IQVIA

clinical research services, commercial insights and healthcare intelligence

ProjectFinanceAsst

Bangalore, Karnataka, India; Mumbai, Maharashtra, India FULL TIME
The Brief

“Project Finance Asst at IQVIA. Skills: Order to Cash (O2C) process management, Project Finance, revenue and backlog accounting, project revenue & backlog analysis, project level reporting and reconciliations, compliance, quality assurance, process documentation, operational governance. Manage the O2C activities for a portfolio of projects. Independently supporting internal stakeholders within IQVIA”

What You'll Achieve.

Achieving subject matter expertise in PFM activity

Industry & Context.

clinical research services, commercial insights and healthcare intelligence
Problems you'll solve

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; Guiding PFMs towards solutions.

Eligibility Requirements

Willingness to work in shifts

What They're Looking For.

Must Have

Graduate or Postgraduate in commerce, economics, accounting, management or allied areas., Education in accounting is mandatory., 2+ 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, communication skills – written and verbal, Willingness to work in shifts, Willing to work in a flexible & challenging environment, Willingness to exhibit work ethics, accountability & discipline, Demonstrated ability to manage people

Nice to Have

Skills for working in advanced MS Excel are desirable, Skills for working in PeopleSoft PA module are desirable

What You'll Do.

Manage the O2C activities for a portfolio of projects

Independently supporting internal stakeholders within IQVIA

Managing a small team (3-4 people) of project finance personnel

Governing monthly revenue and backlog accounting for a portfolio of projects.

Analysing monthly project revenue & backlog and identifying/ correcting exceptions

Highlighting deviations in key project performance metrics – backlog variance

over the limit revenue

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

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

How You'll Work.

Team & Collaboration

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; Training & coaching colleagues in the team

Communication Scope

communication skills – written and verbal

Process & Methodology

Governing monthly revenue and backlog accounting for a portfolio of projects., 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

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