From Precision Medicine Group's posting. “We” and “our” refer to the employer.
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
Precision is required by law in some states or cities to include a reasonable estimate of the compensation range for this role. This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to: skill sets, experience and training, licensure and certifications, and other business and organizational needs.
The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Precision, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. This role is also eligible for a discretionary annual bonus, health insurance, retirement savings benefits, life insurance and disability benefits, parental leave, and paid time off
for sick leave and vacation, among other benefits.
Reasonable estimate of the current range
$135,000 — $160,000 USD
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If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at myHR@precisionmedicinegrp.com.
Recruitment Fraud Warning:
Please be aware that fraudulent individuals and websites may impersonate Precision Medicine Group or its affiliates and attempt to obtain personal, financial, or banking information through fake job postings or employment offers. Precision Medicine Group will never request payment, banking details, or other sensitive financial information as part of the recruitment process.
If you believe you have been targeted by a recruitment scam, we encourage you to report the incident to your local law enforcement authorities, consumer protection agency, or relevant cybercrime reporting organization in your country. Please also notify us at myHR@precisionmedicinegrp.com so we can investigate and take appropriate action.
Candidates must be legally authorized to work in the country of employment without employer sponsorship.
Employer application notice
Equal opportunity and accommodations
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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