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Financial Analyst II

4 months ago

Durham, North Carolina, United States Parexel Full time

Parexel is looking for changemakers who are driven by curiosity, passion, and optimism. Come join us in keeping the Patient at the Heart of Everything We do.

Job Title:

Financial Analyst II – Project Finance

Job Introduction:

At Parexel, we are a leading Clinical Research Organization company specializing in delivering life-changing medicines to patients. We are seeking a Financial Analyst II to establish themselves as a "co-pilot", along with the Project Leader (PL), in steering a set of projects to their targeted financial goals (e.g. revenue, profitability, cash flow, etc.). The main success factors of this role include strong business acumen, strong grasp of project operations and their implications for financial performance, and strong technical, analytical, and consulting skills.

Who we are looking for:

Driven individuals with proven experience working as a Financial Analyst or in a similar role. Who are passionate and knowledgeable of project finance with an understanding of project/proposal deliverables. That have strong analytical and consulting skills along with excellent problem-solving skills while demonstrating impeccable communication skills.

What you'll do:Create accurate, transparent, and timely financial analysis to support project leadership in project decision making process; clearly articulate financial implications of business decisions and provide retrospective analysis as well as drive forward looking actions on simpler projects / contract types.Facilitate the monthly revenue cycle and support project analysis requirements, including a review of units, forecast, unit prices, and revenue recognition. Complete all required variance analyses for the set of projects, with insight. Identify risks in the project forecast and opportunities to improve revenue outlook. Communicate, document, and manage these on an ongoing message. Understand alternative finance scenarios within a project with a degree of technical knowledge and business acumen.Provide updates on financial status for assigned projects and create information in response to any client financial reporting needs for assigned projects in the area of project reporting, forecasting, or transactional details for the projects within the portfolio.Actively monitor the balance sheet positions of projects within the portfolio. Initiate action as needed with project teams to keep balances current, improving DSO and cash flow.

Additional details:

3+ years' experience as a project financial analyst required. An understanding of the fundamentals of CRO industry and how Finance's role influences in the organization is a plus. Proficient with Excel and PowerPoint applications; experience with financial performance systems. Passion to succeed, demonstrated problem solving skills, and professionalism. Bachelor's Degree and/or equivalent experience required in Finance/Accounting.

Why join us:

Opportunity to work on innovative projects at the forefront of the industry.

Collaborative and inclusive work environment that values your expertise.

Professional advancement and development opportunities.

Work life balance and flexible working hours.

Parexel US Benefits:Health, Vision & Dental InsuranceTuition ReimbursementVacation/Holiday/Sick TimeFlexible Spending & Health Savings AccountsWork/Life Balance401(k) with Company matchPet Insurance Full list of benefits available here:

About Parexel International:

At Parexel we embrace flexibility and understand that in today's fast-paced world, employees need to balance their careers with their personal lives. Come join us where learning is constant, you're exposed to a world of experiences and open doors. Each of us, no matter what we do at Parexel, contributes to the development of a therapy that ultimately will benefit a patient. We take our work personally, we do it with empathy, and we're committed to making a difference.

If this job does not sound like the next step in your career, but perhaps you know of someone who'd be a perfect fit, please share the job posting link to apply