Supports project forecasting, invoicing, cash flow, financial system validation, monthly project finance reviews, resource alignment, and reporting. Partners with project managers, finance leaders, and internal teams to identify financial risks, resolve issues, reduce cost overruns, and improve project performance. The role requires financial analysis, organization, communication, and proficiency with Microsoft Excel and Office tools. It is remotely based.
What is Cytel looking for in a Project Finance Analyst?
- A fast learner of new processes, projects, and new systems.
- An experienced organizer and planner who thrives in a fast-paced environment.
- A critical thinker who is also able to problem solve, deal with ambiguity, and analyze data to complete risk assessments.
- An experienced communicator in both written and oral forms who enjoys working with people from a wide variety of backgrounds.
- The position is remotely based.
- Partner with the teams to provide forecasting support. This will include supporting input, review, and analysis of the forecasting tool. Understanding the forecast, the forecast trends and the impact of the forecast on the broader organization will be key to success.
- Supporting invoicing and cash flow for all assigned studies. This will include a review and understanding of the cash position and what is being done to support improvement as needed.
- Validation of financial systems to confirm the study has been set up properly and updated as needed in the master systems.
- Reviewing with project manager and/or team monthly project finances. This includes understanding the rationale for the issues and potential resolutions along with the overall impact on the study and company, and strategically working with the project team to determine the next steps to recover work or reduce cost overruns.
- Provide ongoing support for aligning resourcing with the project forecast of contracted hours.
- Support any client and internal project reporting needs.
Works with internal leadership including project managers, project leads, finance managers, and higher levels of management to support financial risks, escalations, and resolutions.
QualificationsPreferred Qualifications and Preferred Technical Skills:
- Microsoft Office including Microsoft Word, PowerPoint (basic), and Microsoft Excel (Intermediate)
- Basic Knowledge of percent complete accounting
- Basic Knowledge of Financial Statement analysis
- Minimum Qualifications Education: Bachelor's Degree in Business/Finance or equivalent experience.
- Experience: Typically 2+ years related experience.
- Experience in project-based work or clinical research is a plus.
Similar Jobs
Biotech
Reviews client contracts for financial deviations, manages contracting issues and payment schedules, implements inflation rates, responds to helpdesk tickets, completes study-close reconciliations, supports financial reporting and analysis, and contributes to project finance process improvements.
Top Skills:
CRMExcelMS Office
Biotech
Support and own revenue and unit recognition for projects, perform variance and profitability analysis, reconcile accrued/deferred revenue, assist forecasting and project finance activities, work with project managers, maintain Revenue Management in FinancialForce, and mentor junior project finance analysts.
Top Skills:
Financialforce (Certinia)MS Office
Biotech
Support revenue and unit recognition for projects, perform variance analysis and forecasting, reconcile project finances and profitability, manage accrued/deferred revenue, work with PMs, use FinancialForce RM, and mentor junior project finance analysts.
Top Skills:
CertiniaFinancial Force Rm ModuleFinancialforceMS Office
What you need to know about the Chennai Tech Scene
To locals, it's no secret that South India is leading the charge in big data infrastructure. While the environmental impact of data centers has long been a concern, emerging hubs like Chennai are favored by companies seeking ready access to renewable energy resources, which provide more sustainable and cost-effective solutions. As a result, Chennai, along with neighboring Bengaluru and Hyderabad, is poised for significant growth, with a projected 65 percent increase in data center capacity over the next decade.
