Principal Financial Analyst

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November 3

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Precision For Medicine

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Biotechnology • Healthcare Insurance • Pharmaceuticals

Precision For Medicine is a leading organization that specializes in supporting the development and commercialization of innovative therapies, particularly in oncology, rare diseases, and autoimmune conditions. With a comprehensive range of services including clinical trial management, lab services, and biospecimen collection, they integrate advanced biomarker capabilities and manufacturing solutions to streamline the complex clinical development processes. Their mission is to accelerate research and bring life-changing medical solutions to patients by overcoming traditional inefficiencies typically found in the pharmaceutical development landscape.

1001 - 5000 employees

🧬 Biotechnology

⚕️ Healthcare Insurance

💊 Pharmaceuticals

💰 $75M Private Equity Round on 2015-12

📋 Description

• Lead project financials throughout the project lifecycle, ensuring adherence to financial best practices and project profitability goals. • Perform comprehensive portfolio analysis, leveraging data insights to optimize financial strategies. • Monitor accounts receivable and proactively address issues to ensure timely payments and optimal budget health. • Skillfully manage change orders, providing strategic guidance for effective financial impact assessment. • Financially contribute to work orders, change orders, and vendor agreements by reviewing financial language and negotiating with 3rd parties as applicable. • Play a pivotal role in revenue forecasting, utilizing financial models and data analysis for accurate projections. • Facilitate the preparation of the monthly invoicing cycle in conjunction with the Project Manager via the ERP System which is the source document for client invoicing and source of revenue recognition. • Collaborate with cross-functional teams to develop and implement financial strategies aligned with project goals. • Assist with special financial projects, including complex financial modeling and analysis. • Support financial audits, ensuring compliance and accuracy in financial reporting. • Work with the Accounting Team monthly in support of the financial close. • Represent the department in all areas of project finance, fostering collaboration and providing financial expertise. • Assigned the most complex global studies which require extensive financial preparation, leading client meetings, provide accruals, forecasting, etc. • Responsible for preparing and leading Sponsor, Vendor, and cross functional calls such as QBR’s, financial discussions and negotiation of financial contract language calls. • Management of the financial change order process for assigned studies including reviewing change orders financially for other financial analysts. • Contribute to the professional development of the team by training and mentoring other financial analysts. • Collaborate with others in Finance to support overall department goals and objectives. • Responds to inquiries from the CFO and VP, Operational Finance regarding financial results, special reporting requests and ad hoc analyses relating to projects. • Assist in the development and implementation of new procedures and features to enhance the workflow and internal controls

🎯 Requirements

• Degree in Accounting/Finance or related business field. • Minimum of 15 years of related experience with a degree; or 12 years and a master’s degree/post graduate degree or CPA/equivalent; or a PhD with 8 years’ experience or equivalent experience. • Working knowledge of all areas of the accounting cycle, project budgets, financial project management, project profitability, and financial contract review with the ability to connect the dots across the organization. • Experience in the CRO industry required. • 5%-10% travel as required to clients and/or offices.

🏖️ Benefits

• This role is also eligible for a discretionary annual bonus • Health insurance • Retirement savings benefits • Life insurance and disability benefits • Parental leave • Paid time off for sick leave and vacation