Project Finance Trainee

Title -

PURPOSE

The primary purpose of the role is to manage the O2C activities for a portfolio of projects

REPORTS TO

Associate Manager or Manager - Project Finance

Grade

110

Work Experience

None for post graduates

Around 2 years in any area of finance & accounting for graduates

Education

Graduate or Post Graduate in commerce, economics, accounting, management or allied areas. Education in accounting is mandatory.

RESPONSIBILITIES

• The role is an entry level role where the person is expected to get trained initially and then take up work responsibilities progressively on the activities listed below.
• Assisting Line Manager in supporting internal stakeholders within IQVIA. Stakeholders include:
  • Account management teams
  • Project Operations teams represented by the Project Leader
  • Project Finance Global Leadership
  • Business Finance
  • Local Country Finance
• Working in enterprise ERP (PeopleSoft) on the following:
  • Project and activity set up
  • Maintaining customer contracts & project budgets
  • Maintaining rate sets
  • Maintaining revenue plans
  • Maintaining billing plans
  • Maintaining milestones
  • Maintaining other project and contract data
  • Maintaining payment schedules
  • Maintaining pass through expense forecast
• Assisting project teams and finance teams in monthly revenue and backlog accounting. Guiding project teams towards solutions.
  • Analysing monthly project revenue & backlog and identifying/ correcting exceptions
  • Highlighting deviations in key project performance metrics – backlog variance, write-offs, over the limit revenue, unbilled amounts, contribution margin/ realization/ EBITDA
• Completing mandated compliance related tasks
• Providing relevant project level reporting and reconciliations

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

• Ability to establish and maintain effective working relationships with co-workers, managers and other stakeholders.
• Ability to work in a multicultural transnational environment.
• Ability to adhere to work instructions as provided by the Line Manager
• Good knowledge of statutory and management accounting
• Will need to clear thresholds defined by IQVIA in computer-based assessment on Numerical Ability, Logical Ability & English
• Strong communication skills – written and verbal.
• Willingness to work in shifts.
• Willing to work in a flexible & challenging environment.
• Willingness to exhibit strong work ethics, accountability & discipline.
• Skills for working in MS Excel are desirable.