Address As a leading global contract research organization (CRO) with a passion for scientific rigor and decades of clinical development experience, Fortrea provides pharmaceutical, biotechnology, and medical device customers a wide range of clinical development, patient access and technology solutions across more than 20 therapeutic areas. With over 19,000 staff conducting operations in more than 90 countries, Fortrea is transforming drug and device development for partners and patients across the globe.
Your main duties will include but not be restricted to:
- Review ongoing project to ensure budgets are loaded in BI data warehouse.
- Evaluates progress to date for all ongoing projects.
- Highlight projects with potential change orders.
- Monitor the overall progress to change orders in total to ensure an effective process, note gaps/best practices for potential escalation.
- Support revenue recognition process.
- Provides PM with financial data for project reviews.
- Attends and participates in project reviews.
- Manage the weekly missing timesheet monitoring process.
- Provides ad hoc project performance-to-plan reporting.
- Project profitability reporting/analysis (by client, by study type, by site, etc.).
- Participates in process improvements around performance monitoring, metrics, etc.
- Reviews and analyzes cost-to-complete data: provides feedback to PM to improve forecasting accuracy.
- Provide updates to risk registers as appropriate.
- Understands the root cause of each project's billed or unbilled position.
- Understands the revenue implications for the billed or unbilled position.
- Develops a thorough understanding of each projects' contract in collaboration with the PM, including assumptions, payment schedules, penalty or bonus language, etc.
- Ensures project financial expectations are met in collaboration with PM during the close-out process.
- Responsible for financial training of operational team as required.
Education
- Associate Degree in Business, Mathematics, or Science related field.
Experience
- 4 to 5 years’ previous experience in CRO/pharma/biotechnology industry.
- Understanding of clinical development and project management.
- Solid communication skills including ability to summarize information into succinct executive summary formats.
- Effective computer skills, particularly the ability to handle large data files.
- Proficiency in Microsoft Office suite, specifically Excel, PowerPoint, MS Project.
- 2 years’ previous experience in budget management of resource planning / pricing preferred.
Fortrea is actively seeking motivated problem-solvers and creative thinkers who share our passion for overcoming barriers in clinical trials. Our unwavering commitment is to revolutionize the development process, ensuring the swift delivery of life-changing ideas and therapies to patients in need. Join our exceptional team and embrace a collaborative workspace where personal growth is nurtured, enabling you to make a meaningful global impact. For more information about Fortrea, visit www.fortrea.com.
Fortrea is proud to be an Equal Opportunity Employer:
As an EOE/AA employer, Fortrea strives for diversity and inclusion in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. We encourage all to apply.
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