Manager - Project Finance at IQVIA

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Research & Development, FinanceIndustries

Requirements

12+ years in any area of finance & accounting for post-graduates or 15+ years for graduates
Graduate or Post-Graduate in commerce, economics, accounting, management or allied areas (education in accounting is mandatory)
Ability to establish and maintain effective working relationships with co-workers, managers and other stakeholders
Ability to work in a multicultural transnational environment
Ability to adhere to work instructions as provided by the Line Manager
Good knowledge of statutory and management accounting
Will need to clear thresholds defined by IQVIA in computer based assessment on Numerical Ability, Logical Ability & English
Strong communication skills – written and verbal
Willingness to work in shifts
Willing to work in a flexible & challenging environment
Willingness to exhibit strong work ethics, accountability & discipline
Demonstrated ability to manage people
Skills for working in advanced MS Excel are desirable
Skills for working in PeopleSoft PA module are desirable

Responsibilities

Independently supporting internal stakeholders within IQVIA, including Account management teams, Project Operations teams (represented by the Project Leader), Project Finance Global Leadership, Business Finance, and Local Country Finance
Managing a team (5-6 people) of project finance personnel and conducting performance appraisals for team members
Governing monthly revenue and backlog accounting for a portfolio of projects and guiding PFMs towards solutions
Analysing monthly project revenue & backlog and identifying/correcting exceptions
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 operational governance activities
Working in enterprise ERP (PeopleSoft) on: Project and activity set up, Maintaining customer contracts & project budgets, Maintaining rate sets, Maintaining revenue plans, Maintaining billing plans, Maintaining milestones, Maintaining other project and contract data, Maintaining payment schedules, Maintaining pass through expense forecast

Skills

Key technologies and capabilities for this role

Project FinanceOrder to CashRevenue AccountingBacklog AccountingFinancial ReportingTeam ManagementPerformance AppraisalProject Metrics AnalysisEBITDA AnalysisComplianceQuality Assurance

Questions & Answers

Common questions about this position

What experience is required for the Manager - Project Finance role?

Candidates need 12+ years in finance & accounting for post-graduates or 15+ years for graduates.

What education is required for this position?

A Graduate or Post-Graduate degree in commerce, economics, accounting, management or allied areas is required, with education in accounting mandatory.

Is this role remote or office-based?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What team management responsibilities does this role involve?

The role requires managing a team of 5-6 project finance personnel and conducting performance appraisals for team members.

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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