[Hiring] Research Finance Analyst II @BMC Software

Role Description

The Research Finance Analyst II 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 Research Finance Analyst 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

• Assigned a sponsored projects portfolio, performing all grant related post-award financial functions according to the terms and conditions of the sponsor, including:
  • Budget and expense analysis
  • Monthly invoicing
  • Financial reporting
  • Labor distribution changes
  • Re-budgeting
• Reviews contracts and new awards to assess impact on financial management of awards and provides feedback to Sponsored Programs Administration.
• Communicates 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
• Performs all grant closeout functions according to the terms and conditions of the sponsor and Hospital policy, including:
  • Reconciliation of the grant
  • Preparation and submission of financial reports
  • Final invoicing
  • Purchase order liquidations
  • Carryover of available funds
  • AR follow-up
• Communicates with sponsors for problem resolution, outstanding receivables, budget adjustment, and information gathering.
• Develops 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 awarding of grants or contracts to Boston Medical Center
• May be responsible for one or more 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 prep
  • BU salary approvals and monthly invoice/upload
  • FFR and grant ending notifications
• Manages submonitoring and payment of subinvoices for the institution.
• Performs analysis and support for ad hoc projects as needed from management.
• Assists in supporting internal and external sponsor audits, pulling together supporting documentation and liaising with department staff to meet audit needs.

Qualifications

• BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business
• HS Diploma/GED required

Requirements

• Requires two to five years of relevant work experience
• Strong Preference for post-award Research Finance experience with grants and contracts

Knowledge & Skills

• Strong computer skills, including a comprehensive knowledge of Microsoft Office, particularly Excel
• Strong interpersonal skills with a high degree of analytical ability
• Effective communication skills, both verbally and written
• Strong deductive reasoning skills
• Ability to work both independently and as part of a team

Benefits

• Competitive pay
• Tuition reimbursement and tuition remission programs
• Highly subsidized medical, dental, and vision insurance options
• Access to ongoing training and development opportunities
• Engagement in groundbreaking research projects

Compensation Range

$62,500.00 - $91,000.00. This range offers an estimate based on the minimum job qualifications. Our approach to determining base pay is comprehensive, considering education, experience, skills, and certifications/licensures as they relate to position requirements.