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A leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry.
Job Overview
Global Finance Operations team
The India based Global Finance Operations team is a shared services organization which plays a pivotal role in managing the Order to Cash (O2C) process for a major part of the global Research & Development Services organization. The team support around 35% of the global project portfolio.
In addition, the team provides quality services related to Global Financial Reporting, Global Systems Support (GPSS) and to a smaller extent related to FP&A, GL, AP and AR
Title - Associate Manager, Project Finance
PURPOSE
The primary purpose of the role is to manage the O2C activities for a portfolio of projects
Essential Functions
• Independently supporting internal stakeholders within IQVIA. Stakeholders include:
Account management teams
Project Operations teams represented by the Project Leader
Project Finance Global Leadership
Business Finance
Local Country Finance
• Managing a small team (3-4 people) of project finance personnel
• Governing monthly revenue and backlog accounting for a portfolio of projects. Guiding PFMs towards solutions.
• Analysing monthly project revenue & backlog and identifying/ correcting exceptions
• Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts, contribution margin/ realization/ EBITDA
• Providing relevant project level reporting and reconciliations
• Managing ad-hoc tasks
• Achieving subject matter expertise in PFM activity
• Training & coaching colleagues in the team
• Supporting the management team in activities around compliance, quality assurance, process documentation, lean projects and other such operational governance activities
• Working in enterprise ERP (PeopleSoft) on the following:
Project and activity set up
Maintaining customer contracts & project budgets
Maintaining rate sets
Maintaining revenue plans
Maintaining billing plans
Maintaining milestones
Maintaining other project and contract data
Maintaining payment schedules
Maintaining pass through expense forecast
Qualifications
• Other Graduate or Post-Graduate in commerce, economics, accounting, management or allied areas. Education in accounting is mandatory.
• 8+ years in any area of finance & accounting for post-graduates
• 10+ years in any area of finance & accounting for graduates
• Ability to establish and maintain effective working relationships with co-workers, managers and other stakeholders
• Ability to work in a multicultural transnational environment
• Ability to adhere to work instructions as provided by the Line Manager
• Good knowledge of statutory and management accounting
• Will need to clear thresholds defined by IQVIA in computer based assessment on Numerical Ability, Logical Ability & English
• Strong communication skills – written and verbal
• Willingness to work in shifts
• Willing to work in a flexible & challenging environment
• Willingness to exhibit strong work ethics, accountability & discipline
• Demonstrated ability to manage people
• Skills for working in advanced MS Excel are desirable
• Skills for working in PeopleSoft PA module are desirable
IQVIA is a leading global provider of advanced analytics, technology solutions and clinical research services to the life sciences industry. We believe in pushing the boundaries of human science and data science to make the biggest impact possible – to help our customers create a healthier world. Learn more at https://jobs.iqvia.com
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