Project Analyst

at  WEP Clinical

Do you want to be a part of a team that gives hope to patients with rare and life-threatening diseases? Are you passionate about advancing healthcare through decentralised clinical trials? If so, we have an exciting opportunity for you! Our business is growing at WEP Clinical, and the career opportunities are endless. Join us and see the impact you can make!
Purpose of the Position:
The Revenue/Project Analyst will be responsible for working with our Project Management team to design and implement a new process for recording and tracking project performance. The Revenue/Project Analyst works closely with the project team to accurately record all financial data, including actuals, forecasts, PTC and cash position. The Revenue/Project Analyst is expected to be the Finance expert & contact to support the client. They will challenge teams where appropriate and escalate any concerns through the appropriate escalation channels.
Position Responsibilities:

Tasks may include but are not limited to:

• Designing and implementing a new project finance tracking process and training relevant teams, including designing a standardised project trackers
• Work closely with the PM team to standardise units of work definitions.
• Work with Project Management and functional leads to accurately record actual and forecasted units and corresponding value completed monthly.
• Work with Finance to ensure that invoices are raised within agreed timescales.
• Monitor the total project cash position, including services, PTCs, Grants, outstanding invoices, advances, etc.
• Ensure compliance with audit requirements and support the year-end and interim audit processes.
• Input into the Change Order (CO) process by accurately recording out-of-scope units and other input as required.
• Ensure accurate reporting to clients in agreed timescales and in line with client requirements.
• Prepare monthly financial reports for presentation to clients.
• Respond to client queries on time.
• Review monthly revenue variances and provide commentary.
• Review current processes and make suggestions for improvement.
• Support the implementation of a new ERP system.
• Work on projects and areas of speciality as agreed with Line Manager
• Support the wider Finance team.
• Stay up to date with local and global revenue regulations.
• Perform other duties as assigned. The duties and responsibilities above represent the nature and level of work assigned and are not necessarily all-inclusive.

Other Skills & abilities

• Ability to influence and challenge as required
• Understanding of the financial aspects of projects from Bid tool/Proposal to Project Close Out
• Understanding of ASC 606

Experience:

• Bachelors Degree
• Previous experience in a similar role and industry beneficial
• Previous experience in designing and improving processes
• Experience working in the CRO Industry would be highly advantageous.
• Expereince working with Global teams/projects.
• Effective communication skills
• Strong analytical skills
• Ability to build strong relationships both internally and externally
• Proficient in Excel, databases, and accounting system

• Designing and implementing a new project finance tracking process and training relevant teams, including designing a standardised project trackers
• Work closely with the PM team to standardise units of work definitions.
• Work with Project Management and functional leads to accurately record actual and forecasted units and corresponding value completed monthly.
• Work with Finance to ensure that invoices are raised within agreed timescales.
• Monitor the total project cash position, including services, PTCs, Grants, outstanding invoices, advances, etc.
• Ensure compliance with audit requirements and support the year-end and interim audit processes.
• Input into the Change Order (CO) process by accurately recording out-of-scope units and other input as required.
• Ensure accurate reporting to clients in agreed timescales and in line with client requirements.
• Prepare monthly financial reports for presentation to clients.
• Respond to client queries on time.
• Review monthly revenue variances and provide commentary.
• Review current processes and make suggestions for improvement.
• Support the implementation of a new ERP system.
• Work on projects and areas of speciality as agreed with Line Manager
• Support the wider Finance team.
• Stay up to date with local and global revenue regulations.
• Perform other duties as assigned. The duties and responsibilities above represent the nature and level of work assigned and are not necessarily all-inclusive