Position Summary:
This position is a hybrid between a project budget analyst supporting the operational project teams financially, and an accountant supporting all general ledger functions and the month-end close cycle.
Essential functions of the job include but are not limited to:
- Support the project teams in all financial areas associated with running a clinical trial.
- Assist in the preparation of the monthly invoicing worksheet which is the source document for client invoicing and source of revenue recognition
- Perform variance analysis comparing forecasted revenue to actual revenue to identify gaps, changes in scope, etc.
- Review work orders and change order budgets in comparison with actual activities to help identify out of scope activities
- Perform monthly Earned Value Analyses (EVA’s) in conjunction with the Project Directors/Project Managers. Participate in the monthly project review meetings on an as needed basis
- Provide support to the Executive Director of Operational Finance in the preparation of contract documents (statements of work and change orders)
- Work with Company Accountant to provide support to the financial reporting and general ledger functions. Work with Company Accountant to provide support to ensure an accurate and timely monthly, quarterly and year-end close
- Work with Company Accountant to ensure the timely reporting of all monthly financial information. Collaborate with others in Finance to support overall department goals and objectives
- Responds to inquiries from the CFO and Executive Director of Operational Finance regarding financial results, special reporting requests and ad hoc analyses relating to projects
- Assist in development and implementation of new procedures and features to enhance the workflow and internal controls
Qualifications:
Minimum Required:
- Europe: University degree in Accounting/Finance or related field or equivalent experience in accounting discipline
- North America: Bachelor’s degree in Accounting/Finance or related business field
Other Required:
- Five or more years general ledger and financial reporting experience including working knowledge of all areas of the accounting cycle, project budgets, financial project management support, Earned Value Analysis (“EVA”) analysis, and contract review or equivalent relevant experience and/or demonstrated competencies
- Ability to undertake occasional domestic and international travel including overnight stays
- Fluency in English and, in addition, for non-English speaking countries the local language of the country where position based
Preferred:
- MBA
- Certified Public Accountant (CPA) for North America or equivalent local qualification
- CRO industry experience
- Quick Books
Competencies:
- Strong Working knowledge of the life cycle of a project with a solid foundation of how the financials and contract status impact each stage of the clinical trial
- Working knowledge of accounts payable, accounts receivable, general ledger, bank reconciliations, QuickBooks or related software package, strong Excel /PC skills and able to thrive in multi
- tasking environment
- Strong accounting skills
- High energy and enthusiasm with a strong commitment to exceeding expectations
- Flexibility and willing to work on multiple assignments of varying tasks with personnel throughout the organization
- Ability to learn quickly. Good oral and written communication & interpersonal skills with the ability to connect and build relationships with management and others throughout the organization
- Exhibits self-motivation, and is able to work independently as well as in a team environment Team player with a desire to be an active, long-term participant in the growth of the company
Precision is required by law in some states or cities to include a reasonable estimate of the compensation range for this role. This compensation range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to: skill sets, experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Precision, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. This role is also eligible for a discretionary annual bonus, health insurance, retirement savings benefits, life insurance and disability benefits, parental leave, and paid time off for sick leave and vacation, among other benefits.
Reasonable estimate of the current range
$70,000—$100,000 USD
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Precision Medicine Group is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law. © 2020 Precision Medicine Group, LLC
If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact Precision Medicine Group at [email protected].
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What We Do
We founded Precision Medicine Group in 2012 because we believed there was a transformational opportunity to improve the process of bringing new drugs to market. It involves utilizing technology, data, and human expertise. It is a big challenge that requires diverse talents. Our model involves both nurturing and investing organically and acquiring capabilities that we do not have but critically need. Our core executive team is anchored to this model, building life science services that address fundamental changes in healthcare that are necessary for health and outcomes improvement.
