Job Description
About Allucent™
At Allucent™, our mission is to shine a light on new therapies that improve lives. When you join our team, you’ll use your unique skills, expertise, and knowledge to forge meaningful partnerships with clients while helping them turn groundbreaking ideas into life-changing treatments.
If you’re passionate about advancing pharmaceuticals and biologics, fueled by an entrepreneurial spirit, and eager to collaborate with top minds across science, business, and operations, we’d love to connect. Together we can accelerate innovation and grow side by side, making a last impact on patients worldwide.
Together we SHINE. Find more information about our values.
The role
As Project Financial Analyst III (PFA IIII) at Allucent™ you will independently monitor the financial activities on the studies that we conduct for our sponsors, including project economics, sponsor invoicing and working capital management. In this position you will regularly interact with project management to help interpret study progress and align on percentage completion for revenue recognition purposes, variance analysis against budget and corrective action, identification of out-of-scope activities, and change order preparation and resolution.
The PFA III is responsible for the financial management of the study:
Works with the project team and the proposal function to ensure that the project budgets are loaded into RDM, and are tied out to their current contracts.
Works with the project team to collect the necessary information to analyze and assess percentage completion on the study for revenue recognition purposes.
Works with the project team to reconcile units achieved to ensure proper customer invoicing and to flag potential out of scope activities.
Analyzes project profitability and working with the project team to identify deviations, assess root causes, and help craft corrective actions.
Works capital management on the study; preparation of accurate, timely invoicing whether it is monthly invoicing or milestone invoicing.
Works with project management to ensure that accounts are collected timely and that deviations are promptly escalated to Operations and Finance leadership.
Works with project teams to develop and analyze financial forecast for the study as well as resource needs for the project.
Provides financial analysis and support, and work with study teams to implement corrective actions and process improvements.
Provides and coordinates finance training for relevant staff and operations team as needed.
Identifies issues, proposes solutions, works with appropriate organizational members and see to completion.
Reads and understands the contract to help ensure adherence to project scope and contractual deliverables.
Works with project team to identify out-of-scope activities and work with project team and proposal organization to develop change orders on a timely basis to maximize recovery.
Works with the project team on creating performance plan and/or include in a CO and sees to completion.
Monitors and assures client satisfaction on finance related activities
Provides support in business development process including credit control and development of project budgets and cash flow solutions.
Actively contributes to staff learning & development within the company.
To be successful you will possess:
Degree in financial administration or business administration field
Minimum 3-5 years of CRO experience
Administrative excellence, strong excel and good understanding of 606
Fluent in written and spoken English
Ability to work in a fast-paced, challenging environment in a growing company
Approachable, outgoing and customer focused
Strong communication, presentation, and networking capabilities
Excellent organizational, negotiating, and financial skills
Benefits of working at Allucent™ include:
- Comprehensive benefits package per location
- Competitive salaries per location
- Departmental Study/Training Budget for furthering professional development
- Flexible Working hours (within reason)
- Opportunity for remote/office-based* working depending on location
- Leadership and mentoring opportunities
- Participation in our enriching Buddy Program as a new or existing employee
- Internal growth opportunities and career progression
- Financially rewarding internal employee referral program
- Access to online soft-skills and technical training via GoodHabitz and internal platforms
- Eligibility for our Spot Bonus Award Program in recognition of going above and beyond on projects
- Eligibility for our Loyalty Award Program in recognition of loyalty and commitment of longstanding employees
Disclaimers:
*Office-based employees are required to work in-office no less than two (2) days per each work week. There are certain positions for which employees are required to work in-office no less than three (3) days per each work week for employees within reasonable distance from one of our global offices.
“The Allucent Talent Acquisition team manages the recruitment and employment process for Allucent (US) LLC and its affiliates (collectively “Allucent”). Allucent does not accept unsolicited resumes from third-party recruiters or uninvited requests for collaboration on any of our open roles. Unsolicited resumes sent to Allucent employees will not obligate Allucent to the future employment of those individuals or potential remuneration to any third-party recruitment agency. Candidates should never be submitted directly to our hiring managers, employees, or human resources.”
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