Project Finance Coordinator - IT

TekWissen LLC
North Chicago, IL, United States
3 months ago

Role details

Contract type
Temporary contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
5 years minimum
Compensation
$62,400.0 - $72,800.0
Working hours
Regular working hours
Job source

Tech stack

Microsoft Excel Data Analysis Business Systems Information Technology Operations Power BI SAP (Applications) Information Technology Clarity PPM

Job description

  • As a project coordinator, you will be responsible for the financial aspects of IT projects supporting the R&D function in the biopharmaceutical industry.
  • Main responsibilities will include financial planning, budgeting, forecasting, and providing data-driven insights into the financial health of a portfolio of projects.
  • This role plays a pivotal role in ensuring the success of projects by providing accurate data, insightful analysis, and strategic guidance to project teams.
  • The position requires a combination of financial expertise, analytical skills, project management skills, and effective communication through oversight of multiple projects across the entire project management lifecycle from initiation to closure., * Monitor IT operating and capital expenditure on a regular cadence to ensure adherence to the allocated budget by maintaining accurate records of invoices, expense cashflow, capital authorization and spend.
  • Complete month-end close processes, such as analyzing and reporting on budget utilization, highlighting variances to forecast, and recommending adjustments as needed.
  • Support Portfolio managers in generating regular reports and dashboards to communicate portfolio health, at-risk projects, budget status, request for capital expenditure status, software renewal timelines, and cost reallocation opportunities
  • Collaborate with portfolio managers, project managers, business system analysts, IT operations and other project stakeholders to develop and monitor project cost plans
  • Collaborate with cross-functional teams including project accounting, finance, and procurement to capitalize and close-out on authorizations in partnership with Portfolio managers
  • Develop and update comprehensive financial forecasts based on project progress and changes in scope, schedule, resource allocation and other project dependencies, while anticipating and communicating potential financial risks and opportunities.
  • Monitor project health dashboards and raise risks and issues to Portfolio managers and project managers ensuring PPM tools contains accurate data
  • Coordinate the renewal of IT licenses, subscriptions, and contracts in collaboration with business system analysts and IT system owners
  • Maintain statements of work (SOW) and purchase orders (PO) to track vendor commitments and invoice receipt
  • Partner with Project and Portfolio managers to ensure that projects adhere to financial policies, regulations, and accounting standards for IT projects
  • Provide feedback on opportunities for process improvement and/or leveraging technology to automate tasks, reports, and processes

Requirements

Do you have experience in Stakeholder relationship building?, Do you have a Bachelor’s degree?, * Bachelor’s degree in finance, accounting, or a related field

  • 5+ years of work experience managing projects with an emphasis on cost management
  • Must be proficient in MS Excel
  • Ability to multi-task and manage multiple projects under tight deadlines
  • Ability to establish and maintain effective working relationships with stakeholders
  • Experience with SAP, SRM, PowerBI and Clarity PPM a plus

NonIT - TW, * Years of Experience with SAP

  • Years of Experience with SRM

  • Years of Experience with PowerBI

  • Years of Experience with Clarity PPM

Benefits & conditions

3.93.9 out of 5 stars North Chicago, IL 60064 $30 - $35 an hour - Temporary, Contract, Pulled from the full job description

  • Dental insurance, * Dental insurance

About the company

TekWissen is a global workforce management provider headquartered in Ann Arbor, Michigan that offers strategic talent solutions to our clients world-wide. This Client is mission is to discover and deliver innovative medicines and solutions that address complex health issues and enhance people’s lives.

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