Senior Director, Research Finance

Tufts Medical Center is a world-renowned academic medical center that has been providing exceptional care across New England for over two centuries. Our clinicians are dedicated to delivering innovative, patient-centered care every day, from our primary care to our Level I Trauma Center to our leading heart transplant program and over 100 specialties and services. We are also the principal teaching hospital for Tufts University School of Medicine and a leading research institution that conducts game-changing medical and health policy research. 

Reporting to the Sr. Vice President of Finance, the Senior Director is responsible for direction and coordination of research and other special funds financial operations, cost analysis, reimbursement, planning, regulatory compliance, and system administration functions. This specifically comprises hospital restricted and unrestricted net assets such as grants & contracts, permanently and temporarily restricted funds, sundry and gift funds; as well as research business and operations and other hospital funded research program commitments.

Financial operations functions include hospital consolidated financial statement preparation, external sponsor and donor reporting, internal budget to actual project reporting, financial systems data integrity and maintenance, opening and closing awards, and cash flow monitoring. Planning functions include hospital research consolidated budget development and variance reporting, executive-level financial analysis for research strategic planning, Cost analysis & reimbursement functions include data collection and cost analysis necessary for the calculation and negotiation of research federal facilities & administrative cost and fringe benefit reimbursement rates. Compliance functions include monitoring compliance with all required grant regulations and financial reporting standards, initiating policy revisions when required, and maintaining and updating internal grant procedures as necessary. System Administration functions include the on-going operational and informational integrity of the general ledgers, sub-ledgers, special applications, reports, and data bases supporting research and special funds accounting.

The Senior Director, Research and Special Funds Accounting is the chief regulatory specialist for all fiscal requirements associated with federal grants awarded to and administered by Tufts Medicine entities.  

This position is an integral part of the Research Administration team and works collaboratively with the Chief Academic Officer and the Vice President of Research Administration to ensure proper fiscal management of hospital grant and contracts and special funds in all key areas.

The position is a key member of the Tufts Medicine corporate accounting team and works collaboratively with the Corporate Controller the Controller, Director of Reimbursement and staff for proper financial statement reporting and cost accounting of hospital’s research and special funds activities.

The position will work closely with the Vice President of Research Administration and the Vice President of Development to ensure effective internal and external financial reporting and proper management of donor imposed restrictions on philanthropic revenue

Job Description

Minimum Qualifications:

1. Bachelor’s degree in accounting or related field.

2. Fifteen (15) years of progressively responsible research finance accounting experience, including Ten (10) years of management experience.

Preferred Qualifications:

1. Master’s degree in accounting or related field.

Duties and Responsibilities: The duties and responsibilities listed below are intended to describe the general nature of work and are not intended to be an all-inclusive list.  Other duties and responsibilities may be assigned.

1. Directs the fiscal requirements for grants & contracts, sundry and permanently and temporarily restricted funds, and research business & operations management activities, including hospital research consolidated budgeting and reporting, financial reporting to all federal and private foundations, accounts receivable/cash management, management accounting, implementation of internal controls, reporting systems review and maintenance, management of donor imposed restrictions, and audit coordination.

2. Directs various personnel functions including, but not limited to, performance management, operational issues, problem resolution, compliance, time management, and customer service. 

3. Provides monthly/year end consolidated financial reporting of grants, contracts and special funds for the hospital consolidated financial statements.

4. Directs the proposal preparation a