• Principal Finance Business Partner Jobs in Bangalore,India - 25319366

  • PAREXEL International Ltd
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

The Principal is expected to establish him/herself as a co-pilot, along with the Project Manager (PM), in steering a set of projects to their targeted financial goals (eg revenue, profitability, cash flow, etc) The Principal does this by applying a deep understanding of the project economics and profitability drivers, translating them into operational actions, and proactively advising the PM on how to influence critical operational levers to positively impact project financials As a Principal, the individual will operate as a leader across a portfolio, process area, or project team in a similar manner as a Manager The Principal Business Partner influences Parexel business growth and profitability through strategic financial leadership of defined projects, becomes known as the go-to person for broader Finance understanding or insight into defined projects and relevant project portfolios He/she interacts directly with project managers, helps set project and client strategy, supports project decision making, and guides Working independently, will also evaluate and support larger portfolio performance as well as proactively liaise to ensure remediation of any concerns related to customer and/or business units because of overall financial performance of projects and/or portfolio(s)
Relationships Reports To Manager CCS Strategic Finance
Directly Supervises Likely to supervise several PFAs or FBPs
Provides Work Direction to PFA, FBP, GFC
Works Closely with GFC, PMs, FLs, Commercial Finance
Key Accountabilities/Behaviors
Provide accurate, transparent, and timely financial and non-financial analysis to support project leadership in project and project portfolio decision making process; clearly articulate financial implications of business decisions / choices, and provide retrospective analysis as well as drive forward looking actions on complex project / contract types at both project and portfolio level
For complex projects and/or contract types, facilitate the monthly revenue cycle, including a review of units, forecast, unit prices, and revenue recognition Ensure appropriate supporting documentation is available and that the forecast is aligned with operational plans Complete all required variance analyses for the set of projects, with insight Take full responsibility for execution of financial processes and interpretation of monthly financial and business analysis for defined projects / portfolio Proactively identify risks in the project forecast and opportunities to improve revenue outlook Communicate, document and manage these on an ongoing message Outline alternative finance scenarios at both project and/or portfolio level with a high degree of technical knowledge, business acumen, best practice approach and minimal supervision at project and portfolio level
Leverage understanding of the business context to synthesize financial and operational data into meaningful business insights that highlight performance, risk, and opportunities at project and portfolio level Take steps to be embedded with project teams to understand operational steps, challenges, connections, financial implications On an ongoing basis, consult with PLs and functional leads on financial matters Provide financial expertise and guidance, improving the overall acumen of the project teams Function as the project controller / CFO
Provide updates on financial status for assigned projects and/or client portfolio and synthesizes initial aggregate results related to any client financial reporting needs in project reporting, forecasting, or transactional details for the projects within the portfolio Drive the delivery and quality of client specific deliverables at project and/or portfolio level
QualificationsEducation BA in Finance or Accounting, or relevant experience preferred
Minimum Work Experience Strong and progressive Finance roles with strong analytical and partnering track record
Language Skills Strong command of the English language, both written and verbal

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Healthcare, Biotechnology/Pharmaceutical/Medicine
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Other Accounting
Salary : As per Industry Standards
Deadline : 03rd Jun 2020

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