Sr Financial Associate (Revenue Recognition)

Description

Sr Financial Associate

Syneos Health® is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities.  

Every day we perform better because of how we work together, as one team, each the best at what we do. We bring a wide range of talented experts together across a wide range of business-critical services that support our business. Every role within Corporate is vital to furthering our vision of Shortening the Distance from Lab to Life®.

Discover what our 29,000 employees, across 110 countries already know: 
WORK HERE MATTERS EVERYWHERE

Why Syneos Health

• We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
• We are committed to our Total Self culture – where you can authentically be yourself. Our Total Self culture is what unites us globally, and we are dedicated to taking care of our people. 
• We are continuously building the company we all want to work for and our customers want to work with. Why? Because when we bring together diversity of thoughts, backgrounds, cultures, and perspectives – we’re able to create a place where everyone feels like they belong.

Job responsibilities 

1.      Supports Business Unit Controller in:

·       Records revenue each month for Unit, Fee for Service and Fixed Price contracts;

·       Loads project budgets into Oracle/Revenue Wizard and maintaining key member lists (project set up) and other project data in Oracle and associated systems and schedules;

·       Prepares project level actual versus budget/forecast variance analysis monthly as well as monthly reports for distribution in analyzing monthly results;

·       Coordinates monthly forecasting of financial results (backlog);

·       Meets established deadlines for Revenue and Backlog submittals;

·       Timely preparation of project close out reconciliations including issue identification and escalation, if necessary;

·       Serves as a key contact point for interpretation and investigation of financial results in assigned area for the assigned Project Manager(s)/Project Lead(s); and

·       Reviews executed Work Orders and Change Orders for bonus other anomalies. 

2.      Works closely with Business Unit Controller to: 

·       Captures, assesses and consolidates results; and

·       Prepares key reports such as annual cost and expense budgets, cost rates, cost and expense forecasting, monthly utilization, headcount, revenue backlog analysis, and/or gross profit for assigned area. 

·       Assists in running P&L’s (Profit and Loss), G/L (General Ledger) account detail, and Project level reports for Business Unit Controller(BUC) review; and

·       Produces ad hoc reports as required with assistance.

3.      Attends project meetings as applicable to support assigned areas. Attends project kick-off meetings to capture and process relevant data for set up of newly awarded projects onto financial systems and schedules.  Attends monthly project review (MPRs) meetings to ensure understanding/concurrence of project status, potential issues and the accuracy of the forecast. 

4.      Monitors the overall health of assigned projects including but not limited to revenues, gross profit, receivables, and unbilled amounts as well as project close outs and reconciliations.

5.      Acts as back up for BUC in supporting and responding to requests received from project managers and others as needed.

Qualifications

What we’re looking for
Qualifications:

BA/BS degree in Business, Accounting, Finance, or equivalent education and experience. 

Pharmaceutical or CRO experience preferred.  Strong English proficiency. Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint) is essential. 

Proficiency with accounting software packages. Experience with Oracle Finance is preferred.  Exceptional attention to detail, accuracy, organizational, interpersonal, and teamwork skills.

 Excellent financial, communication, and interpersonal skills as well as a high level of personal motivation to achieve.

Demonstrated ability to work with confidential and sensitive data. Ability to perform several tasks simultaneously to meet deadlines is necessary.

Get to know Syneos Health
Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients.

No matter what your role is, you’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment. Learn more about Syneos Health.

Additional Information:
Tasks, duties, and responsibilities as listed in this job description are not exhaustive.  The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities.  Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description.  The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above.   Further, nothing contained herein should be construed to create an employment contract.  Occasionally, required skills/experiences for jobs are expressed in brief terms.  Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees.  The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.