Senior Financial Analyst - Grants

Posted 7 Days Ago
Boston, MA, USA
In-Office
60K-85K Annually
Senior level
Edtech
The Role
Provide post-award financial and compliance analysis for college research PIs, generate monthly financial/payroll reports, forecast expenditures and personnel, ensure sponsor and university compliance, manage grant transactions and records, support award administration and process improvements, and mentor junior analysts.
Summary Generated by Built In

About the Opportunity

Job Summary

The Senior Financial Analyst- Grants provides financial and compliance analysis along with post-award administrative support to College of Science principal investigators (PIs). The College of Science is comprised of six academic departments and is home to 7 institutes and 17 research centers.

Key Responsibilities and Accountabilities

Financial Analysis

  • Analyze principal investigators research funding portfolio, including discretionary funding sources, to assist principal investigators in resource and personnel allocation planning

  • Generate monthly financial and payroll reports for PI reconciliation

  • Partner with PIs to develop comprehensive financial projections of future expenditures including burn rate and personnel forecasts

  • Make recommendations to PIs as necessary based on analysis of budget and current expenditures

  • Analyze financial and payroll discrepancies to ensure timely corrections

Compliance Analysis

  • Analyze PIs' research funding portfolio to ensure continued compliance with uniform guidance, sponsor, and university regulations

  • Provide guidance to PIs on cost allowability based on analysis of award terms and conditions

  • Review project expenditures, cost transfers, and payroll expenses to ensure proper allocation in accordance with all applicable regulations

  • Analyze project budget and actual expenditures for compliance with sponsor specific regulations and make necessary recommendations to PI based on findings

  • Analyze student effort allocations on a semester basis to ensure compliance with terms & conditions of the award and budget

Project / Award Administration

  • Ensure that the project records (NOGA, Amendments, correspondence, etc.) are kept in good order and filed electronically readily available for review and audit

  • Assist PIs with submitting all grant related transactions including but not limited to no-cost extensions, rebudgets, effort reductions, carryovers, advance account requests, closeouts and ad hoc financial reports to sponsors

  • Assist PIs with all administrative aspects of an award

  • Ensure grant transactions are routed through the appropriate offices and processed in a timely manner

  • Work with NU-RES to ensure new awards are properly set up in Banner and added to the PI’s portfolio

  • Work with PI and Department Business Manager to clear the deficit accounts

Ad hoc Projects/ Reporting

  • Assist supervisor with analyzing processes to improve workflow and work efficiencies

  • Assist in developing new financial analysis and reporting capabilities for faculty portfolios

Mentorship

  • Assist less experienced analysts with complex post award scenarios

  • Lead team trainings and utilize expertise to mentor new analysts

Minimum Qualifications

  • Bachelor’s degree required (Finance or similar major preferred)

  • Minimum of 4 years of professional work experience in higher education and/or business setting

  • Accounting and finance knowledge and ability to work with budgets required

  • Excellent verbal and written communication skills; strong organizational, prioritization and time management skills, including the ability to manage multiple projects and complete tasks for a number of principal investigators and administrators. Strong attention to detail, customer service skills, initiative, flexibility, and the ability to work independently and as a member of a team are required.

  • Familiarity with overall federal grant administration is desired

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.  

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.

Compensation Grade/Pay Type:

108S

Expected Hiring Range:

$60,315.00 - $85,192.50

With the pay range(s) shown above, the starting salary will depend on several factors, which may include your education, experience, location, knowledge and expertise, and skills as well as a pay comparison to similarly-situated employees already in the role. Salary ranges are reviewed regularly and are subject to change.

Skills Required

  • Bachelor's degree (Finance or similar major preferred)
  • Minimum of 4 years professional work experience in higher education and/or business setting
  • Accounting and finance knowledge and ability to work with budgets
  • Excellent verbal and written communication skills
  • Strong organizational, prioritization, and time management skills; ability to manage multiple projects
  • Strong attention to detail, customer service skills, initiative, flexibility, ability to work independently and as a member of a team
  • Familiarity with overall federal grant administration

Northeastern University Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Northeastern University and has not been reviewed or approved by Northeastern University.

  • Leave & Time Off Breadth Paid time off is described as extensive, including 22–26 vacation days, 12 sick days, 13 holidays, and paid parental leave for birth/adoption. Additional paid leave is also outlined, including up to 26 weeks of paid medical leave and up to 12 weeks of paid family leave for eligible employees.
  • Retirement Support Retirement support is positioned as a standout, with an employer contribution described as 10% when an employee contributes 5%, alongside immediate vesting once eligible. This is presented as unusually generous relative to typical employer retirement offerings.
  • Parental & Family Support Family-oriented benefits are emphasized through tuition assistance for employees and dependents and access to backup childcare and family-care resources. Tuition remission/discount structures are highlighted as a major value driver, especially for employees with children and for long-tenured staff.

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The Company
16,052 Employees
Year Founded: 1898

What We Do

Founded in 1898, Northeastern is a global research university with a distinctive, experience-driven approach to education and discovery. The university is a leader in experiential learning, powered by the world’s most far-reaching cooperative education program. We integrate classroom study with opportunities for professional work, research, service, and global learning in more than 100 countries. The same spirit of collaboration guides a use-inspired research enterprise focused on solving global challenges in health, security, and sustainability. Northeastern offers a comprehensive array of undergraduate and graduate programs leading to degrees through the doctorate in nine colleges and schools, and select graduate programs at campuses in Boston, Charlotte, N.C., San Francisco Bay Area, Seattle, and Toronto. Campuses in Burlington, MA, and Nahant, MA, are home to research institutes for homeland security and coastal sustainability, respectively

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