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Associate Director, Financial Planning & Analysis, Digital Products & Solutions

IQVIA

IQVIA

Accounting & Finance
Multiple locations
Posted on Oct 29, 2024

Job Overview

Reporting to the Director, Business Unit Finance (Product Management & Engineering) within the Digital Products & Solutions (DP&S) organization, this role will support product managers in achieving key financial measures across the entire portfolio of DP&S products. The role will work with product managers in tracking product performance against investment cases, including efficiency actions to ensure adherence to product roadmaps and driving return on investment. This role will track functional spend and be responsible for timely & accurate closure of books, budgets and monthly forecast submissions, financial and management reporting and compliance with accounting policies. The role will provide active input to product & function reviews and deliver analytical support for Investment Board Reviews in close co-ordination with colleagues across other DP&S functions. The role will also engage with global and regional business units to allocate technology costs in alignment with DP&S financial policies.

Essential Functions

  • Understand business partner/client needs and translate function & product strategy into proactive financial plans to enable successful achievement of business results.

  • Participate in the implementation of strategic initiatives and plans for Product Management functions.

  • Support initiatives to develop pricing strategies, policies and analysis.

  • Monitor technology costs (licenses, infrastructure, usage, etc) with a focus to optimize and drive margin improvements

  • Preparation of financial components of business cases, capital appropriation requests for new, ongoing strategic investments to develop IQVIA’s technology product / technology enabled service portfolio.

  • Monitor mix of allocated capital expenditure investments towards product roadmaps to maximize return on investment

  • Develop and formalize specific business metrics that support timely and actionable information flow for daily operational and long-term strategic planning purposes.

  • Ensure timely and accurate financial reporting. Analyze and review financial statements and supporting schedules.

  • Prepare and present formal forecasts and budgets based on guidelines from functional finance leaders

  • Monitor performance against forecast and budget goals; carry out related analyses; explain significant variances; determine financial strategies to meet financial goals and direct internal management reporting.

  • Identify and monitor areas of risk and/or opportunity and their financial impact on the business/function.

  • Coordinate preparation for audits (internal, external or financial authority).

  • Help ensure, where applicable, that the recording, measurement and reporting of all financial transactions adhere to generally accepted accounting principles (GAAP), internal IQVIA corporate policies and procedures, government regulations and local business/functional requirements

  • Perform other duties as assigned.

Qualifications

  • Bachelor's Degree Req

  • CPA - Certified Public Accountant CPA qualified (or equivalent) Req

  • 7 years’ experience in business analysis, accounting, and finance Req

  • Equivalent combination of education, training and experience. Req

  • Prior experience in technology product or services organizations. Pref.

  • Strong technical accounting skills, knowledge of US GAAP.

  • Technical proficiency with financial application software is essential; Hyperion/Peoplesoft/SAP.

  • Strong knowledge and working experience of Microsoft Office applications.

  • Strong analytical and numeracy, problem solving skills.

  • Excellent oral and written communication skills as well as strong focus.

  • Proven record of results working with senior management in a consultative business approach.

  • Strong project management skills and the ability to translate business issues into financial requirements.

  • Ability to influence outcomes and manage multiple deliverables/priorities in parallel

  • Ability to establish and maintain strong working relationships with co-workers, managers and clients.

  • High integrity levels and self-confidence.

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com