Senior Project Finance Analyst Lead

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
The main responsibility of the Sr Project Finance Analyst Lead is to perform all Altasciences’ project set up, customer contract set up, and revenue recognition activities, while working closely with our billing teams for assigned projects. This includes managing all financial aspects of the client relationship at the study level, oversee payment management of projects and ensure sponsor satisfaction is achieved. This also includes managing and overseeing the initiation and study management within all financials systems taking into consideration timelines, reporting and any additional client specific requirements and ensuring project financials are properly monitored and managed in pursuit of maximizing project profitability and cash flow.

What You'll Do Here

• Act as the primary internal financial point of contact for assigned sponsor(s) and associated projects.

• 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.

• Review and approve various setup, revenue recognition, monthly reporting, etc. for assigned projects of other junior project team members and/or direct reports.

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

• Ensure project financial entries are properly documented, reviewed and approved.

• Review / monitor rate exception reports and coordinate resolution of rate issues in a timely manner.

• Complete and maintain project check-off list throughout the project lifecycle (Activation, Configuration and Close-out).

• Prepare and monitor monthly compliance reports, to ensure timely reporting of revenue and billing deliverables.

• Complete project close-out procedures.

• 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.

• With guidance, provide Inputs to clinical study teams, key decision makers, and internal team members to manage continuous process improvements, issue escalation, workload projections.

• 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.

• Perform Subject Level Data Review that require further investigation with the clinical site to determine overall accur