Financial Analyst II - Innovations and Ventures

Accountabilities

• Analyze financial performance: Prepare, review, and communicate key financial information to support management decisions, operational planning, and the evaluation of business initiatives.

• Manage licensing revenue and invoicing: Prepare and process invoices for third-party licensees, ensuring that amounts owed are calculated accurately and billed according to applicable contractual terms.

• Interpret licensing agreements: Review contracts and license agreements to identify revenue provisions, payment schedules, obligations, and other terms that determine when and how payments should be collected.

• Process inventor distributions: Calculate and administer payments to eligible inventors in accordance with established intellectual property policies and applicable distribution requirements.

• Maintain accurate financial transactions: Manage detailed financial records, verify transaction accuracy, and ensure that invoicing, payment processing, and revenue distributions are completed consistently and reliably.

• Support financial reporting: Prepare and maintain reports related to licensing revenue, invoicing, and inventor distributions, providing clear information to management and relevant stakeholders.

• Contribute to budgeting and forecasting: Assist with budget preparation, budget reviews, compliance monitoring, financial planning, and forecasting activities.

• Provide financial guidance: Support management and colleagues with financial reporting questions, transaction-related issues, and analytical insights that inform operational decisions.

• Collaborate with stakeholders: Consult with management and other departments to support initiatives, interpret financial information, and contribute to the development and implementation of policies and procedures.

• Conduct research and special projects: Perform financial research, investigate discrepancies, resolve conflicts, and support special projects as assigned.

• Use specialized financial systems: Learn and operate dedicated technology transfer and innovation management software to support licensing administration, financial tracking, and reporting.

• Maintain compliance and process quality: Apply relevant accounting practices, contractual requirements, and internal procedures to ensure financial activities are documented appropriately and completed accurately.

• Education and professional experience: Candidates must meet one of the following minimum qualification pathways:

• Bachelor's degree in Business, Healthcare Administration, or a related field, plus at least 2 years of financial management, revenue cycle management, or general analytical experience.

• High school diploma or GED, plus at least 6 years of relevant experience.

• Associate degree, plus at least 4 years of relevant experience.

• Master's degree, plus at least 1 year of relevant experience.

• Completion of a Finance Fellowship with the hiring organization, plus at least 1 year of relevant experience.

• Financial and analytical skills: Ability to analyze financial data, interpret revenue information, evaluate transactions, and produce accurate reports that support sound business decisions.

• Contract interpretation: Ability to review agreements and identify payment obligations, revenue provisions, deadlines, and other financial terms. Experience with licensing agreements or contract-based revenue is particularly valuable.

• Accounting and invoicing knowledge: Familiarity with accounting, billing, invoicing, revenue administration, royalty accounting, licensing, contract administration, or other agreement-based financial processes.

• Attention to detail: Demonstrated reliability and accuracy when processing financial transactions, reviewing contractual terms, calculating distributions, and maintaining financial records.

• Communication and collaboration: Strong written and verbal communication skills, with the ability to explain financial findings, address questions, and wor