Clinical Forecasting Specialist - Sponsor Dedicated at IQVIA

Reading, England, United Kingdom

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Clinical ResearchIndustries

Requirements

Bachelor's Degree
3 years’ experience with 2 years of experience within a drug development environment
Equivalent combination of education, training and experience
Knowledge of revenue recognition, variance analysis, unbilled/unearned and cash flow management, backlog forecasting, and clinical trial forecasting
Knowledge of Peoplesoft Project
Experience with tools and systems such as Planisware, Cognos, Beacon, Medidata, Tableau, Advanced Excel is preferred
Technical accounting skills
Good analytical and numeracy skills
Ability to identify financial issues and execute mitigating actions
Ability to prioritize and coordinate multiple work requirements to meet deadlines
Ability to establish and maintain effective working relationships with co-workers, managers and clients
Travel expectation is 5%
Candidates must be based in the listed location/s (no applications from outside locations considered; not eligible for UK visa sponsorship)

Responsibilities

Involved in clinical out of pocket (OOP) planning from the concept phase through execution and closeout
Responsible for clinical out of pocket cost forecasting and supporting budget creation and management for assigned projects
Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, and unbilled/unearned positions
Monitor monthly compliance reports to ensure timely reporting of revenue and billing deliverables by Project Manager
Prepare monthly reporting requirements for assigned projects, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required
Review and approve work movements and changes, and final remaining revenue adjustment for assigned projects
Ensure project journal, write-offs, and financial adjustments are properly documented, reviewed and approved
Monitor Unbilled, Write-off activity, Over the Limit and Contract Activation exception reports and resolve/escalate unusual activity
Coordinate loading of global project budgets to financial management system, including collection of non IQVIA International Pricing (QIP) supported budgets; review/reconcile loaded project budgets to ensure accuracy against contracted values
Coordinate loading of payment schedule; review/reconcile loaded project payment schedule to ensure accuracy against contracted values and compliance to negotiated contract terms
Coordinate configuration of Project and Contract modules, including assignment of Rate Sets/Plans to Activities, configuration of Contract Lines and establishment of Billing/Revenue Limits
Review/monitor rate exception reports and coordinate resolution of rate issues in a timely manner with the Global Project Services Group
Ensure review and completion of Project Check-off list throughout the project lifecycle (Activation, Configuration and Close-out)
Complete project close-out procedures and communicate Project Status Action to the Global Project Services Support Group
Perform project level unbilled/unearned reconciliations as required
Complete assigned Monthly and Quarterly Sarbanes Oxley reporting requirements
Train and mentor more junior support staff
Will be assigned responsibility for projects, customers, and/or programs
Perform other duties as assigned

Skills

Financial Forecasting

Budget Management

Revenue Recognition

Financial Analysis

Contract Configuration

Billing Limits

Compliance Reporting

Project Budgeting

Rate Management

Write-off Processing

IQVIA

Advanced analytics and clinical research services

About IQVIA

IQVIA provides advanced analytics, technology solutions, and clinical research services specifically for the life sciences industry. Their services utilize extensive data resources and technology to create connections within healthcare, allowing clients to gain insights that help speed up the development and marketing of new medical treatments. This process is facilitated by their IQVIA Connected Intelligence™ system, which offers quick and flexible insights. IQVIA stands out from competitors by focusing on patient privacy, employing various technologies to protect individual data. The company's goal is to enhance healthcare outcomes by supporting biotech, pharmaceutical, and medical device companies, as well as researchers and government agencies, in understanding diseases and advancing medical science.

Durham, North CarolinaHeadquarters

1998Year Founded

$3,526MTotal Funding

POST_IPO_EQUITYCompany Stage

Cybersecurity, Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Rapid advancement of cancer vaccines may disrupt traditional clinical research models.

Proliferation of disparate technological solutions causes technology overload in clinical trials.

Generative AI technologies face challenges in adoption due to data privacy concerns.

Differentiation

IQVIA leverages advanced analytics and big data for life sciences solutions.

The company offers privacy-enhancing technologies to protect individual patient data.

IQVIA's AI Assistant provides rapid, actionable insights for healthcare and life sciences.

Upsides

Increased adoption of decentralized clinical trials enhances patient-centric study designs.

AI-driven drug discovery accelerates identification of potential drug candidates.

Expansion of telemedicine facilitates remote patient monitoring and data collection.

Land your dream remote job 3x faster with AI

Try Jobo Free