The Project Finance Contracts Analyst is responsible for providing accurate and timely contract reviews and payment schedules. These are individual contributor roles working closely with Legal, Business Development, Proposals and Contracts, Project Managers and other team members.
Responsibilities
Review Client contracts for any deviation from Novotech standard financial language and assess the impact and relevant adjustments required (with appropriate approvals where necessary).
Manage contracting issues raised by Clients, including but not limited to inflation and security deposit negotiations.
Assist Legal with reviewing Client contract template financial clauses in comparison to Novotech standard financial clauses and assess the impact and relevant adjustments required.
Review and/or provide payment schedules for milestone contacts, ensuring Novotech remains in an overall unearned position.
Implement inflation within the Novotech financial system ensuring rates are up to date prior to month end.
Respond to contract helpdesk tickets in a timely and accurate fashion.
Complete final financial reconciliation in CRM at study close.
Support financial reporting and analysis, including but not limited to unbilled, project cancellation, and start up contracting.
Contribute to process improvement initiatives within the Project Finance group.
Minimum Qualifications & Experience:
Finance degree/diploma or equivalent.
Minimum 1-3 years’ experience in a similar position, preferably in CRO, Consultancy and/or Service business.
Strong financial acumen and understanding of contractual language.
Must have analytical & critical thinking skills.
Effective communication and organizational skills with business acumen.
Excellent interpersonal and relationship building skills.
Must have high level of proficiency in Microsoft office, specifically advanced Excel skills.
Novotech is proud to offer a great workplace. We are committed to being an employer of choice for gender equality and providing an inclusive work environment where everyone is treated fairly and with respect. Our team members are passionate about what we do, but we understand work is only one of the things that is important to them. We support our team members with flexible working options, paid parental leave for both parents, flexible leave entitlements, wellness programs and ongoing development programs. We are looking for people who are passionate about working clinical research and biotech, including people who identify as LGBTIQ+, have a disability or have caring responsibilities. We are a Circle Back Initiative Employer and commit to respond to every application. We look forward to talking to you about working at Novotech.
ResponsibilitiesResponsibilities
Review Client contracts for any deviation from Novotech standard financial language and assess the impact and relevant adjustments required (with appropriate approvals where necessary).
Manage contracting issues raised by Clients, including but not limited to inflation and security deposit negotiations.
Assist Legal with reviewing Client contract template financial clauses in comparison to Novotech standard financial clauses and assess the impact and relevant adjustments required.
Review and/or provide payment schedules for milestone contacts, ensuring Novotech remains in an overall unearned position.
Implement inflation within the Novotech financial system ensuring rates are up to date prior to month end.
Respond to contract helpdesk tickets in a timely and accurate fashion.
Complete final financial reconciliation in CRM at study close.
Support financial reporting and analysis, including but not limited to unbilled, project cancellation, and start up contracting.
Contribute to process improvement initiatives within the Project Finance group.
QualificationsMinimum Qualifications & Experience:
Finance degree/diploma or equivalent.
Minimum 1-3 years’ experience in a similar position, preferably in CRO, Consultancy and/or Service business.
Strong financial acumen and understanding of contractual language.
Must have analytical & critical thinking skills.
Effective communication and organizational skills with business acumen.
Excellent interpersonal and relationship building skills.
Must have high level of proficiency in Microsoft office, specifically advanced Excel skills.
About UsNovotech is a global full-service clinical Contract Research Organization (CRO).
At Novotech, ambition meets opportunity. As a globally recognized leader in clinical research and scientific advisory services, we are proud to combine our position at the forefront of the industry with an award-winning workplace culture that values ambition, innovation, and growth. Named Employer of Choice, Great Place to Work and Employer of Choice for Gender Equality (EOCGE), we are committed to fostering an environment that reflects the life-changing work we do.
Since 1997, we have expanded our global footprint, now with 30+ offices across Asia-Pacific, the United States, and Europe. This growing network unites professionals from diverse backgrounds and disciplines to advance therapies that improve patient outcomes worldwide.
At Novotech, our employees are at the heart of our success. By offering trust, flexibility, and autonomy through programs like NovoLife, our flexible benefits framework, we empower team members to create an effective work-life balance that delivers professional satisfaction and maximum results for clients.
With access to mentorship opportunities, professional development programs, and a dynamic community, Novotech offers a platform for driven individuals to achieve personal growth while shaping the future of healthcare. Join us to be a part of a team that values your contributions and supports your ambition to make a global impact.
At Novotech we have advanced therapeutic and regulatory expertise, the ability to execute across markets and a client-centric service model, so that our clients get a trusted, long-term partner and an accelerated path to bring their life-changing advances to market. This gives our employees the opportunity to develop their careers by joining a diverse and supportive global organization with a collaborative culture, whilst working with clients on the cutting-edge of life sciences.
At Novotech you will work alongside empowered teams with a shared commitment to success.
- Strategic vs transactional mindset.
- Ability to gain insights and make proactive decisions quickly.
- Culture that fosters partnership and collaboration, where every voice is heard and valued.
- Ongoing support from senior stakeholders and leadership team.
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