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Are you ready to make your mark in the healthcare industry using your ingenuity and technical expertise? At Parexel, there's no limit to what you can accomplish. We work with the top 50 global pharmaceutical companies, the top global biotech companies, and hundreds of small and emerging companies. We've supported the development of some of the most important treatments of our time, including nearly all of the 50 top selling drugs currently on the market. Join us and you'll make a profound difference in millions of lives. With a role in our Information Technology group, you'll work with cutting-edge technology on internal and client-facing projects. Collaborating with people from all over the world and touching everything from enterprise systems and clinical applications to infrastructure and networking, you'll keep our data safe and confidential. You'll have the chance to develop your skills and pursue advancement opportunities that include managerial and technical tracks. If you have stellar coding and design experience and a passion to learn more about healthcare, Parexel invites you to discover our rewarding opportunities in Enterprise Architecture, Software Development, Project Management and Business Analysis, and more. In a global clinical trial environment, business-focused applications, connectivity, and data security are critical to a trial's outcome. Find out how you can be an invaluable part of our success story.
Project Financial Support Specialist
Job ID R0000035543 Hyderabad, Telangana, IndiaAccountability Supporting Activities
Projects Creation
• Coordinate with Business Development, Client Finance, Finance COE and Project Leaders to ensure new awards are properly setup in all relevant financial systems accurately & timely. • Ensure desired results of downstream for a successful project set up are achieved timely & accurately • Populate project setup interface tools for review by FBPs, based on provided pricing tools and contract documentation & any other additional information provided
Projects Maintenance
• In coordination with Business Operations staff and FBPs, update project data for project team changes, changes in scope (CIS) and contracts signature. • Review signed contract to ensure accurate billing & revenue recognition milestones are included in project setup. • Maintain/update project budgets within relevant tools from post-award onwards including any subsequent changes in scope based on review of contract documentation. • Make changes to funding to facilitate Billing and / or revenue recognition • Facilitate project close outs. • Performs any other activity assigned in relation to Projects set up & maintenance
Quality & Timeliness
• Complete all the assigned tasks within the established TAT and maintain checklists / trackers as directed by the management to facilitate metrics • Provide regular updates to Manager / Supervisor on the process and identifies pain areas in the process and discuss • Respond to all queries from business within the defined timelines • Able to multi-task without compromising quality & adhere to close calendar
Teamwork
• Participates in team discussions • Punctual to duties & delivers assigned responsibilities in a transparent way • Work towards solutions and engage in productive discussions • A good team player and contributes to team’s success • Upward management & knowledge sharing • Contributes to Team’s & Organization’s vision and strategies • Adapt to changes & changing needs of work quickly
Skills:
• Excellent interpersonal, verbal and written communication skills
• Demonstrated attention to detail
• Strong analytical and problem-solving skills
• Demonstrated initiative and ability to organize, meet strict deadlines, and work both independently and as part of a team
• Client focused approach to work
• A flexible attitude with respect to work assignments and new learning
• Willingness to work in a matrix environment and to value the importance of teamwork.
• Flexible working hours and willingness to stretch when required
• Ability to Prioritize & re-prioritize work and deliver independently
Knowledge and Experience:
• Proven relevant experience in an analytical or finance support role within a publicly-traded company preferred
• Well-experienced with Microsoft suite of products
• Advanced level skills in MS Excel
• Knowledge of Business Objects, and Oracle Financials highly desirable
• Understanding of Accounting workflow with respect to Accounts Receivable is preferred
• Knowledge of clinical trials and/or industry experience would be an added advantage
• Exposure to MNCs / Corporate ways of working desired
Education:
MBA Freshers of with some work experience in Finance . (Finance, Accounting, or Business)
Work Location: Hyderabad
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