Senior Commercial Accountant

Quanticate is a leading data-focused Clinical Research Organization (CRO) that works with pharmaceutical, biotechnology, and medical device companies to provide expert data management, statistical programming, and clinical trial reporting services. We are currently seeking a Senior Commercial Accountant to join our team.

As a Senior Commercial Accountant at Quanticate you will play a critical role to provide commercial accounting function for Quanticate, including the provision of regular reports, monthly reforecast, annual budgets and project accounting. This includes analysis and understanding of the profitability of clients and projects. You would support Operations with detailed analysis of financial and operational KPIs through the month-end review process. Working closely with Business Development in the provision of annual rate cards, quote models and margin calculations and contract review.

In addition, calculating the monthly revenue recognition and to manage the invoicing process including profitability analysis and project review covering the entire project life cycle.

• To calculate the monthly revenue recognition and manage the invoicing process including profitability analysis and project review covering the entire project life cycle
• To manage the projects and activities within the company’s Project Management Application
• To understand what drives the profitability of the functions and to recommend how to increase profitability
• To manage the debtors accounts, credit control, customer account queries, and related accounting entries and transactions
• Assisting with the annual budgeting process, working closely with the Heads of Function
• To assist with monthly management accounts by function, doing full current year and year +1 forecast for the monthly EMT and Board Reporting packs
• Attendance at Month-End Review meetings with provision of variance analysis as required
• Working closely with the Operations, Project Management and Business Development departments to assess and calculate project revenue recognition and to ensure project invoicing according to the contract scope for major clients
• To ensure the invoicing of clients to terms and manage the reconciliation of clients accounts. This includes understanding of the contract and managing the project life cycle
• To reconcile and review accrued and deferred income to identify potential out of scopes and assess potential write offs/profit taking and reasons for variances and identify revenue recognition opportunities
• To work with contracts to ensure that all of the contractual terms for invoicing clients are kept up-to-date and accurate in the accounting records and the project application
• Evaluate invoicing and FX terms of business and recommend as appropriate and review of billability levels and Operational KPIs, monitoring of timesheet trends and compliance
• Provision of rate cards, quote models for specific bids and margin calculations
• Project Management Office finance representative, working closely with the team on implementation and management/administration of the data
• To work with the EVP Corporate Planning & Resourcing to produce profitability analysis on projects and at the individual level
• To produce monthly billability reports by function and person
• Working with the Commercial Finance Manager on the review of profitability of major clients which will include project run rates, cost of resources, utilisation and quoted rates
• Reconcile passthrough costs and revenue, and prepare necessary entries

Requirements

• Qualified commercially minded management accountant with five years post qualification experience
• Have at least 5 years work experience in industry preferably in a project-based environment
• Service industry experience, preferably in pharmaceuticals, CRO and/or IT
• Excellent attention to detail, reconciliation and analytical skills

Benefits

• Competitive Salary (Open to discussion based on experience)
• Flexible working hours
• Holidays (Annual leave, sick leave, casual leave and bank holidays)
• Medical Insurance for self and immediate family
• Gratuity
• Accidental Coverage
• Quanticate offers a variety of different learning development opportunities to help you progress (mentoring, coaching, e-learning, job shadowing)

Quanticate will never ask for payments as part of the recruitment or hiring process, and all legitimate correspondence from Quanticate will come exclusively from our @quanticate.com domain name. Hiring at Quanticate is based purely on merit and we do not ask or require candidates to deposit any money or complete any paid courses as part of the process. Further guidance on our recruitment process and tips on how to stay safe during your job search can be found on our website at [https://www.quanticate.com/careers-guidance>.