Director - Research Finance Operations
Company: Beth Israel Deaconess Medical Center
Location: Boston
Posted on: August 7, 2022
Job Description:
Department Description: Research & Academic AffairsJob Location:
Boston, MassachusettsReq ID: 47533BR
Job Summary: Reporting to the Vice President of Research
Operations, the Director, Financial Operations Research is
responsible for the management and administration of all post-award
aspects of grants and contracts administration, including opening
and closing awards, cash flow monitoring, budget to actual
reporting, financial reporting to all federal sponsors,
corporations and private foundations, calculation of allowable
fringe benefit and facilities and administrative rates, and
maintaining the time and effort reporting system. The Director,
Research Finance Operations monitors compliance with all required
grant regulations, initiates policy revisions when required,
maintains and updates internal grant financial procedures as
necessary, and works with the Office Sponsored Programs, Research
Compliance, and other relevant internal and external partners to
provide regulatory guidance for the BIDMC research community.
Duties also include monitoring federal regulations, identification
and resolution of policy issues, and acting as the liaison with
both internal and external auditors for annual 2 CFR Part 200
Single Audit grants related components of the annual financial
statement, and other audit, activities. The incumbent will work
with the Vice President, Research Operations to develop performance
metrics for monitoring the reporting, compliance and service
functions of the Research Finance Office. The Director, Financial
Operations, Research will closely coordinate activities with the
BILH and BIDMC Finance and Accounting offices and be an integral
part of the BILH Finance staff.
Essential Responsibilities:
- Oversees the day-to-day operations of the financial
administration activities including supervising and monitoring
financial activities during the life of the award, transaction
review, sponsor receivable and cash management, financial
reporting, systems review and maintenance, subcontract
administration and audit management.
- Assess the grants administration program and advise VP of
Research Operations on strategic areas of need for Research Finance
operations. Provides executive-level financial analyses to allow
for strategic planning within the research business unit
(essential).
- Establishes goals and monitors performance objectives for
optimal service delivery and efficient operations and structures
the Research Finance organization in support of such goals. Leads
the identification and development of high-performing staff.
- Oversees the day-to-day operations of the cost studies
activities including processes and policies related to all
contractual and negotiated reimbursement rates for BIDMC including
the Facilities and Administration (F&A) rate and rates for
internal charges (recharge rates). Manages negotiations with the
Division of Cost Allocation for the Federal F&A and Fringe
Benefits rate determination.
- Stays current in relation to changing financial grant standards
and regulation changes and identifies potential threats to
sponsored projects administration. Coordinates with the Office of
Sponsored Programs and Research Compliance to oversee compliance
and regulatory frameworks, and risk management related to sponsored
projects. Recommends solutions or risk mitigation strategies
(essential).
- Oversees the effort reporting compliance activities.
Responsible for assisting research units with timely and compliant
reporting of effort on sponsored projects per federal regulations
(essential).
- Collaborates with Research Operations colleagues related to
grant processes, efficiencies and annual reporting, including but
not limited to: Exec Dir of Sponsored Programs, Dir of Research
Operations, Dir of Academic & Research Computing, Exec Dir of
Clinical Research, VP of Academic Strategy, Dir of Research
Compliance and other BIDMC/BILH colleagues across the system
(essential).
- Coordinates with the hospital's Medicare cost reporting office
to ensure statistics allocation bases used to apportion costs to
research related functions maximize the allowable amounts reported
on the stepdown (essential).
- Evaluates the Research Finance organizational structure,
business processes and research policies. Determines training and
education needs for the Research Finance staff and coordinates with
the Office of Sponsored programs to determine training needs for
grants management staff and faculty (essential).
- Has the authority to direct and support employees daily work
activities. Has authority to undertake or recommend the following
employment actions: hiring, termination, corrective action and
performance reviews. Direct Reports: 2-3 Indirect Reports:
11-20
- Has full responsibility for planning, monitoring and managing
department budget.
Required Qualifications:
- Bachelor's degree required. Master's degree in MBA or CPA
preferred.
- 8-10 years related work experience required and 5-8 years
supervisory/management experience required
- 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.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, requiring staff input,
innovative, creative, and Lean diagnostic techniques to resolve
issues.
- Independence of Action: Ability to set goals and priorities for
functional area. 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.
- Team Work: 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.
Physical Nature of the Job:
Sedentary work: Exerting up to 10 pounds of force occasionally in
carrying, lifting, pushing, pulling objects. Sitting most of the
time, with walking and standing required only occasionally
Keywords: Beth Israel Deaconess Medical Center, Boston , Director - Research Finance Operations, Accounting, Auditing , Boston, Massachusetts
Didn't find what you're looking for? Search again!
Loading more jobs...