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Novotech
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Project Finance Specialist

Project Finance Specialist

Novotech

2 - 4 years

7 - 11 Lacs

Kolkata Mumbai New Delhi Hyderabad Pune Chennai Bengaluru

Posted:14 hours ago| Platform:

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Skills Required

Administration CRO Project finance Financial reporting Helpdesk Analytical Relationship building Revenue recognition Wellness Clinical research

Work Mode

Work from Office

Job Type

Full Time

Job Description

About the role:

The Project Finance Specialist is primarily responsible for the financial health of projects including assisting with revenue recognition, realization issues, unbilled analysis, final reconciliations, assisting with any Project Manager financial support and assisting as a point of contact between clients, finance, and Project Managers to ensure effective management of budgets and contracts.

Minimum Qualifications & Experience:

Candidate must be a proactive initiative-taker with a dynamic and resilient nature working in a fast-paced, challenging environment.
Must have experience in dealing with & resolving client and internal stakeholder financial queries.
Must have analytical & critical thinking skills.
Excellent interpersonal and relationship building skills.
Solid Financial aptitude.
Keen eye for process and quality improvement.
Effective communication and organizational skills with business acumen.
Prominent level of proficiency in using Microsoft Office and IT applications typical for administrative /business support roles.
Financial Force experience desirable.
Finance degree/diploma or equivalent.
Minimum of 2-4 years experience in a similar position, preferably in CRO, Consultancy and/or Service business.

Responsibilities:

Triage Project Finance Helpdesk.
Respond to Project Manager helpdesk tickets in a timely and accurate fashion.
Provide business partnering and advice to PMs and PDs on financial related reviews and queries
Provide Project Managers with client related financial support where required.
Ensure month end analysis and forecast reviews are done on a timely manner at high standards
Perform periodic health check reviews for any unbilled revenues and realization issues
Support revenue recognition and unit recognition for each project for invoicing purposes.
Produce client financial reporting & attend client finance meetings where required.
Participate in Operations Team meetings as required for project finance updates.
Support PM and PF teams with all project finance activities (including site and vendors)
Work closely with finance colleagues including AR and AP to achieve optimal financial health throughout all life stages of projects
Perform timely and efficient close out reconciliations with the PM and AR teams
Ensure compliance with any contracted project finance requirements for completed projects.
Drive process improvements and efficiency across the Project Finance function.
Assist with the Start work/Project load process where required.
Assist with providing financial contractual support where required.
Protect organization s value by keeping information confidential.

Novotech is proud to offer a great workplace. We are committed to being an employer of choice for gender equality and providing an inclusive work environment where everyone is treated fairly and with respect. Our team members are passionate about what we do, but we understand work is only of the things that is important to them. We support our team members with flexible working options, paid parental leave for both parents, flexible leave entitlements, wellness programs and ongoing development programs.
We are looking for people who are passionate about working clinical research and biotech, including people who identify as LGBTIQ+, have a disability or have caring responsibilities.
We are a Circle Back Initiative Employer and commit to respond to every application. We look forward to contacting you regarding your application.

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Project Finance Specialist