Clinical Forecasting Specialist
6 days ago
The Clinical Forecasting Specialist will be responsible for providing clinical out of pocket cost forecasting and supporting budget creation and management for assigned projects. This role requires strong analytical and financial skills, with the ability to identify financial issues and execute mitigating actions.
About the RoleThis is a key position in our team, requiring the ability to prioritize and coordinate multiple work requirements to meet deadlines. The ideal candidate will have experience with revenue recognition, variance analysis, unbilled/unearned and cash flow management, backlog forecasting, and clinical trial forecasting.
Key Responsibilities- Conduct monthly review and analysis of assigned projects, including review of revenue recognition, project performance variances, and unbilled/unearned positions.
- Prepare monthly reporting requirements for assigned projects, including unsigned contract opportunities, backlog, and other ad-hoc financial analysis as required.
- Review and approve work movements and changes, and final remaining revenue adjustment for assigned projects.
- Ensure project journal, write-offs, and financial adjustments are properly documented, reviewed and approved.
- Monitor Unbilled, Write-off activity, Over the Limit and Contract Activation exception reports and resolve/escalate unusual activity.
- Bachelor's Degree
- 3 years' experience with 2 years of experience within a drug development environment
- Equivalent combination of education, training and experience
- Knowledge of revenue recognition, variance analysis, unbilled/unearned and cash flow management, backlog forecasting, and clinical trial forecasting
- Knowledge of Peoplesoft Project
- Experience with tools and systems such as Planisware, Cognos, Beacon, Medidata, Tableau, Advanced Excel preferred
- Technical accounting skills
- Good analytical and numeracy skills
$64,300.00 - $107,100.00 per year
About IQVIAIQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide.
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