Baystate Health · 1 day ago
Senior Research Financial Analyst
Springfield, Massachusetts
Full-time
Hybrid
Senior Level
$76K/yr - $103K/yr
5+ years expBaystate Health is a healthcare organization seeking a Senior Research Financial Analyst to oversee financial reporting and activity management related to sponsored programs. The role involves managing complex financial activities, ensuring compliance, and optimizing processes while serving as a subject matter expert in financial systems.
DeliveryFitnessHealth CareHospitalMedical DeviceStaffing Agency
Responsibilities
Senior Research Financial Analyst is responsible for BMC and PVLSI, including preparation of year-end audit documentation
Prepares and reviews complex financial reports, reconciliations, and analyses for sponsored programs. Ensures accuracy and compliance with institutional and sponsor requirements
Maintains and enhances Lawson Grants Management attributes for accurate reporting. Troubleshoots system issues and recommends improvements
Coordinates preparation of year-end audit documentation and compliance reviews. Monitors federal and non-federal regulations and applies updates to workflows
Serves as a technical resource and mentor for Research Financial Analyst I and II positions without formal supervisory responsibility. Provides guidance on complex issues and best practices
Identifies opportunities for efficiency and scalability in financial operations. Leads initiatives to streamline workflows and improve reporting accuracy
Manage invoicing, cash draws, and accounts receivable (A/R) processes, ensuring timely billing and collection of payments
Prepare, review, correct and submit journal entries
Ensure strict adherence to system and departmental compliance policies, as well as all applicable laws and regulations
Provide mentorship, training, and performance management for assigned financial analysts
Works closely with Accounting, SPA, and other internal departments to ensure timely processing of journal entries, budget adjustments, and activity closeouts
Champion change management initiatives to improve consistency, effectiveness, and scalability of financial operations
Perform other duties as assigned to support research financial operations
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, or related field required
Minimum 5–7 years of progressive financial management experience, preferably in sponsored programs or grants administration
Strong knowledge of Lawson financial systems and Grants Management modules highly preferred
Advanced proficiency in Lawson, Excel, and other financial reporting tools
Familiarity with federal and state grant regulations, Uniform Guidance, and audit requirements
Ability to mentor and guide staff, fostering a culture of accountability and continuous improvement
Excellent analytical, organizational, and problem-solving skills
Strong communication and interpersonal abilities to collaborate across departments
Ability to manage multiple priorities in a fast-paced environment
Expertise in sponsored program accounting, budgeting, and compliance
Skilled in leveraging Lawson and other financial systems for reporting and process optimization
Capacity to analyze trends, identify risks, and recommend solutions to support organizational goals
Ability to champion process improvements and adapt to evolving regulatory and operational requirements
Preferred
Prior experience with audit preparation and compliance reviews
Extensive experience in research finance, sponsored programs, or grant administration
Company
Baystate Health
Baystate Health is an integrated health care delivery system serving a population of nearly one million people in western Massachusetts.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$3.9MKey Investors
Massachusetts Life Sciences Center
2023-10-04Acquired
2019-06-03Grant· $3.9M
Leadership Team
Peter D. Banko
CEO
Marion Mcgowan
Executive Vice President | Chief Operating Officer
Recent News
2026-01-14
2025-11-05
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