Skip to main content

This job has expired

Principal Finance Business Partner

Employer
Parexel
Location
Uxbridge, United Kingdom
Salary
Competitive
Start date
21 Mar 2019
Closing date
20 Apr 2019

View more

Discipline
Finance / Administration, Finance
Hours
Full Time
Contract Type
Permanent
Experience Level
Experienced (non-manager)

Job Details


The Principal 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 Principal FBP does this by applying a deep understanding of the project economics and profitability drivers, translating them into operational actions, and proactively advising the PL 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.

This is an office-based role, in either our Dublin or Uxbridge offices.

Key Accountabilities:
  • 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.
  • 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. 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.
  • As required, complete all revenue control testing, SOX or audit related.
  • For complex projects, actively monitor the balance sheet positions of projects within the portfolio. Lead action as needed with project teams to keep balances current, improving DSO and cash flow.
  • Identify and create new metrics while maintaining a relevant and impactful set of project financial and operational metrics designed to support evaluation of overall project performance consistent with the project and contract types being managed.
  • Drive process and system improvement opportunities by leading in change initiatives at project and/or portfolio level.
  • Play a key role in initiating, building, and reviewing change in scope activity on assigned projects. Work with the project teams on an appropriate budget for the scope of work. Maintain/update complex project and program budgets within relevant tools from post-award onwards including analysis and action on any subsequent changes in scope.
  • Mentor and/or train Finance Business Partners, providing peer-to-peer support related to successful business partnering with the business.


Qualifications

Skills:
  • Thrives in a complex, fast-paced and potentially ambiguous environment.
  • Works effectively in a matrix environment.
  • Expert in Excel and PowerPoint applications
  • Advanced skills in financial performance systems (e.g., Hyperion).
  • Passion to succeed, demonstrated problem solving skills, and professionalism.


Leadership Competencies:
  • Global Execution.
  • Customer Focused Leadership.
  • Change Leadership.
  • Strategic Business Thinking.
  • Influencing & Leading Teams.
  • Talent Development.


Education:
  • BA in Finance or Accounting, or relevant experience preferred.


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.

Company

Parexel International Corporation is a leading global biopharmaceutical services organization, providing a broad range of knowledge-based contract research, consulting, and medical communications services to the worldwide pharmaceutical, biotechnology and medical device industries. Committed to providing solutions that expedite time-to-market and peak-market penetration, Parexel has developed significant expertise across the development and commercialization continuum, from drug development and regulatory consulting to clinical pharmacology, clinical trials management, medical education and reimbursement. Parexel Informatics, Inc., a subsidiary of Parexel, provides advanced technology solutions, including medical imaging, to facilitate the clinical development process.

 

Mission: Parexel’s mission is to combine the strength of our expertise, experience and innovation to advance the worldwide success of the bio/pharmaceutical and medical device industries in preventing and curing disease.

 

Company info
Website
Telephone
+44 1895 238000
Location
The Quays
101-105 Oxford Road
Uxbridge
Middx
UB8 1LZ
GB

Get job alerts

Create a job alert and receive personalised job recommendations straight to your inbox.

Create alert