Global Finance Operations team
The India based Global Finance Operations team is a shared services organization which plays a pivotal role in managing the Order to Cash (O2C) process for a major part of the global Research & Development Services organization. The team support around 35% of the global project portfolio.
In addition, the team provides quality services related to Global Financial Reporting, Global Systems Support (GPSS) and to a smaller extent related to FP&A, GL, AP and AR
Title - Associate Manager, Project Finance
PURPOSE
The primary purpose of the role is to manage the O2C activities for a portfolio of projects
Grade
140
Work Experience
8+ years in any area of finance & accounting for post-graduates
10+ years in any area of finance & accounting for graduates
Education
Graduate or Post-Graduate in commerce, economics, accounting, management or allied areas. Education in accounting is mandatory.
RESPONSIBILITIES
Independently supporting internal stakeholders within IQVIA. Stakeholders include:
Account management teams
Project Operations teams represented by the Project Leader
Project Finance Global Leadership
Business Finance
Local Country Finance
Managing a small team (3-4 people) of project finance personnel
Governing monthly revenue and backlog accounting for a portfolio of projects. Guiding PFMs towards solutions.
Analysing monthly project revenue & backlog and identifying/ correcting exceptions
Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts, contribution margin/ realization/ EBITDA
Providing relevant project level reporting and reconciliations
Managing ad-hoc tasks
Achieving subject matter expertise in PFM activity
Training & coaching colleagues in the team
Supporting the management team in activities around compliance, quality assurance, process documentation, lean projects and other such operational governance activities
Working in enterprise ERP (PeopleSoft) on the following:
Project and activity set up
Maintaining customer contracts & project budgets
Maintaining rate sets
Maintaining revenue plans
Maintaining billing plans
Maintaining milestones
Maintaining other project and contract data
Maintaining payment schedules
Maintaining pass through expense forecast
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
Ability to establish and maintain effective working relationships with co-workers, managers and other stakeholders
Ability to work in a multicultural transnational environment
Ability to adhere to work instructions as provided by the Line Manager
Good knowledge of statutory and management accounting
Will need to clear thresholds defined by IQVIA in computer based assessment on Numerical Ability, Logical Ability & English
Strong communication skills – written and verbal
Willingness to work in shifts
Willing to work in a flexible & challenging environment
Willingness to exhibit strong work ethics, accountability & discipline
Demonstrated ability to manage people
Skills for working in advanced MS Excel are desirable
Skills for working in PeopleSoft PA module are desirable
IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com
IQVIA is committed to integrity in our hiring process and maintains a zero tolerance policy for candidate fraud. All information and credentials submitted in your application must be truthful and complete. Any false statements, misrepresentations, or material omissions during the recruitment process will result in immediate disqualification of your application, or termination of employment if discovered later, in accordance with applicable law. We appreciate your honesty and professionalism.