Project Analyst

POSITION SUMMARY:

Creates and prepares corporate financial analyses; prepares and analyzes monthly, quarterly, and year-end financial reports; reviews study related revenues and costs in accordance with Generally Accepted Accounting Principles (GAAP). Develops and utilizes analytical tools in order to provide management with data driven metrics for decision making. Performs duties in accordance with ProSciento's values, policies, and procedures.

DUTIES AND RESPONSIBILITIES:

Study Specific Analysis:

• Teams with business development and budgeting & contracting departments in order to maximize revenue and achieve revenue objectives.
• Manages monthly revenue recognition process by study.
• Prepares financial analyses on a study, department, and company level.
• Assists in maintaining and reviewing monthly revenue and cost projections based on clinical execution plan.
• Prepares final study reconciliations.
• Prepares profit and cash flow analyses.
• Assist with preparation and submission of site visit payments and sponsor billings.

Corporate Budgeting and Planning:

• Assists in developing, populating, and maintaining appropriate corporate budgeting and forecasting tools for variance reporting, effective cost control, and cash forecasting.
• Partners with key business leaders to drive analytics, planning and feedback loops to drive constant performance enhancement in company operations.
• Develops easy to use dashboards and toolsets to support decision making and performance monitoring.

Financial Reporting:

• Assists in preparation of monthly, quarterly, and annual financial reports in accordance with GAAP.

Competencies:

• Functional/Technical Skills - Has the functional and technical knowledge and skills to do the job at a high level of accomplishment.
• Action Oriented: Enjoys working hard; is action oriented and full of energy for the things he/she sees as challenging; not fearful of acting with a minimum of planning; seizes more opportunities than others.
• Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets firsthand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
• Creativity: Comes up with a lot of new and unique ideas; easily makes connections among previously unrelated notions; tends to be seen as original and value-added in brainstorming sessions.
• Peer Relationships - Can quickly find common ground and solve problems for the good of all; can represent his/her own interests and yet be fair to other groups; can solve problems with peers with a minimum of noise; is seen as a team player and is cooperative; easily gains trust and support of peers; encourages collaboration; can be candid with peers.

JOB REQUIREMENTS / QUALIFICATIONS/EDUCATION:

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Business Analyst Education and Experience:

Bachelor's degree from a four-year college or university in accounting, finance, economics, or related business field, plus 3-5 years of financial analyst experience in a clinical research setting or similar environment, and/or an equivalent combination of education and experience. Revenue recognition and cost accounting experience a plus. CPA/CMA certification preferred but not required.

KNOWLEDGE, SKILLS, AND COMPETENCIES REQUIRED

Skills, Knowledge, and Abilities:

All of the above, plus experience with month-end/quarter-end/year-end close and financial statement generation. Must be able to work independently while partnering across functions. Ability to organize data and information effectively and communicate with professionalism and clarity to management, sponsors, and vendors. Ability to team with FP&A professionals as well as business counterparts with limited or no FP&A experience.

Language Ability:

Ability to read and interpret documents such as commercial contracts, Standard Operating Procedures (SOPs), Work Instructions (WIs), procedural manuals, governmental and clinical regulations, and similar documents. Able to communicate effectively to employees, cross departmentally, in management groups, and group meeting settings.

Math Ability:

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.

Reasoning Ability:

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Computer Skills:

To perform this job successfully, an individual should have excellent computer skills with excellence in Excel, and proficiency in other standard work tools including Microsoft Office, Word, PowerPoint, Teams, and other software applications. Ability to quickly learn and use new software systems. Hands on experience with accounting software packages such as NetSuite, QuickBooks, or equivalent.

WORKING CONDITIONS AND PHYSICAL EFFORT

• Work is normally performed in a typical interior/office work environment, remotely or in a hybrid arrangement based on approval from the department manager/supervisor.

The above job description does not imply these outlined duties are the only duties performed by this employee. The incumbent is expected to perform other related duties necessary for the effective operation of the department and company.