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Operations Research Analyst Overview

Overall Score 6.0 / 10

• # 6 in Best Business Jobs
• # 10 in Best STEM Jobs
• # 15 in 100 Best Jobs

What is an Operations Research Analyst ?

Operations Research Analysts rank # 6 in Best Business Jobs . Jobs are ranked according to their ability to offer an elusive mix of factors. Read more about how we rank the best jobs.

• Job Market 4.3
• Future Growth 8.5
• Work Life Balance 5.7

How Much Does an Operations Research Analyst Make?

Job satisfaction.

Average Americans work well into their 60s, so workers might as well have a job that's enjoyable and a career that's fulfilling. A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here's how Operations Research Analysts job satisfaction is rated in terms of upward mobility, stress level and flexibility.

Opportunities for advancements and salary

Work environment and complexities of the job's responsibilities

Alternative working schedule and work life balance

How to Become an Operations Research Analyst ?

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Operations Research Analyst

Operations research analysts use mathematics and logic to help organizations make informed decisions and solve problems.

Operations research analysts typically do the following:

• Identify problems in areas such as business, logistics, healthcare, or other fields
• Collect and organize information from a variety of sources, such as databases, sales histories, and customer feedback
• Gather input from workers or subject-matter experts
• Analyze collected data and extract information relevant to the problem being addressed
• Develop and test quantitative models, support software, and analytical tools
• Write memos, reports, and other documents explaining their findings and recommendations for managers, executives, and other officials

Operations research analysts may be involved in many aspects of an organization. For example, they may help managers decide how to allocate resources, develop production schedules, oversee the supply chain, and set prices.

To begin a project, analysts first identify the problem to be solved or the processes to be improved. They typically collect data and interview clients, workers, or others involved in the business processes being examined.

Analysts then break down the problem into its various parts using statistical and database software and analytical techniques, such as forecasting and data mining. They also study the effect that different changes and circumstances would have on each of these parts. For example, to help an airline schedule flights and set ticket prices, analysts may take into account the cities involved, the amount and cost of fuel required, the expected number of passengers, the pilots’ schedules, and the maintenance costs.

Operations research analysts provide alternatives to pursuing different actions and may assist in achieving a consensus on how to proceed. They weigh the costs and benefits of alternative solutions or approaches in their recommendations to managers.

Operations research analysts held about 104,200 jobs in 2021. The largest employers of operations research analysts were as follows:

Some operations research analysts in the federal government work for the Department of Defense, which also employs analysts through private consulting firms.

Operations research analysts spend much of their time in office settings. They may travel to gather information, observe business processes, work with clients, or attend conferences.

Work Schedules

Most operations research analysts work full time.

Operations research analysts typically need at least a bachelor’s degree to enter the occupation. Some employers require or prefer that applicants have a master’s degree. Analysts may need a degree in operations research or a related field, such as applied mathematics.

Operations research analysts typically need at least a bachelor’s degree, but some jobs require a master’s degree. Fields of degree may include operations research or a related field, such as business, mathematics, engineering, or computer science.

Because operations research is based on quantitative analysis, students need extensive coursework in mathematics. Coursework in computer science is important because analysts rely on statistical and database software to assess and model data.

Other Experience

Some operations research analysts are veterans of the U.S. Armed Forces. Certain positions may require applicants to undergo a background check in order to obtain a security clearance.

Operations research analysts typically have an interest in the Thinking, Persuading and Organizing interest areas, according to the Holland Code framework. The Thinking interest area indicates a focus on researching, investigating, and increasing the understanding of natural laws. The Persuading interest area indicates a focus on influencing, motivating, and selling to other people. The Organizing interest area indicates a focus on working with information and processes to keep things arranged in orderly systems.

If you are not sure whether you have a Thinking or Persuading or Organizing interest which might fit with a career as an operations research analyst, you can take a career test to measure your interests.

Operations research analysts should also possess the following specific qualities:

Analytical skills. Operations research analysts use a wide range of methods, such as forecasting, data mining, and statistical analysis, to examine and interpret data.

Communication skills. Operations research analysts need to be able to gather information, which includes interviewing people and listening carefully to the answers. They also need to communicate technical information to people who do not have a technical background.

