Finance Business Partner

Parexel Durham, NC
PAREXEL has an interesting opportunity for someone with a financial analyst and/or accounting background to join our world-class finance team in our Project Finance Excellence group. The Project Finance Business Partner 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.).

The Project Finance Business Partner 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 Business Partner/Projects is the "go-to" person for broader Finance understanding or insight into defined projects. He/She interacts directly with project leaders, helps set project strategy, supports project decision making, and guides future project decisions on the basis of their impact on project financial performance.

Key Accountabilities:

* 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

* For less complex projects facilitate the monthly revenue cycle and support project analysis requirements, 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. Identify risks in the project forecast and opportunities to improve revenue outlook. Communicate, document and manage these on an ongoing message. Understand alternative finance scenarios within a project with a degree of technical knowledge and business acumen.

* Provide updates on financial status for assigned projects and create information in response to any client financial reporting needs for assigned projects in the area of project reporting, forecasting, or transactional details for the projects within the portfolio.

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