Fortrea

Job Overview:

Responsible for the financial review and analysis of CPS projects.

Summary of Responsibilities:

• Review ongoing project to ensure budgets are loaded in BI data warehouse.
• Evaluates progress to date for all ongoing projects.
• Highlight projects with potential change orders.
• Monitor the overall progress to change orders in total to ensure an effective process, note gaps/best practices for potential escalation.
• Support revenue recognition process.
• Provides PM with financial data for project reviews.
• Attends and participates in project reviews.
• Manage the weekly missing timesheet monitoring process.
• Provides ad hoc project performance-to-plan reporting.
• Project profitability reporting/analysis (by client, by study type, by site, etc.).
• Participates in process improvements around performance monitoring, metrics, etc.
• Reviews and analyzes cost-to-complete data: provides feedback to PM to improve forecasting accuracy.
• Provide updates to risk registers as appropriate.
• Understands the root cause of each project's billed or unbilled position.
• Understands the revenue implications for the billed or unbilled position.
• Develops a thorough understanding of each projects' contract in collaboration with the PM, including assumptions, payment schedules, penalty, or bonus language, etc.
• Ensures project financial expectations are met in collaboration with PM during the close-out process.
• Responsible for financial training of operational team as required.
• Other duties as assigned by management.

Experience (Minimum Required):

• 2+ years’ previous experience in CRO/pharma/biotechnology industry.
• 2+ years’ previous experience in budget management of resource planning / pricing preferred.
• Understanding of clinical development and project management.
• Solid communication skills including ability to summarize information into succinct executive summary formats.
• Effective computer skills, particularly the ability to handle large data files.
• Proficiency in Microsoft Office suite, specifically Excel, PowerPoint, MS Project.

Qualifications (Minimum Required):

• Associate Degree in Business, Mathematics, or Science related field.
• Fortrea may consider relevant and equivalent experience in lieu of educational requirements.
• Language Skills Required:
• Speaking/Writing/Reading in English required.

Learn more about our EEO & Accommodations request here.