Project Finance Analyst

Posted Yesterday
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Hiring Remotely in India
Remote
Junior
Software • Analytics • Biotech
The Role
Supports project forecasting, invoicing, cash flow, financial system validation, monthly project finance reviews, resource alignment, and reporting. Partners with project managers, finance leaders, and internal teams to identify financial risks, resolve issues, reduce cost overruns, and improve project performance. The role requires financial analysis, organization, communication, and proficiency with Microsoft Excel and Office tools. It is remotely based.
Summary Generated by Built In

What is Cytel looking for in a Project Finance Analyst?

  • A fast learner of new processes, projects, and new systems.
  • An experienced organizer and planner who thrives in a fast-paced environment.
  • A critical thinker who is also able to problem solve, deal with ambiguity, and analyze data to complete risk assessments.
  • An experienced communicator in both written and oral forms who enjoys working with people from a wide variety of backgrounds.
  • The position is remotely based. 
Responsibilities
  • Partner with the teams to provide forecasting support.  This will include supporting input, review, and analysis of the forecasting tool.  Understanding the forecast, the forecast trends and the impact of the forecast on the broader organization will be key to success. 
  • Supporting invoicing and cash flow for all assigned studies.  This will include a review and understanding of the cash position and what is being done to support improvement as needed.
  • Validation of financial systems to confirm the study has been set up properly and updated as needed in the master systems. 
  • Reviewing with project manager and/or team monthly project finances.  This includes understanding the rationale for the issues and potential resolutions along with the overall impact on the study and company, and strategically working with the project team to determine the next steps to recover work or reduce cost overruns.    
  • Provide ongoing support for aligning resourcing with the project forecast of contracted hours. 
  • Support any client and internal project reporting needs. 

Works with internal leadership including project managers, project leads, finance managers, and higher levels of management to support financial risks, escalations, and resolutions. 

Qualifications

Preferred Qualifications and Preferred Technical Skills:

  • Microsoft Office including Microsoft Word, PowerPoint (basic), and Microsoft Excel (Intermediate)
  • Basic Knowledge of percent complete accounting
  • Basic Knowledge of Financial Statement analysis
  • Minimum Qualifications Education: Bachelor's Degree in Business/Finance or equivalent experience.
  • Experience: Typically 2+ years related experience.
  • Experience in project-based work or clinical research is a plus.

Skills Required

  • Bachelor's degree in Business, Finance, or equivalent experience
  • Typically 2 or more years of related experience
  • Microsoft Office proficiency, including Word, PowerPoint, and intermediate Excel
  • Basic knowledge of percent-complete accounting
  • Basic knowledge of financial statement analysis
  • Experience in project-based work or clinical research

Cytel Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cytel and has not been reviewed or approved by Cytel.

  • Healthcare Strength — Health coverage is described as comprehensive, spanning medical, dental, vision, life and disability, with FSAs/HSAs also available. Plan quality is often characterized as good to excellent, which lifts the perceived value of the overall package.
  • Retirement Support — A 401(k) with employer match is consistently part of the benefits package. The plan is also characterized as well managed, contributing to a sense of baseline retirement support.
  • Fair & Transparent Compensation — Overall pay is characterized as decent-to-good and broadly competitive in parts of the business, with stronger alignment noted in senior technical tracks like biostatistics and programming. The total package is often framed as respectable rather than premium.

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The Company
HQ: Cambridge, MA
1,395 Employees
Year Founded: 1987

What We Do

Cytel enables decision-makers in the life sciences to unlock the full potential of their products. From navigating uncertainty to proving value, Cytel’s 30 years of global expertise in consulting, data-driven analytics, and industry-leading software helps biotech and pharmaceutical companies transform intelligence into confident decisions. We have an uncompromising commitment to scientific rigor and high standards of operational excellence, which are channeled through our locations in North America, Europe, the United Kingdom, and Asia. Together, we enable our clients to deliver the therapies that propel humanity forward. Cytel employs a range of data science tools from biostatistics to machine learning to help executives in the life-sciences to make confident decisions powered by data. We are probably best known for being leaders in the field of adaptive clinical trial design, a subset of trial design that uses interim looks to enhance the patient safety and commercial value of pharmaceutical products. We also have specialists in Bayesian statistics, real world evidence, artificial intelligence, health economics, and a number of other research fields to ensure that academic and scientific findings can have impact on industry quickly and seamlessly. www.cytel.com

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