Project Financial Analyst - Healthcare

JOB DESCRIPTION

Job Title - Project Financial Analyst (PFA)

Base Location – Hyderabad

Experience – 2 Years to 7 Years

The Project Financial Analyst (PFA) provides financial analysis for assigned segment of business operations management. Based on the assigned segment, this will include analysis of actual cost, preparation of monthly revenue recognition, forecast or budget, variance, project and other ad hoc analysis.

S/he may also scrutinize financial data and compare to operational metrics and targets to ensure integrity of data.

Relationships Reports To Manager,

Works Closely with Operational and Financial Management including such people as project leaders, business operations, Accounts Receivable and Billing, PFSS team etc.

Key Accountabilities

- Identifies trends impacting revenue recognition and profitability (forecast amounts, EUAC vs. Budgeted Units impact, Earned vs. Actual revenues for all URR studies, net pass through review, labour / forecast mismatches, etc.)

- Ensures appropriate revenue recognition (SAB104 compliant) is performed

- Maintains compliance with respect to SAB104 and Sarbanes-Oxley (i.e., perform monthly audits of contract values, project-to-date revenue, contract status, units completed to date, etc.

- Provides analysis and reporting on actual project performance metrics versus budget and forecast and suggesting corrective action to improve efficiency and financial performance

- Provides Project Profitability - Revenue Forecasting (Project Level)

- Provides Backlog Analysis - Billed, Unbilled/Deferred A/R - Audit Support

- Provides project reconciliation and co-ordination of closure

- Prepares accruals

- Continuously improves upon skills with all financial applications (PA, Oracle, Hyperion, etc.) and related reporting tools (ADI, Business Objects, Excel, Project Portal, etc.) in the interest of departmental cross-training and system skills development

- Assists in the preparation of financial reports and analysis as requested

- Assists Project Managers/Sr Mgt provide input in periodic presentations to Senior Management concerning project financial results and resources

- Assist in quarterly and year end audits where requested

- Prepares spreadsheets and other tools used in the monthly close process.

- Maintain a positive, results orientated work environment, building partnerships and modeling teamwork, communicating to the team in an open, balanced and objective manner

Job Qualifications Skills

- Strong knowledge of financial reporting concepts (GAAP accounting principles) as applied in a corporate reporting environment.

- Ability to interpret information, recognize needs of the business, and translate data into actionable analysis.

- Demonstrated attention to detail

- Well-experienced with Microsoft suite of products (Excel, Access, PowerPoint, Outlook)

- Strong analytical and problem-solving skills

- Good financial modeling skills

- Ability to organize, meet strict deadlines and work both independently and as part of a team

- Has the ability and confidence to get into the detail of the systems to a transactional level to find the cause of an issue, to understand that detail and the cause - and to solve it".

- Team player with strong interpersonal , influencing, organization and managing across cultures skills

- Experience with accounting information systems (Oracle Financials / Hyperion / Essbase experience preferred).

- Excellent interpersonal, verbal and written communication skills

- Client focused approach to work

- A flexible attitude with respect to work assignments and new learning Education

Bachelors Degree required. This should be in Accounting, Finance, Business if no or limited finance work experience Language Skills

- Must speak and write English fluently Minimum Work Experience

- Proven experience with increasing responsibility

Additional Points:

Areas where resource can gain exposure

- Project management

- Financial Planning

- Financial Analysis

- Profitability / Controls

- Revenue recognition – Mandatory ***

- Revenue/forecasting/billing experience

Contact - hemanth@prodigyconsulting.net