Project Financial Analyst

Summary

Join CellCarta, a Contract Research Organization, as a Project Financial Analyst and contribute to the financial health of client projects. You will provide financial oversight, analysis, and reporting, ensuring financial health, margin performance, and cost controls. Collaborate with project managers, finance stakeholders, and senior leadership to optimize project profitability. Responsibilities include financial planning and analysis, project cost oversight, and stakeholder collaboration. The role requires a Bachelor's degree in a relevant field and 3-5 years of experience in project-based financial analysis within life sciences or healthcare. The position offers a hybrid work model and a competitive benefits package.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or Business Administration (MBA or CPA preferred)
• 3-5 years of experience in project-based financial analysis and project accounting within life sciences or healthcare environments. CRO / biopharma industry experience is strongly recommended. Experience in other service industries will also be considered
• Proficiency in financial software / ERP system use (e.g. preferably Microsoft Dynamics or other mainstream system) and project management platforms (e.g. MS Project, Planview [experience with AdaptiveWork is preferred])
• Ability to efficiently navigate business intelligence systems and analytics tools (e.g. Tableau, Zoho, Power BI is preferred)
• Experience in report generation and custom report creation within CRM systems (e.g. HubSpot, Salesforce is preferred) and employee time-keeping solutions
• Advanced Excel skills, including financial modeling, pivot tables, and macros
• Knowledge of cost accounting, budgeting, forecasting, revenue recognition (including ASC 606 requirements), and variance analysis
• Known for above average cross-business and function collaboration and communication in a fast-paced environment. Experience working in a matrix organizational structure
• Deep proficiency in the gathering and synthesis of project financial information from disparate data sources and systems
• Ability to make accurate, data-driven decisions and formulate recommendations based on high-quality analysis of project financial information
• Strong analytical and problem-solving abilities
• Excellent communication and presentation skills (both oral and written), with the ability to convey complex concepts in plain English or French to those outside the finance function
• Strong customer-service orientation, organizational and time-management skills with high attention to detail

Responsibilities

• Primary focus is timely identification and execution of change in scope amendments on active studies to optimize ICPC value creation potential
• Monitor customer project financial performance, identifying risks to project profitability and variances to sold margin
• Conduct rigorous variance analyses utilizing project information including contracted scopes of work, pricing tables/appendices, bid grids, change orders, client invoices, timesheet data, and monthly financial reporting resulting from CellCarta’s forecasting and revenue recognition processes
• Prepare analysis summaries and provide input as required into financial reporting for ICPC Project Managers and senior leaders within CellCarta’s Project Management and Finance organizations
• Participate in final study reconciliation; input method cost to complete update; and annual contract configuration cost update processes
• Assist Project Managers in the oversight and management of direct labor and consumable costs billed by CellCarta project teams to client projects to assure study delivery occurs in accordance with contracted SoW, timeline, and budget
• Participate in monthly ICPC project performance reviews as well as forecasting and revenue recognition conduct for assigned studies
• Proactively identify scope creep and potential changes in scope as part of CellCarta’s monthly project performance review cycle. Support Project Managers in the development of change orders, invoicing, and project margin reset activities as required
• Partner with Project Managers to flag and investigate sources of margin leakage. Perform root cause analysis and define corrective actions in concert with Project Managers / Operational stakeholders which will remediate profitability erosion upon implementation by CellCarta project teams
• Utilize financial analyses to prepare and present financial insights to CellCarta senior leadership, Project Managers, Operational teams and Shared Services functions (i.e. Sales, Client Services, etc.)
• Assist in financial decision-making through the development of project-level financial models as requested by ICPC Project Managers and/or Finance Business Partners

Benefits

• Competitive salary
• Medical, dental, and vision benefits
• 401k retirement savings plan with a healthy match
• Employee Assistance Program (EAP)
• Vacation and sick time
• Referral program