Project Finance Analyst I

Your New Company!
At Altasciences we all move in unison to assist and work in the discovery, development, and manufacturing of new drug therapies to get them faster to people who need them.  No matter your role, we all play an important part and you will have a significant impact on the health and well-being of people across the globe. By living our values of Employee Development, Customer Focus, Quality and Excellence, Respect and Integrity, we look to foster a passionate and collaborative work environment and we are looking for talented and enthusiastic people, like you, to join our growing team! Whether you're a recent college graduate or seeking your next career opportunity, it's time to discover your future at Altasciences.

We are better together and together We Are Altasciences.

About the role

Provide project financial support and direction on assigned projects, ensuring project financials are properly monitored and managed in pursuit of maximizing project profitability and cash flow.

What You'll Do Here

• Load project budgets to financial management systems.  Review / reconcile loaded project budgets to ensure accuracy against contracted values.

• Load payment schedule to financial management systems.  Review / reconcile loaded project payment schedule to ensure accuracy against contracted values and compliance to negotiated contract terms.

• Maintain configuration of Project and Contract modules, including assignment of Rate Sets / Plans to Activities and configuration of Contract Lines.

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

• Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, and WIP/Deferred revenue positions.

• Perform project level WIP/Deferred revenue reconciliations as required.

• Monitor WIP/Deferred revenue, over the Limit and Contract activation reports and resolve/escalate unusual activity.

• Prepare monthly reporting requirements for assigned projects, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required

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

• Work with project management to ensure accurate projections taking into consideration changing project timelines, changes in scope and budget to actual comparisons which may require change orders.

• Responsible for ensuring that payments do not exceed SOW timelines. · Responsible for ensuring change orders are executed and communicated to appropriate personnel.

• Act as a central contact for the project team for designated project communications, correspondence and associated documentation.

• Participate in (study) team meetings/Project kick off meetings and interaction with cross functional staff to verify information and/or triage new data issues or prior identified action items

What You'll Need to Succeed

• Bachelor’s degree in accounting or related field preferred or equivalent work experience.

• Minimum of 1 related experience is preferred.  

• Excellent verbal and written communication skills.

• Good interpersonal skills.

• Critical thinking, initiative and good judgement as well as constructive problem solving.

• Ability to set priorities and work in an organized manner.

• Strong attention to detail.

• Professional demeanor, including the ability to demonstrate the upmost discretion pertaining to employee information.

• Proven ability to work as part of a team in a very fast paced, deadline-driven environment.

• Strong MS Office skills including Word, Excel, PowerPoint and Outlook and familiarity with HRMS systems.

What We Offer:

Altasciences offers a wide variety of benefits to help our employees live healthy and fulfilling lives both at and outside of work.

Altasciences' Benefits Package Includes:

• Health/Dental/Vision Insurance Plans

• 401(k)/RRSP with Employer Match

• Paid Vacation and Holidays

• Paid Sick and Bereavement Leave

• Employee Assistance & Telehealth Programs

Altasciences' Incentive Programs Include:

• Training & Development Programs

• Employee Referral Bonus Program

• Annual Performance Revie