Sr. Financial Analyst

Req ID #:  219346


For 75 years, Charles River employees have worked together to assist in the discovery, development and safe manufacture of new drug therapies. When you join our family, you will have a significant impact on the health and well-being of people across the globe. Whether your background is in life sciences, finance, IT, sales or another area, your skills will play an important role in the work we perform. In return, we’ll help you build a career that you can feel passionate about.

Job Summary

Responsible for maintaining, analyzing, and updating the indirect rate model for fringe, overhead, G&A, and corporate allocations in support of CRL’s federal government contracts. Annually, this position will submit an Incurred Cost Submission (ICS) to the government and support resultant rate audit.  Additionally, this role serves as key resource to the Government Finance team and may help with contract closeouts, billing reconciliation, ad hoc analysis, dashboard reporting, etc.


⦁    Monitor indirect rates throughout the year and assess impact on contracts
⦁    Prepare provisional billing rates and monitor against actual rates
⦁    Prepare the annual government Incurred Cost Submission (ICS) and support reviews with leadership
⦁    Provide meaningful interpretation of rate impacts on financial results and maintain reserves for price adjustments
⦁    Prepare cost impact analyses and/or gross dollar magnitudes (GDMs) for changes in potential changes in cost accounting practices if necessary
⦁    Lead incurred cost and government business system audits with NIH or DCAA auditors, and develop effective remediation as needed
⦁    Support program control analysts and provide independent assessment/review of cost proposals, Estimates at Completions (EAC), and contractual items
⦁    Support annual SOX control reviews and work with team to review assigned controls to ensure they remain appropriate and executed consistently and effectively
⦁    Ensure adherence to pertinent regulatory requirements and to departmental policies, practices and procedures
⦁    Perform all other related duties as assigned

Job Qualifications

⦁    Education:  Bachelor’s degree (B.A./B.S.) or equivalent.
⦁    Experience:  Seven to ten years related experience in cost accounting or financial analysis with emphasis on indirect rate management, functional budgets, and program controls
⦁    Proficient user of SAP and familiar with different modules (project costing, material management, financial accounting, and controlling)
⦁    Advanced excel user and able to manage and analyze large amounts of data to efficiently identify and explain rate variances through out the year and year over year.
⦁    Experience of government contracts and accounting is a plus, but not required:
⦁    Working knowledge of Federal Acquisition Regulation (FAR), specifically FAR Part 31 and Cost Accounting Standards (CAS)
⦁    Experience working with government auditors (NIH DFAS, DCAA and/or DCMA)
⦁    An equivalent combination of education and experience may be accepted as a satisfactory substitute for the specific education and experience listed above

⦁    Certification/Licensure:  None
⦁    Other:  Strong spreadsheet skills, time management and planning skills, written and verbal communication skills.  Must possess ability to work independently and within the team to meet deadlines and prepare responses with a high degree of accuracy. Must be highly organized, detail orientated, proactive, resourceful and able to exercise sound judgment


⦁    While performing the duties of this job, the employee is regularly required to talk, hear and work/type at a computer.  
⦁    Specific vision abilities required by this job include close vision and the ability to adjust focus.


⦁    General office working conditions; the noise level in the work environment is usually quiet.


⦁    This position requires occasional domestic travel.

Compensation Data

The pay range for this position is $90,000-$105,000. Please note that salaries vary within the range based on factors including, but not limited to, experience, skills, education, and location.


Collaborate -We collaborate when we partner with each other and promote teamwork, when we communicate clearly and effectively across the hall or around the globe, and when we welcome all forms of diversity and encourage inclusiveness.
Own - We act like owners when we hold ourselves accountable for our actions, when we respond to internal and external client needs with speed and accuracy, when we set and achieve meaningful goals, and when we strive towards continuous improvement.
Care - We show we care when we respect each other, our animals and the communities where we work and live, when we create a positive healthy workplace, when we are mindful of our compliance standards, and when we choose to do the right thing.
Lead - We lead when we advocate our purpose and model our values, when we deliver innovation, when we embrace change, and when we appreciate and celebrate the great work of others.

About Corporate Functions 
The Corporate Functions provide operational support across Charles River in areas such as Human Resources, Finance, IT, Legal, Sales, Quality Assurance, Marketing, and Corporate Development. They partner with their colleagues across the company to develop and drive strategies and to set global standards. The functions are essential to providing a bridge between strategic vision and operational readiness, to ensure ongoing functional innovation and capability improvement.


About Charles River
Charles River is an early-stage contract research organization (CRO). We have built upon our foundation of laboratory animal medicine and science to develop a diverse portfolio of discovery and safety assessment services, both Good Laboratory Practice (GLP) and non-GLP, to support clients from target identification through preclinical development. Charles River also provides a suite of products and services to support our clients’ clinical laboratory testing needs and manufacturing activities. Utilizing this broad portfolio of products and services enables our clients to create a more flexible drug development model, which reduces their costs, enhances their productivity and effectiveness to increase speed to market.


With over 20,000 employees within 110 facilities in over 20 countries around the globe, we are strategically positioned to coordinate worldwide resources and apply multidisciplinary perspectives in resolving our client’s unique challenges. Our client base includes global pharmaceutical companies, biotechnology companies, government agencies and hospitals and academic institutions around the world. 


At Charles River, we are passionate about our role in improving the quality of people’s lives. Our mission, our excellent science and our strong sense of purpose guide us in all that we do, and we approach each day with the knowledge that our work helps to improve the health and well-being of many across the globe. We have proudly supported the development of 86% of the drugs approved by the FDA in 2021.


Equal Employment Opportunity
Charles River Laboratories is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin, veteran or disability status.


If you are interested in applying to Charles River Laboratories and need special assistance or an accommodation due to a disability to complete any forms or to otherwise participate in the resume submission process, please contact a member of our Human Resources team by sending an e-mail message to [email protected]. This contact is for accommodation requests for individuals with disabilities only and cannot be used to inquire about the status of applications.


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