CRM Financial Analyst at IQVIA

Bengaluru, Karnataka, India

IQVIA Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, PharmaceuticalsIndustries

Requirements

  • Bachelor’s or Master’s degree in Finance, Accounting, or related field
  • Strong knowledge of financial analysis, budgeting, and procurement processes
  • Proficient in Microsoft Excel and financial systems
  • Excellent organizational and communication skills
  • Ability to manage multiple priorities and meet deadlines
  • Experience in vendor management and cost recovery tracking
  • Familiarity with compliance standards and audit requirements
  • Detail-oriented with strong analytical capabilities
  • Ability to work independently and in collaborative environments
  • Committed to continuous learning and process optimization

Responsibilities

  • Ensure efficient handling of procurement processes, including creation, validation, and tracking of purchase orders in compliance with company policies and regulatory requirements
  • Liaise with HCP Engagement team members and leaders to understand their CRM, Licensing and Vendor needs and support them in obtaining required financial details
  • Maintain strong relationships with vendors, manage contracts, monitor performance, and ensure timely delivery of services
  • Monitor and control internal and external costs while maximizing recovery by tracking cost and recovery metrics every month
  • Provide accurate and timely financial reports, including preparation and presentation of financial statements, budgets, and forecasts
  • Support annual budgeting and rolling forecast processes by consolidating inputs and validating assumptions
  • Ensure adherence to internal controls and assist in audit readiness through accurate documentation and compliance checks
  • Perform ad-hoc financial analysis to identify trends, variances, and opportunities for cost optimization to support HCP Engagement Cost Models
  • Participate in process improvement initiatives to enhance efficiency and reporting accuracy
  • Collaborate with cross-functional teams to resolve discrepancies and provide actionable financial insights

Skills

Financial Analysis
Budgeting
Forecasting
Procurement
Purchase Orders
Vendor Management
Cost Control
Microsoft Excel
Financial Reporting
Contracts
Audit Readiness

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.

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