Critical-thinking skills. Operations research analysts must be able to figure out what information is relevant to their work. They also must be able to evaluate the costs and benefits of alternative solutions before making a recommendation.

Ingenuity. Solutions to operations problems are not usually obvious, and analysts need to be able to think creatively to solve problems.

Interpersonal skills. Operations research analysts typically work on teams. They also need to be able to convince managers and top executives to accept their recommendations.

Math skills. The models and methods used by operations research analysts are rooted in statistics, calculus, linear algebra, and other advanced mathematical disciplines.

Problem-solving skills. Operations research analysts need to be able to diagnose problems on the basis of information given to them by others. They then analyze relevant information to solve the problems.

Writing skills. Operations research analysts write memos, reports, and other documents outlining their findings and recommendations for managers, executives, and other officials.

The median annual wage for operations research analysts was $82,360 in May 2021. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $48,690, and the highest 10 percent earned more than $160,850.

In May 2021, the median annual wages for operations research analysts in the top industries in which they worked were as follows:

Most operations research analysts work full time.

Employment of operations research analysts is projected to grow 23 percent from 2021 to 2031, much faster than the average for all occupations.

About 10,300 openings for operations research analysts are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire. 

As technology advances and companies and government agencies seek efficiency and cost savings, demand for operations research analysis should continue to grow. In addition, increasing demand should occur for these workers in the field of analytics to improve business planning and decision making.

Technological advances have made it faster and easier for organizations to get data. Operations research analysts manage and evaluate data to improve business operations, supply chains, pricing models, and marketing. In addition, improvements in analytical software have made operations research more affordable and applicable to a wider range of areas. More companies are expected to employ operations research analysts to help them turn data into information that managers use to make decisions about all aspects of their business.

For more information about operations research analysts, visit

Institute for Operations Research and the Management Sciences

Military Operations Research Society

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• Operations Research Analysts: Jobs, Career, Salary and Education Information

Operations Research Analysts

Career, salary and education information.

What They Do : Operations research analysts use advanced mathematical and analytical methods to help solve complex issues.

Work Environment : Operations research analysts spend most of their time in offices, although some travel may be necessary to meet with clients. Almost all operations research analysts work full time.

How to Become One : Although the typical educational requirement for entry-level positions is a bachelor’s degree, some employers may prefer to hire applicants with a master’s degree. Analysts typically have a degree in business, operations research, management science, analytics, mathematics, engineering, computer science, or another technical or quantitative field.

Salary : The median annual wage for operations research analysts is $82,360.

Job Outlook : Employment of operations research analysts is projected to grow 23 percent over the next ten years, much faster than the average for all occupations.

Related Careers : Compare the job duties, education, job growth, and pay of operations research analysts with similar occupations.

Following is everything you need to know about a career as an operations research analyst with lots of details. As a first step, take a look at some of the following jobs, which are real jobs with real employers. You will be able to see the very real job career requirements for employers who are actively hiring. The link will open in a new tab so that you can come back to this page to continue reading about the career:

Top 3 Operations Research Analyst Jobs

... of Operations to play a pivotal role in shaping the future of our Research & Analysis (R&A) team. You'll play a key role by leading and managing initiatives that propel the team towards global ...

We are seeking a Senior Operations Research Analyst for our team working on a program at Peterson Space Force Base. Candidates will need to be able to work on site and have an active Top-Secret ...

Operations Research and Systems Analyst NAS Fallon, Fallon, NV - Full-time - Not a remote position Global C2 Integration Technologies is looking for a talented and enthusiastic Operations Research ...

See all Operations Research Analyst jobs

What Operations Research Analysts Do [ About this section ] [ To Top ]

Operations research analysts use advanced mathematical and analytical methods to help organizations solve problems and make better decisions.

