About This Role
This Project Analyst role manages the financial health of projects by accurately recording and reporting financial data to the project team and clients. The analyst acts as a financial expert, collaborating with and challenging teams to ensure profitability and compliance, and escalating any financial concerns.
Responsibilities
- Work with the Project Management Team to accurately record actual units and corresponding value completed on a monthly cycle
- Work with the Project Management Team to accurately forecast future units and revenue
- Perform analysis on actual hours and cost versus budget to ensure profitability
- Review that projected resource assignments are in line with forecasted work
- Ensure invoices are raised as soon as applicable
- Monitor the total project cash position including services, PTC
-s, Grants, outstanding invoices, advances, etc.
- Accurately record financial data in required systems
- Ensure compliance with audit requirements and support the year-end and interim audit processes
- Support the Change Order process through the accurate recording of changes in scope and review/approval of Change Order budgets and payment schedules
- Stay up to date with local and global revenue regulations
- Ensure accurate reporting to clients in a timely manner in line with client requirements
- Work on projects and areas of specialty as agreed with the Lead/Senior Project Analysts
- Perform other duties as assigned
Requirements
- Bachelor
-s degree or 4-year equivalent degree
- Strong analytical skills
- Proficient in Microsoft Excel
- Ability to influence and challenge as required
- Excellent written and verbal communication skills to clearly and concisely present information, including English language proficiency
- Understanding of the financial aspects of projects from Study Award to Project Close Out
- Familiar with revenue recognition on a percent complete basis
- Creating financial presentations and effectively communicating them to non-financial coworkers and clients
- Take responsibility for self-learning
Nice to have:
- Work experience in business or finance
About the Company
Worldwide Clinical Trials is a global, midsize CRO with over 3,500 experts, focused on pioneering and creative approaches to clinical research. The company aims to improve lives by working with passion and purpose every day.