Hybrid Research Finance Analyst II, Research Operations

at Boston Medical Center (BMC)

• Job title: Research Finance Analyst II, Research Operations
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: $58,000 - $84,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Boston, United States

About the role

• Research Finance Analyst II overseeing financial management of grants and contracts at Boston Medical Center. Involves budget analysis, financial reporting, and communication with stakeholders.

Responsibilities

• The Research Finance Analyst II (RFA) is the key sponsored program financial contact for the departmental administrators, principal investigators and BMC central research administration related to monitoring, controlling and reporting of grants and contracts.
• The position performs, on a daily basis, analysis of accounts and communication with the BMC research community, sponsors, and central BMC research administration personnel.
• Responsible for the monitoring and communicating about the fiscal management of grants and contracts in accordance with government regulations, sponsor requirements, and Hospital policy.
• Assigned a sponsored projects portfolio, for which he or she performs all grant related post-award financial functions according to the terms and conditions of the sponsor, including, but not limited to, budget and expense analysis, monthly invoicing, financial reporting, labor distribution changes, and re-budgeting.
• Reviews contracts and new awards to assess impact on financial management of awards and provides feedback to Sponsored Programs Administration, ensuring BMC can meet its contractual obligations for financial management.
• Responsible for communicating with key staff regarding post-award financial management of sponsored funds, including spending versus budget, unbilled and billed amounts, aged receivables/collection items, un-reconciled accounts, and deficits.
• Meets with department administrators and/or principal investigators on a regular basis to review status of accounts.
• Performs all grant closeout functions according to the terms and conditions of the sponsor and Hospital policy, including, but not limited to, reconciliation of the grant, preparation and submission of financial reports, final invoicing, purchase order liquidations, carryover of available funds, and AR follow-up.
• Communicates with sponsors for problem resolution, outstanding receivables, budget adjustment and information gathering.
• May be responsible for one or more ongoing general department responsibilities as assigned by the Manager, Research Finance.

Requirements

• BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business
• Requires two to five years of relevant work experience, preferably in an Accounting or Financial role
• Requires strong computer skills, including a comprehensive knowledge of Microsoft Office, particularly Excel
• Individual should have strong interpersonal skills with a high degree of analytical ability and capable of communicating effectively, both verbally and written
• The ideal candidate will possess strong deductive reasoning skills and the ability to work both independently and as part of a team are required.

Benefits

• Competitive pay
• Tuition reimbursement and tuition remission programs
• Highly subsidized medical, dental, and vision insurance options
• Career Advancement/Professional Development: Access a wealth of ongoing training and development opportunities that will not only enhance your skills but also expand your knowledge base.
• Pioneering Research: Support groundbreaking research projects that are driving the forefront of biomedical science.