Senior Finance Analyst, Innovation Research Analytics
Senior Finance Analyst, Innovation Research Analytics
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1 Vacancy
Job Description
Mass General Brigham relies on a wide range of professionals including doctors nurses business people tech experts researchers and systems analysts to advance our mission. As a not-for-profit we support patient care research teaching and community service striving to provide exceptional care. We believe that high-performing teams drive groundbreaking medical discoveries and invite all applicants to join us and experience what it means to be part of Mass General Brigham.
Job Summary
Responsible for prescribed or ad hoc financial analyses revenue forecasting Institutional budgeting financial modeling development and preparation of monthly close packages and quarterly reports and analytical support for system wide commercialization efforts.Develop reporting using ad hoc data queries from various Innovation and research management databases using MS Excel Access SQL services MicroStrategy Business Intelligence tools and enterprise reporting applications. Create specialized queries to facilitate the analysis of key Innovation financial data for the MGB entities.
Monthly financial reporting to hospitals including financial close reporting on institutional shares
Design and prepare presentations for Innovation senior management to assess progress towards goals and operating priorities as well as performance to budget.
Drive monthly and quarterly reporting of performance metrics and key financial indicators.
Prepare creative analysis of patent spending and expense recovery to support optimal coverage of important intellectual property while prudently controlling costs.
Design new routine and ad hoc financial reports that facilitate the reporting of key patent and license information throughout the MGB research community via MicroStrategy. This will involve combining data from a wide range of sources to monitor and analyze the performance of the patent application and prosecution processes.
Work with detailed multi-year forecasts and growth models for license revenues patent expenditures and recoveries for all MGB entities. Perform scenario analysis with these models to support licensing staff and researchers in their interactions with various external commercial collaborations.
Review and analyze financial and performance data from multiple sources (including the general ledger) in support of facilitate budget analysis and business planning.
Perform internal financial compliance audits as required. In addition facilitate external licensee royalty audits with third party vendors.
Qualifications
Education
- Bachelors Degree Finance required or Bachelors Degree Accounting required and Masters Degree Related Field of Study preferred
Experience
- 3 - 5 years of experience with Financial Analysis and Analytics required
Knowledge Skills and Abilities
Finance Analysis and Reporting
- Familiarity with financial management principles including accounting budgeting and discounted cashflows.
- Aware of impacts of operational decisions on financial outcomes.
- Effectively interprets complex data in order to tell the story of the underlying data.
- Coordination with other financial reporting specialties to synchronize efforts and constantly use best practices
- Familiarity with Microsoft Excel and Powerpoint
Data and analytics
- Demonstrates critical thinking skills and application of data mining principles predictive analytics data mapping andsynthesis from multiple systems. Able to communicate these findings effectively is also essential.
- Ability to break cost components into appropriate buckets for monitoring the cost/benefit tradeoffs associated with keeping IP active domestic versus international filings and ensuring legal expenses are appropriate and within targeted unit costs.
Additional Job Details (if applicable)
Remote Type
Work Location
Scheduled Weekly Hours
Employee Type
Work Shift
EEO Statement:
Mass General Brigham Competency Framework
At Mass General Brigham our competency framework defines what effective leadership looks like by specifying which behaviors are most critical for successful performance at each job level. The framework is comprised of ten competencies (half People-Focused half Performance-Focused) and are defined by observable and measurable skills and behaviors that contribute to workplace effectiveness and career success. These competencies are used to evaluate performance make hiring decisions identify development needs mobilize employees across our system and establish a strong talent pipeline.
Required Experience:
Senior IC
Employment Type
Full-Time
