Senior Finance Business Partner Job in Parexel International Corporation
Senior Finance Business Partner
Parexel International Corporation
4+ weeks ago
- Hyderabad, Telangana
- Not Disclosed
- Full-time
- Permanent
Job Summary
The Sr Finance Business Partner is expected to establish him/herself as a co-pilot, along with the Service Line CFO, in steering a set of projects to their targeted financial goals (e.g. revenue, profitability, cash flow, etc.). The Sr 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 in order to positively impact project financials. The Finance Business Partner II in the Client Finance organization influences Parexel business growth and profitability through 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. He/she interacts directly with project and portfolio leaders, assist with project and client strategy, supports project decision making. The main success factors of this role include strong business acumen, understanding project operations and their implications for financial performance, and strong analytical and consulting skills. Finance Business Partners II are expected to build strong business relationships across all levels of the organization, drive tactical and support strategic decisions, and become a trusted advisor to a set of diverse and demanding business counterparts (Project Leaders, and Portfolio Directors). The Sr Finance Business Partner demonstrate competency in the overall financial management of complex projects and contract types. Demonstrate strong understanding of business and/or service lines across Parexel including services or products being provided within assigned projects and portfolio(s). Working independently, Sr FBP also evaluate and support larger portfolio performance.
Directly Supervises
Could supervise PFA or FBP on the functional side
Provides Work Direction to
PFA, FBP, GFC
Works Closely with
GFC, PLs, FLs, PFDs, Commercial Finance
Key Accountabilities/Behaviors:
Provide accurate, transparent, and timely financial analysis to support project and service line finance 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 simple to complex project / contract types. On an ongoing basis, consult with PLs and functional leads on financial matters. Function as the lead CTS&L project finance analyst. Provide updates on financial status for assigned projects and create information in response to any service line financial reporting needs for assigned projects in the area of project reporting, forecasting, or transactional details for the projects within the portfolio. 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. Challenge. Design and implement a mid-month and month end time review process for functional leads, that provides insight into project hours and activities, which will help ensure appropriate revenue recognition. Design and implement a month end revenue review process that ensure accurate revenue recognition in collaboration with PLs, FLs and project FBPs
Communication Skills
As Finance Business Partner, build rapport with and understand/address needs of project leadership
Proactively engage and challenge project leadership to achieve financial and business goals; work closely with them to meet financial goals and influence financially sound decision making
Mitigates risks between business goals and accounting principles and controls.
Partnering for Business Success
Advanced Excel and PowerPoint skills; experience with financial performance systems (e.g., Hyperion)
Interpersonal skills
Minimum 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
Directly Supervises
Could supervise PFA or FBP on the functional side
Provides Work Direction to
PFA, FBP, GFC
Works Closely with
GFC, PLs, FLs, PFDs, Commercial Finance
Key Accountabilities/Behaviors:
Provide accurate, transparent, and timely financial analysis to support project and service line finance 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 simple to complex project / contract types. On an ongoing basis, consult with PLs and functional leads on financial matters. Function as the lead CTS&L project finance analyst. Provide updates on financial status for assigned projects and create information in response to any service line financial reporting needs for assigned projects in the area of project reporting, forecasting, or transactional details for the projects within the portfolio. 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. Challenge. Design and implement a mid-month and month end time review process for functional leads, that provides insight into project hours and activities, which will help ensure appropriate revenue recognition. Design and implement a month end revenue review process that ensure accurate revenue recognition in collaboration with PLs, FLs and project FBPs
Communication Skills
As Finance Business Partner, build rapport with and understand/address needs of project leadership
Proactively engage and challenge project leadership to achieve financial and business goals; work closely with them to meet financial goals and influence financially sound decision making
Mitigates risks between business goals and accounting principles and controls.
Partnering for Business Success
Advanced Excel and PowerPoint skills; experience with financial performance systems (e.g., Hyperion)
Interpersonal skills
Qualifications
Education: BA in Finance or Accounting, or relevant experience preferred.Minimum 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
Experience Required :
Fresher
Vacancy :
2 - 4 Hires
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