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Sr. Financial Analyst

Covance 1/7/2019 6:45:04 AM
JOB ID: 26925 Category: Finance
Maidenhead, United Kingdom



Job Overview

Covance is currently seeking a Sr. Financial Analyst for their Maidenhead location. Responsibilities include:

* Loading project budget information into Cost Centre (revenue management software) system at the study outset and as changes in scope are agreed; and reconciling budgets on an ongoing basis.
* Supporting project team members with regard to time recording and the study scope.
* Overseeing the monthly completion of the Study Metrics by the Project Teams, defining the operational progress of the study, and ensuring accurate WIP (revenue) percentages are input into Cost Centre (budget management software) each month.
* Monitoring actual performance against budgeted tasks, so identifying efficiency deviation and potential ‘out of scope' activities. Discussion of these scope changes with the Project Manager and Senior Management, and the presentation of potential cost implications to the client, regarding both services and expenses.
* Maintaining the Out of Scope (OOS) Tracker on a live basis.
* Occasionally costing Contract Amendments for variations in scope from the original contract; and creating the Operational aspects of the Contract Amendment document to send to the client.
* Project budget reallocation based on actual distribution of sites and patients globally. This is done as a quarterly review via the Study Metrics
* Ensuring project revenue is correctly stated each month across all regions and departments, via WIP (revenue) Review Meetings in advance of each month-end Cost Centre (budget management software) lock.
* Providing revenue explanations to Senior Management each month, leading to proactive management for both project and departmental finances
* Projecting revenue backlog quarterly, and forecasting study revenue monthly.
* Initiating and approving service, unit cost and pass through invoices. Monitoring the project cash flow position and profitability, and reporting issues to Senior Management. The Project Analyst works with the Finance Department to obtain invoicing information.
* Reconciling service revenue and pass through costs on an ongoing basis and at the completion of the study. The Project Analyst works with the Finance Department to obtain invoicing information.
* Attending regular operational project team meetings, operational meetings with Department Heads, and monthly Project Management Review (PMR) & Global PMR (GPMR) meetings with Senior Management. Contributing financial insight regarding project operational issues.
* Dealing with ad hoc Project Specific Issues.
* Supporting development of department annual budgets, quarterly revenue forecasting, backlog reconciliation
* Preparing summary group finance reporting for management reference
* Support local financial auditor requests, and other information request from senior management, board of directors or external investors.

Education / Qualifications

3 to 5 years of Experience , project management Experience , ad hoc financial initiatives to support continuous improvement within the organization, a BS degree in a life science, and an Accounting Qualification (e.g. CIMA) or demonstrated accounting work Experience .


Good computer literacy with working knowledge of MS Excel, MS Word and Email applications Previous Project/Finance Analyst Experience , preferably within clinical research.

Position Type: Full-Time

Location: Maidenhead, UK - United Kingdom


Covance Recruiting Process

Below is a general Overview of Our Recruiting Process

If you’d like to work for us, please submit your resume/CV online. If your ability to use or access our electronic application is limited due to a disability, please visit or call 1-800-978-4473 for help.

We consider applications from everyone who is interested in a position with us and who meets the required criteria and qualifications.

If your application is selected, someone from our recruiting team will contact you to arrange an initial screen. We may carry this out over the phone or at a face-to-face meeting. You must complete the screen to be considered for the position.

Based on the results of the initial screen, we may invite you to an interview. One of our recruiting team members will contact you to arrange this. The process may involve several interviews, initially over the phone, and then face-to-face with different members of the hiring team.

Our interviews follow a behavioral-based format. This means we’ll ask you to give us information that’s specific to your professional and educational experiences.

Hiring team members will share and discuss their input and then make their decision.

If you’re the person who best meets the requirements of the position, a member of the hiring team will get in touch to make you an offer of employment. Covance is an eVerify employer (United States only).