Finance Trainee Job in Parexel International Corporation
Finance Trainee
Parexel International Corporation
4+ weeks ago
- Hyderabad, Telangana
- Not Disclosed
- Full-time
- Permanent
Job Summary
Job Purpose:
The Finance Analyst 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.). As such, the FA 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 Analyst is the "go-to" person for broader Finance understanding or insight into defined projects.
Key Accountabilities:
Accountability Supporting Activities
Analysis & Reporting 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
Put steps in place with project teams to ensure pass-thrus are managed within project budgets, including appropriate to trigger change in scope as needed.
Metrics Maintain, produce and communicate a relevant and impactful set of project financial metrics designed to support evaluation of financial performance consistent with the project and contract types being managed. In partnership with PLs and project teams, prepare and conduct a monthly project review of performance, operational status, and outlook. The review will focus on revenue forecast, labor and margin, billing status, assumptions, special contract items.
Testing As required, complete all revenue control testing, SOX or audit related.
Competencies:
General Expectations
Technical Expectations
Work hard to understand how CRO industry works, and how their role brings value to Parexel
Become engrained into the Finance organization and learn how to be a part of a team
Be proactive about learning and delivering to the expectations of the Manager
Develops a sense of professionalism and how to be a member of the professional work environment
Develops the skill set needed for the position
Provides effective financial support
Develop skills to meet and exceed expectations of Managers & Business Partners
Works with Manager to build strength in analytical thought and work product
Develops their time and work management skills
Communication & Partnering skills
Expected feedback from Tech & Finance leadership
Begins building relationships with business partners
Asks questions to clarify delivery expectation of end-user
Learns how to effectively communicate within Finance and the broader organization
Asks good questions
Adapts well to the professional work environment
Communication skills have developed nicely
Developed ability to work independently
Skills:
Prioritizes, sets expectations and works in an efficient and disciplined manner.
Thrives in a complex, fast-paced, matrix environment
Strong experience with Excel and PowerPoint applications; experience with financial performance systems (e.g., Hyperion)
Ability to manage multiple and varied tasks with enthusiasm and prioritize workload with attention to detail
Interpersonal skills
Strong command of the English language, both written and verbal
Job Purpose:
The Finance Analyst 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.). As such, the FA 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 Analyst is the "go-to" person for broader Finance understanding or insight into defined projects.
Key Accountabilities:
Accountability Supporting Activities
Analysis & Reporting 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
Put steps in place with project teams to ensure pass-thrus are managed within project budgets, including appropriate to trigger change in scope as needed.
Metrics Maintain, produce and communicate a relevant and impactful set of project financial metrics designed to support evaluation of financial performance consistent with the project and contract types being managed. In partnership with PLs and project teams, prepare and conduct a monthly project review of performance, operational status, and outlook. The review will focus on revenue forecast, labor and margin, billing status, assumptions, special contract items.
Testing As required, complete all revenue control testing, SOX or audit related.
Competencies:
General Expectations
Technical Expectations
Work hard to understand how CRO industry works, and how their role brings value to Parexel
Become engrained into the Finance organization and learn how to be a part of a team
Be proactive about learning and delivering to the expectations of the Manager
Develops a sense of professionalism and how to be a member of the professional work environment
Develops the skill set needed for the position
Provides effective financial support
Develop skills to meet and exceed expectations of Managers & Business Partners
Works with Manager to build strength in analytical thought and work product
Develops their time and work management skills
Communication & Partnering skills
Expected feedback from Tech & Finance leadership
Begins building relationships with business partners
Asks questions to clarify delivery expectation of end-user
Learns how to effectively communicate within Finance and the broader organization
Asks good questions
Adapts well to the professional work environment
Communication skills have developed nicely
Developed ability to work independently
Skills:
Prioritizes, sets expectations and works in an efficient and disciplined manner.
Thrives in a complex, fast-paced, matrix environment
Strong experience with Excel and PowerPoint applications; experience with financial performance systems (e.g., Hyperion)
Ability to manage multiple and varied tasks with enthusiasm and prioritize workload with attention to detail
Interpersonal skills
Strong command of the English language, both written and verbal
Qualifications
MBA Finance from premium Institute
Experience Required :
Fresher
Vacancy :
2 - 4 Hires
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