Senior Financial Accountant
- Chennai
- Accounting & Finance
- ICON Full Service & Corporate Support
- Office Based
About the role
Senior Financial Accountant, Chennai
ICON plc is a world-leading healthcare intelligence and clinical research organization. We’re proud to foster an inclusive environment driving innovation and excellence, and we welcome you to join us on our mission to shape the future of clinical development.
We are currently seeking a Senior Financial Accountant to join our diverse and dynamic team. The 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.
What You Will Be Doing:
- 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, analyzing and documenting technical accounting and presentation matters
Your Profile::
- 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.
- Completed Bachelor’s degree or its international equivalent
- Qualified or Semi-Qualified Professional Accountancy Qualification (CPA/ CWA/CA/ CMA)
- 3 + years of Post Qualification Experience
What ICON can offer you:
Our success depends on the quality of our people. That’s why we’ve made it a priority to build a diverse culture that rewards high performance and nurtures talent.
In addition to your competitive salary, ICON offers a range of additional benefits. Our benefits are designed to be competitive within each country and are focused on well-being and work life balance opportunities for you and your family.
Our benefits examples include:
- Various annual leave entitlements
- A range of health insurance offerings to suit you and your family’s needs.
- Competitive retirement planning offerings to maximize savings and plan with confidence for the years ahead.
- Global Employee Assistance Programme, LifeWorks, offering 24-hour access to a global network of over 80,000 independent specialized professionals who are there to support you and your family’s well-being.
- Life assurance
- Flexible country-specific optional benefits, including childcare vouchers, bike purchase schemes, discounted gym memberships, subsidized travel passes, health assessments, among others.
Visit our careers site to read more about the benefits ICON offers.
At ICON, diversity, inclusion & belonging are fundamental to our culture and values. Our rich diversity makes us more innovative which helps us better serve our people, patients, customers, and our communities. We're proud of our diverse workforce and the work we’ve done to become a more inclusive organisation. We’re dedicated to providing an inclusive and accessible environment for all candidates. ICON 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 or submit a request here
Interested in the role, but unsure if you meet all of the requirements? We would encourage you to apply regardless – there’s every chance you’re exactly what we’re looking for here at ICON whether it is for this or other roles.
Are you a current ICON Employee? Please click here to apply
Impactful work. Meaningful careers. Quality rewards.
At ICON, our employees are our greatest strength. That’s why we are committed to empowering you to live your best life, both inside and outside of work. Whether your ambition is lead a global team, become a deep scientific or technical expert, work in-house with our customers or gain experience in a variety of different ICON functions, we will support you in realising your full potential. See all locations Learn more about Our Culture at ICON
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