At a Glance
- Tasks: Support financial analysis and reporting for projects, ensuring accuracy and timely submissions.
- Company: Join Syneos Health, a global leader in biopharmaceutical solutions dedicated to accelerating customer success.
- Benefits: Enjoy career development, a supportive culture, and a total rewards programme that values your contributions.
- Why this job: Be part of a diverse team making a real impact in healthcare while developing your skills.
- Qualifications: BA/BS in Business, Accounting, or Finance; proficiency in accounting software and Microsoft Office required.
- Other info: Opportunity to work with cutting-edge projects and contribute to significant advancements in the pharmaceutical industry.
The predicted salary is between 36000 - 60000 £ per year.
Project Financial Analyst II
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.
Every day we perform better because of how we work together, as one team, each the best at what we do. We bring a wide range of talented experts together across a wide range of business-critical services that support our business. Every role within Corporate is vital to furthering our vision of Shortening the Distance from Lab to Life.
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
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 projectclose 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.
QualificationsBA/BS degree in Business, Accounting, Finance, or equivalent education and experience. Pharmaceutical or CRO experience preferred. Strong English proficiency. Proficiency with accounting software packages. Experience with Oracle Finance is preferred. Exceptional attention to detail, accuracy, organizational, interpersonal, and teamwork skills. Advanced proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) is essential. Excellent financial, communication, and interpersonal skills are as well as a high level of personal motivation to achieve. Demonstrated ability to work with confidential and sensitive data. Ability to perform several tasks simultaneously to meet deadlines is necessary.
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 II employer: Syneos Health
Contact Detail:
Syneos Health Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Financial Analyst II
✨Tip Number 1
Familiarise yourself with Oracle Finance, as it's preferred for this role. If you haven't used it before, consider taking an online course or tutorial to get a basic understanding of its functionalities.
✨Tip Number 2
Highlight any experience you have in the pharmaceutical or CRO sectors during your networking efforts. Connect with professionals in these fields on platforms like LinkedIn to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to discuss your analytical skills in detail. Be ready to share specific examples of how you've successfully managed budgets or conducted variance analyses in previous roles.
✨Tip Number 4
Showcase your teamwork and communication skills by engaging in group discussions or projects. This will help you demonstrate your ability to collaborate effectively, which is crucial for this position.
We think you need these skills to ace Project Financial Analyst II
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, accounting, or project management. Emphasise any specific skills related to Oracle Finance and your proficiency with Microsoft Office Suite.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the biopharmaceutical industry and how your background aligns with Syneos Health's mission. Mention specific experiences that demonstrate your ability to analyse financial data and support project managers.
Highlight Relevant Qualifications: Clearly state your educational background, especially if you have a degree in Business, Accounting, or Finance. If you have experience in the pharmaceutical or CRO sectors, make sure to include that as well.
Showcase Soft Skills: Syneos Health values teamwork and communication. Include examples of how you've successfully collaborated with others and communicated complex financial information in previous roles.
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 II. 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 Your Technical Skills
Highlight your proficiency in accounting software, especially Oracle Finance, and your advanced skills in Microsoft Office Suite. Be prepared to discuss how you've used these tools in previous roles to manage financial data and reporting.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle financial anomalies or project discrepancies. Prepare examples from your past experiences where you successfully navigated similar challenges.
✨Emphasise Teamwork and Communication
Since the role involves collaboration with various stakeholders, be ready to discuss your interpersonal skills. Share examples of how you've worked effectively in teams and communicated complex financial information to non-financial colleagues.