Senior Financial Analyst

About the Company

Baystate Health, a nationally recognized leader in healthcare quality and safety, is seeking an experienced and strategic Senior Research Financial Analyst to play a key role in advancing the financial integrity and operational excellence of a complex, system-wide research portfolio.

About the Role

This position is ideal for professionals with deep experience in sponsored programs, research finance, or grants administration who are ready to step into a high-impact, subject matter expert role—driving financial accuracy, strengthening compliance, and leading process improvements across the organization.

Responsibilities

• Reporting to the Senior Director of Research Operations, oversee critical aspects of sponsored program financial management, including complex reporting, audit readiness, compliance oversight, and system optimization.
• Serve as a trusted partner to Finance, Sponsored Programs Administration (SPA), and research leadership, while mentoring junior analysts and championing continuous improvement initiatives.
• Lead the preparation and review of complex financial reports, reconciliations, and analyses for sponsored programs.
• Oversee financial activity management for BMC and PVLSI, including coordination of year-end audit documentation.
• Ensure compliance with federal, state, and sponsor regulations, proactively monitoring and applying updates to workflows.
• Serve as a subject matter expert in Lawson Grants Management, maintaining system integrity, troubleshooting issues, and driving enhancements.
• Manage invoicing, cash draws, and accounts receivable, ensuring timely billing and collection.
• Prepare, review, and submit journal entries, budget adjustments, and financial corrections.
• Partner with Accounting, SPA, and internal teams to ensure timely activity setup, maintenance, and closeout.
• Identify and lead process improvement initiatives to enhance efficiency, scalability, and reporting accuracy.
• Provide mentorship, guidance, and training to Research Financial Analysts (I & II), fostering a culture of accountability and development.
• Support and lead change management initiatives to improve financial operations and consistency.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or a related field, required.
• 5-7 years of progressive experience in research finance, sponsored programs, or grants administration, required.
• Strong experience with Lawson financial systems and Grants Management modules.
• Experience supporting audit preparation and compliance reviews.
• Familiarity with federal and state grant regulations, Uniform Guidance, and audit requirements.
• Leadership & Team Development: 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.
• 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.

Required Skills

• Bachelor’s Degree (Required)

Baystate Health is committed to diversity and inclusivity in the workplace.