Finance Trainee Fresher's job

Job ID 68384BR

Job Purpose:
The Finance Analyst is expected to establish him/herself as a “co-pilot”, along with the Project Leader (PL), in steering a set of projects to their targeted financial goals (e.g. revenue, profitability, cash flow, etc.). As such, the FA acquires an understanding of the project economics and profitability drivers. Under supervision, he/she assists in translating them into operational actions, and proactively advising the PL on how to influence critical operational levers in order to positively impact project financials. The Finance Analyst is the "go-to" person for broader Finance understanding or insight into defined projects.

Key Accountabilities:
Accountability Supporting Activities
Analysis & Reporting Create accurate, transparent, and timely financial analysis to support project leadership in project decision making process; clearly articulate financial implications of business decisions / choices, and provide retrospective analysis as well as drive forward looking actions on simpler projects / contract types
Put steps in place with project teams to ensure pass-thrus are managed within project budgets, including appropriate to trigger change in scope as needed.
Metrics Maintain, produce and communicate a relevant and impactful set of project financial metrics designed to support evaluation of financial performance consistent with the project and contract types being managed. In partnership with PLs and project teams, prepare and conduct a monthly project review of performance, operational status, and outlook. The review will focus on revenue forecast, labor and margin, billing status, assumptions, special contract items.

Testing As required, complete all revenue control testing, SOX or audit related.

Competencies:
General Expectations
Technical Expectations
• Work hard to understand how CRO industry works, and how their role brings value to Parexel
• Become engrained into the Finance organization and learn how to be a part of a team
• Be proactive about learning and delivering to the expectations of the Manager
• Develops a sense of professionalism and how to be a member of the professional work environment
• Develops the skill set needed for the position
• Provides effective financial support
• Develop skills to meet and exceed expectations of Managers & Business Partners
• Works with Manager to build strength in analytical thought and work product
• Develops their time and work management skills
Communication & Partnering skills
Expected feedback from Tech & Finance leadership
• Begins building relationships with business partners
• Asks questions to clarify delivery expectation of end-user
• Learns how to effectively communicate within Finance and the broader organization

• Asks good questions
• Adapts well to the professional work environment
• Communication skills have developed nicely
• Developed ability to work independently


Skills:
· Prioritizes, sets expectations and works in an efficient and disciplined manner.
· Thrives in a complex, fast-paced, matrix environment
· Strong experience with Excel and PowerPoint applications; experience with financial performance systems (e.g., Hyperion)

· Ability to manage multiple and varied tasks with enthusiasm and prioritize workload with attention to detail
· Interpersonal skills
· Strong command of the English language, both written and verbal

Parexel is in the business of improving the world’s health. We do this by providing a suite of biopharmaceutical services that help clients across the globe transform scientific discoveries into new treatments. From clinical trials to regulatory, consulting, and market access, our therapeutic, technical, and functional ability is underpinned by a deep conviction in what we do.
Headquartered near Boston, Massachusetts and in Durham, North Carolina, and supporting clients in more than 100 countries, our almost 20,000 employees are united by one simple fact. We care. We’re not just the people with brains, we’re the people with heart.