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Sr. Financial Analyst, Research Finance (Finance Research Operations)

Sr. Financial Analyst, Research Finance (Finance Research Operations)

InsideHigherEdBaltimore, Maryland, United States
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We are seeking a Sr. Financial Analyst, Research Finance who will play a critical role in advancing financial strategy and operational excellence within the School of Medicine's research enterprise. This position is responsible for delivering data-driven insights, managing financial models, and supporting the oversight of research service centers to ensure compliance, sustainability, and efficiency.

The Sr. Financial Analyst performs complex analysis and planning to assist management in establishing and controlling budgets, setting financial goals, making projections and meeting fiscal objectives. Performs financial and planning activities in support of various functions, e.g., budgeting, financial planning, revenue and expenditure monitoring against budget, reconciliations and changes, and consolidation. Extracts financial data from various accounting and information systems and generates reports. Performs complex statistical cost and financial analysis of reports and data and prepares reports for management to improve financial performance and compliance. Provides data-based recommendations on critical financial business decisions.

Specific Duties & Responsibilities

  • Interpret data, and review data prepared by others, to evaluate and determine past financial performance and / or make financial projections and assist management in making overall business decisions.
  • Analyze, coordinate and consolidate departmental financial information for the development of the department / divisional annual operating and / or capital budgets and five-year plan.
  • Analyze, extract, and define relevant complex financial data; plan and conduct complex studies to determine cost and financial results of business activities and improve the operational and financial effectiveness of the unit, department, or division. Review financial needs and explore alternative financing methods.
  • Make budget adjustments and implement cost improvement measures. Use appropriate cost rates, such as indirect and benefit rates for proposed budgets. Prepare and present budget proposals to senior management.
  • Create financial systems, structures, and controls for a variety of processes that provide tracking, validation, and reporting. Implement quality control and process improvements for overall business process.
  • Review proposed operating and financial plans, including proposed program increases, estimated costs and expenses to finance proposed programs. Recommend course of action to improve financial performance.
  • Evaluate and analyze capital expenditures proposals, profit plans, operating records and financial statements.
  • Oversee moderately complex to complex budget accounts. Provide oversight for the expenditure of funds, ensuring that funds are expended appropriately and advise stakeholders on required action to resolve funding shortfalls.
  • Keep abreast of laws and regulations that impact compliance and act as a resource for administrative and financial staff.
  • Utilize comprehensive knowledge of applicable laws and regulations and the university's financial accounting system to ensure internal and external compliance.
  • Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and / or format data and / or reports.
  • Other duties as assigned.

Service Center Oversight & Compliance

  • Oversee financial operations of research service centers, including rate development, usage tracking, cost recovery, and sustainability modeling.
  • Ensure compliance with institutional policies and federal regulations (e.g., Uniform Guidance, NIH / NSF cost principles).
  • Lead reviews of service center policies and procedures to identify transformation opportunities and ensure alignment with institutional standards.
  • Perform reconciliation and classification of Service Center Expense (SCE) codes to accurately attribute SOM contributions and service-related revenue.
  • Reporting, Visualization & Strategic Collaboration

  • Prepare and validate financial datasets to support dashboard development and performance tracking.
  • Deliver clear, actionable insights through regular and ad hoc reporting for internal stakeholders.
  • Collaborate with Research Management Services (RMS) and other departments to gather requirements and deliver analytical insights that support operational and strategic initiatives.
  • Contribute to data-driven strategies for optimizing research finance operations, cores, and shared services.
  • Minimum Qualifications

  • Bachelor's Degree in Finance, Accounting, Business or a related field.
  • Five years of progressively responsible related financial experience.
  • Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma / graduation equivalent, to the extent permitted by the JHU equivalency formula.
  • Preferred Qualifications

  • Master's Degree in Finance, Accounting, business or related field
  • Experience with ERP systems (e.g., Workday, Oracle, SAP), grants management tools, and SQL or Python for data analysis.
  • Experience with data visualization tools (e.g., Tableau, Power BI).
  • Familiarity with research service centers, recharge centers, and shared resource operations in higher education or medical institutions.
  • Technical Qualifications & Specialized Certifications

  • Strong analytical and modeling capabilities, including extensive knowledge of Microsoft Office products.
  • Technical Skills & Expected Level of Proficiency

  • Analytical Skills - Intermediate
  • Budgeting - Intermediate
  • Data Extraction and Reporting - Intermediate
  • Financial Analysis and Reporting - Intermediate
  • Financial Controls - Intermediate
  • Financial Planning - Intermediate
  • Financial Software - Intermediate
  • Regulatory Compliance - Intermediate
  • Statistical Analysis for Finance - Intermediate
  • The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs.

