Posted on :
26 Aug, 2010
26 Aug, 2010
PAREXEL operates in 71 locations throughout 54 countries around the world, and has over 9,500 employees.
We are a leading global bio/pharmaceutical services organization that helps clients expedite time-to-market through our development and launch services. These include a broad range of clinical development capabilities, integrated advanced technologies, regulatory affairs consulting, and commercialization services. Parexel South Africa recruits Financial Analyst II
The Financial Analyst supports the financial analysis of Operational Management, including analysis of actual cost, preparation of monthly revenue recognition and project analysis.
-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
-Supports the Functional Operations Leader(s) in reporting and analysis of functional department results
-Provides project reconciliation and co-ordination of closure
-Continuously improves upon skills with all PAREXEL 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
Minimum Work Experience
-Proven experience with increasing responsibility. Experience with accounting information systems (Oracle Financials / Hyperion / Essbase experience preferred).
Click here to Search, view and apply for this Position: http://www.parexel.com/careers/opportunities/