Project Finance Analyst 1 (R1076210) in Reading, UK at IQVIA™

Date Posted: 8/5/2019

Job Snapshot

Job Description

IQVIA™ is the leading human data science company focused on helping healthcare clients find unparalleled insights and better solutions for patients. Formed through the merger of IMS Health and Quintiles, IQVIA offers a broad range of solutions that harness the power of healthcare data, domain expertise, transformative technology, and advanced analytics to drive healthcare forward.

Project Finance

The UK based Project Finance group manages the financial performance and profitability of the UK held contracts for the Research and Development Services organisation.

PURPOSE
The primary purpose of the role is to be responsible for revenue assurance and project profitability for the portfolio of UK held contracts in the Research and Development Services organisation.

This will be across certain Therapy areas giving breadth of experience for different types of contracts.

The role will involve reviewing accounting and revenue assurance on the project workload, assisting senior individuals within the project finance team, and working closely with the wider project finance, global finance, and project teams across the world as needed.

RESPONSIBILITIES

  • Coordinate loading of global project budgets to financial management system. Review / reconcile loaded project budgets to ensure accuracy against contracted values.
  • Coordinate loading of payment schedule. Review / reconcile loaded project payment schedule to ensure accuracy against contracted values and compliance to negotiated contract terms.
  • Confirm setup of the Project and Contract header information.
  • Coordinate configuration of Project and Contract modules, including assignment of Rate Sets / Plans to Activities, configuration of Contract Lines and establishment of Billing / Revenue Limits.
  • Monthly project and revenue reviews on project performance
  • Ensure review and completion of Project Check-off list throughout the project lifecycle (Activation, Configuration and Close-out).
  • Monitor monthly compliance reports, to ensure timely reporting of revenue and billing deliverables by Project Manager.
  • Complete project close-out procedures and communicate Project Status Action to the Global Project Services Support Group.
  • Perform project level unbilled/unearned reconciliations as required.
  • Monitor Unbilled, Write-off Activity and Over the Limit exception reports and resolve/escalate unusual activity.
  • Assist in the preparation of invoice backup requirements, and client reconciliation requests as required.
  • Complete assigned Monthly and Quarterly Sarbanes Oxley reporting requirements.
  • Assist with other special project reporting and analysis as required.
  • Perform any other duties as assigned.

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

  • Strong communication skills – written and verbal
  • Ability to work independently in a team environment with minimal supervision
  • Good understanding of management accounting and forecasting
  • Willingness to work in a flexible & challenging environment
  • Excellent time management skills and self-motivated
  • High attention to detail
     

MINIMUM REQUIRED EDUCATION AND EXPERIENCE

  • Graduate or Post Graduate (preferred)

Join Us

Making a positive impact on human health takes insight, curiosity, and intellectual courage. It takes brave minds, pushing the boundaries to transform healthcare. Regardless of your role, you will have the opportunity to play an important part in helping our clients drive healthcare forward and ultimately improve outcomes for patients.

Forge a career with greater purpose, make an impact, and never stop learning.



Job ID: R1076210