Research Finance Analyst II, Research Finance

BMC Software

2d • $62,500 - $91,000 • Remote

About The Position

The Research Finance Analyst 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.

Requirements

• BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business (High School diploma or GED required)
• 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 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, 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.
• As necessary, 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, and 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. 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.
• The Research Finance Analyst II 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.
• Must adhere to all of BMC’s RESPECT behavioral standards.

Benefits

• Competitive pay
• Tuition reimbursement and tuition remission programs
• Highly subsidized medical, dental, and vision insurance options
• Access a wealth of ongoing training and development opportunities that will not only enhance your skills but also expand your knowledge base.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED