Project Finance Associate

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 - Project Finance Associate

PURPOSE
The primary purpose of the role is to manage the O2C activities for a portfolio of projects

REPORTS TO

Associate Manager or Manager - Project Finance

Grade

110

Work Experience

None for post graduates

Around 2 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.

• The role is an entry level role where the person is expected to get trained initially and then take up work responsibilities progressively on the activities listed below.
• Assisting Line Manager in 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

• 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

• Assisting project teams and finance teams in monthly revenue and backlog accounting. Guiding project teams 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

• Completing mandated compliance related tasks

• Providing relevant project level reporting and reconciliations

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
• Skills for working in MS Excel are desirable