Senior Financial Analyst-Research Finance

Beth Israel Lahey Health

2d•$85,280 - $115,128

About The Position

The Senior Financial Analyst applies accounting principles to a portfolio of sponsored research awards. The role processes cost transfers; manages award receivables and cash receipts; opens and closes award accounts; and reconciles award activity to the general ledger. The analyst prepares sponsor draws, invoices, and financial reports; reviews charges for compliance with OMB Uniform Guidance and sponsor terms and conditions; and assists with effort reporting and subrecipient monitoring. The position requires knowledge of the Center’s general financial accounting systems, the ability to work independently, and the ability to guide junior analysts. The role processes and reconciles monthly general ledger data, maintains costing tables and overhead allocations, and helps develop and distribute scheduled and ad hoc financial and statistical reports. It compiles financial information and prepares and explains reports from Workday, using software such as spreadsheets, statistical packages, and graphics applications to present data clearly. The analyst manages operational activities that support timely administration of information and charges to appropriate accounts, provides account-status information to leadership, administrators, and external parties, and works with other departments to resolve issues and meet deadlines. Working under broad direction, the Senior Financial Analyst may provide work direction or supervision to Financial Analyst-level staff, design or conduct staff training, and take on complex or specialized analysis and problem-solving where no clear precedent exists. The role also completes assigned special projects and maintains confidentiality of departmental, clinic, and patient information. This is a sedentary position with close attention to work, variable daily tasks, and no substantial exposure to adverse environmental conditions. It has no patient contact. The organization requires staff to be vaccinated against influenza as a condition of employment.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, Information Technology, or equivalent education.
3–5 years of Research Finance or Grant Accounting experience.
Qualitative and quantitative skills normally acquired through an Accounting- or Finance-related degree.
Proficiency with computer applications such as spreadsheets, databases, and word processing.
Advanced skills with Microsoft applications, which may include Outlook, Word, Excel, PowerPoint, or Access, and other web-based applications.
Ability to exercise sound judgment, present data thoughtfully and concisely, and communicate effectively with a wide variety of internal and external customers.
Ability to work independently and as a member of an interdisciplinary team.
Ability to manage and prioritize workload, meet deadlines, and maintain sensitive and confidential information.
Ability to demonstrate collaborative and respectful behavior and partner with team members to achieve goals.
Receptiveness to others’ ideas and opinions, and flexibility to support department needs.
Accurate, clear, and timely verbal and written communication; teamwork and work ethics; and consistent confidentiality.
Willingness to learn federal and state cost reporting requirements, reimbursement methodologies, and fundamentals of hospital finance.
Ability to make decisions guided by precedents, policies, and objectives, including recommendations on issues affecting a department or functional area.
Ability to address highly varied, complex, and often non-recurring problems, using staff input and innovative approaches.
Ability to set goals and priorities for functional areas and make recommendations concerning department policies, practices, and programs.
Ability to summarize and communicate moderately complex information in English in varied written formats to internal and external customers.
Ability to comprehend and communicate complex verbal information in English to medical center staff, patients, families, and external customers.
In-depth knowledge of relevant concepts, practices, and policies, with the ability to apply them in complex and varied situations.
Ability to lead collaborative teams for larger projects or groups across internal and external functional areas.
Ability to provide high-level customer service and staff training, and resolve service issues in a timely and respectful manner.
Ability to sustain close attention to tasks, adapt to daily variation, exercise independent judgment, and manage priorities.
Ability to perform sedentary work, including occasional lifting, carrying, pushing, or pulling of up to 10 pounds; sitting most of the time, with occasional walking and standing.

Responsibilities

Process and reconcile monthly general ledger data.
Maintain costing tables, including statistics and overhead allocations for cost processing.
Assist in developing and distributing scheduled standard reports and ad hoc financial and statistical reports.
Maintain the confidentiality of departmental, clinic, and patient information.
Compile financial information and assist in preparing and explaining reports from Workday.
Use software applications, including spreadsheets, statistical packages, and graphics applications, to assemble and format data in a user-friendly manner.
Stay current with laws and regulations applicable to the finance community or professional expertise.
Design, lead, or conduct training initiatives for other staff as needed.
Manage operational activities that support proper and timely administration of information and charges to appropriate accounts.
Work independently under broad direction and provide work direction or supervision to Financial Analyst-level roles as appropriate.
Provide leadership, department administrators, and external parties with information about account status.
Build working relationships with other departments throughout BILH to resolve issues, meet criteria, and meet deadlines.
Perform complex problem-solving and specialized analysis where clear precedents may not exist.
Complete special projects accurately and on time.
Process cost transfers; manage award receivables and cash receipts; open and close award accounts; and reconcile award activity to the general ledger.
Prepare sponsor draws, invoices, and financial reports; review charges for compliance with OMB Uniform Guidance and sponsor terms and conditions; and assist with effort reporting and subrecipient monitoring.