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About this Senior Financial Analyst-Research Finance role at Beth Israel Lahey Health

Beth Israel Lahey Health · Onsite · Beth Israel Lahey Health

When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.

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 also prepares sponsor draws, invoices, and financial reports, reviews charges for compliance with OMB Uniform Guidance and sponsor terms and conditions, and assist with effort reporting and subrecipient monitoring. The position requires knowledge of the Center’s general financial accounting systems and the ability to work independently and guide junior analyst.

Job Description:

Primary Responsibilities but not limited to:


    • Process and reconcile monthly GL data.
    • Maintain costing tables, including statistics and overhead allocations for cost processing.
    • Assist in the development and distribution of various financial and statistical reports, including scheduled standard reports and ad hoc reporting.
    • Maintain the confidentiality of departments, clinics, and patient information.
    • Compiles financial information and assists in the preparation and explanation of reports from Workday.
    • Use various software applications such as spreadsheets, statistical packages and graphics to assemble and format data in a user-friendly manner.
    • Keeps abreast of laws and regulations that apply to the finance community and/or field of professional expertise.
    • May design, lead or conduct training initiatives for other staff.
    • Manage operational activities that support the proper and timely administration of information and charges to appropriate accounts.
    • Works independently under broad direction and may provide work direction and/or supervision to Financial Analyst level role.
    • Provides information to leadership, department administrators and external parties as appropriate with respect to status of accounts.
    • Creates strong working relationships with other departments throughout BILH to resolve issues, meet established criteria and meet deadlines.
    • Works at the senior level in a more complex way, such as problem solving for which no clear precedent exists, or highly specialized analysis is required.
    • Complete special projects assigned accurately and in a timely manner, as required.

Qualifications:


Education:

Bachelor’s degree in Accounting, Finance, Business Administration, Information Technology or equivalent education.


Experience:

- 3-5 years of Research Finance or Grant Accounting.

- Qualitative and quantitative skills normally acquired through Accounting or Finance related degree.

- Proficiency with computer applications such as spreadsheets, databases and word processing

- Ability to exercise sound judgement, present data in a thoughtful, concise manner and communicate effectively with a wide variety of customers, internally and externally.

- Must be able to work independently as well as a member of an interdisciplinary team.

- Must be able to manage and prioritize own workload, meet deadlines and maintain sensitive and confidential information.


Skills, Knowledge & Abilities:

  • Demonstrate collaborative and respectful behavior and partner with all team members to achieve goals.
  • Receptive to others' ideas and opinions and have a flexible schedule to be able to support department needs.
  • Demonstrate accurate, clear, and timely verbal and written communication, actively promote teamwork and work ethics, and always maintain confidentiality.
  • Advanced skills with Microsoft applications, which may include Outlook, Word, Excel, PowerPoint, or Access, and other web-based applications.  May produce complex documents, perform analysis, and maintain databases.
  • Willingness to learn federal and state cost reporting requirements, reimbursement methodologies, and the fundamentals of hospital finance.

Competencies:

    • Decision Making: Ability to make decisions that are guided by precedents, policies and objectives. Regularly makes decisions and recommendations on issues affecting a department or functional area.
    • Problem Solving: Ability to address problems that are highly varied, complex and often non-recurring, require staff input, offer innovative and creative approach to resolve issues.
    • Independence of Action: Ability to set goals and priorities for functional areas. May make recommendations for department policies, practices and programs. Manager or Director provides broad guidance and overall direction.
    • Written Communications: Ability to summarize and communicate in English moderately complex information in varied written formats to internal and external customers.
    • Oral Communications: Ability to comprehend and communicate complex verbal information in English to medical center staff, patients, families and external customers.
    • Knowledge: Ability to demonstrate in-depth knowledge of concepts, practices and policies with the ability to use them in complex varied situations.
    • Teamwork: Ability to lead collaborative teams for larger projects or groups both internal and external to the Medical Center and across functional areas. Results have implications for the management and operations of multiple areas of the organization.
    • Customer Service: Ability to provide a high level of customer service and staff training to meet customer service standards and expectations for the assigned unit(s). Resolves service issues in the assigned unit(s) in a timely and respectful manner.

Social/Environmental Requirements:

    • Work requires close attention to task for work to be accurately completed. Intermittent breaks during the workday do not compromise the work.
    • Work varies every day, and the employee needs to be adaptable to respond to these changes and use independent judgment and manage priorities.
    • No substantial exposure to adverse environmental conditions

Health Care Status:  NHCW: No patient contact.

    • Health Care Worker Status may vary by department.

Sensory Requirements:

    • Close work (paperwork, visual examination), Monitor Use, Visual clarity > 20 feet, Visual clarity <3 feet, Conversation.

Physical Requirements:

    • Sedentary work: Exerting up to 10 pounds of force occasionally in carrying, lifting, pushing, and pulling objects. Sitting most of the time, with walking and standing required only occasionally.

 

 

Pay Range:

$85,280.00 USD - $115,128.00 USD

The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law. 

As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment.

More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.

Equal Opportunity Employer/Veterans/Disabled

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How this Financial Analyst salary compares

This role pays $85,280/yr — in line with the typical range for Financial Analyst roles.

$66,690 median $100,000 $138,700

Typical range $80,475–$117,500/yr, from 1,158 comparable Financial Analyst listings on JobsRadar (pay annualized to USD). See Financial Analyst salary insights →

About Beth Israel Lahey Health

At Beth Israel Lahey Health, we are driving the change in health care that Massachusetts wants and needs. Our culture promotes continuous learning, growth, innovation and a sense of belonging. We make it a priority to offer comprehensive compensation and benefits and help you achieve a healthy and balanced life. While you're busy caring for and supporting our patients, we take care of you.

See all jobs at Beth Israel Lahey Health →

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