Duties of Operations Research Analysts

Operations research analysts typically do the following:

• Identify and solve problems in areas such as business, logistics, healthcare, or other fields
• Collect and organize information from a variety of sources, such as computer databases, sales histories, and customer feedback
• Gather input from workers involved in all aspects of a problem or from others who have specialized knowledge, so that they can help solve the problem
• Examine information to figure out what is relevant to a problem and what methods might be used to analyze it
• Use statistical analysis, simulations, predictive modeling, or other methods to analyze information and develop practical solutions to business problems
• Advise managers and other decisionmakers on the effects of various courses of action to take in order to address a problem
• Write memos, reports, and other documents explaining their findings and recommendations for managers, executives, and other officials

Operations research analysts are involved in all aspects of an organization. They help managers decide how to allocate resources, develop production schedules, manage the supply chain, and set prices. For example, they may help decide how to organize products in supermarkets or help companies figure out the most effective way to ship and distribute products.

Analysts must first identify and understand the problem to be solved or the processes to be improved. Analysts typically collect relevant data from the field and interview clients or managers involved in the business processes being examined. Analysts show the implications of pursuing different actions and may assist in achieving a consensus on how to proceed.

Operations research analysts use sophisticated computer software, such as databases and statistical packages, to analyze and solve problems. Analysts use statistical software to simulate current and future events and evaluate alternative courses of action. Analysts break down problems into their various parts and analyze the effect that different changes and circumstances would have on each of these parts. For example, to help an airline schedule flights and decide what to charge for tickets, analysts may take into account the cities that have to be connected, the amount of fuel required to fly those routes, the expected number of passengers, pilots' schedules, maintenance costs, and fuel prices.

There is no one way to solve a problem, and analysts must weigh the costs and benefits of alternative solutions or approaches in their recommendations to managers.

Because problems are complex and often require expertise from many disciplines, most analysts work on teams. Once a manager reaches a final decision, these teams may work with others in the organization to ensure that the plan is successful.

Work Environment for Operations Research Analysts [ About this section ] [ To Top ]

Operations research analysts hold about 104,200 jobs. The largest employers of operations research analysts are as follows:

Some operations research analysts in the federal government work for the Department of Defense, which also employs analysts through private consulting firms.

Operations research analysts spend much of their time in office settings. They may travel to gather information, observe business processes, work with clients, or attend conferences.

Operations Research Analyst Work Schedules

Most operations research analysts work full time.

How to Become an Operations Research Analyst [ About this section ] [ To Top ]

Get the education you need: Find schools for Operations Research Analysts near you!

Although the typical educational requirement for entry-level positions is a bachelor's degree, some employers may prefer to hire applicants with a master's degree. Because few schools offer bachelor's and advanced degree programs in operations research, analysts typically have degrees in other related fields.

Education for Operations Research Analysts

Many entry-level positions are available for those with a bachelor's degree. However, some employers may prefer to hire applicants with a master's degree.

Although some schools offer bachelor's and advanced degree programs in operations research, some analysts have degrees in other technical or quantitative fields, such as engineering, computer science, analytics, or mathematics.

Because operations research is based on quantitative analysis, students need extensive coursework in mathematics. Courses include statistics, calculus, and linear algebra. Coursework in computer science is important because analysts rely on advanced statistical and database software to analyze and model data. Courses in other areas, such as engineering, economics, and political science, are useful because operations research is a multidisciplinary field with a wide variety of applications.

Continuing education is important for operations research analysts. Keeping up with advances in technology, software tools, and improved analytical methods is vital.

Other Experience for Operations Research Analysts

Some operations research analysts are veterans of the U.S. Armed Forces. Certain positions may require applicants to undergo a background check in order to obtain a security clearance.

Important Qualities for Operations Research Analysts

Analytical skills. Operations research analysts use a wide range of methods, such as forecasting, data mining, and statistical analysis, to examine and interpret data. They must determine the appropriate software packages and understand computer programming languages to design and develop new techniques and models.

Communication skills. Operations research analysts often present their data and conclusions to managers and other executives. They also need to communicate technical information to people without a technical background.

Critical-thinking skills. Operations research analysts must be able to figure out what information is relevant to their work. They also must be able to evaluate the costs and benefits of alternative solutions before making a recommendation.

Interpersonal skills. Operations research analysts typically work on teams. They also need to be able to convince managers and top executives to accept their recommendations.

Math skills. The models and methods used by operations research analysts are rooted in statistics, calculus, linear algebra, and other advanced mathematical disciplines.

Problem-solving skills. Operations research analysts need to be able to diagnose problems on the basis of information given to them by others. They then analyze relevant information to solve the problems.

