Senior Financial Analyst, Program Finance

This is a fully remote position, open to applicants in United States.

📋 Description

• Take full responsibility for the profit and loss of the Enterprise Laboratory Instrument Services program, which includes labor, parts, travel, tooling, and vendor pass-through.

• Manage the monthly financial close process, encompassing accruals, prepayments, and reconciliation with the general ledger.

• Analyze and interpret margin performance across regions, sites, and service lines.

• Oversee forecasts and re-forecasts, providing explanations for variances.

• Identify and report on margin erosion, particularly regarding scope growth that exceeds the priced baseline.

• Ensure billing accuracy in accordance with contractual pricing, including details like named headcount, rate lines, and pass-through mechanics.

• Verify that each billed line is traceable to a contractual basis prior to invoicing.

• Manage the billing calendar and address client billing inquiries.

• Ensure revenue recognition aligns with Renovo policy.

• Handle commercial mechanics such as invoicing frequency, payment terms, and float position.

• Manage financial calculations for change orders, material scope changes, and pricing proposals.

• Establish cost bases for new or expanded scopes based on actual loaded costs.

• Maintain the savings baseline and validate that claimed savings correspond to prior contract prices or labor costs.

• Model the financial implications of self-performance and RenovoCare conversion.

• Provide financial insights during client business reviews and internal commercial decision-making processes.

• Oversee the annual budget cycle in collaboration with Regional Directors and sites.

• Deliver actionable site-level budget and expenditure data.

• Manage the headcount cost model, including loaded costs, burden, and rate calculations.

• Assist with workforce and capacity planning while considering cost implications.

• Lead Finance Analysts in work allocation, professional development, and performance management.

• Ensure financial controls are in place, including approval limits and segregation of duties.

• Support internal and client audits by maintaining traceable financial records.

• Document methods to ensure that every reported financial measure can be reproduced.

• Report to the Director of Sourcing and Payments, collaborating with Regional Directors of Operations, the Program Analyst, and Accounts Payable Coordinators.

⛳️ Requirements

• A minimum of 7 years’ experience in financial analysis, management accounting, commercial finance, or program finance.

• At least 2 years of experience in a leadership role within a finance team or function.

• Proven track record of ownership over a contract or program's profit and loss, including the monthly closing process.

• Demonstrated experience ensuring billing accuracy in line with a contractual pricing structure.

• Experience in constructing cost bases for change orders, pricing proposals, or business cases based on actual loaded costs.

• Strong modeling skills and the discipline to clearly demonstrate the arithmetic chain.

• Proficiency with enterprise resource planning and reporting systems.

• Experience in a service, outsourcing, or regulated technical service environment is highly desirable.

• A Bachelor’s degree in finance, accounting, economics, or business is required.

• A professional accounting qualification is preferred.

• Training in GxP, data integrity, and client site safety is either provided or required.

• Ability to adhere to Renovo safety policies and any applicable customer site safety requirements.

• Capability to comply with OSHA guidelines and specific laboratory or facility procedures.

• Willingness to wear necessary personal protective equipment while on-site.

• Availability to travel approximately 10 to 20 percent of the time.

• Ability to work in active laboratory environments that may involve biological, chemical, electrical, and cryogenic hazards when on client sites.

🏝️ Benefits

• Opportunities for professional growth and advancement within the company.

• Continuous training programs.

• Access to mentorship initiatives.

• A supportive work environment.

• Opportunities for internal promotions.

• Financial system and CMMS training provided post-hire.

• Required safety training assignments.

• Equal employment opportunities for all.

• At-will employment status.