Research Finance Analyst II, Research Operations

BMC Software

13d • $58,000 - $84,000 • Remote

About The Position

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 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.

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

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.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees