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- Tasks: Monitor project finances and conduct financial analysis to ensure profitability.
- Company: RTI International, a leading scientific research institute dedicated to improving lives.
- Benefits: Hybrid working options, collaborative environment, and opportunities for professional growth.
- Why this job: Make a real impact by optimising financial strategies in healthcare research.
- Qualifications: Bachelor's degree in finance or accounting and a year of relevant experience.
- Other info: Join a dynamic team with a focus on innovation and meaningful work.
The predicted salary is between 28800 - 48000 £ per year.
RTI International is an independent, scientific research institute dedicated to improving the human condition. Our vision is to address the world's most critical problems with technical and science-based solutions in pursuit of a better future. Clients rely on us to answer questions that demand an objective and multidisciplinary approach—one that integrates expertise across social, statistical, data, and laboratory sciences, engineering, and other technical disciplines to solve the world's most challenging problems.
RTI Health Solutions (RTI-HS), a wholly owned subsidiary of RTI International, is an independent and internationally recognized research organization. We provide healthcare consulting and research expertise to optimize decision-making for pharmaceutical, biotechnology, and medical device products across the development and marketing life cycle. Our service groupings include Value, Access, and HEOR; Patient-Centered and Outcomes Research; Epidemiology and Biostatistics; Medical Communications; Global Business Operations; and Strategic Consulting and Growth.
We currently have an exciting opportunity for a new role as a Project Financial Analyst to join our dynamic and growing team. In this role, you will perform ongoing financial analysis including profitability analysis, forecasting, data visualization, project finance, and accounting. You should demonstrate a positive, high-energy approach to work and a willingness to learn quickly from senior leadership.
Location: Manchester office based, or Hybrid working.
What You'll Do (Responsibilities)
- Monitor project finances, ensuring adherence to financial objectives and timelines.
- Review and analyse financial aspects of project proposals, ensuring feasibility and profitability.
- Conduct variance analyses for each project, identifying key drivers and areas for improvement.
- Develop, monitor, and analyse project budgets in alignment with organisational goals.
- Work closely with project managers to create accurate and realistic financial forecasts.
- Ensure the accuracy and timeliness of revenue recognition reporting.
- Establish and maintain robust internal controls for project-related financial activities.
- Collaborate with cross-functional teams to implement process improvements.
- Generate comprehensive financial reports for project stakeholders, highlighting key performance indicators.
- Ensure the prompt and accurate invoicing of projects to clients for timely payments.
What You'll Need (Qualifications)
- Bachelor's level degree in finance, accounting, or related area of study.
- 1 year of directly related experience.
- A willingness to learn and help in all areas of the finance and accounting team.
- Analytical skills and an ability to convey financial information clearly and accurately across the organisation.
- Excellent interpersonal, oral, and written communication skills including the ability to establish and maintain effective working relationships.
- Ability to effectively prioritise workload and complete tasks to best meet organisation's needs.
- Attention to detail and accuracy within context of Institute policies.
- Ability to be resourceful in analysing situations and applying principles and procedures to assist in the development of solutions to difficult problems.
- Excellent knowledge of MS Word, Outlook, PowerPoint, Excel.
- Experience with data visualisation tools is a plus.
Project Financial Analyst in Manchester employer: RTI International
Contact Detail:
RTI International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Financial Analyst in Manchester
✨Tip Number 1
Network like a pro! Reach out to people in your field, especially those at RTI or similar organisations. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by researching RTI's projects and values. Show us you’re not just another candidate; demonstrate how your skills align with our mission to tackle critical problems.
✨Tip Number 3
Practice your financial analysis skills! Be ready to discuss real-world scenarios where you've used these skills. We love candidates who can think on their feet and provide solutions.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.
We think you need these skills to ace Project Financial Analyst in Manchester
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Project Financial Analyst role. Highlight relevant experience and skills that match the job description, like financial analysis and project management. We want to see how you can contribute to our mission!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our goals at RTI. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Analytical Skills: Since this role involves a lot of financial analysis, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to drive decisions or improve processes in previous roles. We’re all about those insights!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at RTI!
How to prepare for a job interview at RTI International
✨Know Your Numbers
As a Project Financial Analyst, you'll be dealing with financial data all the time. Brush up on your financial analysis skills and be ready to discuss how you've handled budgets, forecasts, and profitability analyses in the past. Be specific about your experiences and the tools you used.
✨Show Your Analytical Side
Prepare to demonstrate your analytical skills during the interview. Think of examples where you've identified key drivers in financial projects or improved processes. Use data visualisation tools if you have experience with them, as this will show your ability to convey complex information clearly.
✨Communicate Effectively
Since excellent communication is key for this role, practice explaining financial concepts in simple terms. Be ready to discuss how you've built relationships with project managers or cross-functional teams in the past. This will highlight your interpersonal skills and ability to work collaboratively.
✨Be Ready to Problem-Solve
Expect questions that assess your problem-solving abilities. Think of challenging situations you've faced in previous roles and how you applied principles and procedures to find solutions. Showing that you're resourceful and can think on your feet will impress the interviewers.