PAREXEL Off Campus Drive for Fresher 2023 Hiring Financial Analyst

PAREXEL Off Campus Drive for Fresher 2023 Hiring Financial Analyst

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PAREXEL Off Campus Drive for Fresher 2023. Go through this full article & know the responsibilities and requirements.

PAREXEL Off-Campus Drive for Freshers – Overview

Company PAREXEL
Role  Financial Analyst
Qualification MBA in Finance or Accounting, or relevant experience preferred. CA/CMA
Experience 0-2 years
Location Bangalore
Salary 3lpa – 5lpa

ABOUT PAREXEL COMPANY

A well-known international provider of biopharmaceutical services, PAREXEL International Corporation offers a wide range of services to support regulatory approval and drug development processes. PAREXEL provides clinical research, technology solutions, and consulting expertise to support pharmaceutical and biotechnology companies across the whole drug development lifecycle. Clinical trial management, regulatory affairs, market access consulting, and real-world evidence generation are among the services provided by the company. PAREXEL facilitates effective and efficient drug development processes for its clients globally, intending to accelerate the delivery of innovative therapies to improve patient outcomes. An American company called Parexel International offers biopharmaceutical services. To speed up the drug approval process, it carries out clinical trials for its pharmaceutical clients.

Approximately 95% of the 200 best-selling biopharmaceuticals on the market today were developed with its assistance, making it the second-largest clinical research organization in the world.[3] The company runs the Parexel-Academy,[5] publishes the annual Parexel R&D Statistical Sourcebook,[4], and consults with all of the top 30 and top 50 biopharmaceutical and biotechnology companies. In 1982, organic chemist Anne B. Sayigh and Josef von Rickenbach[7] founded Parexel, initially to guide German and Japanese companies in navigating the FDA approval process.

Over the years, the company has expanded both organically and through 40 acquisitions. Before departing the company in 2018 to retire, Josef von Rickenbach is recognized for having founded Parexel’s culture and procedures on the values he encountered while working as a researcher at Schering-Plough in Lucerne, Switzerland. The firm launched new practice areas and undertook international expansion in 1990.

It employed 4,500 people and had 45 offices by 1999.[9] By the 2000s, it employed more than 18,000 people. Many household drug brands have been established and many successes in modern pharmacology can be attributed to Parexel’s consulting and clinical trial work. Pamplona Capital Management, a private equity firm, paid roughly $5.0 billion to acquire the company.[10] September 2017 saw the deal’s closure.[11] Parexel announced a merger agreement on July 2, 2021, wherein it would be purchased for $8.5 billion by Goldman Sachs and the EQT IX fund.[12] On November 15, 2021, EQT and Goldman Sachs concluded the acquisition.

In March 2006, six healthy volunteers at a facility located at Northwick Park Hospital in London experienced severe inflammation and multiple organ failure as a result of a Parexel-run trial on behalf of TeGenero, the now-bankrupt German biotechnology company, on its anti-inflammatory drug TGN1412. The volunteers were treated for leukemia, multiple sclerosis, or rheumatoid arthritis.[47] This was the first human test for the drug, although it had been tested on animals before.

After TeGenero’s insurance policy failed to reimburse Parexel adequately, attorneys representing the injured volunteers filed a lawsuit against the company. Following the liable company’s bankruptcy declaration [48, 49], attorneys representing the volunteers filed a lawsuit against Parexel, and the two sides subsequently held talks [50], the outcome of which has not been disclosed.

A documentary starring journalist Brian Deer that aired in the UK on September 28, 2006, as part of Channel 4’s Dispatches series revealed doubts regarding the existence of information that TeGenero was required to submit to the Medicines and Healthcare Products Regulatory Agency (MHRA) before the trial, in order to determine whether TGN1412 had undergone sufficient in vitro testing on human blood.