    Classified Title : Sr. Financial Analyst

    Job Posting Title (Working Title) : Sr. Financial Analyst, Research Finance (Finance Research Operations)

    Role / Level / Range : ATP / 04 / PD

    Starting Salary Range : $62,900 - $110,100 Annually ($86,500 targeted; Commensurate w / exp.)

    Employee group : Full Time

    Schedule : Mon-Fri, 8.30am-5.00pm

    FLSA Status : Exempt

    Location : Hybrid / School of Medicine Campus

    Department name : SOM Admin Finance Research Operations

    Personnel area : School of Medicine

    Total Rewards

    The referenced base salary range represents the low and high end of Johns Hopkins University's salary range for this position. Not all candidates will be eligible for the upper end of the salary range. Exact salary will ultimately depend on multiple factors, which may include the successful candidate's geographic location, skills, work experience, market conditions, education / training and other qualifications. Johns Hopkins offers a total rewards package that supports our employees' health, life, career and retirement. More information can be found here : https : / / hr.jhu.edu / benefits-worklife / .

    Education and Experience Equivalency

    Please refer to the job description above to see which forms of equivalency are permitted for this position. If permitted, equivalencies will follow these guidelines : JHU Equivalency Formula : 30 undergraduate degree credits (semester hours) or 18 graduate degree credits may substitute for one year of experience. Additional related experience may substitute for required education on the same basis. For jobs where equivalency is permitted, up to two years of non-related college course work may be applied towards the total minimum education / experience required for the respective job.

    Applicants Completing Studies

    Applicants who do not meet the posted requirements but are completing their final academic semester / quarter will be considered eligible for employment and may be asked to provide additional information confirming their academic completion date.

    Background Checks

    The successful candidate(s) for this position will be subject to a pre-employment background check. Johns Hopkins is committed to hiring individuals with a justice-involved background, consistent with applicable policies and current practice. A prior criminal history does not automatically preclude candidates from employment at Johns Hopkins University. In accordance with applicable law, the university will review, on an individual basis, the date of a candidate's conviction, the nature of the conviction and how the conviction relates to an essential job-related qualification or function.

    Diversity and Inclusion

    The Johns Hopkins University values diversity, equity and inclusion and advances these through our key strategic framework, the JHU Roadmap on Diversity and Inclusion .

    Equal Opportunity Employer

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

    EEO is the Law

    https : / / www.eeoc.gov / sites / default / files / 2023-06 / 22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf

    Accommodation Information

    If you are interested in applying for employment with The Johns Hopkins University and require special assistance or accommodation during any part of the pre-employment process, please contact the Talent Acquisition Office at jhurecruitment@jhu.edu . For TTY users, call via Maryland Relay or dial 711. For more information about workplace accommodations or accessibility at Johns Hopkins University, please visit https : / / accessibility.jhu.edu / .

    Vaccine Requirements

    Johns Hopkins University requires all faculty, staff, and students to receive the seasonal flu vaccine. Exceptions to the flu vaccine requirements may be provided to individuals for religious beliefs or medical reasons. Requests for an exception must be submitted to the JHU vaccination registry.

    The following additional provisions may apply, depending upon campus. Your recruiter will advise accordingly.

    The pre-employment physical for positions in clinical areas, laboratories, working with research subjects, or involving community contact requires documentation of immune status against Rubella (German measles), Rubeola (Measles), Mumps, Varicella (chickenpox), Hepatitis B and documentation of having received the Tdap (Tetanus, diphtheria, pertussis) vaccination. This may include documentation of having two (2) MMR vaccines; two (2) Varicella vaccines; or antibody status to these diseases from laboratory testing. Blood tests for immunities to these diseases are ordinarily included in the pre-employment physical exam except for those employees who provide results of blood tests or immunization documentation from their own health care providers. Any vaccinations required for these diseases will be given at no cost in our Occupational Health office.

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    Sr Financial Analyst • Baltimore, Maryland, United States

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