Project Financial Support Specialist (Hyderabad)

Project Financial Support Specialist (Hyderabad)

01 Aug
|
Leading
|
Hyderabad

01 Aug

Leading

Hyderabad

When our values align, there's no limit to what we can achieve.

At Parexel, we all share the same goal - to improve the world's health. From clinical trials to regulatory, consulting, and market access, every clinical development solution we provide is underpinned by something special - a deep conviction in what we do.

Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy and we're committed to making a difference.

Key Accountabilities:

Accountability

Supporting Activities

Projects Creation

- Coordinate with Business Development, Client Finance, Finance COE and Project Leaders to ensure new awards are properly setup in all relevant financial systems accurately & timely.
- Ensure desired results of downstream for a successful project set up are achieved timely & accurately
- Populate project setup interface tools for review by FBPs, based on provided pricing tools and contract documentation & any other additional information provided

Projects Maintenance

- In coordination with Business Operations staff and FBPs, update project data for project team changes, changes in scope (CIS) and contracts signature.
- Review signed contract to ensure accurate billing & revenue recognition milestones are included in project setup.
- Maintain/update project budgets within relevant tools from post-award onwards including any subsequent changes in scope based on review of contract documentation.
- Make changes to funding to facilitate Billing and / or revenue recognition
- Facilitate project close outs.
- Performs any other activity assigned in relation to Projects set up & maintenance

Quality & Timeliness

- Complete all the assigned tasks within the established TAT and maintain checklists / trackers as directed by the management to facilitate metrics




- Provide regular updates to Manager / Supervisor on the process and identifies pain areas in the process and discuss
- Respond to all queries from business within the defined timelines
- Able to multi-task without compromising quality & adhere to close calendar

Team Work

- Participates in team discussions
- Punctual to duties & delivers assigned responsibilities in a transparent way
- Work towards solutions and engage in productive discussions
- A good team player and contributes to team’s success
- Upward management & knowledge sharing
- Contributes to Team’s & Organization’s vision and strategies
- Adapt to changes & changing needs of work quickly

Skills:

- Excellent interpersonal, verbal and written communication skills
- Demonstrated attention to detail
- Strong analytical and problem-solving skills
- Demonstrated initiative and ability to organize, meet strict deadlines, and work both independently and as part of a team
- Client focused approach to work
- A flexible attitude with respect to work assignments and new learning
- Willingness to work in a matrix environment and to value the importance of teamwork.
- Adaptable working hours and willingness to stretch when required
- Ability to Prioritize & re-prioritize work and deliver independently

Knowledge and Experience:

- Proven relevant experience in an analytical or finance support role within a publicly-traded company preferred
- Well-experienced with Microsoft suite of products
- Advanced level skills in MS Excel
- Knowledge of Business Objects, and Oracle Financials highly desirable
- Understanding of Accounting workflow with respect to Accounts Receivable is preferred
- Knowledge of clinical trials and/or industry experience would be an added advantage
- Exposure to MNCs / Corporate ways of working desired

Education:

Bachelor's degree or equivalent preferably with a numerate element (Finance, Accounting, or Business)

📌 Project Financial Support Specialist (Hyderabad)
🏢 Leading
📍 Hyderabad

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