Writing skills. Operations research analysts write memos, reports, and other documents explaining their findings and recommendations.

Operations Research Analyst Salaries [ About this section ] [ More salary/earnings info ] [ To Top ]

The median annual wage for operations research analysts is $82,360. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $48,690, and the highest 10 percent earned more than $160,850.

The median annual wages for operations research analysts in the top industries in which they work are as follows:

Job Outlook for Operations Research Analysts [ About this section ] [ To Top ]

Employment of operations research analysts is projected to grow 23 percent over the next ten years, much faster than the average for all occupations.

About 10,300 openings for operations research analysts are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Employment of Operations Research Analysts

As technology advances and companies and government agencies seek efficiency and cost savings, demand for operations research analysis should continue to grow. In addition, increasing demand should occur for these workers in the field of analytics to improve business planning and decision making.

Technological advances have made it faster and easier for organizations to get data. Operations research analysts manage and evaluate data to improve business operations, supply chains, pricing models, and marketing. In addition, improvements in analytical software have made operations research more affordable and applicable to a wider range of areas. More companies are expected to employ operations research analysts to help them turn data into information that managers use to make decisions about all aspects of their business.

Careers Related to Operations Research Analysts [ About this section ] [ To Top ]

Data scientists.

Data scientists use analytical tools and techniques to extract meaningful insights from data.

Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues.

Industrial Engineers

Industrial engineers find ways to eliminate wastefulness in production processes. They devise efficient systems that integrate workers, machines, materials, information, and energy to make a product or provide a service.

Logisticians

Logisticians analyze and coordinate an organization's supply chain—the system that moves a product from supplier to consumer. They manage the entire life cycle of a product, which includes how a product is acquired, allocated, and delivered.

Management Analysts

Management analysts, often called management consultants, propose ways to improve an organization's efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.

Market Research Analysts

Market research analysts study market conditions to examine potential sales of a product or service. They help companies understand what products people want, who will buy them, and at what price.

Mathematicians and Statisticians

Mathematicians and statisticians analyze data and apply mathematical and statistical techniques to help solve real-world problems in business, engineering, healthcare, or other fields.

Software Developers

Software developers are the creative minds behind computer programs. Some develop the applications that allow people to do specific tasks on a computer or another device. Others develop the underlying systems that run the devices or that control networks.

More Operations Research Analyst Information [ About this section ] [ To Top ]

For more information about operations research analysts, visit

Institute for Operations Research and the Management Sciences

Military Operations Research Society

A portion of the information on this page is used by permission of the U.S. Department of Labor.

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What does an operations research analyst do?

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What is an Operations Research Analyst?

An operations research analyst applies advanced analytical and mathematical techniques to solve complex problems and optimize decision-making in various industries. These analysts use mathematical modeling, statistical analysis, and computer simulations to analyze and improve organizational processes, systems, and resource allocation. They work with large sets of data and develop mathematical models and algorithms to assist in decision-making, improve efficiency, and maximize outcomes.

Operations research analysts work on a wide range of problems, including supply chain optimization, production planning, scheduling, inventory management, logistics, and facility layout. They use their expertise to formulate and solve mathematical models that represent real-world scenarios, considering factors such as constraints, uncertainties, and objectives. By analyzing data and running simulations, they can evaluate different scenarios and recommend the best course of action to optimize performance, reduce costs, increase productivity, and improve overall operational efficiency.

What does an Operations Research Analyst do?

Operations research applies quantitative methods and analytical techniques to improve processes, systems, and resource allocation in various industries.

Duties and Responsibilities The duties and responsibilities of an operations research analyst can vary depending on the specific industry, organization, and project requirements. However, here are some common responsibilities associated with this role:

