KBI Biopharma
Analyst, Program Control / Finance
KBI Biopharma, Durham, North Carolina, United States, 27703
At KBI Biopharma, we are advancing science and accelerating breakthroughs. As a global leader in biopharmaceutical development and manufacturing, we empower life science companies to bring new medicines and vaccines to the world faster. Explore your potential at KBI, where innovation meets impact.
Position Summary The Program Control team will utilize expertise in Cost/Schedule and business management to maximize successful program performance, provide operational awareness to stakeholders and drive value creation to the enterprise. We will achieve this through the development of viable and comprehensive plans, tracking of program performance, analysis of program data, and timely and accurate reporting of program status information. To this end, we identify and reduce program risk and contribute significantly to the early identification of performance concerns. The Analyst, Program Control will be responsible for supporting various customer contracts in the cost and schedule area. The position will report to the Director, Program Control and work closely with Program Managers and functional team members.
Responsibilities
Financial analysis including detailed program cost/schedule reporting and forecasting
Analysis and management briefing of program cash flow status, profitability, and invoicing related issues
Creation and maintenance of program EACs (Estimates at Completion), WBSs (Work Breakdown Structures), BOEs (Basis of Estimates), RLN (Resource Loaded Networks) and detailed budgets
Provide contract setup information by understanding: Contract overview, revenue recognition, performance obligations, project structure requirements, Project Account Groups, Project Labor Categories (PLC)
Ensure subcontracts and pass-through activities are planned and purchase requests are submitted and approved timely
Track open commitments, milestones and deliverables
Develop invoice schedule and track performance against the schedule
Support PM in tracking outstanding invoices and follow up on payment issues with client
Review revenue recognition compliance for individual projects to ensure adherence to ASC606
Monitor progress against plans using performance metrics
Analyze and report variances using variance analysis techniques
Requirements
Bachelor's Degree in Business Administration, Accounting or Finance, or a related discipline and 6+ years of related experience is required or a combination of education and experience
Experience in CDMO contracting and understanding of GAAP and other contracting and finance/accounting standards. Understanding of revenue recognition standards
Requires program control experience working with schedules, Work Breakdown Structures (WBS), cost accounting and financial management systems, work authorizations, process management systems, and/or reporting
Comprehensive knowledge in scheduling tools such as MS Project, Primavera, Cobra or others, as well MS Office products
Prefer experience with SAP, SharePoint and other business tools
Candidate must be able to multi-task in a fast-paced environment with minimal supervision, work independently and as part of a team, meeting deadlines, with a proactive problem solving approach
The salary and job title for this opening will be based on the selected candidate’s qualifications and experience and may be outside this range. KBI has a robust total rewards strategy which includes an annual bonus structure for all employees, medical, dental, and vision coverage, paid PTO and holidays, 401K matching with 100% vesting in 60 days and employee recognition programs.
KBI Biopharma, Inc. is an EEO/AA employer and actively seeks to diversify its work force. Therefore, all qualified applicants, regardless of race, color, national origin, religion, gender, gender identity, sexual orientation, age, disability or veteran status, are strongly encouraged to apply.
Location: Raleigh, NC | Salary: $76,000 - $90,000
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Position Summary The Program Control team will utilize expertise in Cost/Schedule and business management to maximize successful program performance, provide operational awareness to stakeholders and drive value creation to the enterprise. We will achieve this through the development of viable and comprehensive plans, tracking of program performance, analysis of program data, and timely and accurate reporting of program status information. To this end, we identify and reduce program risk and contribute significantly to the early identification of performance concerns. The Analyst, Program Control will be responsible for supporting various customer contracts in the cost and schedule area. The position will report to the Director, Program Control and work closely with Program Managers and functional team members.
Responsibilities
Financial analysis including detailed program cost/schedule reporting and forecasting
Analysis and management briefing of program cash flow status, profitability, and invoicing related issues
Creation and maintenance of program EACs (Estimates at Completion), WBSs (Work Breakdown Structures), BOEs (Basis of Estimates), RLN (Resource Loaded Networks) and detailed budgets
Provide contract setup information by understanding: Contract overview, revenue recognition, performance obligations, project structure requirements, Project Account Groups, Project Labor Categories (PLC)
Ensure subcontracts and pass-through activities are planned and purchase requests are submitted and approved timely
Track open commitments, milestones and deliverables
Develop invoice schedule and track performance against the schedule
Support PM in tracking outstanding invoices and follow up on payment issues with client
Review revenue recognition compliance for individual projects to ensure adherence to ASC606
Monitor progress against plans using performance metrics
Analyze and report variances using variance analysis techniques
Requirements
Bachelor's Degree in Business Administration, Accounting or Finance, or a related discipline and 6+ years of related experience is required or a combination of education and experience
Experience in CDMO contracting and understanding of GAAP and other contracting and finance/accounting standards. Understanding of revenue recognition standards
Requires program control experience working with schedules, Work Breakdown Structures (WBS), cost accounting and financial management systems, work authorizations, process management systems, and/or reporting
Comprehensive knowledge in scheduling tools such as MS Project, Primavera, Cobra or others, as well MS Office products
Prefer experience with SAP, SharePoint and other business tools
Candidate must be able to multi-task in a fast-paced environment with minimal supervision, work independently and as part of a team, meeting deadlines, with a proactive problem solving approach
The salary and job title for this opening will be based on the selected candidate’s qualifications and experience and may be outside this range. KBI has a robust total rewards strategy which includes an annual bonus structure for all employees, medical, dental, and vision coverage, paid PTO and holidays, 401K matching with 100% vesting in 60 days and employee recognition programs.
KBI Biopharma, Inc. is an EEO/AA employer and actively seeks to diversify its work force. Therefore, all qualified applicants, regardless of race, color, national origin, religion, gender, gender identity, sexual orientation, age, disability or veteran status, are strongly encouraged to apply.
Location: Raleigh, NC | Salary: $76,000 - $90,000
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