Director, Project Finance

This is a fully remote position, open to applicants in New Jersey.

📋 Description

• Supervise the Project Finance team, which includes managing portfolio assignments, overseeing direct reports, and facilitating the onboarding process for new hires as needed.

• Manage the financial performance of a portfolio of clinical trial projects, encompassing revenue, costs, margins, and cash flow.

• Ensure the accurate recognition of revenue in accordance with general accounting principles and company policies.

• Track project budgets, identify discrepancies, and collaborate with project teams to implement necessary corrective measures.

• Lead the monthly project forecasting activities, including projections for revenue, backlog, and margins.

• Serve as a strategic finance partner to the leadership of Project Management and Clinical Operations.

• Evaluate project budgets to guarantee alignment with contractual obligations and operational assumptions.

• Create and present regular reports on project financial performance, key performance indicators (KPIs), and risk factors.

• Directly oversee and mentor a team of 5 professionals specializing in Project Finance and Commercial Contracts located in North America and Europe.

⛳️ Requirements

• A Bachelor’s degree in business administration/management, finance, accounting, or a related field (Master’s degree is preferred).

• A minimum of 15 years of experience in business management, with a significant emphasis on project finance or operational finance.

• Required experience in Contract Research Organizations (CRO), pharmaceuticals, biotechnology, or healthcare services.

• Proven experience in collaborating with project management or delivery teams.

• Previous experience managing direct reports and developing teams is essential.

• In-depth knowledge of project-based revenue recognition and forecasting processes.

• Proficient in advanced Excel and project budgeting techniques.

• Familiarity with cost-to-cost project accounting is advantageous.

• Experience in establishing new systems or platforms related to project financial management is a plus.

🏝️ Benefits

• Medical, dental, and vision coverage.

• Life & AD&D insurance.

• Short- and long-term disability coverage.

• Tuition reimbursement.

• Fitness reimbursement.

• Employee assistance program (EAP).

• A 401(k) retirement/pension plan.

• Generous paid time off and sick leave.

• Opportunity to earn a performance-based bonus.