Associate Manager/Manager - Project Finance

Project Role: Associate Manager/Manager - Project Finance

Work Experience: 7 + Years

Work location: Bangalore

Work Mode: Office based.

Work Timing: 2:00 PM to 11:00 PM

Job Description Summary

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

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:

o Account management teams

o Project Operations teams represented by the Project Leader

o Project Finance Global Leadership

o Business Finance

o 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.

o Analysing monthly project revenue & backlog and identifying/ correcting exceptions

o 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:

o Project and activity set up

o Maintaining customer contracts & project budgets

o Maintaining rate sets

o Maintaining revenue plans

o Maintaining billing plans

o Maintaining milestones

o Maintaining other project and contract data

o Maintaining payment schedules

o Maintaining pass through expense forecast