Project Finance Associate

Posted 2 Days Ago
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Thāne, Thane, Mahārāshtra
Entry level
Healthtech
The Role
The Project Finance Associate supports the financial management of projects, ensuring accurate data entry and compliance with financial policies. Key responsibilities include configuring project budgets, reconciling financial information, and monitoring compliance reports, ensuring effective financial tracking throughout the project lifecycle.
Summary Generated by Built In

Provide financial support, ensuring accurate configuration and maintenance of project financial data / activity within the Company's Project / Contract accounting and tracking system. Assist with the review and analysis of project financial activity to ensure adherence to identified internal control requirements and compliance with Company financial policies and procedures.

Essential Functions
• Coordinate loading of global project budgets to financial management system, including collection of non IQVIA International Pricing (QIP) supported budgets. Review / reconcile loaded project budgets to ensure accuracy against contracted values.
• Coordinate loading of payment schedule. Review / reconcile loaded project payment schedule to ensure accuracy against contracted values and compliance to negotiated contract terms.
• Confirm setup of the Project and Contract header information.
• Coordinate configuration of Project and Contract modules, including assignment of Rate Sets / Plans to Activities, configuration of Contract Lines and establishment of Billing / Revenue Limits.
• Review / monitor rate exception reports and coordinate resolution of rate issues in a timely manner with the Global Project Services Group.
• Ensure review and completion of Project Check-off list throughout the project lifecycle (Activation, Configuration and Close-out).
• Monitor monthly compliance reports, to ensure timely reporting of revenue and billing deliverables by Project Manager.
• Complete project close-out procedures and communicate Project Status Action to the Global Project Services Support Group.
• Perform project level unbilled/unearned reconciliations as required.
• Monitor Unbilled, Write-off Activity and Over the Limit exception reports and resolve/escalate unusual activity.
• Assist in the preparation of invoice backup requirements, and client reconciliation requests as required.
• Complete assigned Monthly and Quarterly Sarbanes Oxley reporting requirements.
• Assist with other special project reporting and analysis as required.
• Perform any other duties as assigned.

IQVIA 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. Learn more at https://jobs.iqvia.com

The Company
Bangalore, Karnataka
61,500 Employees
On-site Workplace
Year Founded: 2016

What We Do

IQVIA (NYSE:IQV) is a leading global provider of advanced analytics, technology solutions, and clinical research services to the life sciences industry. IQVIA creates intelligent connections across all aspects of healthcare through its analytics, transformative technology, big data resources and extensive domain expertise. IQVIA Connected Intelligence™ delivers powerful insights with speed and agility — enabling customers to accelerate the clinical development and commercialization of innovative medical treatments that improve healthcare outcomes for patients. With approximately 70,000 employees, IQVIA conducts operations in more than 100 countries. To learn more, visit www.iqvia.com.

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