Position Overview [Temporary Role]

As a member on the Finance & Business Operations team, you will primarily support the Operations and Finance functions and will report to the Business Operations Director. This role will provide comprehensive finance administration and will work closely with the Finance team and Project Managers. You will be responsible for preparing and organizing data, ensuring data quality, and assisting with monthly reconciliations within the company’s project management and accounting systems.

Duration: 6 months, with potential extension up to 12-months.

Location: Ideally Boston office, but for the right candidate remote work may be an option.

Pay & Benefits: Position is paid, but this role is not eligible for benefits.

Responsibilities

Project Data & Revenue Coordination

Create and update Projects in Project Management system, organize and store project SOWs and Purchase Orders
Assign team members to Active projects and ensure accuracy with rates, start dates and allocations according to approved pricing submissions and contractual details
Create Project billing milestones and revenue contracts for T&M and Fixed Fee Projects
Track and follow-up with Project Managers that all signed Agreements are received and appropriately stored
Monitor Project Contract status and update Project Management system status
Monitor and maintain Project Pipeline database
Reconcile Project budget, timecards, and recognized revenue schedules
Identify, research, and resolve issues; escalate as necessary
Send weekly Timecard reminders and monthly missing hours reminders, monitor Consultant timecard submissions and follow-up as necessary
Prepare project financial reports
Support monthly project revenue recognition process
Update Project Management system with project expenses

Finance Support

Support Finance team during audits by compiling and organizing audit data
Provide operational and financial reporting support for Project Managers
Financial Process documentation; create and maintain standard operating procedures
Project Management system troubleshooting and Q&A
Onboard and offboard users and resources in Project Management system

Qualifications

Bachelor’s degree
Experience using FinancialForce, Salesforce or similar PSA system preferred
3-5 years’ experience
Strong knowledge of MS Office products, especially with Excel
Organized, detail-oriented, and competent follow-through skills
Ability to prioritize and multi-task in a fast-paced environment while meeting deadlines
Ability to execute activities within complex processes

Company Overview

Putnam, an Inizio Advisory Company, is a premier strategic consulting partner for pharmaceutical and life science companies serving a range of biopharmaceutical, diagnostics, medtech, and private equity/venture capital clients. For more than 30 years, we have provided high-impact strategic advice and analytical services, helping our clients solve their most complex challenges across the patient journey and franchise lifecycle to bring preventions and treatments to those that need them. We offer an unparalleled depth and breadth of advisory service expertise combined with scientific and technical capabilities across strategic and therapeutic areas. We listen to client needs, help shape hypotheses, analyze data, and advise on the strategy of life-changing therapies, empowering better decisions to create long-term value for patients.

We pride ourselves on a team-based approach that is client focused and impact oriented. We serve many of the industry leaders, including the top 20 global biopharmaceutical companies. Most of our studies combine sophisticated quantitative analytics with significant qualitative fact-finding and synthesis to inform strategic decision-making. Our diverse casework spans portfolio prioritization, development pathway and resource optimization, market assessment, product pricing and launch strategies, market segment growth strategies, sales and marketing strategies, franchise development and patent expiration strategies. Our team members are our greatest asset and significantly contribute to the growth and success of our firm. Consistently ranked as one of the Top Consulting Firms by Vault, Putnam offers a unique opportunity to play a central role in supporting leading life science companies.

We have a true global presence with 550+ talented team members sitting across 3 continents. Our primary office locations are Boston, New York, San Francisco, London, Japan, Tunisia, Delhi, Krakow, and Paris. But for the right role and candidate, remote work is an option.

Diversity, equity, and inclusion are tenets of our core values. We strive to create a culture and environment that fosters belonging and authenticity across all levels and values individuals for their skills, experience, diverse backgrounds, and unique perspectives. Collectively, DEI serves as a foundational element of who we are and how we work with our clients and with each other.

Our core values:

Collaboration
Excellence
Ingenuity
Grit
Diversity

We are proudly part of Inizio Advisory, a trusted advisor for pharmaceutical and life science companies that turns science into strategy, supporting execution at every stage of the product and patient journey from early commercialization to launch and beyond. Offering market research and insights; strategy, people and transformation consulting; and commercial benchmarking delivered through sector specific connected solutions and intelligence, Inizio Advisory helps create long-term value for clients and their patients.

This is an Equal Employment Opportunity.

Please note that Putnam Associates is in no way affiliated with Putnam Investments and that this is not a finance opportunity.

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Business Operations Associate

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