Associate Director Finance

Overview

Associate Director Finance role responsible for revenue recognition integrity and financial reporting standards for the therapeutic area globally, with supervision of a finance team.

What you'll do

• Ensure the integrity of revenue recognition policies.
• Set standards of reporting on actuals, forecasts and backlog that meet and exceed financial reporting requirements and business needs of the therapeutic area globally.
• Functionally or directly supervise a team of finance professionals who partner and support therapeutic areas to achieve and exceed financial targets.
• Oversee management and direction of assigned accounting personnel, including hires, transfers, terminations, promotions, performance appraisals, professional development, training, counseling and discipline.
• Recommend, develop and maintain revenue recognition principles, policy, processes, systems, practices, controls and procedures compliant with GAAP for gross, net and deferred revenue activities.
• Recommend proper GAAP accounting on new contracts as needed.
• Record and report project revenues for each contract type in accordance with GAAP and the revenue recognition policy.
• Ensure full compliance with the monthly accounting close schedule.
• Develop and improve unbilled and deferred revenue accounting and reporting.
• Take global ownership for therapeutic areas to ensure revenue recognition policies are followed consistently, and communicate new control processes globally with recommendations on implementation.
• Take global ownership for therapeutic areas around project close-out and project tracker balances so the latest project financial profile reflects the financial position at month end.
• Perform quarterly review of the company's financial applications and document processes and procedures to ensure GAAP and corporate policy compliance.
• Develop, review and approve proposals, change orders and contract payment milestone terms that support corporate profit and liquidity targets.
• Review, report and summarize project results and metrics at project and executive level monthly.
• Recommend actions to executive management and project management where business or project risk underperforms budgeted goals.
• Ensure backlog reporting is current, consistent, accurate and timely, with significant variances explained, and report results in an executive summary highlighting significant changes.
• Ensure reporting activities meet and exceed company requirements to expedite critical business decisions.

What you'll need

• Bachelor's degree in Business, Accounting, Finance or related field, or equivalent education and experience, plus extensive, progressive financial experience.
• Demonstrated leadership skills essential.
• Strong computer skills using Word, Excel, Lotus Notes, MAS90 or related accounting packages.
• Ability to organize and prioritize work to meet deadlines in a fast-paced environment.
• Effective presentation, documentation, leadership and interpersonal skills with a team-oriented approach.

Nice to have

• One (1) year direct management experience.
• Oracle experience.
• CPA / CMA.

Details

• Location: Gurugram, India.