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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 thriving company that values creativity, teamwork, and making a real impact.
- Qualifications: You need a degree in finance or accounting and at least six years of relevant experience.
- Other info: Fluency in English and strong communication skills are essential for success in this role.
The predicted salary is between 36000 - 60000 £ 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. We\’re not your typical CRO, and we\’re not trying to be. Here, curiosity is encouraged, fresh approaches are welcome, and collaboration is at the heart of everything we do.
Whether you\’re a data wizard, analytical genius, project mastermind, or any other role, you\’ll fit right into the equation of the Rho Factor. Expect plenty of geeky jokes, eccentric personalities, spontaneous brainstorms, and a supportive community where people genuinely care about their work—and each other.
You\’ll 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.
We are currently hiring a Senior Project Finance Analyst to join our team – this will be a permanent home based role in the UK! As a Senior Project Finance Analyst, you will have the opportunity to 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 implementing 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 their advice and support, while constructively challenging decisions to drive positive change and improved financial performance.
Our Finance Team will tell you, joining Rho has been one of their best career moves in terms of contentment, financial rewards and career growth, which is why we have such stability in the group!
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. At Rho, we value a strong team spirit highlighted by loyalty, accountability, and mutual trust. We work smart together, we work hard together, and we laugh together. We take responsibility for our actions, forgive honest mistakes and respect one another
- Critical Thinker: Rho values thinking. Draw on your native ingenuity, sharpened and enhanced by our intellect, training, and experience. We evaluate situations and opportunities objectively and incisively; we then craft novel, practical solutions
- Agile and Adaptable: Rho values the ability to change quickly. We eagerly anticipate, respond to, and take advantage of changes in our environment. We embrace risk but manage it by planning, accepting, and learning from both failures and successes. The opportunity to adapt and evolve energizes us
Seniority level
-
Seniority level
Mid-Senior level
Employment type
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Employment type
Full-time
Job function
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Job function
Finance
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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 strategies you implemented to overcome them, as this aligns with the collaborative and problem-solving culture at Rho.
✨Tip Number 3
Highlight your communication skills during any discussions or interviews. Rho values strong communicators who can effectively present financial data and influence project teams, so be prepared to share instances where your communication made a significant impact on project outcomes.
✨Tip Number 4
Research Rho's company culture and values, particularly their emphasis on collaboration and integrity. Tailor your conversations to reflect how your personal values align with theirs, which will help you stand out as a candidate who fits well within their team-oriented environment.
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 that involved revenue recognition or financial reporting, as these are key aspects of the Senior Project Finance Analyst position.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for Rho and the unique culture they promote. Mention specific experiences that demonstrate your ability to influence project teams and drive financial performance, aligning with the values of collaboration and innovation.
Showcase Your Communication Skills: Since strong communication is essential for this role, provide examples in your application of how you've effectively communicated complex financial information to stakeholders. This could be through presentations, reports, or team collaborations.
Highlight Your Problem-Solving Abilities: Discuss instances where you've identified financial discrepancies or challenges and the steps you took to resolve them. This will showcase your critical thinking and adaptability, which are highly valued by Rho.
How to prepare for a job interview at Rho
✨Showcase Your Financial Acumen
As a Senior Project Finance Analyst, it's crucial to demonstrate your strong financial knowledge. Be prepared to discuss your experience with revenue recognition, particularly ASC606, and how you've applied this in previous roles. Use specific examples to illustrate your analytical skills and problem-solving abilities.
✨Emphasise Collaboration Skills
Rho values teamwork and collaboration. Highlight instances where you've successfully worked with diverse teams or stakeholders to achieve financial goals. Discuss how you foster trust and credibility within project teams, as this will resonate well with their culture.
✨Prepare for Scenario-Based Questions
Expect questions that assess your critical thinking and adaptability. Prepare to discuss how you've handled challenging financial situations or discrepancies in project budgets. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Demonstrate Your Commitment to Quality
Rho places a high value on quality and attention to detail. Be ready to talk about how you ensure accuracy in financial reporting and compliance with GAAP. Share examples of how you've implemented corrective actions to enhance financial performance in past projects.