• Problem Identification and Formulation: Operations research analysts work closely with stakeholders to understand the objectives and challenges of a given problem or decision-making process. They identify the key variables, constraints, and objectives and translate them into a mathematical or analytical model.
• Data Collection and Analysis: Analysts gather relevant data from various sources, including databases, surveys, and other sources. They clean and preprocess the data, perform statistical analysis, and apply mathematical modeling techniques to derive insights and patterns.
• Mathematical Modeling and Optimization: Operations research analysts develop mathematical models, algorithms, and optimization techniques to represent the problem at hand. They use tools such as linear programming, integer programming, simulation, and other techniques to analyze the model and identify optimal solutions or decision-making strategies.
• Simulation and Scenario Analysis: Analysts utilize simulation tools and techniques to model complex systems and evaluate different scenarios. They run simulations to assess the impact of various decisions, policies, or system changes on performance metrics and outcomes.
• Decision Support and Recommendations: Based on the analysis and optimization results, operations research analysts provide decision support to stakeholders. They interpret the findings, present recommendations, and communicate the implications of different options to assist in informed decision-making.
• Implementation and Monitoring: Analysts collaborate with relevant teams to implement recommended solutions or changes. They may assist in the deployment of new systems, processes, or strategies and monitor their effectiveness to ensure that the desired outcomes are achieved.
• Continuous Improvement and Research: Operations research analysts stay updated with advancements in the field, continuously explore new techniques and methodologies, and contribute to research and development efforts. They seek opportunities for process improvement and provide ongoing support to optimize operations and decision-making.
• Collaboration and Communication: Analysts work collaboratively with cross-functional teams, stakeholders, and subject matter experts. They communicate complex analytical concepts and findings in a clear and concise manner, both verbally and through reports or presentations.

Fields of Work While operations research analysts can be employed in a wide range of industries, their expertise is particularly valuable in sectors that involve complex operational and logistical challenges. Some common fields where operations research analysts are employed include:

• Transportation and Logistics: Operations research analysts play a vital role in optimizing transportation networks, improving route planning, scheduling, and resource allocation for shipping, distribution, and supply chain management.
• Manufacturing and Production: Operations research analysts work on optimizing production planning, inventory management, scheduling, and facility layout to enhance efficiency, reduce costs, and improve productivity in manufacturing and production processes.
• Healthcare: In the healthcare industry, operations research analysts analyze patient flow, resource allocation, hospital scheduling, healthcare delivery optimization, and healthcare resource planning to improve operational efficiency and patient outcomes.
• Finance and Risk Management: Operations research analysts apply mathematical models and optimization techniques to analyze financial markets, portfolio management, risk assessment, and risk management to help financial institutions make informed decisions and mitigate risks.
• Energy and Utilities: Operations research analysts contribute to optimizing energy production and distribution systems, grid management, resource allocation, and demand forecasting to improve energy efficiency and ensure reliable supply.
• Defense and Homeland Security: Operations research analysts work on strategic planning, resource allocation, logistics, and decision support systems to optimize military operations, defense planning, and homeland security initiatives.
• Consulting and Analytics: Many operations research analysts work in consulting firms or analytics companies, where they provide expertise in optimization, decision support, and data analysis to clients across multiple industries.

Types of Operations Research Analysts Operations research analysts can specialize in different areas based on their expertise and interests. Here are some common types of operations research analysts:

• Supply Chain Analyst: Supply chain analysts focus on optimizing supply chain operations, including demand forecasting, inventory management, distribution network design, transportation optimization, and supplier management. They work on improving efficiency, reducing costs, and enhancing overall supply chain performance.
• Production Planning Analyst: Production planning analysts specialize in optimizing production processes, capacity planning, scheduling, and resource allocation. They develop mathematical models and algorithms to determine the optimal production plan, considering factors such as machine capacity, labor availability, material constraints, and customer demand.
• Pricing Analyst: Pricing analysts focus on developing pricing strategies and models to maximize revenue and profitability. They use mathematical optimization and statistical analysis techniques to analyze market demand, competitor pricing, cost structures, and customer behavior, helping organizations set optimal prices for products and services.
• Financial Analyst : Financial analysts apply operations research techniques to financial planning, risk management, portfolio optimization, and investment decision-making. They develop models and algorithms to analyze financial data, evaluate investment options, and optimize financial performance while considering risk factors.
• Healthcare Analyst: Healthcare analysts apply operations research methods to optimize healthcare delivery systems, resource allocation, patient flow, and healthcare quality. They develop models and algorithms to improve hospital operations, appointment scheduling, staffing, and resource utilization in order to enhance patient outcomes and efficiency.
• Risk Analyst: Risk analysts specialize in assessing and managing risks in various industries. They develop mathematical models and simulation techniques to evaluate and mitigate risks associated with supply chain disruptions, financial investments, project management, and other operational areas.
• Decision Support Analyst: Decision support analysts assist organizations in making informed decisions by providing analytical insights and recommendations. They develop decision support systems, models, and visualization tools that help stakeholders understand complex data, evaluate options, and select the best course of action.
• Optimization Analyst: Optimization analysts focus on solving complex optimization problems using mathematical programming techniques. They develop and implement optimization models to address problems such as resource allocation, workforce scheduling, facility location, and network optimization.

