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Senior Commercial Finance Analyst

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Medpace

2mo ago

  • Job
    Full-time
    Mid Level
  • Accounting & Tax
    Business, Operations & Strategy
  • Munich

AI generated summary

  • You need a Bachelor's in Finance/Business/Accounting, 3+ years in clinical research or contract management, strong finance skills, basic medical knowledge, and advanced Excel abilities.
  • You will develop fee estimates, manage proposal texts, communicate with clients, track project budgets, review invoices, and build relationships to drive new business opportunities.

Requirements

  • Bachelor's Degree in Finance, Business or Accounting;
  • 3+ years of experience in the conduct of clinical research and/or contract management/pricing;
  • Strong working knowledge of financial and accounting processes;
  • Basic knowledge of medical terminology and a working knowledge of drug development services desired;
  • Excellent analytical, written and oral communication skills; and
  • Excellent computer skills, especially a strong knowledge of Microsoft Excel.

Responsibilities

  • Development of fee estimates for requests for proposals (RFPs), budget revisions, and contract amendments;
  • Provides financial input for response to requests for information (RFIs), and ensures coordination of all information with other relevant Medpace personnel as required;
  • Understand existing customer or potential customer’s business, pipeline, and opportunities in order to approach customer with confidence and knowledge;
  • Responsible for assuring that bid meets customer’s expectations and specific requirements;
  • Have thorough knowledge of Medpace bid process;
  • Review proposal text assumptions to ensure the fee estimate and proposal text assumptions are consistent;
  • Communicates with Medpace customers regarding ongoing projects to ensure customer’s expectations are being met;
  • Maintain and track ongoing performance of project against budget and notify internal and external clients when potential issues or changes are noted;
  • Review invoices and other financial reports prior to Sponsors receipt;
  • Build relationships within customer’s organization in order to generate new business opportunities and to develop partnership atmosphere;
  • Generate and initiate processing of new contracts and monitor/report on changes in scope, milestone invoicing and/or contract modification to all ongoing contracts in coordination with other employees;
  • Maintain and modify company bid preparation template and boilerplate text to meet changing client needs or specific requirements;
  • May be responsible for other projects and responsibilities as assigned.

FAQs

What is the primary role of a Senior Commercial Finance Analyst at Medpace?

The primary role is to partner with clients and internal staff to develop project financial budgets and new business proposals, ensuring alignment with both client needs and Medpace's objectives.

What qualifications are required for this position?

A Bachelor's Degree in Finance, Business, or Accounting is required, along with 3+ years of experience in clinical research or contract management/pricing.

What financial responsibilities does this role entail?

This role involves developing fee estimates for RFPs, budget revisions, reviewing proposal text assumptions, tracking ongoing project performance against budgets, and reviewing invoices and financial reports before they are sent to sponsors.

Are there opportunities for professional growth within Medpace?

Yes, Medpace offers structured career paths with opportunities for professional growth as part of its commitment to employee development.

What skills are emphasized for candidates applying for this position?

Candidates should have strong analytical, written and oral communication skills, along with excellent computer skills, particularly a strong knowledge of Microsoft Excel.

How does Medpace support work-life balance?

Medpace provides a flexible work environment and competitive PTO packages to support work-life balance for its employees.

Is knowledge of medical terminology necessary for this role?

Yes, a basic knowledge of medical terminology and an understanding of drug development services are desired for this role.

What types of clients will I be working with in this position?

You will be working with clients in the biotechnology, pharmaceutical, and medical device industries to develop strategic budgets and proposals.

What kind of benefits does Medpace offer to its employees?

Medpace provides a competitive compensation and benefits package, including employee appreciation events and health and wellness initiatives.

What recognition has Medpace received recently?

Medpace has been recognized by Forbes as one of America's Most Successful Midsize Companies in 2021, 2022, 2023, and 2024, and has received multiple CRO Leadership Awards from Life Science Leader magazine.

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Medpace

Accelerating Drug, Biologic and Medical Device Clinical Development

Science & Healthcare
Industry
1001-5000
Employees
1992
Founded Year

Mission & Purpose

Medpace is a UK-based clinical research organisation (CRO) that specializes in providing comprehensive and tailored services to pharmaceutical and biotechnology companies. Their ultimate mission is to accelerate the development of life-saving and life-improving therapies through high-quality and efficient clinical trials. Medpace's purpose is to collaborate with their clients to bring innovative medical treatments to market by offering expertise in study design, regulatory support, site management, and data analysis. They aim to advance medical knowledge and improve patient outcomes while upholding the highest ethical and scientific standards in clinical research within the UK and globally.

Culture & Values

  • People

    People are what matter. Our employees are our most important asset, and we recognize the importance of rewarding them not only by providing the opportunity to make a real difference in the health and well-being of people around the globe, but also by recognizing a job well done and offering a place to grow and thrive.

  • Community

    We are committed to making a difference in the communities we operate in. We provide financial and volunteer support for a variety of nonprofit organizations worldwide with a focus on health and local community-related efforts. Year after year we contribute time and funding to various causes and charities in our worldwide communities.

  • Compliance

    Honesty, confidentiality, integrity, and adherence to Medpace policies, standard operating procedures (SOPs) and applicable regulatory guidelines are our governing principles. We believe in a culture of compliance and are committed to ethical and compliant business practices by maintaining the highest standards for business conduct.

Benefits

  • Flexible Work Environment

    Productivity meets flexibility. Remote work and flexible schedules (dependent on position level). Relaxed dress code with business casual attire when working on campus.

  • State-of-the-Art Offices

    Our modern, eco-friendly, Cincinnati-based HQ campus offers an on-site fitness center and fitness classes, IT Support “genius bar”, restaurants, bars, and more. Medpace has invested in global office infrastructure with comfort, convenience, and productivity in mind.

  • Workplace Journey

    Structured career paths, mentorship, and opportunities for internal growth make Medpace the ideal place to develop and advance.

  • Training and Development

    Medpace provides tools and internal training to help employees professionally develop and succeed.

  • All the Perks

    Employer-sponsored events, happy hours, holiday celebrations, activities, and employee discounts on local sporting events, fitness gyms and studios, attractions, services, and nearby small businesses are just a part of what is available.