Associate Financial Analyst

Company: The Healthcare Consultancy Group
Location: New York
Posted on: May 17, 2022

Job Description:

The Healthcare Consultancy Group (HCG) is a Global Leader in the provision of scientific strategy and medical communications services for pharmaceutical and biotech companies. The HCG Finance Team provides world class support services to the several entities and 600+ employees that comprise the group. If you are driven, work with high self-expectations, have exceptional communication skills and are inherently orientated towards a customer service mentality, then you may be a candidate to join the Team. What You Will Do:

• Review and analyze project spending on an ongoing basis through project life cycle - identify areas of risk and budget deviations.
• Review time and expenses for projects to identify mis-codings and errors
• Prepare ad-hoc reports along with bimonthly project management reports for client service teams and clients
• Review detailed project reports and prepare invoice information based on client billing terms; provide billing with data to generate and distribute client invoices
• Review revenue recognition
• Review contracts and ensure billings are in accordance with the terms
• Assist in Quarterly Sarbanes-Oxley audits of internal financial processes
• Prepare monthly and quarterly client reconciliation and spend reporting as per client contracts
• Prepare monthly internal reporting package and revenue forecast reports Team and Client Relations
  • Serve as liaison between Client Services team and the finance department
  • Participate and lead in regular finance and client team meetings. Ensure they are scheduled timely
  • Follow up with Client Services teams on project profitability, develop and implement remedial solutions
  • Review vendor invoices for proper project coding
  • Prepare client invoices and answer client questions regarding projects
  • Prepare client requested reports with accuracy and adherence to client guidelines Fiscal Responsibility
    • Identify risks associated with projects, contract approvals, budget to actual spending variances and other client accounting-related issues. Understand the nature of projects to manage the risk and review with the finance director/CFO/controller
    • Prepare and analyze monthly revenue report for Finance Director/CFO/Controller
    • Review unbilled balances and ensure billings are managed with cash flow and review monthly with Finance Director
    • Assist with month end close procedures, project close out entries
    • Support ad hoc projects and research needs -Other duties as assigned- Qualifications and Key Skill Sets for Position
      • Recent College Graduates with Bachelor's degrees in Finance/Accounting degrees will be considered
      • 0-2 years of experience in an equivalent role
      • Proactive fiscal acumen
      • Must have a high degree of accuracy and be detail-oriented
      • Excellent organizational skills
      • Ability to multi-task
      • Ability to prioritize and meet deadlines
      • Ability to work independently with minimal supervision and ensure reports are accurate
      • Excellent written and verbal communication skills are a must
      • Computer proficiency in Excel (pivot tables, formulas), Word and Outlook a must Benefits We Offer
        • Comprehensive medical, vision and dental enrollment options
        • Stock purchase/401K investment options
        • Leadership training opportunity through Omnicom University led by international influencers and Harvard Business School professors
        • Promotion and growth opportunities The companies within the Healthcare Consultancy Group are Equal Opportunity Employers. All applicants will be considered without regard to race, color, religion, sex, age, national origin, citizenship status, sexual orientation, disability, veteran status or any category or class of person protected by law.

Keywords: The Healthcare Consultancy Group, New York , Associate Financial Analyst, Professions , New York, New York