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Project Financial Analyst

Allucent
Cary, NC
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

CATO SMS and Pharm-Olam, LLC have merged to form Allucent!

Allucent is a full-service contract research and development organization with international resources dedicated to helping pharmaceutical and biotechnology companies efficiently and expeditiously navigate the regulatory approval process in order to bring new drugs, biologics, and medical devices to the people who need them. Allucent is a non-laboratory environment.

The Project Financial Analyst (PFA) monitors the financial activities on the studies that we conduct for our sponsors, including project economics (including revenue recognition and profitability), sponsor invoicing and working capital management. This position regularly interacts with project management to help interpret study progress and align on percentage completion for revenue recognition purposes, variance analysis against budget and corrective action, identification of out-of-scope activities, and change order preparation and resolution.

Project Financials - The PFA is responsible for the financial management of the study

  • The PFA works with the project team and the proposal function to ensure that the project budgets are loaded into RDM, and that the project budgets are tied out to their current contracts. The PFA works with the project team to collect the necessary information to analyze and assess percentage completion on the study for revenue recognition purposes.
  • The PFA is responsible to work with the project team to reconcile units achieved to ensure proper customer invoicing and to flag potential out of scope activities.
  • The PFA is responsible for analyzing project profitability and working with the project team to identify deviations, assess root causes, and help craft corrective actions.
  • The PFA is responsible for working capital management on the study. Most important is the preparation of accurate, timely invoicing whether it is monthly invoicing or milestone invoicing.
  • Work with project management to ensure that accounts are collected timely and that deviations are promptly escalated to Operations and Finance leadership.
  • Work with project teams to develop financial forecast for the study as well as resource needs for the project.

Contract Management

  • Read and understand the contract to help ensure adherence to project scope and contractual deliverables.
  • Work with project team to identify out-of-scope activities and work with project team and proposal organization to develop change orders on a timely basis to maximize recovery.
  • Provide financial analysis and support, and work with study teams to implement corrective actions and process improvements.
  • Actively contribute to staff learning & development within the company
  • Provide and coordinate finance training for relevant staff and operations team as needed.

Management, learning, & development

  • Provide financial analysis and support, and work with study teams to implement corrective actions and process improvements.
  • Actively contribute to staff learning & development within the company
  • Provide and coordinate finance training for relevant staff and operations team as needed.


Account management, sales & acquisition

  • Monitor and assure client satisfaction on finance related activities
  • Provide support in business development process including credit control and development of project budgets and cash flow solutions.

Requirements

  • Degree in financial administration or business administration field
  • Minimum 3 - 5 years of relevant work experience.
  • Fluent in written and spoken English
  • Approachable, outgoing and customer focused
  • Ability to work in a fast-paced, challenging environment in a growing company
  • Administrative excellence, strong excel and systems background
  • Strong leadership skills
  • Strong communication, presentation, and networking capabilities
  • Excellent organizational, negotiating, and financial skills

Allucent

Address

Cary, NC
USA

Industry

Technology

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