Job Description
Summary
The Margaret M. and Albert B. Alkek Department of Medicine at Baylor College of Medicine is seeking an experienced Financial Analyst to lead financial analysis, forecasting and reporting related to the departments externally funded research portfolio. The Financial Analyst also assists in the development of the annual operating budget for the section as well as developing financial dashboards and reporting for key internal stakeholders. This position utilizes Microsoft Excel heavily; therefore extensive experience is required. The ability to communicate effectively both verbally and in writing is imperative.
This position is eligible to work a hybrid work arrangement within the Greater Houston, TX area.
Current BCM employees who are eligible to transfer are encouraged to apply.
Job Duties
- Develops, prepares, analyzes and/or reviews reports summarizing research financial activity and communicates with leadership, faculty, and staff on the performance of research grants, philanthropic gifts, and other funded projects
- Performs high-level analysis on large-scale grants and gifts ($1 million+ in awarded funds) including identifying trends and variances, variance explanations, and identifying opportunities to increase or decrease spending. In addition, regular benchmarking will be conducted to ensure we are utilizing operational, grant, and philanthropic dollars accordingly.
- Reviews and approves financial transactions and entries, including shopping carts, travel requests, and financial transactions involving assigned grant accounts to ensure the proper allocation of expenses following BCM policy and sponsor guidelines.
- Assists with the annual budget which includes accounting for cost and effort for faculty and staff on assigned grants and applicable expenses for other budgeted categories.
- Provides training for other staff and ensures the specialist and financial analysts' entries and transactions are completed appropriately.
- Assists with post-award grants management.
Minimum Qualifications
- Bachelor’s degree in Finance or a related field.
- Two years of relevant experience.
Preferred Qualifications
- Master's degree in a related field.
- Advanced Microsoft Excel experience.
- Experience with SAP S4 Hana, Microsoft Power BI, and other financial tools.
- Post-award grant management experience.
Baylor College of Medicine is an Equal Opportunity/Affirmative Action/Equal Access Employer.
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Baylor College of Medicine fosters diversity among its students, trainees, faculty and staff as a prerequisite to accomplishing our institutional mission, and setting standards for excellence in training healthcare providers and biomedical scientists, promoting scientific innovation, and providing patient-centered care. - Diversity, respect, and inclusiveness create an environment that is conducive to academic excellence, and strengthens our institution by increasing talent, encouraging creativity, and ensuring a broader perspective. - Diversity helps position Baylor to reduce disparities in health and healthcare access and to better address the needs of the community we serve. - Baylor is committed to recruiting and retaining outstanding students, trainees, faculty and staff from diverse backgrounds by providing a welcoming, supportive learning environment for all members of the Baylor community.
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