Associate Director Finance

Location: IND-Gurugram

Syneos Health® is a leading fully-integrated life sciences services organization built to accelerate customer success. We partner with innovators at every point across the drug development and commercialization continuum, helping them navigate complexity, anticipate change and accelerate progress.

Every day we perform better because of how we work together, as one team, each the best at what we do. We bring together talented experts across a broad spectrum of business critical corporate functions. Every role plays an essential part in enabling our customers to achieve their goals. Our teams are agile, collaborative, and committed to delivering—for each other, for our customers, and ultimately for the people who rely on the services we support.

Discover what your 25,000 future colleagues already know

Why Syneos Health

• We are passionate about developing our people, through career development and progression; supportive and engaged line management; technical and therapeutic area training; peer recognition and total rewards program.
• We are committed to building an inclusive culture – where you can authentically be yourself. Central to this is our purpose – Driven to Deliver – which captures the passion of our colleagues to show up each day and shape solutions that have the ability to dramatically impact someone’s life.
• We are continuously building the company we all want to work for and our customers want to work with. Why? Because we know that when we bring together smart colleagues from across the world, we can shape the future of healthcare, driving impact for customers and defining the pace of patient progress.

Job Responsibilities

Job Summary

Ensures the integrity of the revenue recognition policies. Sets standards of reporting on actuals, forecasts and backlog that meet and exceed the financial reporting requirements and business needs of the therapeutic area globally. Functionally or directly supervises a team of finance professionals who partner and support the therapeutic areas to achieve and exceed their financial targets.

Core Responsibilities

If assigned, oversees management and direction of assigned accounting personnel. Approves course of action on all management/human resources’ matters, including employment hires, transfers, terminations, promotions, performance appraisals and professional development, job descriptions and employee evaluation, training, counseling and discipline of direct staff members.

Recommends, develops, and maintains INCR revenue recognition principals, policy, processes, systems, practices, controls and procedures that are compliant with generally accepted accounting principles (GAAP) associated with gross, net and deferred revenue activities. Recommends proper GAAP accounting on new contracts as needed.

Records and reports project revenues for each contract type in accordance and compliant with GAAP and the Revenue recognition policy. Ensures full compliance with monthly accounting close schedule. Develops and improves unbilled and deferred revenue accounting and reporting.

Works closely with and takes global ownership for therapeutic areas to ensure revenue recognition policies are being followed consistently. Globally, communicates new control processes and provides recommendations on implementation. Works closely with and takes global ownership for therapeutic areas around project close-out and project tracker balances to ensure the latest project financial profile properly reflects the financial position of the project at month end.

Performs quarterly review of the company’s financial applications and documents processes and procedures to ensure compliance with GAAP, and corporate policy.

Develops reviews and approves proposals, change orders and contract payment milestone terms that support corporate profit and liquidity targets.

Reviews, reports and summarizes project results and metrics at the project and executive level on a monthly basis. Recommends actions to executive management and relevant project management whose business and/or individual project risk under perform budgeted goals.

Ensures backlog reporting is current, to reflect consistent, accurate and timely data with any significant variances explained. Reports results in an executive summary to include changes from prior reports, and highlight significant changes.

Ensures reporting activities not only m eet but exceed the companies requirement to expedite critical decisions for the business

Requires a bachelor’s degree in Business, Accounting, Finance or related field or equivalent education and experience plus extensive, progressive financial experience.

Demonstrated leadership skills essential with one (1) year direct management experience preferred.

Strong computer skills utilizing Word; Excel, Lotus Notes, MAS90 or related accounting packages required, with Oracle experience preferred.

Ability to organize and prioritize work to meet deadlines in a fast paced environment is essential.

Requires effective presentation, documentation, leadership and interpersonal skills with a team-oriented approach. CPA / CMA preferred.

Disclaimer

Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above.

Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees.

The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.

Get to know Syneos Health

Over the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients.

No matter what your role is, you’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment. Learn more about Syneos Health.

http://www.syneoshealth.com

Tasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above.

Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees.

The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.