Research Finance Analyst II, Research Finance

Overview

Research Finance Analyst II, Research Finance

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

This role serves as the key sponsored program financial contact for departmental administrators and principal investigators, and partners with central research administration to monitor, control, and report on grants and contracts. The analyst performs daily analysis of accounts and communicates with the research community, sponsors, and central research administration personnel. Work includes ensuring fiscal management of grants and contracts aligns with government regulations, sponsor requirements, and hospital policy.

Responsibilities

• Manage a sponsored projects portfolio and perform all grant-related post-award financial functions per 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 impacts on financial management and provide feedback to Sponsored Programs Administration to help ensure contractual financial management obligations are met.
• Communicate with investigators and/or department administrators regarding post-award financial management, including:
  • Spending vs. budget
  • Unbilled vs. billed amounts
  • Aged receivables/collection items
  • Un-reconciled accounts
  • Deficits
  • Meet regularly with department administrators and/or principal investigators to review account status.
• Perform 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 and apply 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 grantors’ rules applicable to grants and contracts
• Support ongoing general department responsibilities as assigned by the Manager, Research Finance, including:
  • Accounts receivable management
  • Vendor invoices/uploads
  • 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.
• Assist in supporting internal and external sponsor audits by gathering documentation and coordinating with department staff to meet audit needs.

Requirements

• Education: HS Diploma/GED required
• Additional education preference: BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business
• Experience: 2 to 5 years of relevant work experience
• Research finance preference: 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 high degree of analytical ability
• Effective communication skills (verbal and written)
• Strong deductive reasoning skills
• Ability to work both independently and as part of a team

Compensation & Benefits

• Compensation range: $62,500.00– $91,000.00
• Benefits include:
  • Highly subsidized medical, dental, and vision insurance options
  • Tuition reimbursement and tuition remission programs
  • Career advancement/professional development and ongoing training opportunities
  • Discretionary annual bonuses and merit increases
  • Flexible Spending Accounts
  • 403(b) savings matches
  • Paid time off
  • Resources to support employee and family well-being
• Note: This range is based on Boston-area data and may be modified based on geographic location.

Location

Boston, MA (Remote).