Project Financial Analyst 1

Posted:
11/3/2024, 5:35:17 PM

Location(s):
Karnataka, India ⋅ Bengaluru, Karnataka, India

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.

As a Financial Analyst at Fortrea Development your main responsibilities will be to:

  • Understand and calculate revenue recognition on a Cost to Complete methodology and provide insight to senior management on project movements assigned to you
  • Maintain complete and accurate project financial records in accordance with GAAP
  • Provide timely project information and margins to finance to support revenue recognition on a Cost to Complete methodology
  • Deliver understandable project analysis information to project team members and management as part of the Monthly Project Review Process
  • Work with project team to proactively identify issues affecting project results and profitability
  • Identify workable solutions to minimize risk and maximize profitability
  • Work with other analysts to identify project trends and issues
  • Enter budgets and necessary project information into the financial accounting system and project analysis files to allow for accurate project coding, invoicing and accounting
  • Serve as a financial resource to project managers or other project team members
  • Provide project financial training, as necessary
  • Respond to project manager, sponsor, business development director or other customer requests for project information
  • Indirect support of other analysts as needed
  • Assist in both Internal, External and SOX Audits
  • Ad hoc analysis as required by the project team or senior management
  • Assisting with Audit queries.
  • Monitor the overall health of assigned projects including but not limited to revenue, gross profit, forecasted hours as well as project close outs and reconciliations

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.

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