Project Finance Analyst - Shanghai
About this role
The Project Finance Analyst is responsible for ensuring excellence in financial management and controls across assigned their assigned projects and portfolio. These are individual contributor roles working closely with Project Managers to manage project profitability, realisation, client reporting and systems support/maintenance.
- Ensure revenue recognition and forecasting support is provided throughout the lifecycle of all projects within assigned portfolios.
- Provide business partnering analysis on realization, profitability, budgets & forecasts on assigned projects. Support Project Managers to identify and develop plans to resolve areas of poor financial performance. Ensure financial excellence targets are met on all assigned projects- realization, profitability, maintenance of deferred revenue balance where appropriate.
- Liaise with Project Management personnel offering timely advice, support and resolution to issues and omissions in month end financial process. Provide insight to senior management on project movements compared to forecast and contract on assigned projects.
- Manage the month end processes on assigned projects as they relate to revenue and forecast management, and project performance.
- Oversee project finance close out activities; complete final budget reconciliation in collaboration with PM and other stakeholders, including client, sites and third-party vendors. Ensure compliance with any contracted project finance requirements for completed projects.
- Develop strong relationships with our customers, ensuring timely response to client queries and reporting requests.
- Oversee Project Finance responsibilities with respect to client contracting. E.g. milestone schedule development, payment terms, upfront fee negotiation.
- Ensure the timely and accurate set up of projects within the ERP and timely handover to Project Management.
- Contribute to process improvement initiatives within the Project Finance group.
- Graduate in a finance, clinical or life sciences related field. Relevant experience/qualifications in allied professions may also be considered. At least two years’ experience within the pharmaceutical/CRO industry or related field.
- Strong financial acumen with a desire to drive business performance and accountability.
- Must have high level of proficiency in Microsoft office, specifically advanced Excel skills. Experience with Salesforce / Certinia ERP ecosystem.
Novotech is a global full-service clinical Contract Research Organization (CRO).
At Novotech, ambition meets opportunity. As a globally recognized leader in clinical research and scientific advisory services, we are proud to combine our position at the forefront of the industry with an award-winning workplace culture that values ambition, innovation, and growth. Named Employer of Choice, Great Place to Work and Employer of Choice for Gender Equality (EOCGE), we are committed to fostering an environment that reflects the life-changing work we do.
Since 1997, we have expanded our global footprint, now with 30+ offices across Asia-Pacific, the United States, and Europe. This growing network unites professionals from diverse backgrounds and disciplines to advance therapies that improve patient outcomes worldwide.
At Novotech, our employees are at the heart of our success. By offering trust, flexibility, and autonomy through programs like NovoLife, our flexible benefits framework, we empower team members to create an effective work-life balance that delivers professional satisfaction and maximum results for clients.
With access to mentorship opportunities, professional development programs, and a dynamic community, Novotech offers a platform for driven individuals to achieve personal growth while shaping the future of healthcare. Join us to be a part of a team that values your contributions and supports your ambition to make a global impact.
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