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Company Name:
Harvard University
Approximate Salary:

Cambridge, Massachusetts
United States
Position type:
Experience level:
Education level:

Financial Analyst

The Financial Analyst II (FA II) in the Office for Sponsored Programs (OSP) is responsible for the oversight of financial deliverables and related compliance of a portfolio of sponsored awards at Harvard Medical School and the Faculty of Arts and Sciences, including monitoring, reporting, invoicing, accounts receivable collections, reconciliation, and closeout. The FA II works in collaboration with clients to meet these deliverables and manage sponsored accounts. The portfolio will include a mix of departments and centers with approximately 200 active awards of various size and complexity. The position requires performance of complex analyses and review of award expenditures in conjunction with sponsor terms and regulations. The FA II will work independently and use judgment in interpreting and implementing sponsor and University policies and procedures. In addition the position requires collaboration across teams and with academic departments/units and the ability to escalate and manage material issues.

This is a great opportunity for a professional with a foundation in accounting/financial management who is interested in working for a nonprofit, supporting University research, and learning more about sponsored accounting within higher education. The FA II reports to the Harvard Medical School/Faculty of Arts and Sciences Team Portfolio Manager.

Typical duties include:

• Serves as a principal source of information on complex University, federal, and sponsor fiscal policies and procedures related to cash management, reporting, and closeout. Interprets guidelines and policies, and effectively advises departmental staff on options or alternatives and recommends courses of action.
• Works with departmental staff to achieve timely and accurate invoicing, financial reporting, reconciliation, and closeout of all sponsored awards in the portfolio. Monitors active awards to proactively identify potential issues.
• Works independently to research and resolve issues, escalating as needed.
• Analyzes financial data and submits journal entries that will affect Harvard's general ledger. Independently enters final data in Harvard's auditable system of record for grants management (GMAS), including the sub-ledger responsible for receivables.
• Analyzes financial data to identify potential risks and issues. Presents data and issues (quantitatively and qualitatively) in a way that is meaningful to departments, colleagues, managers, and auditors.
• Proposes resolutions for complex issues and for financial management best practices.
• Documents all work so that it is clear under future review by staff or auditors. Provides requested documentation for annual audits and ad-hoc internal or external audits.
• Interacts with Harvard's sponsors as needed to clarify terms and submit required reports and invoices.
• Liaises effectively with other groups, such as school financial offices, academic department leadership, pre-award offices, and central financial and technology units.
• Reviews, approves, and signs the work of others on behalf of Harvard University, within authorized parameters.
• Provides backfill support for peers, as needed.
• Assists with developing and delivering metrics / reports, business process documentation, training initiatives, and special projects as needed.

EEO Statement
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation or any other characteristic protected by law.