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Associate Manager / Manager - Project Finance

Associate Manager / Manager - Project Finance

IQVIA IndiaBengaluru, Karnataka, India
4 days ago
Job description

Project Role : Associate Manager / Manager - Project Finance

Work Experience : 7 + Years

Work location : Bangalore

Work Mode : Office based.

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

Job Description Summary

The India based Global Finance Operations team is a shared services organization which plays a pivotal role in managing the Order to Cash (O2C) process for a major part of the global Research & Development Services organization. The team support around 35% of the global project portfolio. In addition, the team provides quality services related to Global Financial Reporting, Global Systems Support (GPSS) and to a smaller extent related to FP&A, GL, AP and AR

Title - Associate Manager, Project Finance

PURPOSE

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

Work Experience

8+ years in any area of finance & accounting for post-graduates

10+ years in any area of finance & accounting for graduates

Education

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

RESPONSIBILITIES

  • Independently supporting internal stakeholders within IQVIA. Stakeholders include :

o Account management teams

o Project Operations teams represented by the Project Leader

o Project Finance Global Leadership

o Business Finance

o Local Country Finance

  • Managing a small team (3-4 people) of project finance personnel
  • Governing monthly revenue and backlog accounting for a portfolio of projects. Guiding PFMs towards solutions.
  • o Analysing monthly project revenue & backlog and identifying / correcting exceptions

    o Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts, contribution margin / realization / EBITDA

  • 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 compliance, quality assurance, process documentation, lean projects and other such operational governance activities
  • Working in enterprise ERP (PeopleSoft) on the following :
  • o Project and activity set up

    o Maintaining customer contracts & project budgets

    o Maintaining rate sets

    o Maintaining revenue plans

    o Maintaining billing plans

    o Maintaining milestones

    o Maintaining other project and contract data

    o Maintaining payment schedules

    o Maintaining pass through expense forecast

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    Associate Finance • Bengaluru, Karnataka, India

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