Sr Manager, Operational Finance

Precision for Medicine

3h•$135,000 - $160,000•Hybrid

About The Position

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.

Requirements

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
Candidates must be legally authorized to work in the country of employment without employer sponsorship.

Nice To Haves

MBA or CPA
Quick Books

Responsibilities

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