Project Finance Specialist

Project Role : Project Finance Analyst

Work Experience : 3 to 7 Years

Work location : Thane / Bangalore

Work Mode : Hybrid

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

PURPOSE

The primary purpose of the role is to manage the O2C activities for a portfolio of projects

REPORTS TO

Associate Manager or Manager - Project Finance

RESPONSIBILITIES

• Supporting internal stakeholders within IQVIA. Stakeholders include :
• Account management teams
• Project Operations teams represented by the Project Leader
• Project Finance Global Leadership
• Business Finance
• Local Country Finance
• Working in enterprise ERP (PeopleSoft) on the following :
• Project and activity set up
• Maintaining customer contracts & project budgets
• Maintaining rate sets
• Maintaining revenue plans
• Maintaining billing plans
• Maintaining milestones
• Maintaining other project and contract data
• Maintaining payment schedules
• Maintaining pass through expense forecast
• Assisting project teams and finance teams in monthly revenue and backlog accounting. Guiding project teams towards solutions.
• Analyzing monthly project revenue & backlog and identifying / correcting exceptions
• Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts, contribution margin / realization / EBITDA
• Supporting the management team with executing compliance related tasks
• 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 quality assurance, process documentation, lean projects and other such operational governance activities

Education

Graduate or Post-Graduate in commerce, economics, accounting, management or allied areas. Education in accounting is mandatory.

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES