Sr Manager, Operational Finance
JOB DESCRIPTION
This position is a hybrid between managing the financial support of the operational project teams and supporting the financial month-end close through units achieved for revenue recognition, forecasting, and variance analysis.
Essential functions of the job include but are not limited to:
- Manage, mentor, and provide training to the financial analysts in all areas of finance project support
- Design, develop, and implement project financial processes to increase the efficiencies of operations in order to produce accurate and timely reporting in order to achieve the desired results
- Produce monthly comprehensive financial metrics to the CFO and Executive Director of Operational Finance that includes, but not limited to: revenue recognition, forecasting, variance analysis, project utilization vs. project costing, consultant spend analysis, and pass through/vendor spend as compared to budget
- Work with the various intercompany Finance Teams in order to continuously align on the following, but not limited to: project budgets, monthly revenue, backlog, and intercompany agreements
- Support the project teams in all financial areas associated with running a clinical trial
- Assist in the preparation of the monthly invoicing worksheet which is the source document for client invoicing and source of revenue recognition
- Perform variance analysis comparing forecasted revenue to actual revenue in order to identify gaps, changes in scope, etc.
- Review work orders and change order budgets in comparison with actual activities in order to help identify out of scope activities. This includes, but not limited to: client, vendor, and CRO partner agreements
- Perform monthly EVA’s in conjunction with the Project Directors/Project Managers
- Actively participate in the monthly project review meetings and act as the financial lead at the Quarterly Business Reviews (QBRs) with clients
- Provide support to the Executive Director of Operational Finance in the review of contract documents (statements of work and change orders)
- Work with the other members of the Finance Team to ensure the timely reporting of all monthly financial information
- Collaborate with others in Finance to support overall department goals and objectives.
- Responds to inquiries from the CFO and Executive Director of Operational Finance regarding financial results, special reporting requests and ad hoc analyses relating to projects
- Assist in development and implementation of new procedures and features to enhance the workflow and internal controls
REQUIREMENTS
MINIMUM REQUIRED:
- Bachelor’s degree in Accounting/Finance or related business field
- A minimum of eight years’ experience in project finance to include a working knowledge of all project budgets, financial project management support, Earned Value Analysis (“EVA”) analysis, and financial contract review
- Direct experience in working with sponsors
- CRO industry experience
- Occasional travel to sponsor locations for QBR’s and F2F meetings and local travel to the Precisions Office for meetings should be anticipated
Preferred:
- MBA or CPA
- Quick Books
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Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law.
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Candidates must be legally authorized to work in the country of employment without employer sponsorship.
Skills
As published by greenhouse · 16 questions
Basics
First Name, Last Name, Email, Phone, Resume/CV, Cover Letter, Location
Short answers (8)
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- Are you authorized to work lawfully in the country/location for which you are applying?
- Will you now or in the future require Precision Medicine Group to commence (sponsor) an immigration case in order to employ you (for example, work visa application or work visa transfer, or other-employment based immigration case)? This is sometimes called "sponsorship" for an employment-based visa status.
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- I certify that the information on this application, my resume and any supporting documentation I provide is complete and accurate to the best of my knowledge. If this application leads to employment, I understand that false or misleading information in my application, resume or interview may result in my release or termination of employment. I authorize the Company or its agents to confirm all statements contained in this application and/or resumes as it relates to the position I am seeking and to the extent permitted by federal, state, or local law. I agree to complete any required authorization forms for the background investigation. I authorize and consent to, without reservation, any party or agency contracted by this employer to furnish the above-mentioned information. I hereby release, discharge, and hold harmless, to the extent permitted by federal, state, and local law, any party delivering information to the Company or its duly authorized representative pursuant to this authorization from any liability, claims, charges or causes of action which I may have as a result of the delivery or disclosure of the above requested information and all other persons, corporations, or organizations furnishing such information. If hired I understand that I will be required to provide genuine documentation establishing my identity and eligibility to be legally employed in the United States. I also understand that the Company employs only individuals who are legally eligible to work in the United States. This application will remain active for 60 days. Any applicant wishing to be considered for employment after that time must reapply. UNDER MARYLAND LAW, AN EMPLOYER MAY NOT REQUIRE OR DEMAND, AS A CONDITION OF EMPLOYMENT, PROSPECTIVE EMPLOYMENT, OR CONTINUED EMPLOYMENT, THAT AN INDIVIDUAL SUBMIT TO OR TAKE A LIE DETECTOR OR SIMILAR TEST. AN EMPLOYER WHO VIOLATES THIS LAW IS GUILTY OF A MISDEMEANOR AND SUBJECT TO A FINE NOT EXCEEDING $100.
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