Research Finance Analyst II, Finance Administration - Boston, United States - Boston Medical Center

Description

Position: Research Finance Analyst II, Finance Administration

Location: Boston, MA

Schedule: 40 hours per week, Hybrid

ABOUT BMC:

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 and where you'll have the tools you need to take charge of your own practice environment.

POSITION SUMMARY:

The Research Finance Analyst II is the key sponsored program financial contact for department 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 II is responsible for monitoring and communicating about the fiscal management of grants and contracts in accordance with government regulations, donor requirements, and Hospital policy.

JOB RESPONSIBILITIES:

• The Research Finance Analyst II will be assigned a sponsored projects portfolio, for which he or she performs all grant related post-award functions according to the terms and conditions of the sponsor, including, award setup and update, budget and expense analysis, monthly invoicing, and financial reporting.
• Responsible for communicating with investigators, 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 to review status of accounts.
• Performs all financial 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, and AR follow-up.
• As necessary communicates with sponsors for problem resolution, outstanding receivables, budget adjustments and information gathering.

Other:

• May be responsible for: shared inbox management, 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, and subrecipient invoice review and payment.
• Assists in supporting internal and external sponsor audits, pulling together supporting documentation and liaising with department staff to meet audit needs.

(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job. The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).

JOB REQUIREMENTS

EDUCATION:

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

EXPERIENCE:

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

KNOWLEDGE AND SKILLS:

• 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

JOB 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 especially for individuals pursuing careers in medicine or biomedical research.
• Pioneering Research: Engage in groundbreaking research projects that are driving the forefront of biomedical science.

ABOUT THE DEPARTMENT:

As the primary teaching hospital for Boston University Chobanian & Avedisian School of Medicine and BU schools of public health and dentistry, intellectual rigor shapes our inquiries. Our research is led by a belief that skin color, zip code, and financial circumstances shouldn't dictate health.

Boston Medical Center is an Equal Opportunity/Affirmative Action Employer. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to or call to let us know the nature of your request.

Equal Opportunity Employer/Disabled/Veterans