Project Financial Analyst I
Project Financial Analyst I

Project Financial Analyst I

Farnborough Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support financial analysis and reporting for projects, ensuring accuracy and timely submissions.
  • Company: Syneos Health is a global leader in biopharmaceutical solutions, dedicated to accelerating customer success.
  • Benefits: Enjoy career development, a supportive culture, and a commitment to diversity and inclusion.
  • Why this job: Join a passionate team making a real impact in healthcare while developing your skills.
  • Qualifications: Ideal for those with analytical skills; relevant experience or education is a plus.
  • Other info: Flexible work environment with opportunities for growth and innovation.

The predicted salary is between 28800 - 43200 £ per year.

Project Financial Analyst I

Syneos Health is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities.

Our Clinical Development model brings the customer and the patient to the center of everything that we do. We are continuously looking for ways to simplify and streamline our work to not only make Syneos Health easier to work with, but to make us easier to work for.

Whether you join us in a Functional Service Provider partnership or a Full-Service environment, you\’ll collaborate with passionate problem solvers, innovating as a team to help our customers achieve their goals. We are agile and driven to accelerate the delivery of therapies, because we are passionate to change lives.

Discover what our 29,000 employees, across 110 countries already know:

WORK HERE MATTERS EVERYWHERE

Why Syneos Health

  • We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
  • We are committed to our Total Self culture – where you can authentically be yourself. Our Total Self culture is what unites us globally, and we are dedicated to taking care of our people.
  • We are continuously building the company we all want to work for and our customers want to work with. Why? Because when we bring together diversity of thoughts, backgrounds, cultures, and perspectives – we\’re able to create a place where everyone feels like they belong.

Job Responsibilities

Essential Functions: 1. Supports Business Unit Controller in: • Records revenue each month for Unit, Fee for Service and Fixed Price contracts; Assignments include more complex contracts/projects; • Loads project budgets into Oracle/Revenue Wizard and maintaining key member lists (project set up) and other project data in Oracle and associated systems and schedules; • Prepares project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results; • Coordinates monthly forecasting of financial results (backlog); • Meets established deadlines for Revenue and Backlog submittals. • Timely preparation of project close out reconciliations including issue identification and escalation, if necessary; • Serves as a key contact point for interpretation and investigation of financial results in assigned area for Project Manager(s)/Project Lead(s); • Runs P&Ls (Profit and Loss),G/L (General Ledger) account details, and Project level reports in order to assist in the investigation of anomalies and unusual trends; and • Reviews executed Work Orders and Change Orders as well as pending Change Orders for bonus and anomalies. 2. Works with Business Unit Controller to: • Captures, assess and consolidate results; • Prepares key reports such as annual cost and expense budgets, cost rates, cost and expense forecasting, monthly utilization, headcount , revenue backlog analysis, and/or gross profit for assigned area; • Analyzes monthly results and assists Business Unit Controller in reviews with Business Unit Heads to evaluate performance on a monthly basis; and • Produces ad hoc reports with limited supervision. 3. Attends project meetings as applicable to support assigned areas. Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules. Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues and the accuracy of the forecast. 4. Assists Business Unit Controller and Finance Department with other miscellaneous projects such as assessing changes to processes; assisting in new system implementations and testing; analyzing unique financial anomalies. 5. Provides basic financial insights to business growth trends and profitability in assigned area. 6. Monitors the overall health of assigned projects including but not limited to revenues, gross profit, receivables, and unbilled amounts as well as project close outs and reconciliations. 7. Acts as back up for Business Unit Controller in supporting and responding to requests received from project managers and others as needed.

Qualifications

Get to know Syneos Health

Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients.

No matter what your role is, you\’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment. Learn more about Syneos Health.

http://www.syneoshealth.com

Additional Information

Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees. The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.

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Project Financial Analyst I employer: Syneos Health

Syneos Health is an exceptional employer that prioritises the growth and development of its employees, offering robust career progression opportunities and a supportive work culture. With a commitment to diversity and inclusion, our Total Self culture allows you to bring your authentic self to work, fostering collaboration among passionate problem solvers dedicated to making a meaningful impact in the biopharmaceutical industry. Join us in a dynamic environment where your contributions truly matter, and be part of a global team that is changing lives every day.
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Contact Detail:

Syneos Health Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Project Financial Analyst I

✨Tip Number 1

Familiarise yourself with Oracle and financial reporting tools, as these are crucial for the role. Understanding how to navigate these systems will give you a significant advantage during interviews.

✨Tip Number 2

Brush up on your variance analysis skills. Being able to discuss how you would approach monthly budget versus actual analyses can demonstrate your analytical capabilities to the hiring team.

✨Tip Number 3

Showcase your ability to work collaboratively in a team environment. Prepare examples of past experiences where you successfully collaborated with project managers or finance teams to achieve common goals.

✨Tip Number 4

Research Syneos Health's recent projects and achievements. Being knowledgeable about their work will not only help you tailor your responses but also show your genuine interest in the company during discussions.

We think you need these skills to ace Project Financial Analyst I

Financial Analysis
Budgeting and Forecasting
Oracle Financial Systems
Variance Analysis
Profit and Loss Reporting
General Ledger Management
Data Consolidation
Project Management
Attention to Detail
Communication Skills
Problem-Solving Skills
Analytical Skills
Time Management
Collaboration Skills

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Project Financial Analyst I position. Tailor your application to highlight relevant experiences that align with these requirements.

Craft a Tailored CV: Your CV should reflect your financial analysis skills and experience. Use specific examples from previous roles that demonstrate your ability to manage budgets, perform variance analysis, and support project management.

Write a Compelling Cover Letter: In your cover letter, express your passion for the biopharmaceutical industry and how your skills can contribute to Syneos Health's mission. Mention any relevant projects or achievements that showcase your analytical abilities and teamwork.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a financial analyst role.

How to prepare for a job interview at Syneos Health

✨Understand the Role

Make sure you thoroughly understand the responsibilities of a Project Financial Analyst I. Familiarise yourself with key tasks such as revenue recording, budget management, and variance analysis. This will help you answer questions confidently and demonstrate your knowledge.

✨Showcase Analytical Skills

Prepare to discuss your analytical skills and how you've used them in previous roles. Be ready to provide examples of how you've conducted financial analyses or managed budgets, as this is crucial for the position.

✨Familiarise with Financial Software

Since the role involves using Oracle and other financial systems, it’s beneficial to have a basic understanding of these tools. If you have experience with similar software, be sure to mention it during the interview.

✨Emphasise Team Collaboration

Syneos Health values collaboration, so be prepared to discuss your experience working in teams. Share examples of how you've contributed to team success, especially in project settings, to align with their culture of teamwork.

Project Financial Analyst I
Syneos Health
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  • Project Financial Analyst I

    Farnborough
    Full-Time
    28800 - 43200 £ / year (est.)

    Application deadline: 2027-07-31

  • S

    Syneos Health

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