Manager, Business Finance Summary: Leads a team of analysts in the preparation and finalization of sponsor – based project financial reconciliations upon study-end as well as the financial analysis and preparation of financial reports as it relates to the unbilled receivables and deferred revenues general ledger. Provides analysis, summarizes transactional detail, investigates issues, communicates cross-functionally and prepares financial reports, specifically as it relates to the unbilled receivables, deferred revenues and detailed expense transactions for sponsor projects globally. Ensures policies and records are in compliance with generally accepted accounting principles (GAAP) and the processes are Sarbanes Oxley compliant.
Essential Functions: 1. Owns and drives final project closeout reconciliations, including comprehensive financial review of unbilled receivable and deferred revenue positions, reviewing contracts, and assessing the necessary final project balance actions and dispositions upon end of study.
2. Manages analysis of detailed project revenue and expense transactions in multiple currencies from multiple source systems.
3. Partners with the Business Unit CFO, Project Accounting, Investigator Payment, Accounts Receivable, and Accounts Payable teams to confirm customer requirements, research discrepancies with project-based transactions and resolve project reconciliation differences.
4. Ensures accurate and timely monthly, quarterly and year end accounting close.
5. Drives the reviews and reconciliations of unbilled receivables and deferred revenues general ledger accounts for sponsor projects globally, including analyzing trends and variances in the General Ledger (GL) account balances, reviewing contracts, and preparing reconciliations and corresponding journal entries.
6. Prepares monthly and quarterly project analytical reporting for Management Executes special projects to include, but not be limited to, analyzing historical trends, developing procedures to mitigate audit weakness, and implementing/testing activities surrounding financial system.
7. Adheres to accounting policies and procedures that are compliant with GAAP. Maintains changes to policies, while communicating and providing guidance on relative policies to appropriate staff. Ensures control procedures are created and/or edited to match new/revised accounting policy.
8. Assists with the development and administration of the accounting systems, practices, controls and procedures which conform to GAAP and related operating costs, budgets and profitability. Reviews and documents processes and procedures quarterly to ensure compliance.
9. Ensures a reporting structure is in place that is Sarbanes Oxley (SOX) compliant and meets all statutory internal and external requirements. Assist with Sarbanes Oxley quarterly compliance reviews and leads implementation of process changes to ensure compliance is maintained.
10. Line management responsibilities for staff members. For direct and indirect reports, may participate in and manage activities related to department staff operations such as interviewing and selection, job description preparation, professional development, goal setting, performance management, coaching and mentoring, employee counseling, and separations. Approves courses of action on salary administration, hiring, corrective action, and terminations. Reviews and approves time records, expense reports, requests for leave, and overtime. Works with and advises staff on administrative policies and procedures, technical problems, priorities, and methods.
Other Responsibilities: Performs other work-related duties as assigned. Minimal travel may be required (up to 25%).
Qualifications Requirements :
BA/BS degree in Business, Accounting, Finance or related field or equivalent related education and experience; plus a moderate, progressive financial experience, preferably within a CRO or pharmaceutical environment. Strong analytic, communication and computer skills needed utilizing Microsoft Office Suite (Word, Excel, PowerPoint), email, and voicemail. Proficiency with accounting software packages are necessary and Oracle Finance experience preferred. SOX experience preferred and solid understanding of GAAP required. Ability to organize and prioritize work to meet deadlines in a fast paced environment is essential. Presentation, documentation, leadership, and interpersonal skills are needed with a team-oriented approach. Prior management experience a plus.
Disclaimer: Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees.
