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Director of Project Finance job in Chicago at Advanced Group

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Director of Project Finance at Advanced Group

Director of Project Finance

Advanced Group Chicago, IL Full-Time
Overview:

Advanced Group leverages over 30 years of expertise in talent acquisition, staffing, and outsourcing solutions to operate the award-winning Advanced Group family of brands, including Advanced Clinical, Advanced Resources, Advanced RPO, and WunderLand Group. Together, with mastery across professional disciplines and global markets, we’re dedicated to make a difference, every day, for our clients, our candidates, each other, and our communities. Advanced Group’s Shared Services team provides corporate services such as Marketing, Human Resources, Finance & Accounting, IT, and Operations to each of our brands. Our employees are the foundation of our energetic and collaborative environment, where constant learning and service to others take top priority. We seek dynamic, hard-working team members who are inspired to work amongst diverse backgrounds and perspectives. From our altruistic mission to outstanding career development opportunities, there’s no better place to grow your career than Advanced Group.

The Director of Project Finance will lead team which is expected to lead a high performing organization working collaboratively with the business leaders to drive growth.  This role requires the ability to prepare and review complex financial systems and processes in order to provide a comprehensive and in-depth analysis to drive improvement and streamlining to help drive results. This role is directly responsible for evaluating all elements of the forecasting process for which supports the business. The role requires a high degree of professionalism and initiative while directly leading a team of Finance professionals and aligning this team to support multiple business units /leaders.

What’s in it for YOU?

  • We are committed to a long-term flexible, remote or hybrid work model. Our company offices are where we gather for collaboration and culture-building, and available for "heads down" work when it is the employee's choice
  • Employer funded 12 life coach sessions, 10 therapy sessions and unlimited resources for our employees and their dependants
  • Competitive compensation with comprehensive medical, vision, and dental benefits package
  • 10 paid holidays including a Floating Holiday for a religious or cultural holiday of choice
  • 8 hours of additional PTO to volunteer for a charity of your choice and up to $120 paid to your charity for your commitment
  • Wellness reimbursement up to $75 per month for fitness and wellness memberships
  • Tuition reimbursement up to $5,250 per year
  • 401K match 
  • Paid parental leave

Responsibilities:

Controls

  • Applies current financial and accounting standards, policies and controls, mitigates risk between business unit/functional financial goals & accounting principles and controls. Identifies and prioritizes risks and develops solutions to achieve business objectives while remaining compliant; Sets standards and educates business partners
  • Expected to enforce standards, proactively manage risk areas, provide solutions, and implement of process improvements.
  • Monitors compliance with the execution of financial processes and preparation of monthly business analysis (e.g. revenues and costs, actuals vs. forecast, variances) for defined projects at portfolio level.
  • Relentlessly bring a focus on the underlying data integrity and control framework, and on the execution of all controls and fulfillment of audit requests.

Forecasting

  • In Partnering with Project Leads, the Manager is expected to steer projects toward targeted financial goals and performance (e.g. revenue, profitability, cash flow, etc.).

BU Analysis

  • Provides accurate, transparent, and timely financial analysis on Economic/functional/operational P&L's and KPI's to support BU leadership in the decision making process; Clearly articulate financial implications of business decisions to assist in the proactive management of profitability, costs, efficiencies and resources, and provide impact analysis on revenue, costs and metrics; Conducts crucial and challenging conversations to protect profitability and ethics
  • For assigned projects / accounts, oversee activity on balance sheet analysis. Ensure resolution of aged items.
  • Will serve as a partner to a specific customer or set of customers, as well as establish standards and policies for project financial management analytics and decision support
  • Leverages understanding of the business context to synthesize financial and operational data into meaningful business insights that highlight performance, risk, and opportunities at portfolio or customer level. In so doing, evaluates project resource planning support, monitor resource levels on ongoing projects and identify and communicate project/portfolio margin implications at portfolio 
  • Provide accurate, transparent, and timely financial and non-financial analysis to support project leadership in project and project portfolio decision making process; clearly articulate financial implications of business decisions / choices, and provide retrospective analysis as well as drive forward looking actions at portfolio level
  • Monitor key project financial management performance indicators, identify implement areas for improvement, develop solutions and adjust org unit tactics, policies and procedures to improve financial outcomes
  • Evaluates BU/Functional staffing plan and monitors utilization trends in order to optimize delivery model efficiencies at the BU level
  • Proactively engage and challenge project and portfolio leadership to achieve financial and business goals; work closely with business to meet financial goals and influence financially sound decision making
  • Responsibilities include coordination of the processes around project revenue and forecasting, project reporting, and review of project unbilled/deferred/advanced positions.
Qualifications:
  • Clinical or Clinical Research Organization (CRO) expoerience is required
  • Masters ability to listen, interpret, influence, challenge, build relationships, resolve conflict, crisp presentation and discussion facilitation, conflict resolution and negotiation in a matrix structure. Excellent interpersonal and communication skills.
  • Ability to influence, motivate others and lead change with an organization across cultures.
    Recommend and implement ways to improve efficiency, eliminate waste, reduce cost, and increase customer satisfaction.
  • Detailed knowledge of project accounting and investigator fee management is key.
  • Advanced knowledge and understanding of financial analysis and modeling especially NetSuite, excel and PowerPoint. Will need to be proficient in preparing Excel based “what if” models and recognizes and addresses issues with data integrity.

Education

  • Bachelor's Degree in finance, accounting or other quantitative discipline required.

Minimuim Work Experience

  • 8-10 years of experience in FP&A, Project accounting, Site payment process, Financial Reporting, strong understanding on US GAAP, Revenue recognition methodologies, Revenue controls. Should have managed a team. Significant and progressive Finance and Management roles with strong analytical and partnering track record.

At Advanced Group, our commitment to diversity and inclusion in every part of our organization is crucial to fulfilling our mission and demonstrating our REAL values.  A diverse staff allows us to effectively draw on different perspectives and enhance our efficiency and effectiveness. Diversity thereby strengthens the legitimacy and relevance of Advanced Group in delivering services to our clients. We seek talented, creative individuals from a variety of backgrounds and cultures to work with us. It is our priority that our workplace be inclusive, welcoming of diverse ideas and appreciative of valuable experience.

It is Advanced Group’s practice not to discriminate against any employee or applicant because of sex, race, color, age, national origin, religion, gender identity or expression, sexual orientation or sexual preference, pregnancy or maternity, genetic information, marital status, disability, veteran status, or any other basis protected by applicable federal, state or local law.

This practice applies to all terms and conditions of employment including, but not limited to, hiring, training, compensation, benefits, promotions, transfers, layoff, Company-sponsored education, social and recreational programs, and treatment on the job.  If you have a disability or handicap and would like us to accommodate you in any reasonable way, please inform your recruiter so that we can discuss the appropriate alternatives available.

#LI-CW1

Recommended Skills

  • Active Listening
  • Analytical
  • Auditing
  • Balance Sheet
  • Business Analysis
  • Business Planning
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Job ID: AR01-7987_16482

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