Research Finance Analyst Ii Research Operations

Position Summary

Under the general supervision of the Senior Manager, Research Finance, 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.

Position: Research Finance Analyst II (HYBRID)

Department: Research Finance

Schedule: Full-Time

NOTE: THIS IS A HYBRID ROLE

Essential Duties/Responsibilities

• 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.
• 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.
• Must adhere to all of BMC's RESPECT behavioral standards.
• Assists in supporting internal and external sponsor audits, pulling together supporting documentation and liaising with department staff to meet audit needs.
• Manages submonitoring and payment of subinvoices for the institution.
• 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.
• The Research Finance Analyst II performs analysis and support for ad hoc projects as needed from management.
• 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.
• 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.

Education

JOB REQUIREMENTS

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

Certificates, Licenses, Registrations Required

• None

Experience

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

Knowledge & Skills

• The ideal candidate will possess strong deductive reasoning skills and the ability to work both independently and as part of a team are required
• Individual should have strong interpersonal skills with a high degree of analytical ability and capable of communicating effectively, both verbally and written
• Requires strong computer skills, including a comprehensive knowledge of Microsoft Office, particularly Excel

Req id: 29638