Title:  Financial Analyst

Division:  Medicine
Schedule:  Monday - Friday, 8:00 a.m. to 5:00 p.m.
Work Location:  Hybrid
Salary Range:  $67, 704 - $78,514
FLSA Status:  Exempt
Requisition ID:  11344


The Center for Innovations in Quality, Effectiveness and Safety, is seeking a financial analyst to join our team at Baylor College of Medicine and the Michael E DeBakey VA Medical Center in Houston, TX.


As the largest center for Health Services Research in the Southwest, our mission is to improve health and well-being through innovations in health care delivery. The selected candidate will be an enthusiastic, detail-oriented individual who is passionate about contributing to the field of health services research.


This position is eligible to work a hybrid work schedule, working three days in the office and two days remotely.

Job Duties

  • Negotiate contract terms for clinical trials: developing budgets and outlining deliverables.
  • Manage contract invoicing; follow up on account reconciliation.
  • Analyze and monitor budgets for compliance throughout the year; request budget revisions.
  • Monitor expenses and financial accounts.
  • Perform account reconciliation and makes journal entries.
  • Perform financial analysis and forecasts budgets; prepare routine and specialized financial reports.
  • Interact with all levels of personnel within the departments/division and other financial departments within the institution to resolve issues related to accounting transactions or reconciliation items. 
  • Assist with clearing out deficits, review and confirmation of payments and expenses, residual transfers, and closeout. Provides data to analyze department's cost of research and present to the department leadership.  
  • Meet with the PI as needed to review research finance status. 
  • Oversee spending trends on post-award grant accounts to ensure that budgets are being adhered to and expenses are allowable. 
  • Meet with faculty as needed to proactively plan for spending and proper financial management of grant accounts including ensuring proper credits and debits have been applied to each account. Prepare and review routine finance reports, or monthly or as needed. 

Minimum Qualifications

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


  • Organizational and communication skills.
  • Computer/spreadsheet savvy.



Baylor College of Medicine requires employees to be fully vaccinated -subject to approved exemptions-against vaccine-preventable diseases including, but not limited to, COVID-19 and influenza.


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