The Forecast Analyst is responsible for becoming the subject matter expert for IQVIA’s Clinical Trial Payment department’s forecasting service and for driving the quality of forecast for the assigned studies. Duties include preparing, delivering and analyzing the forecast report and becoming the interface for the CTP Client service Leads and RDS Project team members. Duties also include responding to inquiries from internal and external sources regarding the forecast report, adjusting the assumptions as needed, and validating the forecast report data against actual data to ensure maximum accuracy and client satisfaction. Additionally, the Forecast analysts carry the QA responsibility for the Forecasting application developments and enhancements.

Clinical trial forecasting is a critical function in clinical trial financial management. IQVIA is offering this new service so sponsors no longer have to invest time and effort manually gathering and analyzing clinical trial study and financial data from various systems to predict future trial costs. A forecast analyst enters study visits and financial data into the solution so consolidated, monthly study activity reports can be provided to sponsors. A forecast analyst should possess typical financial analysis skills, methods, and tools familiarity (e.g.  MS Excel) at minimum. The more a candidate understands clinical research operations including reading protocols, the better equipped they will be to move quickly towards clinical trial finance subject matter expertise.

Essential Functions

Communicate with internal & external stakeholders to understand each clinical trial receiving the forecasting service

Build and develop baseline assumptions used in the forecast

Determine if all forecasting requirements are met & helping to meet those requirements

Work with IT to ensure successful loading of the assumptions into the forecast model

Produce and distribute the forecast report to end-users; Answer and support end-user questions and needs

Drive the QA testing for the Forecasting Application developments and enhancements

Analyze & validate forecasting report output against actual data and make updates as needed

Adjust the forecast report assumptions throughout the trial as needed to maintain accuracy

Support the continued effort in updating IQVIA’s Clinical Trial Payment’s forecast enhancements

Create, run, and analyze ad hoc reports as needed; Support the operations improvement initiatives as needed

Other duties as assigned

Experience :

Minimum 2-3 years of work experience, preferable in the pharmaceutical clinical trial, financial, or IT roles/industries

Knowledge :

Requires intermediate level knowledge of principles, theories, and concepts of a job area, typically obtained through advanced education combined with experience

Education :

Bachelor's Degree: IT, Accounting, Finance, Statistics, Business or related field

Experience Details

Working knowledge of clinical trial process, ideally with specific knowledge on investigator contracts and essential site documents;

Experience in financial forecast and accrual reporting and analysis; Excel expertise

Experience with a business intelligence application such as MicroStrategy or Spotfire

Skills and Abilities :

Demonstrates customer-oriented communication skills, responding to both internal and external clients promptly and within agreed upon timeframes

Strong aptitude for numbers, finance, and data analysis

Requires strong attention to detail, excellent organizational, documentation and interpersonal skills

Willingness to work within a team-oriented environment as well as independently

Ability to handle multiple tasks to meet deadlines in a dynamic environment is essential

Strong PC skills (i.e. Microsoft Office) with an ability to understand, access and leverage technology alternatives

Advanced Excel skills required

Prior experience with commercial reporting tools (i.e. Business Objects, MicroStrategy, Spotfire) and/or the ability to learn quickly

Willingness to be flexible as the business requires

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide. Learn more at https://jobs.iqvia.com

IQVIA is committed to integrity in our hiring process and maintains a zero tolerance policy for candidate fraud. All information and credentials submitted in your application must be truthful and complete. Any false statements, misrepresentations, or material omissions during the recruitment process will result in immediate disqualification of your application, or termination of employment if discovered later, in accordance with applicable law. We appreciate your honesty and professionalism.