Research Finance Analyst II, Research Finance

Overview

The Research Finance Analyst II serves as the key sponsored program financial contact for departmental administrators, principal investigators, and central research administration. This role supports the monitoring, controlling, and reporting of grants and contracts by performing daily analysis of accounts and communicating with the research community, sponsors, and central research administration teams.

Responsibilities include fiscal management monitoring and communication in accordance with government regulations, sponsor requirements, and hospital policy.

Responsibilities

• Manage an assigned sponsored projects portfolio and perform all post-award grant financial functions according to sponsor terms and conditions, including:
  • Budget and expense analysis
  • Monthly invoicing
  • Financial reporting
  • Labor distribution changes
  • Re-budgeting
• Review contracts and new awards to assess impact on financial management and provide feedback to Sponsored Programs Administration to help meet contractual financial management obligations.
• Communicate with investigators and/or department administrators regarding post-award financial management of sponsored funds, including:
  • Spending versus budget
  • Unbilled and billed amounts
  • Aged receivables/collection items
  • Un-reconciled accounts
  • Deficits
  • Meet regularly with department administrators and/or principal investigators to review account status.
• Complete all grant closeout functions per sponsor terms and conditions and hospital policy, including:
  • Grant reconciliation
  • Preparation and submission of financial reports
  • Final invoicing
  • Purchase order liquidations
  • Carryover of available funds
  • AR follow-up
• As needed, communicate with sponsors for problem resolution, outstanding receivables, budget adjustments, and information gathering.
• Develop knowledge of hospital policies and federal and non-federal regulations, including:
  • OMB 2 CFR 200 (Uniform Guidance)
  • 45 CFR Appendix IX to Part 75
  • PHS grants policy statement
  • Other grantor awarding rules for grants and contracts
• May be assigned additional general department responsibilities by the Manager, Research Finance, such as:
  • Accounts receivable management
  • Vendor invoice/upload processing
  • Processing journal entries
  • Purchase order management
  • LOC draw preparation
  • BU salary approvals and monthly invoice/upload
  • FFR and grant ending notifications
• Manage submonitoring and payment of subinvoices for the institution.
• Provide analysis and support for ad hoc projects as needed.
• Support internal and external sponsor audits by pulling together supporting documentation and coordinating with department staff to meet audit needs.

Requirements

• BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business
• HS Diploma/GED required
• 2–5 years of relevant work experience
• Strong preference for post-award Research Finance experience with grants and contracts

Knowledge & Skills

• Strong computer skills, including comprehensive knowledge of Microsoft Office, particularly Excel
• Strong interpersonal skills and the ability to communicate effectively verbally and in writing
• Strong deductive reasoning skills
• Ability to work independently and as part of a team

Preferred Qualifications

• Post-award Research Finance experience with grants and contracts

Compensation & Benefits

• Competitive pay
• Tuition reimbursement and tuition remission programs
• Highly subsidized medical, dental, and vision insurance options
• Career Advancement/Professional Development: ongoing training and development opportunities, especially for individuals pursuing careers in medicine or biomedical research
• Additional benefits described include support for employee and family well-being

Compensation Range: $62,500.00–$91,000.00

This range is an estimate based on minimum job qualifications. Base pay is determined using factors including education, experience, skills, and certifications/licensures related to position requirements, as well as business/organizational needs, internal equity, and market competitiveness.

Total compensation may include, but is not limited to:

• Benefits (medical, dental, vision, pharmacy)
• Discretionary annual bonuses and merit increases
• Flexible Spending Accounts
• 403(b) savings matches
• Paid time off
• Career advancement opportunities
• Resources to support employee and family well-being

Note: This range is based on Boston-area data and is subject to modification based on geographic location.

Location

• Boston, MA (Remote)
• Schedule: 40 hours per week

Equal Opportunity Statement

Equal Opportunity/Affirmative Action Employer. Accommodation is available for any part of the application process due to a medical condition or disability.