Are you suited to be an operations research analyst?

Operations research analysts have distinct personalities . They tend to be investigative individuals, which means they’re intellectual, introspective, and inquisitive. They are curious, methodical, rational, analytical, and logical. Some of them are also conventional, meaning they’re conscientious and conservative.

Does this sound like you? Take our free career test to find out if operations research analyst is one of your top career matches.

What is the workplace of an Operations Research Analyst like?

Operations research analysts typically work in office settings, whether it's within a company or a consulting firm. They may also work remotely or engage in a combination of on-site and remote work, especially in situations where data and analysis can be accessed electronically. Their work involves extensive use of computers and specialized software tools for mathematical modeling, data analysis, and simulation.

Collaboration is an essential aspect of the work environment for operations research analysts. They often work closely with cross-functional teams, including managers, engineers, data scientists, and subject matter experts. This collaboration is important to gather relevant data, understand business processes, and gain insights into the problem or decision-making context. Operations research analysts may participate in meetings, workshops, or project teams to discuss findings, share progress, and align on goals.

The nature of their work also involves data-intensive tasks. Operations research analysts spend a significant amount of time collecting, cleaning, and analyzing data to inform their models and simulations. They use statistical software, programming languages, and database tools to process and manipulate large datasets. Additionally, they apply mathematical modeling techniques and optimization algorithms to derive insights, explore different scenarios, and identify optimal solutions.

In terms of work schedule, operations research analysts typically work full-time, following regular business hours. However, project deadlines or urgent issues may require flexibility and occasional overtime to meet deliverables. The workload can vary depending on the complexity and scope of the projects they are involved in.

Operations Research Analysts are also known as: OR Analyst Operations Analyst

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Supervisory Operations Research Analyst

• Office of Management

Do you have experience managing budget and workforce analysis, modeling, and forecasting activities and tools for a scientific organization?

The Planning and Forecasting Branch (PFB), Office of Planning, Analytics and Evaluation (OPAE), Office of Management (OM), National Heart, Lung, and Blood Institute (NHLBI) is seeking candidates to lead these efforts. This position provides leadership, direction, and supervision of the Branch's programs and responsibilities.

• Serves as primary focal point for NHLBI’s budget and workforce analysis, modeling, and forecasting activities in alignment with NHLBI’s long-range strategic priorities.
• Leads and performs budget reporting, analysis, forecasting, and outyear modeling for the entire Institute’s portfolio including Extramural scientific portfolio, Intramural program, and operational components.
• Leads and performs workforce reporting and analysis including turnover analysis and forecasting, workforce composition reporting, and workload analysis in support of strategic workforce planning and management including personnel review processes.
• Oversees the preparation and presentation of financial analyses, special trend and projection analyses, historical data, and fiscal models to inform funding and policy decisions and communicate to Institute leadership.
• Provides expert statistical and actual data analysis to examine the feasibility and impact of implementing specific policies.
• Serves as the functional product owner for associated analytical and forecasting tools.
• Leads and performs complex statistical and mathematical analyses of critical, long-term resource requirements for various scenarios, options, and resource levels.

Applications must be submitted through USAJobs.gov. Please visit https://www.usajobs.gov/job/790124400 to apply.

The U.S. Department of Health and Human Services (HHS), NIH, and NHLBI are equal opportunity employers committed to equity, diversity, and inclusion.

Research Finance Analyst II, Research Operations

Research administration.

• 1 Boston Medical Center Place, Boston, Massachusetts

Position: Research Finance Analyst II, Finance Administration

Location: Boston, MA

Schedule: 40 hours per week, Hybrid

At Boston Medical Center (BMC), our diverse staff works together for one goal — to provide exceptional and equitable care to improve the health of the people of Boston. Our bold vision to transform health care is powered by our respect for our patients and our commitment to ensure everyone who comes through our doors has a positive experience.

