive timely and accurate budget revisions.
- Validate budget revisions for completeness and adequacy, ensuring all project activities, unbilled items, and financial impacts are appropriately captured throughout the project lifecycle.
- Review and validate monthly backlog phasing to ensure accuracy, completeness, and alignment with project forecasts.
- Monitor project and client financial performance metrics, identify trends, and recommend corrective actions where required.
- Support Project Managers with financial insights, reporting, and analysis to facilitate effective decision-making and client communication.
- Participate in client meetings to support financial discussions, address queries, and provide project financial expertise.
- Financial Controls & Business Partnership
- Collaborate with Finance teams and cross-functional stakeholders to resolve system, process, and data issues impacting project financial performance.
- Ensure compliance with financial policies, revenue recognition principles, and project finance best practices.
- Proactively identify financial issues and implement mitigating actions to protect project profitability and cash flow.
- Support forecasting activities, financial planning, and backlog management to improve business visibility and decision-making.
- Training, Development & Leadership
- Provide financial guidance, coaching, and training to Project Managers to strengthen financial management capabilities and client-facing financial discussions.
- Mentor new team members and support onboarding and development activities across the PFM organization.
- Participate in recruitment activities, including candidate interviews and selection processes.
- Review and enhance Project Financial Management training materials and development plans to ensure continued relevance and effectiveness.
- Continuous Improvement & Global Initiatives
- Contribute to and lead global initiatives aimed at improving project financial management processes, controls, and operational efficiency.
- Drive continuous process improvement activities to enhance accuracy, consistency, and scalability across the PFM function.
- Support global PFM team objectives and provide ad hoc financial analysis and project support as required.
- Perform additional duties and responsibilities as assigned.
Qualifications
- Education: Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a related discipline.
- Experience: Minimum 3 years of experience in Accounting, Project Finance, Financial Analysis, or a related financial role.
- Equivalent combination of education, training, and relevant experience may be considered.
- Required Knowledge & Skills
- Strong understanding of project financial management, including budgeting, forecasting, variance analysis, backlog management, cash flow monitoring, and revenue recognition.
- Experience identifying financial risks and implementing corrective actions to improve project performance.
- Familiarity with People Soft Project modules or equivalent project finance systems.
- Advanced proficiency in Microsoft Office applications, particularly Excel.
- Strong analytical, problem-solving, and numerical skills.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Excellent communication and stakeholder management skills, with ability to build effective relationships across Finance, Project Management, and client teams.
- Ability to work independently while collaborating effectively within a global, cross-functional environment.
- Preferred Qualifications
- Experience supporting complex, multi-country and multi-service projects.
- Previous experience partnering directly with Project Managers and client-facing teams.
- Exposure to process improvement initiatives, transformation projects, or global finance programs.
- Experience mentoring colleagues or contributing to team development activities.
- About IQVIA
IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries.
We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide.
Learn more at https://jobs. iqvia. com
IQVIA is committed to integrity in our hiring process and maintains a zero tolerance policy for candidate fraud.
All information and credentials submitted in your application must be truthful and complete.
Any false statements, misrepresentations, or material omissions during the recruitment process will result in immediate disqualification of your application, or termination of employment if discovered later, in accordance with applicable law.
We appreciate your honesty and professionalism.
IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries.
We create connections that accelerate the development and commercialization of innovative medical treatments.
Everything we do is part of a journey to improve patient outcomes and population health worldwide.
To get there, we seek out diverse talent with curious minds and a relentless commitment to innovation and impact.
No matter your role, everyone at IQVIA contributes to our shared goal of helping customers improve the lives of patients everywhere.
Thank you for your interest in growing your career with us.
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Project Financial Analyst 2 in Livingston employer: IQVIA LLC
IQVIA LLC is an exceptional employer located in the vibrant town of Livingston, Scotland, offering a dynamic work culture that prioritises scientific excellence and patient outcomes. Employees benefit from comprehensive training and development opportunities, fostering personal and professional growth within the clinical lab services sector. With a strong emphasis on teamwork and innovation, IQVIA provides a rewarding environment for those looking to make a meaningful impact in healthcare.
StudySmarter Expert Advice🤫
We think this is how you could land Project Financial Analyst 2 in Livingston
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like IQVIA LLC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Project Financial Analyst 2 in Livingston
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to IQVIA LLC.
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Research and Reflect:Before hitting that 'apply' button on IQVIA LLC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at IQVIA LLC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with IQVIA LLC.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at IQVIA LLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former IQVIA LLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
