Associate Manager - Project Finance

8 - 13 years

30 - 35 Lacs

Posted:1 month ago| Platform: Naukri logo

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Work Mode

Work from Office

Job Type

Full Time

Job Description

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
REPORTS TO
Manager - Project Finance
Grade
140 (5th from entry level)
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.
  • 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

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