You’ll find a supportive work environment at BMC, with rich opportunities throughout your career for training, development, and growth and where you’ll have the tools you need to take charge of your own practice environment.  

POSITION SUMMARY:

The Research Finance Analyst II is the key sponsored program financial contact for department administrators, principal investigators and BMC central research administration related to monitoring, controlling, and reporting of grants and contracts.  The position performs, on a daily basis, analysis of accounts and communication with the BMC research community, sponsors and central BMC research administration personnel.  The Research Finance Analyst II is responsible for monitoring and communicating about the fiscal management of grants and contracts in accordance with government regulations, donor requirements, and Hospital policy. 

JOB RESPONSIBILITIES:

• The Research Finance Analyst II will be assigned a sponsored projects portfolio, for which he or she performs all grant related post-award functions according to the terms and conditions of the sponsor, including, award setup and update, budget and expense analysis, monthly invoicing, and financial reporting.
• Responsible for communicating with investigators, department administrators regarding post-award financial management of sponsored funds, including spending versus budget, unbilled and billed amounts, aged receivables/collection items, un-reconciled accounts, and deficits.  Meets to review status of accounts.
• Performs all financial closeout functions according to the terms and conditions of the sponsor and Hospital policy, including, reconciliation of the grant, preparation and submission of financial reports, final invoicing, purchase order liquidations, carryover of available funds, and AR follow-up. 
• As necessary communicates with sponsors for problem resolution, outstanding receivables, budget adjustments and information gathering.
• May be responsible for: shared inbox management, accounts receivable management, vendor invoices/uploads, processing journal entries, purchase order management, LOC draw prep, BU salary approvals and monthly invoice/upload, FFR and grant ending notifications, and subrecipient invoice review and payment.
• Assists in supporting internal and external sponsor audits, pulling together supporting documentation and liaising with department staff to meet audit needs.

(The above statements in this job description are intended to depict the general nature and level of work assigned to the employee(s) in this job.  The above is not intended to represent an exhaustive list of accountable duties and responsibilities required).

JOB REQUIREMENTS

• BS/BA or equivalent work experience preferred, preferably in Accounting, Finance, or Business

EXPERIENCE:

• Requires two to five years of relevant work experience, preferably in an Accounting or Financial role

KNOWLEDGE AND SKILLS:

Requires strong computer skills, including a comprehensive knowledge of Microsoft Office, particularly Excel  

• Individual should have strong interpersonal skills with a high degree of analytical ability and capable of communicating effectively, both verbally and written
• The ideal candidate will possess strong deductive reasoning skills and the ability to work both independently and as part of a team are required

JOB BENEFITS:

• Competitive pay
• Tuition reimbursement and tuition remission programs
• Highly subsidized medical, dental, and vision insurance options
• Career Advancement/Professional Development: Access a wealth of ongoing training and development opportunities that will not only enhance your skills but also expand your knowledge base especially for individuals pursuing careers in medicine or biomedical research.
• Pioneering Research: Engage in groundbreaking research projects that are driving the forefront of biomedical science.

ABOUT THE DEPARTMENT:

As the primary teaching hospital for Boston University Chobanian & Avedisian School of Medicine and BU schools of public health and dentistry, intellectual rigor shapes our inquiries. Our research is led by a belief that skin color, zip code, and financial circumstances shouldn’t dictate health.

Boston Medical Center is an Equal Opportunity/Affirmative Action Employer. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to  [email protected]  or call 617-638-8582 to let us know the nature of your request.

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EEO & Accommodation Statement Boston Medical Center is an equal employment/affirmative action employer. We ensure equal employment opportunities for all, without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity and/or expression or any other non-job-related characteristic. If you need accommodation for any part of the application process because of a medical condition or disability, please send an e-mail to [email protected] or call 617-638-8582 to let us know the nature of your request

E-Verify Program Boston Medical Center participates in the Electronic Employment Verification Program. As an E-Verify employer, prospective employees of BMC must complete a background check and receive medical clearance before beginning their employment at the hospital.

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