Job Title: Project Finance Analyst
Summary:
Novotech, a leading global Clinical Research Organization (CRO), is seeking a highly motivated and detail-oriented Project Finance Analyst to join our expanding team in India (Bangalore) and Malaysia. This role offers a unique opportunity to contribute to the financial success of global clinical trials by ensuring accurate revenue recognition, profitability analysis, and financial reporting. If you possess a strong financial foundation, excellent analytical skills, and a passion for the healthcare industry, we encourage you to apply.
About Novotech:
Novotech is a dynamic and rapidly growing CRO with a strong presence in the Asia-Pacific region, Europe, and North America. We are dedicated to providing exceptional clinical research services to our clients, supporting them in bringing innovative therapies to market. At Novotech, we foster a collaborative and supportive environment where employees can thrive and make a meaningful impact on global health.
Key Responsibilities:
As a Project Finance Analyst, you will play a critical role in supporting the financial management of our clinical trial projects. Your responsibilities will include:
- Revenue Recognition and Financial Forecasting: Oversee and ensure accurate revenue recognition according to established accounting principles throughout the project lifecycle. Develop and maintain financial forecasts, identifying potential risks and opportunities.
- Project Profitability and Performance: Collaborate closely with Project Managers to monitor project profitability, realization, and overall financial performance against budget.
- Variance Analysis and Reporting: Analyze variances between actuals and forecasts, providing clear and concise insights to senior management to facilitate informed decision-making.
- Month-End Closing: Manage month-end closing activities related to project revenue and cost accruals, ensuring accurate and timely reporting.
- Budget Reconciliation and Project Close-Out: Oversee the final budget reconciliation process upon project completion, ensuring all financial aspects are accurately accounted for and projects are closed out effectively.
- Client Contracting and Payment Terms: Assist in the review and negotiation of client contracts, including milestone schedules and payment terms.
- ERP System Management: Ensure accurate and timely project setup and maintenance in our ERP systems (Salesforce/Certinia), adhering to company policies and procedures.
- Client Relationship Management: Respond to client financial inquiries in a professional and timely manner, fostering strong client relationships.
- Process Improvement: Contribute to the continuous improvement of finance processes and procedures, identifying opportunities for increased efficiency and accuracy.
Minimum Qualifications & Experience:
- Bachelor’s degree in Finance, Accounting, Life Sciences, Clinical Research, or a related field.
- Minimum of 2 years of experience in financial operations within the pharmaceutical, CRO, or healthcare industry.
- Strong understanding of financial principles and practices, with the ability to influence business performance through financial insights.
- Advanced proficiency in Microsoft Excel, including complex formulas, data analysis, and reporting.
- Experience with Salesforce/Certinia ERP systems is highly preferred.
- Excellent analytical, problem-solving, and reporting skills.
- Strong communication and interpersonal skills, with the ability to effectively communicate financial information to both financial and non-financial stakeholders.
- Ability to work independently and as part of a team in a fast-paced environment.
Why Join Novotech?
At Novotech, we are committed to providing our employees with a rewarding and fulfilling career experience. We offer:
- Flexible Work Options: We understand the importance of work-life balance and offer flexible work arrangements to meet individual needs.
- Paid Parental Leave: We provide generous paid parental leave for both parents, supporting families during this important time.
- Wellness and Learning Programs: We invest in the well-being of our employees through various wellness and learning programs, promoting personal and professional growth.
- Inclusive Environment: We are committed to creating an inclusive environment that celebrates diversity and supports LGBTIQ+, differently-abled individuals, and caregivers.
- Global Exposure: With over 34 offices across APAC, Europe, and North America, you will have the opportunity to collaborate with colleagues from around the world and gain valuable global experience.
- Career Growth: As one of the fastest-growing global CROs, we offer excellent opportunities for career advancement and professional development.
Job Location:
- India: Ground Floor, Unit 1, Block E, Helios Business Park, Bangalore – 560103
- Malaysia: Various locations available
How to Apply:
If you are a talented and driven finance professional seeking a challenging and rewarding opportunity, we encourage you to apply. Please submit your resume and cover letter through our online application portal. We look forward to hearing from you!