Financial Analyst

Precision Medicine Group Logo

Precision Medicine Group

πŸ“Remote - India

Summary

Join Precision Medicine Group as a Financial Analyst and provide comprehensive financial support to operational project teams throughout the clinical trial lifecycle. You will be responsible for tasks such as preparing monthly invoicing, performing variance analysis, reviewing budgets, and supporting financial reporting. This role requires a Bachelor's degree (or equivalent) in Accounting/Finance and at least two years of relevant experience in general ledger and financial reporting. Strong Excel skills, accounting knowledge, and excellent communication abilities are essential. The ideal candidate will also possess CRO industry experience and a proven ability to work independently and collaboratively within a team.

Requirements

  • Europe: University degree in Accounting/Finance or related field or equivalent experience in accounting discipline
  • North America: Bachelor’s degree in Accounting/Finance or related business discipline
  • Minimum 2+ years general ledger and financial reporting experience including working knowledge of all areas of the accounting cycle, project budgets, financial project management support, Earned Value Analysis (β€œEVA”) analysis, and contract review or equivalent relevant experience and/or demonstrated competencies
  • Fluency in English and, in addition, for non-English speaking countries the local language of the country where position based

Responsibilities

  • Support the project teams in all financial areas associated with running a clinical trial
  • Assist in the preparation of the monthly invoicing worksheet which is the source document for client invoicing and source of revenue recognition
  • Support in performing variance analysis comparing forecasted revenue to actual revenue in order to identify gaps, changes in scope, etc
  • Support in reviewing work orders and change order budgets in comparison with actual activities in order to help identify out of scope activities
  • Support the monthly project review meetings on an as needed basis
  • Assist in providing support to the Manager, Operational Finance and Vice President, Operational Finance in the preparation of contract documents (statements of work and change orders)
  • Work with Company Accountant to provide support to the financial reporting and general ledger functions
  • Work with Company Accountant to provide support to ensure an accurate and timely monthly, quarterly and year-end close
  • Work with Company Accountant to ensure the timely reporting of all monthly financial information
  • Collaborate with others in Finance to support overall department goals and objectives
  • Responds to inquiries from the CFO and Vice President, Operational Finance regarding financial results, special reporting requests and ad hoc analyses relating to projects
  • Assist in development and implementation of new procedures and features to enhance the workflow and internal controls

Preferred Qualifications

  • CRO industry experience
  • Working knowledge of the life cycle of a project with a solid foundation of how the financials and contract status impact each stage of the clinical trial
  • Working knowledge of accounts payable, accounts receivable, general ledger, bank reconciliations
  • Strong Excel /PC skills and able to thrive in multi-tasking environment
  • Strong accounting skills
  • High energy and enthusiasm with a strong commitment to exceeding expectations
  • Flexibility and willing to work on multiple assignments of varying tasks with personnel throughout the organization
  • Ability to learn quickly. Good oral and written communication & interpersonal skills with the ability to connect and build relationships with management and others throughout the organization
  • Exhibits self-motivation, and is able to work independently as well as in a team environment
  • Team player with a desire to be an active, long-term participant in the growth of the company

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