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$57.5K

$191.3K

$230.5K

How much do director research finance jobs pay per year?

As of Sep 11, 2026, the average yearly pay for director research finance in the United States is $191,320.00, according to ZipRecruiter salary data. Most workers in this role earn between $135,500.00 and $229,000.00 per year, depending on experience, location, and employer.

What is a director research finance?

A Director of Research Finance is a senior professional responsible for overseeing and managing the financial operations of research programs within an organization, typically in academic, healthcare, or scientific settings. They ensure compliance with funding agency regulations, develop budgets, monitor expenditures, and provide financial reporting for grants and contracts. This role also involves strategic planning to support research growth and sustainability, as well as collaborating with researchers, administrators, and external funding agencies. Their expertise helps maximize the impact of research funding and maintain fiscal responsibility.

How does a director research finance typically collaborate with principal investigators and research teams?

A Director of Research Finance works closely with principal investigators (PIs) and research teams to ensure the financial integrity of research projects. They provide guidance on budgeting, help interpret funding agency requirements, monitor expenditures, and assist in resolving financial compliance issues. Frequent meetings and open communication with PIs are essential, as the director translates complex financial regulations into practical steps for research teams. This collaborative approach supports both the success of the research and the institution's financial health.

What are the key skills and qualifications needed to thrive as a director research finance, and why are they important?

To thrive as a Director of Research Finance, you need deep expertise in financial management, research administration, and a strong understanding of regulatory compliance, typically supported by a degree in finance, accounting, or a related field. Proficiency with financial management systems, grants management software, and familiarity with federal and institutional guidelines (such as NIH or NSF regulations) are crucial. Strong leadership, analytical thinking, and effective communication skills set top performers apart in managing teams and collaborating with researchers. These skills ensure accurate financial stewardship, regulatory compliance, and successful support of research initiatives.

What are the most commonly searched types of Research Finance jobs?

The most popular types of Research Finance jobs are:

What are popular job titles related to Director Research Finance jobs?

For Director Research Finance jobs, the most frequently searched job titles are:

Infographic showing various Director Research Finance job openings in the United States as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $191,320 per year, or $92 per hour.

Senior Research Finance Analyst

Springfield, MA • On-site

Baystate Health
See more jobs at Baystate Healthexternal

$85K - $106K/yr

Full-time

Re-posted 15 days ago

Baystate Health rating

6.1

Company rating: 6.1 out of 10

Based on 144 frontline employees who took The Breakroom Quiz

Job description

Baystate Health, a nationally recognized leader in healthcare quality and safety, is seeking an experienced and strategic Senior Research Financial Analyst to play a key role in advancing the financial integrity and operational excellence of a complex, system-wide research portfolio.
This position is ideal for professionals with deep experience in sponsored programs, research finance, or grants administration who are ready to step into a high-impact, subject matter expert role-driving financial accuracy, strengthening compliance, and leading process improvements across the organization.
SCHEDULE:
  • Full-time

LOCATION:
  • Fully remote work opportunity in the following approved states: CT, FL, MD, NH, NC, OH, RI, SC, TN, TX, VT, & VA

RESPONSIBILITIES: Reporting to the Senior Director of Research Operations, you will oversee critical aspects of sponsored program financial management, including complex reporting, audit readiness, compliance oversight, and system optimization. You will serve as a trusted partner to Finance, Sponsored Programs Administration (SPA), and research leadership-while also mentoring junior analysts and championing continuous improvement initiatives.
  • Lead the preparation and review of complex financial reports, reconciliations, and analyses for sponsored programs
  • Oversee financial activity management for BMC and PVLSI, including coordination of year-end audit documentation
  • Ensure compliance with federal, state, and sponsor regulations, proactively monitoring and applying updates to workflows
  • Serve as a subject matter expert in Lawson Grants Management, maintaining system integrity, troubleshooting issues, and driving enhancements
  • Manage invoicing, cash draws, and accounts receivable, ensuring timely billing and collection
  • Prepare, review, and submit journal entries, budget adjustments, and financial corrections
  • Partner with Accounting, SPA, and internal teams to ensure timely activity setup, maintenance, and closeout
  • Identify and lead process improvement initiatives to enhance efficiency, scalability, and reporting accuracy
  • Provide mentorship, guidance, and training to Research Financial Analysts (I & II), fostering a culture of accountability and development
  • Support and lead change management initiatives to improve financial operations and consistency

QUALIFICATIONS:
  • Bachelor's degree in Accounting, Finance, Business or a related field, required
  • 5-7 years of progressive experience in research finance, sponsored programs, or grants administration, required
  • Strong experience with Lawson financial systems and Grants Management modules
  • Experience supporting audit preparation and compliance reviews
  • Familiarity with federal and state grant regulations, Uniform Guidance, and audit requirements. Leadership & Team Development: Ability to mentor and guide staff, fostering a culture of accountability and continuous improvement.
  • Excellent analytical, organizational, and problem-solving skills.
  • Strong communication and interpersonal abilities to collaborate across departments.
  • Ability to manage multiple priorities in a fast-paced environment.
  • Expertise in sponsored program accounting, budgeting, and compliance.
  • Capacity to analyze trends, identify risks, and recommend solutions to support organizational goals.
  • Ability to champion process improvements and adapt to evolving regulatory and operational requirements.

Education:
Bachelors Degree (Required)
Certifications:
Compensation
Note: The compensation range(s) in the table below represent the base salaries for all positions at a given grade across the health system. Typically, a new hire can expect a starting salary somewhere in the lower part of the range. Actual salaries may vary by position and will be determined based on the candidate's relevant experience. No employee will be paid below the minimum of the range. Pay ranges are listed as hourly for non-exempt employees and based on assumed full time commitment for exempt employees.
Minimum - Midpoint - Maximum
$77,064.00 - $88,587.00 - $104,748.00
Equal Employment Opportunity Employer
Baystate Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, ancestry, age, genetic information, disability, or protected veteran status.

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