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Project Finance Manager

Project Finance Manager

ConfidentialBengaluru / Bangalore, India
5 days ago
Job description

At Emerald Clinical, we are a global, full-service Contract Research Organization (CRO) with a rich heritage in the Asia-Pacific region. We are dedicated to advancing clinical research through scientific expertise and operational excellence, supporting biopharmaceutical, medical device, and diagnostic customers across all trial phases, from registration to post-marketing.

Our therapeutic expertise spans renal, cardiometabolic, and oncology—areas where we make a significant impact on improving global health.

At the heart of our success is our ability to combine global reach with local knowledge. Our on-the-ground teams work closely with local communities, building trust and ensuring diverse, representative patient recruitment. By prioritizing people, we deliver better engagement, more accurate data, and faster results—bringing therapies to patients in need.

Why Join Us

At our core, Emerald Clinical is committed to transforming clinical research by putting people first—both patients and our employees. By joining our team, you'll be part of a global network of passionate professionals working together to deliver better research and outcomes for millions worldwide.

Here's What Makes Us Stand Out

  • Purpose-Driven Work : You'll contribute to clinical trials that genuinely improve lives, with a focus on therapies in renal, cardiometabolic, and oncology.
  • Global Reach, Local Expertise : Our teams connect with local communities, building trust and meaningful engagement for every trial.
  • Collaboration and Innovation : Work in a culture that values diverse perspectives and creative solutions to solve global health challenges.

About The Role

The Project Finance Manager is a member of the Project Finance & Corporate Planning (PFCP) group within Emerald Clinical. The group is responsible for supporting project finance aspect of contracted clinical research projects for both internal and external customers across all functional areas and geographies, including project performance analysis, reporting, and forecasting, in line with the corporate strategy and planning.

The Project Finance Manager is a senior role in the Project Finance team and works closely with Head of Project Finance & Corporate Planning, with line management responsibilities, partnering Project Leads to implement and monitor project financial performance in accordance with contractual obligations and scope of work, as well as supporting overall business improvement initiatives.

Your Responsibilities

Project Specific :

  • Participate in Project Handover from BD to Project Operations to understand contractual arrangements that may impact the financials as well as any subcontractors in use.
  • Project Revenue Management – actively support Project Managers / Project Leads in forecasting hours, monitor revenue recognition trend across all projects and coordinate revenue journal entries. Track forecast to actuals and report trends and anomalies. Review monthly project financial performance and billing status and provide variance explanations.
  • Provide various project cycle finance support including but not limited to :
  • Month ends close such as support timely investigator payments, pass-through expense management, capturing of GC labour, accruals and customer invoicing.
  • Support Project Managers / Project Leads in forecasting contractor hours. Ensure that subcontractor costs have been appropriately accrued based on revenue recognition each month.
  • Assist with reconciliation of billing milestones, foreign exchange fluctuations and inflation.
  • Review monthly AR aging by project and assist finance and project operations with collections as necessary.
  • Support project operations with supporting documentation for annual audit questionnaire.
  • Support Project Manager / Project Lead in resolving project finance related issues and responding to sponsors on project finance related queries.
  • Participate in Project Review meetings.
  • Through monitoring project financial performance and key metrics, identify and escalate opportunities for scope changes timely and following the Scope Change SOP.
  • Prepare and review monthly project profitability report / financials. Identify trends / anomalies in consultation with Project Manager / Project Lead and escalate issues to the line manager.
  • Others

  • Prepare 12-month rolling billing forecast and variance analysis of actual vs forecast for most recent month closed.
  • Coordinate the preparation of monthly global consolidated project revenue report from Jedox and various sources. Ensure appropriate currency conversions are applied.
  • Lead and conduct training and on-boarding of other Project Finance Analyst.
  • Assist the preparation of monthly management report, articulating revenue and cost trends driving by project activities.
  • Assist quarterly forecasting and annual budgeting processes, ensuring project forecast revenue and subcontractor costs are reflective of project trend.
  • Process Improvement

  • Co-own the PSA with IT to further enhance the user experience and improve workflow process for GC.
  • Contribute to the development, implementation and centralisation of processes, procedures and systems applicable to Project & Global Finance.
  • Identify continuous improvement within your areas of responsibility.
  • Quality Management

  • Comply with Emerald Clinical Quality Management Strategy
  • All activities conducted in accordance with project specific documentation, applicable SOPs, and applicable regulatory requirements
  • Participate in audit and inspection activities where applicable
  • Comply with all designated systems relevant to this role
  • Ensure own quality control of all relevant processes and activities performed
  • Other Responsibilities

  • Ad hoc duties and projects as assigned and agreed by line manager
  • Compliance and Training

  • Complete and document mandatory training for this role within specified timelines
  • Attend and document mandatory training workshops required for this role
  • Comply with all applicable regulations, guidelines, SOPs and project-specific requirements
  • Comply with all designated systems relevant to this role
  • Ensure own quality control of all relevant processes and activities performed
  • Report and escalate identified issues in areas of responsibility according to Emerald Clinical and / or project requirements
  • Customer Focus and Teamwork

  • Attend and actively participate in Emerald Clinical meetings and other internal meetings as required
  • Work Health and Safety

  • Comply with Work Health & Safety (WH&S) legislation and operate in accordance with established organisational WH&S practice and procedures
  • Promote and contribute to a safe, secure environment for staff and visitors
  • About You

  • Tertiary qualifications in science or health care discipline or in finance, business or administration
  • Must have over 10 years of CRO industry experience, with 3‑5 years managing teams.'
  • Ability to work autonomously and as part of a team
  • Previous experience working in a project based commercial environment e.g. clinical research
  • Previous experience working as a team leader and / or business partnering role in a matrix management environment desirable
  • Project Finance management knowledge.
  • Basic knowledge of clinical trial processes and ICH / GCP guidelines desirable
  • Understanding of project contract and customer relationship management
  • A proven ability to organise, take initiative and follow up independently
  • A high level of attention to detail
  • Ability to identify and solve problems and suggest effective process improvements
  • Strong communication skills and ability to work with a variety of internal and external customers
  • Technological proficiency including Microsoft Office packages
  • Ability to see the big picture, yet still focus on detail and quality of work
  • Ability to be flexible and adaptable in the face of changing organisational priorities and ambiguous environments
  • What We Offer

    We understand that great work happens when people feel valued and supported. That's why we provide :

  • Competitive Compensation : A tailored salary and benefits package to reflect your skills and experience.
  • Flexibility : Enjoy hybrid or remote working arrangements, depending on your location and role.
  • Career Growth : Access to a wealth of learning opportunities and a global network of scientific leaders to help you grow and develop in your role.
  • Employee Wellbeing : Participate in programs and initiatives designed to promote work-life balance, health, and team connection, including global engagement surveys, recognition programs, and team-building events.
  • Global Opportunities : Be part of a company with international reach, offering you exposure to diverse projects and clients.
  • Interested Apply now and help us achieve our mission to improve the health of millions worldwide.

    Skills Required

    Customer Relationship Management, ICH GCP Guidelines

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