Project Finance Assistant

Title - Project Finance Asst 1
PURPOSE 
The primary purpose of the role is to manage the O2C activities for a portfolio of projects 

REPORTS TO
Associate Manager or Manager - Project Finance

Grade
120 (3rd from entry level)

Work Experience
2 to 4 years in any area of finance & accounting for post graduates
4 to 6 years in any area of finance & accounting for graduates

Education
Graduate or Post Graduate in commerce, economics, accounting, management or allied areas. Education in accounting is mandatory.

RESPONSIBILITIES 
•    Supporting internal stakeholders within IQVIA. Stakeholders include:
o    Account management teams
o    Project Operations teams represented by the Project Leader
o    Project Finance Global Leadership
o    Business Finance
o    Local Country Finance
•    Working in enterprise ERP (PeopleSoft) on the following:
o    Project and activity set up
o    Maintaining customer contracts & project budgets
o    Maintaining rate sets
o    Maintaining revenue plans
o    Maintaining billing plans
o    Maintaining milestones
o    Maintaining other project and contract data
o    Maintaining payment schedules
o    Maintaining pass through expense forecast
•    Assisting project teams and finance teams in monthly revenue and backlog accounting. Guiding project teams towards solutions.
o    Analysing monthly project revenue & backlog and identifying/ correcting exceptions
o    Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts,  contribution margin/ realization/ EBITDA
•    Supporting the management team with executing compliance related tasks
•    Providing relevant project level reporting and reconciliations
•    Managing ad-hoc tasks

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES 
•    Ability to establish and maintain effective working relationships with co-workers, managers and other stakeholders
•    Ability to work in a multicultural transnational environment
•    Ability to adhere to work instructions as provided by the Line Manager
•    Good knowledge of statutory and management accounting
•    Will need to clear thresholds defined by IQVIA in computer based assessment on Numerical Ability, Logical Ability & English 
•    Strong communication skills – written and verbal
•    Willingness to work in shifts
•    Willing to work in a flexible & challenging environment
•    Willingness to exhibit strong work ethics, accountability & discipline
•    Skills for working in advanced MS Excel are desirable
•    Skills for working in PeopleSoft PA module are desirable

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