Concerns were also expressed regarding TeGenero’s possible improper acquisition of a safe human dosage. Nonetheless, the MHRA came to the conclusion that none of the participating companies could be held accountable for the test’s results and that the adverse events were most likely brought on by the drug’s unexpected biological action in humans. Many well-known pharmaceutical brands have been created, and Parexel’s clinical trial work and consulting have been crucial to the advancement of modern pharmacology. The company was acquired by the private equity firm Pamplona Capital Management for approximately $5.0 billion.

The agreement was closed in September of 2017.[11] On July 2, 2021, Parexel announced a merger agreement wherein Goldman Sachs and the EQT IX fund would buy it for $8.5 billion.[12] EQT and Goldman Sachs completed the acquisition on November 15, 2021.

PAREXEL Off Campus Drive For Fresher – Roles & Responsibilities For Financial Analyst

  • Perform financial analysis, such as trend analysis and variance analysis.
  • Compile and evaluate forecasts, budgets, and financial reports.
  • Analyze and evaluate financial data to offer suggestions and insights.
  • Work together with cross-functional groups to obtain and verify financial data.
  • Help with the creation of business cases and financial models.
  • Key performance indicators (KPIs) for financial performance should be tracked and reported on.
  • Assist with the strategic planning and annual budgeting procedures.
  • Verify adherence to financial standards and regulations.
  • Participate in stakeholder communications and financial presentations.
  • Keep yourself updated on market developments and economic aspects that affect financial choices.

PAREXEL Off Campus Drive for Fresher – Skills Required For Financial Analyst

  • establishes goals, sets priorities, and works in a methodical and effective way.
  • thrives in a matrix environment that is complex and fast-paced.
  • Proficient in Microsoft PowerPoint and Excel; familiarity with financial performance systems (e.g., Hyperion).
  • the capacity to prioritize work carefully and manage a multitude of different tasks with zeal.
  • interpersonal abilities.
  • strong written and spoken English language proficiency.

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FAQs :

Q:- What is the company name?
ans:-PAREXEL

Q:- What is the post offered by the company?
ans:-Financial Analyst

Q:- What are the qualifications required for this post?
ans:-MBA in Finance or Accounting, or relevant experience preferred. CA/CMA

Q:- What is the salary range for this post offered by the company?
ans:-3lpa – 5lpa

Q:- Could you provide me with some company information?
Ans:- PAREXEL International Corporation is a well-known global provider of biopharmaceutical services, providing a broad range of services to support drug development and regulatory approval processes. PAREXEL supports pharmaceutical and biotechnology companies throughout the entire drug development lifecycle by offering clinical research, technological solutions, and consulting expertise. Among the services offered by the company are clinical trial management, regulatory affairs, market access consulting, and the creation of real-world evidence. With the goal of accelerating the delivery of cutting-edge therapies to improve patient outcomes, PAREXEL supports its clients’ worldwide drug development processes in an effective and efficient manner. Biopharmaceutical services are provided by Parexel International, an American business.

How to Apply PAREXEL Off Campus Drive for Fresher 2023

  • Select the “Apply here” button that is located below. You will be taken to the official career page of the company.
  • “Apply Online” should be clicked.
  • If you haven’t already, make an account.
  • Log in after registering and complete the application form with all the required information.
  • If asked, submit all necessary documents (such as a resume, grade report, and proof of identity).
  • In your application, be sure to include factual information.
  • Make sure all the information entered is accurate.
  • After verification, submit the application process.

DISCLAIMER:

The aforementioned recruitment information is solely being provided for informational purposes. The organization’s official website is where the aforementioned recruitment information was found. We make no guarantees regarding employment. The company’s established recruitment process must be followed when hiring new employees. We don’t charge anything for providing information about this job.

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PAREXEL Off Campus Drive for Fresher 2023 Hiring Financial Analyst

 

The aforementioned recruitment information is solely being provided for informational purposes. The organization’s official website is where the aforementioned recruitment information was found. We make no guarantees regarding employment. The company’s established recruitment process must be followed when hiring new employees. We don’t charge anything for providing information about this job.

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