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Project Finance Analyst
Project Finance Analyst
About the Role ProPharma Group, with 25 years of expertise, empowers biotech, medical device, and pharmaceutical organizations to advance scientific breakthroughs while enhancing patient health and wellness. Through our advise-build-operate model, we deliver fully customizable consulting solutions across the entire product lifecycle, covering regulatory sciences, clinical research, quality & compliance, pharmacovigilance, medical information, and R&D technology. We de-risk and accelerate high-profile drug and device programs.
In this role, the Project Finance Analyst will collaborate with the internal team to provide financial support, ensuring maximized project profitability and cash flow.
Responsibilities
- End-to-end project financial administration: Manage the lifecycle from startup, maintenance, and closeout, ensuring compliance with the contract budget
- Project and contract module coordination (including assignment of rate sets/plans to activities, billing/revenue lines)
- Financial status monitoring: Compare actual results with plans and forecasts to identify financial trends
- Month-End Close process: Ensure accuracy and compliance for Revenue, Margins, & Accounts Receivable (AR) goals
- Financial partnership with Project Manager(s): Proactively support projects for optimum financial outcomes
- Budget analysis and variance reporting: Recommend actions based on financial trends and use monitoring
- Study time report management: Verify and validate timesheet entries with project teams
- Resource allocation: Coordinate with teams to assign members to projects
- Compliance reporting: Provide timely revenue and billing updates
- Invoice management: Monthly submission for all ProPharma projects
- Internal and customer reporting: Include spend forecasts, project actuals, and cash flow analyses
- Invoice reconciliation & backup prep: Support client requests as needed
- Utilization & trend tracking: Escalate concerns on financial & contract limits
- Additional duties: Ad-hoc support for Business Operations
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Requirements
Skills & Abilities:
- Attention to detail
- Fast learner with growth mindset for dynamic environments
- Strong communication skills
- Invoice creation & submission experience
- Intermediate Microsoft Excel (VLookups, Pivot Tables, Pivot Charts)
- Basic accounting knowledge
- Familiarity with clinical research or consulting preferred
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Educational Requirements:
- Degree in Business Management, Life Science, or related field
Experience Requirements:
- At least 2 years in Project Finance at a Contract Research Organization (CRO)
With Diversity, Equity, and Inclusion as a core value, ProPharma fosters an inclusive workplace where all talents thrive. Success starts with feeling empowered, willing, and able to contribute authentically.
Compensation & Location:
- ProPharma supports remote work but promotes hybrid on-site collaboration for team members within commuting distance of offices. Flexibility is determined on a case-by-case basis.
Notice: ProPharma does not accept unsolicited resumes from recruiters—no calls or emails from third parties allowed.
Interested in future opportunities? Join the ProPharma Talent Community to stay connected and receive job alerts for open roles! For yet unlisted positions, apply through the ProPharma Jobs Hub in Workday (current colleagues only).
Important Security Reminder: ProPharma never requests bank/financial details via application. Any email with a @yahoo.com/@gmail.com address is not legit—abandon such requests immediately!
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