Project Finance Analyst II - FSP
ProPharma Group
For the past 25 years, ProPharma has improved the health and wellness of patients by providing advice and expertise that empowers biotech, med device, and pharmaceutical organizations of all sizes to confidently advance scientific breakthroughs and introduce new therapies. ProPharma partners with its clients through an advise-build-operate model across the complete product lifecycle. With deep domain expertise in regulatory sciences, clinical research solutions, quality & compliance, pharmacovigilance, medical information, and R&D technology, ProPharma offers an end-to-end suite of fully customizable consulting solutions that de-risk and accelerate our partners' most high-profile drug and device programs.
Key Responsibilities Financial Planning & Analysis- Partner with FSP project teams and resource managers to develop, maintain, and refine project forecasts, ensuring alignment between staffing plans and financial projections
- Analyze gross margin performance at the project and portfolio level, identifying risks, variances, and opportunities for improvement
- Prepare and present regular financial reporting packages to FSP leadership, including revenue recognition, cost tracking, and margin analysis
- Monitor resource utilization and headcount trends to support accurate financial forecasting
- Own the end-to-end monthly billing process for assigned FSP projects, ensuring invoices are accurate, timely, and compliant with contractual terms
- Coordinate with project teams to gather and validate time, expense, and milestone data required for billing
- Resolve billing discrepancies in partnership with clients, accounts receivable, and project managers
- Maintain billing documentation and audit trails in accordance with internal controls
- Support the FSP business development team in preparing financial models and budgets for new business proposals and RFP responses
- Develop and process change orders when project scope, resources, or timelines shift, ensuring changes are accurately reflected in financial systems and client agreements
- Assist in the financial analysis and preparation of contract renewals, including pricing reviews and margin assessments
- Collaborate with Legal, Contracts, and Operations to ensure financial terms are aligned across all agreement documents
- Build strong working relationships with FSP project managers, delivery leads, and operations teams to stay ahead of project-level financial developments
- Serve as a trusted financial resource for project teams, providing guidance on budget management and cost awareness
- Contribute to continuous improvement initiatives within the FSP finance function, including process automation, reporting enhancements, and best practice development
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field
- 2-4 years of experience in project finance, financial analysis, or a similar role
- Proficiency in Microsoft Excel, including financial modeling and data analysis
- Strong understanding of revenue recognition principles and project-based billing
- Excellent attention to detail and ability to manage multiple priorities in a deadline-driven environment
- Strong verbal and written communication skills with the ability to present financial data to non-finance audiences
- Experience in a CRO, pharmaceutical, or life sciences environment
- Familiarity with FSP or staff augmentation business models
- Experience with Workday as an ERP system
- Exposure to contract review and change order processes
$101.9k - $127.4k
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$50 - $60 per hour
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