Financial Analyst - Grants Accounting

Job Title: Financial Analyst - Grants Accounting


Division: Therapeutic Innovation Center


Work Arrangement: Hybrid


Location: Houston, TX


Salary Range: $70,618 - $83,080


FLSA Status: Exempt


Work Schedule: Monday - Friday, 8 a.m. - 5 p.m.


Summary

The Therapeutic Innovation Center (THINC) is seeking an experienced Financial Analyst to provide financial analysis, forecasting, and reporting under the direction of the Administrator for THINC. The Financial Analyst supports the Center by providing comprehensive financial management and analysis across all funding sources. This role is responsible for financial planning, reporting, compliance monitoring, and transactional oversight related to internal and external funding for faculty and staff, ensuring alignment with institutional policy and sponsor requirements.

This position may be eligible to work hybrid within the Greater Houston, TX area after a 60-day training period.

Job Duties

• Oversees daily operational and financial activities for THINC, ensuring accuracy, compliance, and timely processing.
• Manages, analyzes, and monitors the Center's annual operating budget, including forecasting and trend analysis.
• Verifies expenditures and conducts routine financial analyses to identify variances, risks, and opportunities.
• Prepares, analyzes, and presents financial reports and dashboards, including variance analyses, for Center leadership.
• Leads the preparation and distribution of monthly financial reports and communicates financial status to stakeholders.
• Manages post-award financial administration for grants, including monitoring expenditures, effort, and compliance with sponsor guidelines.
• Reviews and approves financial transactions and entries, including shopping carts, travel requests, and other financial activities involving Center accounts, ensuring proper expense allocation in accordance with BCM policies and sponsor requirements.
• Maintains PEPT and effort allocation for faculty and staff, including oversight of external awards.
• Oversees expense allocation and effort reporting for faculty and staff supported by external funding.
• Manages contract request submissions and financial components of contractual agreements.
• Submits and tracks capital requests for the department.
• Assists with timekeeping and payroll-related financial processes as assigned.
• Develops and delivers training for administrative and program staff to ensure accurate and compliant financial transactions.
• Identifies opportunities for process improvement, leads implementation efforts, and collaborates with internal stakeholders to enhance financial operations.
• Creates policies and guidelines for department activities. Communicates and monitors policies.
• Performs other job-related duties as assigned.

Minimum Qualifications

• Bachelor's degree in Finance or a related field.
• Two years of relevant experience.

Preferred Qualifications

• Master's degree in a related field (MBA or MHA or equivalent).
• Advanced Microsoft Excel experience.
• Experience with SAP S4 Hana, Microsoft Power BI, and other financial tools.
• Excellent communication skills, ability to work in a fast-paced and flexible work environment.

Work Authorization Requirement:

This position is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States at the time of application and throughout the duration of employment.


Baylor College of Medicine is an Equal Opportunity/Affirmative Action/Equal Access Employer.

Requisition ID: 25300