Director, Business Finance

Recruiter
Syneos Health
Location
Tokyo (JP)
Salary
Competitive salary
Posted
17 Feb 2021
Closes
06 Mar 2021
Contract Type
Permanent
Hours
Full Time

Serves as the lead financial business partner in Japan across both Clinical and Commercial business segments. Provides day-to-day leadership to the financial analysts and working closely with Japan/APAC accounting teams to ensure all reporting requirements are met on a timely manner.

Essential Functions:

  • Oversees management and direction of assigned finance personnel. Approves course of action on all management/human resource matters, including employment hires, transfers, terminations, promotions, performance appraisals, professional development, job descriptions, employee evaluation, training, counseling, and discipline of direct staff members.
  • Supports, reports and forecasts on revenue, contracts, projects, and resource requirements for assigned business unit/segment. Ensures all financial requirements are being properly controlled within the business unit and in accordance with Generally Accepted Accounting Principles (GAAP). Ensures global compliance of corporate revenue and expense recognition policies. Supports line of business financial requirements and corporate profitability targets. Ensures backlog is accurate and updated timely. This includes all forecast and budgeting for business unit(s).
  • Fully supports business unit(s) on a proactive basis. Understands their financial and reporting needs and is viewed as a valued business partner by recommending action plans and providing high quality, professional and creative financial analysis that supports their ability to reach their corporate profitability, financial, and operational goals.
  • Provides financial leadership, system support, and functional guidance to the finance team to ensure compliance with policies and GAAP. Leadership could be in the form of either direct reports or matrix reporting. For direct and indirect reports, may participate in and manage activities related to department staff operations such as interviewing and selection, job description preparation, professional development, goal setting, performance management, coaching and mentoring, employee counseling, and separations. Approves courses of action on salary administration, hiring, corrective action, and terminations. Reviews and approves time records, expense reports, requests for leave, and overtime. Works with and advises staff on administrative policies and procedures, technical problems, priorities, and methods.
  • Ensures project revenues are being recorded in accordance with GAAP and company policies. Fully understands projects underway and their unique nuances. Recommends revenue recognition principals that are GAAP compliant.
  • Oversees review of project profitability and balance sheet health, to include unbilled and billed Accounts Receivable balances, particularly for Commercial Solutions. Meets with operational team regularly to assess progress and to discuss any potential contract needs or changes. Participates in monthly project status meetings and ensures concurrence of project status and progress. Serves as a financial liaison for the project management, escalating significant issues within finance and working across departments to resolve issues as required.
  • Reviews and validates business segment/unit Profit & Loss Statements. Investigates and resolves anomalies and unusual trends. Supports and participates in Monthly/Quarterly Business Unit Reviews, providing financial insights to business growth trends and profitability in assigned area. Offers methods and ideas for improving results.
  • Reviews all significant proposals to ensure they meet corporate profitability and cash targets. Approves those that do meet targets and escalate those that do not meet targets. Supports all financial negotiations for contracts and proposals and provides insightful solutions as to how to meet both the clients/sponsors and Syneos Health financial goals.
  • Supports Company’s accounting closing schedule and all corporate financial reporting requirements, including backlog, forecasting to meet or exceed respective deliverable deadlines.
  • Accurately forecasts future financial periods. Ensures backlog reporting is current, with any significant variances explained. Works closely with business units to ensure backlog reflects consistent, accurate and timely reporting. Supports assigned business unit in the annual budgeting process including the creation and/or review of budget versus actual numbers.
  • Ensures unit’s reporting and process structures are and remain compliant with all statutory internal and external requirements. Identifies and implements controls, efficiencies, and procedures to ensure financial information is reported accurately and timely for group deadlines.
  • Supports and responding to requests received from Operational Management and Teams, Proposals, Contracts, Business Development, Accounts Receivable Finance, and other operational groups. Leads miscellaneous projects such as assessing changes to processes and analyzing unique financial anomalies.
  • Supports and assisting in new system implementations, conversions, and acquisitions as needed.

Other Responsibilities:

Performs other work-related duties as assigned. Minimal travel may be required (up to 10%).

Note: If there are additional responsibilities that are specific to an individual employee, department, country, or other grouping, please use the Job Description Addendum Template.

Qualifications

Requirements :

BA/BS degree in Business, Accounting, Finance or related field or equivalent related experience plus extensive, progressive financial experience preferably within a Contract Research Organization or pharmaceutical environment or service industry. Demonstrated leadership skills. Strong English proficiency required. Strong computer skills utilizing Microsoft Office Suite (Word, Excel, PowerPoint). Proficiency with accounting software packages are necessary and Oracle Finance experience strongly preferred. Demonstrated ability to work with confidential and sensitive data. Ability to organize and prioritize work to meet deadlines in a fast paced environment is essential. Effective presentation, documentation, leadership, and interpersonal skills with a team-oriented approach.