Financial Analyst
Role Overview
Provides financial analysis, budgeting, forecasting, accounting, and reconciliation for research projects, program activities, and department finances.
Maintains budgets and forecasts and reviews information from Workday and other institutional financial systems.
Reports to the Department Director or designee and performs other special departmental projects as assigned.
Key Skills for This Role
Full Job Posting
Role overview
Provides financial analysis, budgeting, forecasting, accounting, and reconciliation for research projects, program activities, and department finances.
Maintains budgets and forecasts and reviews information from Workday and other institutional financial systems.
Reports to the Department Director or designee and performs other special departmental projects as assigned.
Principal duties
- Recommend financial objectives, strategies, and policies consistent with approved purposes.
- Conduct budget-to-actual reviews, monitor performance, identify variances, and advise investigators and administrators on concerns and corrective actions.
- Analyze financial impacts of personnel changes, effort adjustments, purchasing activity, subawards, and other award activities.
- Prepare financial reports and customized analyses communicating the financial status of research grants and projects.
- Review transactions, worktags, payroll, purchasing, invoices, and other financial data for accuracy and appropriate allocation.
- Provide financial information for grant renewals, progress reports, no-cost extensions, carryforward requests, and other award actions.
- Resolve discrepancies and incorrect allocations with research and institutional financial partners.
- Assist with award closeout reconciliation and analysis; monitor award end dates and identify actions due before closeout.
Education and experience
- Bachelor of Science or Bachelor of Arts degree in Business, Accounting, Finance, or a related field is required.
- At least 3 years of related experience in financial analysis, financial management, and operations is required.
- Knowledge of federal sponsored-research regulations, including NIH and Uniform Guidance requirements.
- Experience with Workday or similar financial management systems and Microsoft Office, including spreadsheet and database applications, is required.
Additional qualifications
- Requires broad knowledge of business management, financial analysis, and accounting practices, plus numerical aptitude and attention to detail.
- Requires independent judgment, effective collaboration, strong organization and analysis, and the ability to prioritize and manage deadlines.
- Familiarity with the sponsored-award lifecycle is preferred; sponsored research, clinical, or academic experience and interest in public health are also preferred.
- Must be able to learn new systems and applications with limited formal training.
Schedule
- Work Type: Monday through Friday, 8 a.m. to 5 p.m.; day shift; 8 daily hours.
Pay range
- Pay range is $67,724.80 to $111,716.80; the description does not state a pay period.
Work location
- Location is Rhode Island Hospital, 593 Eddy Street, Providence, Rhode Island 02903.
- Driving is not required.
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