Note: The job is a remote job and is open to candidates in USA. Boston Medical Center (BMC) is a leading teaching hospital dedicated to advancing biomedical research. The Research Finance Analyst II is responsible for managing the financial aspects of grants and contracts, ensuring compliance with regulations, and providing financial oversight to the research community.
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
Skills
- HS Diploma/GED required
- Requires two to five years of relevant work experience
- 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
- BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business
- Strong Preference for post award Research Finance experience with grants and contracts
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.
- Discretionary annual bonuses and merit increases
- Flexible Spending Accounts
- 403(b) savings matches
- Paid time off
- Career advancement opportunities
- Resources to support employee and family well-being
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