Financial Director

4 weeks ago

Washington, United States Syneos Health Inc Full time
Job Title: Director, Business Finance

Syneos Health Inc is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities.

As a key member of our team, you will oversee management and direction of assigned finance personnel, approving course of action on all management/human resource matters, including employment hires, transfers, terminations, promotions, performance appraisals, professional development, job descriptions, employee evaluation, training, counseling, and discipline of direct staff members.

You will support, report, and forecast on revenue, contracts, projects, and resource requirements for assigned business unit(s), ensuring all financial requirements are being properly controlled within the business unit and in accordance with Generally Accepted Accounting Principles (GAAP).

Key Responsibilities:

  • Oversee management and direction of assigned finance personnel
  • Approve course of action on all management/human resource matters
  • Support, report, and forecast on revenue, contracts, projects, and resource requirements
  • Ensure all financial requirements are being properly controlled within the business unit
  • Ensure global compliance of corporate revenue and expense recognition policies
  • Support line of business financial requirements and corporate profitability targets
  • Ensure backlog is accurate and updated timely
  • Provide financial leadership, system support, and functional guidance to the Business Unit Controllers
  • Participate in and manage activities related to department staff operations
  • Approve courses of action on salary administration, hiring, corrective action, and terminations
  • Review and approve time records, expense reports, requests for leave, and overtime
  • Work with and advise staff on administrative policies and procedures, technical problems, priorities, and methods
  • Ensure project revenues are being recorded in accordance with GAAP and company policies
  • Oversee review of project profitability and balance sheet health
  • Meet with project managers regularly to assess progress and to discuss any potential contract needs or changes
  • Participate in monthly project status meetings and ensure concurrence of project status and progress
  • Serve as a financial liaison for the project management, escalating significant issues within finance and working across departments to resolve issues as required
  • Reviews and validates Business Unit Profit & Loss Statements
  • Investigate and resolve anomalies and unusual trends
  • Support and participate in Monthly/Quarterly Business Unit Reviews, providing financial insights to business growth trends and profitability in assigned area
  • Offers methods and ideas for improving results
  • Reviews all significant proposals to ensure they meet corporate profitability and cash targets
  • Approve those that do meet targets and escalate those that do not meet targets
  • Support all financial negotiations for contracts and proposals and provides insightful solutions as to how to meet both the sponsors and Company financial goals
  • Supports Company's accounting closing schedule and all corporate financial reporting requirements
  • Accurately forecasts future financial periods
  • Ensures backlog reporting is current, with any significant variances explained
  • Works closely with business units to ensure backlog reflects consistent, accurate and timely reporting
  • Supports assigned business unit in the annual budgeting process including the creation and/or review of budget versus actual numbers
  • Ensures unit's reporting and process structures are and remain compliant with all statutory internal and external requirements
  • Identifies and implements controls, efficiencies, and procedures to ensure financial information is reported accurately and timely for group deadlines
  • Supports and responds to requests received from Operational Management and Teams, Proposals, Contracts, Business Development, Accounts Receivable Finance, and other operational groups
  • Leads miscellaneous projects such as assessing changes to processes and analyzing unique financial anomalies
  • Supports and assists in new system implementations, conversions, and acquisitions as needed
  • Performs other work-related duties as assigned

Requirements:

  • BA/BS degree in Business, Accounting, Finance, or related field required; advanced degree preferred
  • Requires a minimum of 10 years of extensive, progressive financial experience preferably within a Contract Research Organization or pharmaceutical environment
  • Demonstrated leadership skills
  • Effective presentation, documentation, and interpersonal skills with a team-oriented approach
  • Ability to organize and prioritize work to meet deadlines in a fast-paced environment is essential
  • Proficiency with accounting software packages is required; Oracle Finance experience strongly preferred
  • Demonstrated ability to work with confidential and sensitive data
  • Strong computer skills utilizing Microsoft Office Suite (Word, Excel, PowerPoint)
  • English proficiency required

About Syneos Health Inc:

Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients.

No matter what your role is, you'll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment.

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