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Mgr, Financial Plng & Anlys

DescriptionManager, Financial Planning & AnalysisCome discover what our 25,000+ employees already know: work here matters everywhere. We’re a growing and evolving biopharmaceutical industry leader, which means you’ll have endless opportunities to work with experts around the world and build the career you’ve dreamed of.As a part of the Syneos Health team, you’ll help us deliver results for a rewarding reason – we improve patients’ lives around the world. Because to us, a patient isn’t just a number, they’re our family, friends, and neighbors.Why Syneos Health• #SyneosHealthLife means we’re committed to our Total Self culture – where everyone can authentically be themselves. Our Total Self culture is what unites us globally, and we know every person’s unique contributions make a difference.• We believe our success is a direct result of the people who are driving it – you! We value your dedication to care for our customers and patients, so we want to focus on taking care of you. That’s why we offer a comprehensive benefits program encompassing your total health - physical, mental and financial.• We are continuously building the company we all want to work for and our customers want to work with. Why? Because when we bring together diversity of thoughts, backgrounds, cultures, and perspectives – we’re able to create a place where everyone feels like they belong.Job SummaryServes as an integral member of the Corporate Financial Planning & Analysis team. Position works closely with executive leadership across thecompany and reports to Sr. Director FP&A. Contributes to the development and achievement of the organization’s strategic goals.Job Responsibilities• Primary contact within FP&A for the assigned Corporate SG&A Function, working closely with the functional leaders to provide business finance support on Budgeting, Forecasting and spend management.• Perform key month end analysis to explain Actual Vs Budgeted performance that helps with effective cost management.• Primary point of contact for maintaining and tracking corporate investment plan and financial performance of Tech Projects including monthly Capitalization and accrual exercise.• Partner with the project managers and budget owners to support with the business case preparation and submission for Finance leadership / CFO approval.• Oversee the Financial management / resource planning for Tech Projects to support with review and tracking of budgeted spend and resource plan.• Distribute and assist with interpretation of key financial reports including KPIs post month end, to the functional leaders and communicate actions needed.• Support Finance Director to provide ongoing financial support to Corporate; ensure management of tight timelines and ad hoc request including Quarterly reporting.• Assist with the process improvement opportunities and continue to refine quarterly forecasting and annual budgeting materials for executive leadership team as well as Corporate FP&A.• Actively manage and mentor Corporate FP&A analyst(s).• Additional activities include engaging on complex strategic initiatives, partnerships with functional leaders, strategic planning, and other similar transactions.QualificationsREQUIREMENTS:• BA/BS degree in Business, Accounting, Finance or related field or equivalent related education and experience; plus, a moderate, progressive financial experience, preferably within a CRO or pharmaceutical environment.• 5+ years working in Business Finance or FP&A Capacity• Strong analytic, communication and computer skills needed utilizing Microsoft Office Suite (Word, Excel, PowerPoint), email, and voicemail.• Proficiency with accounting software packages is necessary and Oracle Finance experience preferred.• SOX experience preferred and solid understanding of GAAP required.• Ability to organize and prioritize work to meet deadlines in a fast-paced environment is essential.At Syneos Health, we believe in providing an environment and culture in which Our People can thrive, develop and advance. We reward and recognize our people by providing valuable benefits and a quality-of-life balance. The benefits for this position may include a company car or car allowance, Health benefits to include Medical, Dental and Vision, Company match 401k, eligibility to participate in Employee Stock Purchase Plan, Eligibility to earn commissions/bonus based on company and individual performance, and flexible paid time off (PTO) and sick time. Because certain states and municipalities have regulated paid sick time requirements, eligibility for paid sick time may vary depending on where you work. Syneos complies with all applicable federal, state, and municipal paid sick time requirements.The annual base salary for this position ranges from $90,000 to $139,600. The base salary range represents the anticipated low and high of the Syneos Health range for this position. Actual salary will vary based on various factors such as the candidate’s qualifications, skills, competencies, and proficiency for the role.Syneos Health has a voluntary COVID-19 vaccination policy. We strongly encourage all employees to be fully vaccinated. Additionally, certain local governments or Syneos Health customers may have vaccine requirements that apply to some of our employees. These employees are required to submit proof of vaccination to Syneos Health and maintain compliance with these requirements.Get to know Syneos HealthOver the past 5 years, we have worked with 94% of all Novel FDA Approved Drugs, 95% of EMA Authorized Products and over 200 Studies across 73,000 Sites and 675,000+ Trial patients.No matter what your role is, you’ll take the initiative and challenge the status quo with us in a highly competitive and ever-changing environment. Learn more about Syneos Health.Additional InformationTasks, duties, and responsibilities as listed in this job description are not exhaustive. The Company, at its sole discretion and with no prior notice, may assign other tasks, duties, and job responsibilities. Equivalent experience, skills, and/or education will also be considered so qualifications of incumbents may differ from those listed in the Job Description. The Company, at its sole discretion, will determine what constitutes as equivalent to the qualifications described above. Further, nothing contained herein should be construed to create an employment contract. Occasionally, required skills/experiences for jobs are expressed in brief terms. Any language contained herein is intended to fully comply with all obligations imposed by the legislation of each country in which it operates, including the implementation of the EU Equality Directive, in relation to the recruitment and employment of its employees. The Company is committed to compliance with the Americans with Disabilities Act, including the provision of reasonable accommodations, when appropriate, to assist employees or applicants to perform the essential functions of the job.
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What You Should Know About Mgr, Financial Plng & Anlys, Syneos Health

