Project Financial Analyst II

Project Financial Analyst II

Syneos Health® is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities.  

Every day we perform better because of how we work together, as one team, each the best at what we do. We bring a wide range of talented experts together across a wide range of business-critical services that support our business. Every role within Corporate is vital to furthering our vision of Shortening the Distance from Lab to Life®.

Discover what our 29,000 employees, across 110 countries already know.

WORK HERE MATTERS EVERYWHERE

Why Syneos Health

• We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
• We are committed to our Total Self culture – where you can authentically be yourself. Our Total Self culture is what unites us globally, and we are dedicated to taking care of our people. 
• We are continuously building the company we all want to work for and our customers want to work with. Why? Because when we bring together diversity of thoughts, backgrounds, cultures, and perspectives – we’re able to create a place where everyone feels like they belong. 

Job Responsibilities

Summary:         

Serves as financial analyst for Business Unit Controller(s) and Associate Director(s) Finance. Prepares, reconciles, analyzes and reports Business Unit(s) revenue, contracts, projects, and associated metrics. Produces financial and other business analyses, interpretation, and investigation of data for operations for assigned projects and contracts. Ensures all reporting activities are accurate and prepared within established timelines.  

Essential Functions:

Supports Business Unit Controller in:

•  Records revenue each month for Unit, Fee for Service and Fixed Price contracts;

• Loads project budgets into Oracle/Revenue Wizard and maintaining key member lists (project set up) and other project data in Oracle and associated systems and schedules;

• Prepares project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results;

• Coordinates monthly forecasting of financial results (backlog);

• Meets established deadlines for Revenue and Backlog submittals;

• Timely preparation of project close out reconciliations including issue identification and escalation, if necessary;

• Serves as a key contact point for interpretation and investigation of financial results in assigned area for the assigned Project Manager(s)/Project Lead(s); and

• Reviews executed Work Orders and Change Orders for bonus other anomalies. 

Works closely with Business Unit Controller to: 

• Captures, assesses and consolidates results

• Prepares key reports such as annual cost and expense budgets, cost rates, cost and expense forecasting, monthly utilization, headcount, revenue backlog analysis, and/or gross profit for assigned area. 

• Assists in running P&L’s (Profit and Loss), G/L (General Ledger) account detail, and Project level reports for Business Unit Controller(BUC) review; and

• Produces ad hoc reports as required with assistance. 

• Attends project meetings as applicable to support assigned areas.

• Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules.  

• Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues and the accuracy of the forecast. 

• Monitors the overall health of assigned projects including but not limited to revenues, gross profit, receivables, and unbilled amounts as well as project close outs and reconciliations.

• Acts as back up for Project Financial manager in supporting and responding to requests received from project managers and others as needed.

Qualifications Requirements:

• BA/BS degree in Business, Accounting, Finance, or equivalent education and experienc