Payment Manager I

Posted:
10/16/2024, 6:21:09 AM

Location(s):
Bucharest, Romania

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access, and technology solutions across more than 20 therapeutic areas. Conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.

Are you a finance professional with a background in clinical research? We're seeking dynamic individuals who are not only passionate about numbers but also bring valuable clinical trial experience to the table. In this role, you'll be responsible for managing financial reporting for grant payment budgets, including forecasting, reconciliation, and generating reports at the study level.

If you're detail-oriented, skilled in Excel, and eager to collaborate with global teams, this could be a great opportunity to enhance your career. Bonus points if you bring additional foreign language skills!

Join us in a fast-paced environment where your analytical abilities and financial expertise will directly contribute to advancing groundbreaking clinical studies.

Job Overview:

Payment Manager I is responsible for the financial reporting for grant payment budgets. This includes forecasting, reconciliation and other reporting requirements identified.

Essential Job Duties:

  • Responsible for client and clinical trial study level reporting including forecasting, accruals, reconciliation and reporting requirements associated with grant payments.
  • Work with study teams to establish assumptions to be included in the forecast.
  • Analyze actuals and update assumptions as necessary when generating forecasts.
  • Create ad-hoc reports as needed for study teams and clients.
  • Create study specific solutions to forecast and accrual related challenges.
  • Work with individuals across different levels and departments to produce the most accurate forecast given availability of study inputs.
  • Deliver accrual and forecast reports within deadlines and ensure the accuracy of the reports. Also provide variance analysis and answer questions from project teams or clients.
  • Establish strong financial models when needed.
  • Understand and follow project specific and Grants policies and procedures.
  • Generate investigative site payment reports for project team review (if applicable).
  • Assist in the development and testing of new Grant Payment systems and processes.
  • As requested, contribute and participate in process improvement projects for Grant Payment team.
  • Maintain process documentation for accrual and forecasting work and provide trainings as needed to Internal Grant team members and operational teams.
  • Perform other duties as assigned by management.

Experience:

  • Prior financial forecasting, analytical and reporting experience preferred.
  • Prior experience in a pharmaceutical or CRO environment.
  • Strong Microsoft Excel and spreadsheet skills.
  • Strong networking abilities and an ability/willingness to work with internal and external stakeholders across the globe.
  • Good planning, organizational, and time management skills.
  • Strong analytical and problem solving skills.
  • Excellent communication / writing skills.
  • Strong computer skills with an ability to access and leverage technology alternatives.
  • Flexible and adaptable to a developing work environment.
  • Strong interpersonal skills, including written and oral communication skills.
  • Comfortable dealing with ambiguity and the ability to work independently.
  • Positive attitude and approach.

Education/Qualifications/Certifications and Licenses:

University/College degree (Business or Accounting preferred) or certification in a related profession from an appropriate accredited institution (e.g., bookkeeping) AND 4 years work experience in a financial or grant administration position.

Fortrea is actively seeking motivated problem-solvers and creative thinkers who share our passion for overcoming barriers in clinical trials. Our unwavering commitment is to revolutionize the development process, ensuring the swift delivery of life-changing ideas and therapies to patients in need. Join our exceptional team and embrace a collaborative workspace where personal growth is nurtured, enabling you to make a meaningful global impact. For more information about Fortrea, visit www.fortrea.com.

Fortrea is proud to be an Equal Opportunity Employer:


As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.

For more information about how we collect and store your personal data, please see our Privacy Statement