As a Manager of Financial Planning & Analysis at Syneos Health in Morrisville, NC, you'll join a dynamic and passionate team dedicated to improving patients' lives worldwide. This role places you at the heart of the corporate finance function, allow you to work closely with executive leadership and contribute meaningfully to the organization's strategic goals. Your primary responsibilities involve collaborating with functional leaders to offer insightful financial support for budgeting and forecasting, while performing vital month-end analyses to drive effective cost management. You'll also manage the corporate investment plan and track the financial performance of tech projects. Your knack for numbers will help you prepare compelling business cases for finance leadership while overseeing the financial management of resources for these projects. Plus, you'll mentor emerging talent within your team and help shape ongoing financial support processes. Syneos Health prides itself on fostering a culture of diversity and inclusion, where your unique contributions are valued. You’ll enjoy a broad suite of benefits and opportunities for personal and professional growth in a fast-paced environment. Your dedication to patient care and financial excellence will help Syneos Health continue its impressive track record in the biopharmaceutical field. Join us – your work here will truly make a difference!

Frequently Asked Questions (FAQs) for Mgr, Financial Plng & Anlys Role at Syneos Health
What are the main responsibilities of the Manager, Financial Planning & Analysis at Syneos Health?

The Manager, Financial Planning & Analysis at Syneos Health plays a crucial role by serving as the primary contact within FP&A for assigned corporate functions. This includes responsibilities such as budgeting, forecasting, and spend management, along with performing month-end analyses to monitor actual vs. budgeted performance. The manager also tracks corporate investments and supports project managers with business case preparations for CFO approval.

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What qualifications are needed for the Manager, Financial Planning & Analysis position at Syneos Health?

To qualify for the Manager, Financial Planning & Analysis role at Syneos Health, candidates should possess a BA/BS degree in business, accounting, finance, or a related field, along with a minimum of 5 years of relevant experience in business finance or FP&A within the pharmaceutical sector. Strong analytical skills, knowledge of GAAP, and proficiency with Microsoft Office and accounting software are also essential.

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How does Syneos Health support the development of its Manager, Financial Planning & Analysis?

Syneos Health is committed to nurturing its employees' growth and success. As a Manager, Financial Planning & Analysis, you will receive opportunities for professional development through mentorship, engagement in strategic initiatives, and input into process improvements. The company values diverse backgrounds and experiences, which contribute to a supportive work environment.

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What benefits are offered to the Manager, Financial Planning & Analysis at Syneos Health?

Syneos Health offers a comprehensive benefits package for its Manager, Financial Planning & Analysis role, including health, dental, and vision benefits, a company match for 401k, eligibility for an Employee Stock Purchase Plan, and a flexible paid time off policy. Additionally, employees can receive bonuses based on individual and company performance.

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What is the typical salary range for the Manager, Financial Planning & Analysis position at Syneos Health?

The annual base salary for the Manager, Financial Planning & Analysis position at Syneos Health generally ranges from $90,000 to $139,600. This range is dependent on various factors including the candidate's qualifications and experience, making it essential for potential applicants to showcase their relevant skills during the hiring process.

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Common Interview Questions for Mgr, Financial Plng & Anlys
Can you explain your experience with budgeting and forecasting in financial planning?

In the interview, highlight your specific experiences with budgeting and forecasting. Mention any software tools you have used and how your forecasts positively impacted previous employers’ financial outcomes. Emphasize your analytical skills and attention to detail.

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How do you handle month-end closing processes?

Demonstrate your familiarity with month-end closing processes by sharing a structured approach you've used. Discuss any challenges you faced during close periods and how you overcame them to ensure timely and accurate financial reporting.

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Describe a time when you supported a significant project management effort financially.

Provide a concrete example where your financial oversight supported a project, detailing how your analysis influenced decision-making or contributed to its success. Focus on your ability to partner with project managers effectively.

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What techniques do you use to analyze variances between actual and budgeted performance?

Discuss various analytical techniques you've used, such as variance analysis, trend analysis, and root cause analysis. Highlight how these methods provided actionable insights to the team and led to improved budget management in your previous roles.

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How do you ensure compliance with GAAP and SOX in your financial reporting?

Explain your understanding of GAAP and SOX principles, providing examples of how you've implemented compliance measures in previous positions. Discuss any specific experiences you had with audits or quality reviews.

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What systems or software are you proficient in relevant to financial planning?

Mention specific accounting and financial reporting software you've worked with, such as Oracle Finance. Provide examples of how you've used these tools to streamline processes and improve accuracy in financial reporting.

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How do you prioritize tasks in a fast-paced financial environment?

Share your organizational strategies and tools you use to manage deadlines efficiently. Discuss examples of how you balanced multiple priorities and the methods employed to ensure timely deliverables.

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Can you discuss your experience in mentoring or guiding junior financial analysts?

Share experiences where you’ve mentored juniors, focusing on the techniques you used to provide support and growth opportunities. Highlight successes when your guidance has contributed to their professional development.

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How do you interpret and communicate financial reports to non-financial stakeholders?

Elaborate on your approach to translating complex financial data into easily digestible information for non-financial team members. Discuss any specific tools or presentations you’ve used to enhance comprehension.

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What do you see as the biggest challenges facing financial planning in the biopharmaceutical industry?

Reflect on trends and challenges in the biopharmaceutical sector that impact financial planning, such as regulatory changes or fluctuating market conditions. Articulate your perspectives on how to address these challenges effectively.

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December 21, 2024

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