Research Finance Analyst II, Research Operations

Position: Research Finance Analyst II, Research Finance

Location: Boston, MA

Schedule: 40 hours per week, Remote (requires travel to Boston 2x per year)

ABOUT BMC:

At Boston Medical Center (BMC), our diverse staff works together for one goal — to provide exceptional and equitable care to improve the health of the people of Boston. Our bold vision to transform health care is powered by our respect for our patients and our commitment to ensure everyone who comes through our doors has a positive experience.

You’ll find a supportive work environment at BMC, with rich opportunities throughout your career for training, development, and growth

POSITION SUMMARY:

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.  The RFA is responsible for the monitoring and communicating about the fiscal management of grants and contracts in accordance with government regulations, sponsor requirements, and Hospital policy.

JOB RESPONSIBILITIES

• The Research Finance Analyst II will be 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. These tasks include, accounts receivable management, vendor invoices/uploads, processing journal entries, purchase order management, LOC draw prep, BU salary approvals and monthly invoice/upload, and FFR and grant ending notifications.
• Manages submonitoring and payment of subinvoices for the institution.
• Assists in supporting internal and external sponsor audits, pulling together supporting documentation and liaising with department staff to meet audit needs.

The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job.  The above is not intended to represent an exhaustive list of accountable duties and responsibilities required

JOB REQUIREMENTS

EDUCATION:

• BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business

EXPERIENCE:

• Requires two to five years of relevant work experience, preferably in an Accounting or Financial role

KNOWLEDGE & SKILLS:

• 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

JOB 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.

ABOUT THE DEPARTMENT:

As the primary teaching hospital for Boston University Chobanian & Avedisian School of Medicine and BU schools of public health and dentistry, intellectual rigor shapes our inquiries. Our research is led by a belief that skin color, zip code, and financial circumstances shouldn’t dictate health.

Boston Medical Center is an Equal Opportunity/Affirmative Action Employer. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to [email protected] or call 617-638-8582 to let us know the nature of your request.

Compensation Range:

This range offers an estimate based on the minimum job qualifications. However, our approach to determining base pay is comprehensive, and a broad range of factors is considered when making an offer. This includes education, experience, skills, and certifications/licensures as they directly relate to position requirements; as well as business/organizational needs, internal equity, and market-competitiveness. In addition, BMCHS offers generous total compensation that includes, 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, and 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.

Equal Opportunity Employer/Disabled/Veterans

According to the FTC, there has been a rise in employment offer scams. Our current job openings are listed on our website and applications are received only through our website. We do not ask or require downloads of any applications, or “apps” job offers are not extended over text messages or social media platforms. We do not ask individuals to purchase equipment for or prior to employment.