Senior Financial Accountant

ICON Public Limited Corporation

Office Based, Chennai

ICON plc is a world-leading healthcare intelligence and clinical research organisation. From molecule to medicine, we advance clinical research providing outsourced services to pharmaceutical, biotechnology, medical device and government and public health organisations.

With our patients at the centre of all that we do, we help to accelerate the development of drugs and devices that save lives and improve quality of life.

Our people are our greatest strength, are at the core of our culture, and the driving force behind our success. ICON people have a mission to succeed and a passion that ensures what we do, we do well.

SummaryThe Project Finance Analysis group is the departmental financial analysis function of ICON. The department role is to provide independent, objective financial and consulting services designed to add value, direction and leadership to assist the business in attaining success. 

The group plays an integral part in enabling ICON to accomplish its objectives by bringing a global, systematic, disciplined approach to evaluating finances and strategy. This person is also responsible for Driving Revenue growth, Revenue Forecasting, Project Margin and external report for assigned portfolio. 

People Leadership

  • Support PFA team with high quality delivery and focusing on centre of excellence.
  • Change/enhancement of PFA process and procedures including documentation
  • Supporting financial analysis for Client contracts/change orders/change notes forms etc.
  • Monthly reporting packs by sponsor and depoartment for Rev, billing and cash collection.
  • 100% accuracy on reports from your team with timely deliverables.
  • Embed and develop Own It @ ICON Culture and the ICON four Values

Project Ownership

  • Ownership of Study E2E – Understand the health of the study by analysing the financial and operational metrics such as FTE over burn or buffer, Invoicing, potential billing opportunity, financial KPIs – discussion with Project Manager if any adverse metrics will be accommodated by Sponsor in upcoming Change Order if any and reporting the same to Vice President of the study – to help in decision making and in total to comprehend the viability of study
  • External Reporting to Sponsor –Monthly and quarterly reporting involving Ownership of sponsor level MIS including Fee – budgeted and forecasted, pass through expenses, Units achieved, milestone reached and Invoiced, Out of scope activities rendered to ensure potential invoicing is not missed and any additional ad hoc MIS reports to assist decision making by liaising with operational team and Project Manager
  • Demonstrate leadership, teamwork, energy, responsiveness, decision-making, and effectiveness.
  • To assist the Supervisor, Manager of Finance (MOF) or Director of Finance (DOF) in ensuring that timely and accurate reports are prepared, and that our Work Orders are monitored so that our revenue, work performed and forecasts are objectively tracked and managed, in order for the company to meet established goals and objectives.
  • Develop, prepare and Maintain Monthly, quarterly, annual and study lifetime Revenue financial forecasts and budget reconciliations for the business unit.
  • Analyse business unit Monthly / Quarterly financial results and key Performance indicators. Prepare monthly Business unit reporting packages with insightful commentary and analysis.
  • Identification of key Revenue and Margin drivers within the portfolio.
  • Build strong working relationships with the Project Management group and other internal stakeholders.
  • Support the pre close review of Revenue to ensure accuracy of reporting.
  • Support the preparation of ad-hoc management presentations.
  • As a member of staff, the employee is expected to embrace and contribute to our culture of process improvement with a focus on streamlining our processes, adding value to our business and meeting client needs.
  • Be accountable for complex accounting issues resolution process, including identifying, tracking, researching, analysing and documenting technical accounting and presentation matters

Experience, Skills & Knowledge Requirement:

  • Minimum 5 years of experience in shared service operations (including 2 years PQE)
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Demonstrate ability to interpret data (analytical skills) and convert between formats.
  • Numerate with financial understanding.
  • Having exposure in Project Revenue Business.
  • Excellent working knowledge of MS office package, in particular Excel.
  • Prior experience in Oracle Financial systems, Hyperion, Alteryx, Power BI etc. is an advantage.
  • Excellent communication (written and oral) and influencing skills.
  • Desire to continue their financial education (CA, CPA, CMA, MBA or other relevant financial education)
  • Experience in Financial Analysis and planning Preferred.

Educational Requirements:

  • Completed Bachelor’s degree or its international equivalent
  • Qualified or Semi-Qualified Professional Accountancy Qualification (CPA/ CWA/CA/ CMA)
  • 5 + years of Post Qualification Experience
  • US GAAP Experience an advantage

Benefits of Working in ICON:

Our success depends on the knowledge, capabilities and quality of our people. That’s why we are committed to developing our employees in a continuous learning culture – one where we challenge you with engaging work and where every experience adds to your professional development.At ICON, our focus is to provide you with a comprehensive and competitive total reward package that comprises, not only an excellent level of base pay, but also a wide range of variable pay and recognition programs.  In addition, our best in class employee benefits, supportive policies and wellbeing initiatives are tailored to support you and your family at all stages of your career - both now, and into the future.

ICON, including subsidiaries, is an equal opportunity and inclusive employer and is committed to providing a workplace free of discrimination and harassment. All qualified applicants will receive equal consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please let us know through the form below.

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Job posted: 1970-01-01

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