Job Information
Charles River Laboratories Senior Financial Analyst, Biologics Testing (Hybrid-Wayne, PA) in Wayne, Pennsylvania
For 75 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we'll help you build a career that you can feel passionate about.
Job Summary
The Senior Financial Analyst is responsible for providing relevant support and analysis to Client Project Management, Project Coordination, and Business Operations, necessary to achieve a successful billing process of review and approval, as well as partnering with the business to address finance inquiries with our clients. The scope of these responsibilities includes, but is not limited to, cost center expense management, invoice review and sign-off, analysis and management of the site's unbilled revenue, review of client contracts, and development and reporting of KPIs to monitor the financial health of the site.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Partner with client project management and client services on Statements of Work (SOWs) and relevant SAP workflow as needed, including cost analysis used to develop pricing.
Partner with client project management and project coordination to analyze impact on revenue recognition (ASC 606).
Analyze client unbilled and aging receivables and partner with CRL Credit and Collections, Project Coordination, Client Project Management, Business Development, and Site Operations to drive resolution.
Prepare and present client invoice reconciliations, along with relevant supporting documentation to assist Project Coordination and Client Project Management address client invoicing needs.
Partner with site Operations and Quality to develop KPI's and reporting to allow for relevant business decision making and measurement of the business operations and efficiency.
Utilize SAP, AFO and SAC applications to develop routine financial reporting tools for variance analysis and reporting.
Analyze financial and operational performance, provide concise, relevant explanations, observations and/or recommendations to leadership and executive management.
Contribute to the development of monthly/quarterly forecasts, Annual Operating Plan, Strategic Plan, and analyze the variances.
Support monthly business reviews with senior management discussing operational and financial results, challenges, opportunities, strengths, and weaknesses.
Proactively partner with site leadership (Manufacturing, Operations, Quality, Sales, Human Resources, etc.) to address organizational needs and identify financial risk and opportunities to improve financial reporting.
Perform all other related duties as assigned.
Job Qualifications
Education: Bachelor's degree (B.A./B.S.) or equivalent business or science degree.
Experience: 5 - 7+ years experience in financial analysis or business. Experience in Life Science industry strongly preferred.
Strong attention to detail, excellent analytical skills with recommendations grounded in data.
High proficiency in Microsoft Office applications.
Must be able to work with minimal supervision
An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above. 10 yrs experience as a Financial Analyst will be accepted in lieu of Bachelor's degree.
Compensation Data
The pay range for this position is $90,000 - $100,000K USD annually. Please note that salaries vary within the range based on factors including, but not limited to, experience, skills, education, certifications, and location.
About Corporate Functions
The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.
About Charles River
Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients' clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.
With over 20,000 employees within 110 facilities in over 20 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client's unique challenges. Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world.
At Charles River, we are passionate about our role in improving the quality of people's lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly worked on 80% of the drugs approved by the U.S. Food and Drug Administration (FDA) in the past five years.
We're committed to providing benefits that elevate your quality of life. Based on your position these may include: bonus/incentives based on performance, 401K, paid time off, stock purchase program, Health and wellness coverage, employee and family wellbeing support programs, and work life balance flexibility.
Equal Employment Opportunity
Charles River Laboratories is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin, veteran or disability status.
It is unlawful in some states (including Massachusetts) to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
If you are interested in applying to Charles River Laboratories and need special assistance or an accommodation due to a disability to complete any forms or to otherwise participate in the resume submission process, please contact a member of our Human Resources team by sending an e-mail message to crrecruitment_US@crl.com. This contact is for accommodation requests for individuals with disabilities only and cannot be used to inquire about the status of applications.
For more information, please visit www.criver.com.
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