Baystate Health logo
Research Financial Analyst
full-timeSpringfield$70k - $95k

Summary

Location

Springfield

Salary

$70k - $95k

Type

full-time

Explore Jobs

About this role

Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.

Minimum - Midpoint - Maximum

$70,033.00 - $80,496.00 - $95,201.00

 

 

Summary Description:

Schedule: Monday-Friday; Dayshift; Fulltime

Location: 3601 Main Street, Springfield MA; Hybrid work opportunity.


The Research Financial Analyst II provides comprehensive financial support to the Senior Director of Research Operations. Key responsibilities include managing Sponsored Programs Administration (SPA) financial activities to ensure timely, accurate, and efficient preparation of general ledger entries, account reconciliations, budget-to-actual analyses, and financial statements. The role also encompasses award setup in the financial system, invoicing and accounts receivable (A/R) management to maintain accurate billing and ensure timely collection of payments. Additionally, this position focuses on internal financial operations and reporting, provides guidance and training to office staff on financial reporting and leverages expertise in Baystate Medical Center (BMC) financial systems, such as Lawson, along with other relevant databases and applications.

Job Requirements:

•            Assists in compiling financial information for analysis and review. Prepares basic financial reports using Lawson general ledger activity and other system applications. Formats data in a user-friendly manner for internal review.

•            Supports accurate and timely administration of costs charged to appropriate cost centers. Works with SPA to help create new activities and close expired ones. Processes routine journal entries and assists with effort reporting under supervision.

•            Provides support for award setup in Lawson by gathering necessary documentation and coordinating with SPA.

•            Prepares draft financial reports for review by senior staff. Assists in analyzing invoices and financial statements for federal and non-federal awards.

•            Assists with preparation and delivery of a bi-monthly deficit report for scheduled leadership meetings.

•            Maintains awareness of sponsor regulations and institutional policies. Applies guidance from senior staff to daily tasks to minimize compliance risk.

•            Works closely with Finance, SPA, and other departments to process journal entries, budget adjustments, and activity closeouts. Ensures timelines for account cycles and sponsor milestones are met with support from senior analysts.

Required Education:

Bachelor’s degree required (Accounting, Finance, Business, or related field).

Required Expereince:

1–3 years of related work experience required.

Experience with computer systems, including web-based applications and Microsoft Office.

Previous research finance or grant management experience

Preferred Expereince:
Experience in accounting or financial operations.

Experience with sponsored programs and Lawson application

Skills/Competences:

•            Financial Acumen: Strong understanding of accounting principles, sponsored program regulations, and compliance requirements.

•            Technical Proficiency: Advanced skills in Lawson financial systems, Excel, and reporting tools.

•            Analytical Thinking: Ability to interpret complex financial data, identify trends, and provide actionable insights.

Education:

Bachelors Degree (Required)

Certifications:

Equal Employment Opportunity Employer

Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.

Other facts

Tech stack
Financial Acumen,Technical Proficiency,Analytical Thinking,Accounting Principles,Sponsored Program Regulations,Compliance Requirements,Lawson Financial Systems,Excel,Reporting Tools,Financial Reporting,Budget Adjustments,Journal Entries,Cost Center Administration,Data Interpretation,Invoice Analysis,Effort Reporting

About Baystate Health

Team size: 1,001-5,000 employees
Industry: Hospitals and Health Care

What you'll do

  • The Research Financial Analyst II provides comprehensive financial support to the Senior Director of Research Operations, managing financial activities related to Sponsored Programs Administration. Key tasks include preparing financial reports, managing award setups, and ensuring compliance with sponsor regulations.

Ready to join Baystate Health?

Take the next step in your career journey

Frequently Asked Questions

What does Baystate Health pay for a Research Financial Analyst?

Baystate Health offers a competitive compensation package for the Research Financial Analyst role. The salary range is USD 70k - 95k per year. Apply through Clera to learn more about the full compensation details.

What does a Research Financial Analyst do at Baystate Health?

As a Research Financial Analyst at Baystate Health, you will: the Research Financial Analyst II provides comprehensive financial support to the Senior Director of Research Operations, managing financial activities related to Sponsored Programs Administration. Key tasks include preparing financial reports, managing award setups, and ensuring compliance with sponsor regulations..

Why join Baystate Health as a Research Financial Analyst?

Baystate Health is a leading Hospitals and Health Care company. The Research Financial Analyst role offers competitive compensation.

Is the Research Financial Analyst position at Baystate Health remote?

The Research Financial Analyst position at Baystate Health is based in Springfield, Massachusetts, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Research Financial Analyst position at Baystate Health?

You can apply for the Research Financial Analyst position at Baystate Health directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.