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Research Finance Analyst

Employer
Northeastern University
Location
Massachusetts, United States
Salary
Salary Not specified
Start date
Nov 27, 2023

View more

Position Type
Faculty Positions, Business & Management, Accounting & Finance
Employment Level
Administrative
Employment Type
Full Time


Research Finance Analyst

About the Opportunity

Job Summary

The Research Finance Analyst supports the functions of the central Research Finance office within Northeastern University Research Enterprise Services (NU-RES) by ensuring compliance with applicable federal regulations, sponsor requirements, and university policies. Core expectations for this position include fostering consultative relationships, supporting a professional internal environment, and providing award support and training focusing on financial research administration and fiscal compliance. The Research Finance Analyst will ensure compliance with Federal, State, and University policies through applying specialized knowledge and interpreting rules, regulations, procedures, and policies from funding agencies. The individual must exercise independent judgment and discretion and take the initiative in managing grants and contracts through working collaboratively with internal and external stakeholders.

The Research Finance Analyst serves as a key point of contact within the central Research Finance office, providing guidance and training to colleagues within the Research Finance team and broader research community while managing post-award activities for an assigned portfolio of research awards. The Research Finance Analyst role requires the ability to gather, analyze, manipulate, and present data or information to a diverse population with varying levels of familiarity and involvement with research awards and compliance. The incumbent must perform all activities with a moderate degree of independence and autonomy, meeting high expectations for quality and accuracy in all work performed in a fast-paced and largely deadline-driven environment. This position collaborates with a broad spectrum of stakeholders, including, but not limited to, faculty, college administrators, internal and external research administrators, finance personnel, and representatives from funding agencies or professional associations. Exceptional service-mindedness, presentation capabilities, and the ability to perform with tact, diplomacy, and discretion are essential.

Northeastern University, a dynamic, innovative, and entrepreneurial University with a diverse, complex, and growing award portfolio is committed to inclusion and diversity; and hiring and developing personnel who enjoy working in a high-performing culture that rewards excellence. In addition, Northeastern is a global university, and NU-RES supports its team working remotely. Remote locations and work schedules are determined based on operational needs and consultation with NU-RES team members, consistent with University policies and guidelines.

To learn more about Northeastern's unique academic environment and generous benefits, please see http://www.northeastern.edu/hrm/

Minimum Qualifications

Essential skills for the Research Finance Analyst position include interpersonal, communication, organizational, time management, problem-solving, decision making, collaboration, presentation, and customer service. This position requires flexibility and agility, often pivoting between multiple projects and tasks to meet deadlines. The Research Finance Analyst must be resourceful, analytical, able to quickly learn various systems and applications, and willing to support organizational and operational changes as a part of ongoing process improvement initiatives. Tolerance for and the ability to work with varying levels of ambiguity is essential.

A Culture of Service:

The Research Finance Analyst works with a broad range of constituents, providing direct support to Principal Investigators, Research Finance, colleges, departments, and others. The Research Finance Analyst must keep abreast of federal and sponsor regulations and be willing and able to train or support others on applying these regulations. The ability to create and maintain a culture of service, accountability, and timeliness while producing high-quality results is essential.

Compliance and Stewardship:

This role must treat effective compliance as an equal priority, stay abreast of sponsor rules, regulations, and policy changes, as well as institutional best practices in research administration and finance. The Research Finance Analyst will participate in sponsored research initiatives and projects as assigned and lead the adoption of best practices to promote continuous improvement, ensuring the highest quality standards in performance individually and as part of a team.

Qualifications:
  • Bachelor's degree or 2-5 years relevant work experience required
  • Research administration experience preferred; CRA, CFRA, or CFCM highly desired
  • Financial analysis and reporting experience, with familiarity with GAAP, Uniform Guidance, or other regulations
  • Excellent analytical and problem-solving skills with exceptional attention to detail
  • Advanced Microsoft Office (Word, Excel, PowerPoint) skills
  • Able to independently learn and utilize a variety of systems, applications, and resources
  • Service-mindedness with proven customer service skills
  • Excellent written and interpersonal communication skills
  • Demonstrated ability to interact with tact and diplomacy with constituents at all levels of an organization
  • Able to create and deliver presentations and training to a diverse audience via in-person or virtual platforms preferred
  • Must be able to work effectively both independently and in a team-oriented environment


This position requires the candidate to have high-speed internet and other utilities to facilitate connectivity as a fully remote position. Additionally, as this position supports personnel and processes for the Boston campus and within the eastern time zone (EDT/EST), this position may require flexibility in scheduling accordingly to meet deadlines, provide service, or attend meetings or training.

Key Responsibilities & Accountabilities

30% - Award Management
  • Maintaining familiarity with federal regulations (e.g., Uniform Guidance, DFAR) and sponsor guidelines related to financial research administration
  • Reviewing award documentation to extract core demographic details, identify financial deliverables, and financial compliance-related requirements
  • Performing post-award financial research administration activities including, but not limited to, preparing or reviewing setup of up new accounts in the university's financial system; updating existing accounts as needed to ensure accuracy of demographic and financial details; monitoring account activities to ensure expenditures align with the proposed scope and any subsequent revisions
  • Completing timely award closeout activities; coordinating with others as needed to achieve appropriate closeout status and inactivate the award and related funds; initiate residual balance transfer or refund processes when necessary


30% - Reporting & Analysis
  • Performing account reconciliations with varying ranges of complexities to include independently reviewing, monitoring, analyzing, and synthesizing information
  • Investigating root causes and resolving issues to ensure completeness and accuracy in financial management, records, and reporting
  • Extracting and manipulating data to prepare or review financial reports, with strong attention to detail and a high level of accuracy; routing reports for approvals and submitting approved reports using prescribed methods
  • Maintaining accurate reporting schedules and related details to ensure timely submission of deliverables and meeting internal and external deadlines


30% - Transaction Processing
  • Reviewing and approving/rejecting transactions including but not limited to procurement requisitions, direct payments (DPAYs), reimbursement requests, cost transfers, or other award expenditures; ensuring all expenses posted to an account meet compliance with award terms and conditions or other regulations, guidelines, or policies
  • Monitoring account balances; initiating conversations with department administrators to avoid or resolve deficits or meet cost share obligations


5% - Training & Support
  • Seeking and attending training, meetings, etc. focused on federal regulations, financial research administration, or other relevant areas to keep abreast of changes and maintain fluency in areas specific to the central Research Finance office and the Research Finance Analyst role
  • Providing training, presentations, or resources to colleagues, PIs and administrators throughout the Northeastern research community to promote proper award management and best practices


5% - Other
  • Routinely participating in ongoing professional development activities with a focus on continuous professional growth
  • Completing or assisting with ad hoc or miscellaneous projects as needed or assigned


Position Type

Finance

Additional Information

Northeastern University considers factors such as candidate work experience, education and skills when extending an offer.

Northeastern has a comprehensive benefits package for benefit eligible employees. This includes medical, vision, dental, paid time off, tuition assistance, wellness & life, retirement- as well as commuting & transportation. Visit https://hr.northeastern.edu/benefits/ for more information.

Northeastern University is an equal opportunity employer, seeking to recruit and support a broadly diverse community of faculty and staff. Northeastern values and celebrates diversity in all its forms and strives to foster an inclusive culture built on respect that affirms inter-group relations and builds cohesion.

All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.

To learn more about Northeastern University's commitment and support of diversity and inclusion, please see www.northeastern.edu/diversity.


To apply, visit https://northeastern.wd1.myworkdayjobs.com/en-US/careers/job/Boston-MA-Main-Campus/Research-Finance-Analyst_R119712



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