Financial Analyst

Job Description

GENERAL SUMMARY

The Financial Analyst leads project billing, revenue recognition, and project-level financial analysis. This role will ensure accurate project accounting, monitor financial performance, and provide actionable insights to optimize profitability. This role requires strong collaboration with project managers, study directors, the accounting team, and senior leadership to drive financial discipline and compliance across projects. This role requires an honest, highly analytical, and detail-oriented individual who must be a fast learner and self-motivated.

MAJOR RESPONSIBILITIES

Project Billing & Revenue Recognition

Lead the end-to-end project billing process, ensuring timely and accurate invoicing in compliance with contract terms.

Review project contracts to determine billing schedules, revenue recognition (ASC 606), and cost accruals.

Collaborate with project managers or study directors to validate billable hours, expenses, and deliverables.

Resolve billing discrepancies and address client inquiries related to invoices.

Financial Analysis & Reporting

Conduct project-level P&L analysis, tracking actuals vs. budget/forecast, and identifying variances.

Prepare monthly/quarterly financial reports for leadership, highlighting project performance, margins, and risks.

Develop financial models to assess project profitability, resource utilization, and cost efficiency.

Support forecasting and budgeting processes by providing project-level financial insights.

Process Improvement & Compliance

Streamline billing and financial reporting processes to enhance efficiency and accuracy.

Ensure adherence to internal controls, accounting policies, and SOX compliance (if applicable).

Work closely with the accounting team to reconcile project-related GL accounts and ensure proper revenue/cost allocation.

REQUIREMENTS

Bachelor’s degree in Finance, Accounting, Business, or related field.

Experience: 3+ years in financial analysis, project accounting, or billing (experience in bio-pharma or healthcare industry is preferred).

Proficiency in Excel (pivot tables, VLOOKUPs, financial modeling).

Experience with ERP systems (e.g., Oracle, SAP, NetSuite) and project accounting software.

Knowledge of ASC 606 revenue recognition standards.

Strong attention to detail and problem-solving abilities.

Excellent communication skills to collaborate with cross-functional teams.

Ability to manage multiple projects and meet deadlines in a fast-paced environment.

CPA, CMA, or MBA (or progress toward certification), preferred but not required

Experience with Power BI, Tableau, or other data visualization tools, preferred but not required

BENEFITS

• Medical, Dental, and Vision Insurance – Biomere pays substantial portion of premium

• Health Reimbursement Arrangement (HRA) – reimbursement of first half of deductible

• Flexible Spending Accounts – Medical and Dependent Care

• Short-Term and Long-Term Disability, Life Insurance, AD&D – premiums paid by Biomere

• Vacation, Holidays, Sick/Personal Days

• 401K Plan with 5% matching

• Referral Bonus Program

• Free parking

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Full-time