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Research Finance Manager Jobs in Indiana (NOW HIRING)

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Research Finance Manager information

What does a research finance manager do?

A Research Finance Manager oversees the financial aspects of research projects within an organization, such as a university or research institute. Their responsibilities include budgeting, monitoring expenditures, ensuring compliance with funding agency regulations, and preparing financial reports. They work closely with researchers and administrative staff to make sure grant funds are used properly and efficiently. This role is crucial in supporting the financial health and integrity of research programs.

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

To succeed as a Research Finance Manager, you need expertise in financial management, budgeting, and grant administration, usually supported by a degree in finance, accounting, or a related field. Familiarity with financial software (such as Oracle or SAP), grant management systems, and knowledge of federal compliance regulations is typically required. Strong analytical thinking, attention to detail, and effective communication are essential soft skills for collaborating with researchers and stakeholders. These skills ensure accurate financial oversight, compliance with funding requirements, and the smooth execution of research projects.

What are some of the common challenges faced by a research finance manager when supporting multiple research projects simultaneously?

A Research Finance Manager often oversees the budgets and compliance for several research projects at once, which can be challenging due to varying funding agency requirements and timelines. Balancing the priorities of different principal investigators, tracking expenses across multiple grants, and ensuring timely financial reporting are frequent hurdles. Strong organizational skills, proactive communication with research teams, and up-to-date knowledge of sponsor regulations are essential for success. Effective collaboration with both finance and research staff helps to address issues before they escalate and ensures smooth project operations.

What is the difference between Research Finance Manager vs Financial Analyst?

AspectResearch Finance ManagerFinancial Analyst
CredentialsBachelor's or Master's in Finance, Accounting, or related field; CPA or CFA often preferredBachelor's in Finance, Economics, or related field; CFA beneficial
Work EnvironmentResearch institutions, universities, or corporate R&D departmentsFinancial services firms, corporations, or investment banks
Employer & Industry UsageUsed in academic, research, and corporate research settingsCommon in banking, investment firms, and corporate finance teams

The Research Finance Manager focuses on managing financial aspects of research projects, ensuring funding compliance, and budgeting within research settings. In contrast, a Financial Analyst analyzes financial data to support investment decisions, budgeting, and forecasting. While both roles require strong financial skills and certifications like CFA, their work environments and primary responsibilities differ significantly.

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

The most popular types of Research Finance jobs in Indiana are:

What are popular job titles related to Research Finance Manager jobs in Indiana?

For Research Finance Manager jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Research Finance Manager jobs in Indiana look for?

The top searched job categories for Research Finance Manager jobs in Indiana are:

Full-time

Retirement, PTO

Re-posted 3 days ago


Elanco rating

7.8

Company rating: 7.8 out of 10

Based on 25 frontline employees who took The Breakroom Quiz

50th of 86 rated pharmaceutical


Job description

At Elanco (NYSE: ELAN) - it all starts with animals!
As a global leader in animal health, we are dedicated to innovation and delivering products and services to prevent and treat disease in farm animals and pets. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose - all to Go Beyond for Animals, Customers, Society and Our People.
At Elanco, we pride ourselves on fostering a diverse and inclusive work environment. We believe that diversity is the driving force behind innovation, creativity, and overall business success. Here, you'll be part of a company that values and champions new ways of thinking, work with dynamic individuals, and acquire new skills and experiences that will propel your career to new heights.
Making animals' lives better makes life better - join our team today!
Your Role: R&D Project Manager
As an R&D Project Manager, you will serve as a strategic partner to project leaders, responsible for guiding complex Global R&D projects from concept to completion. You will work at the intersection of science and project execution, interfacing with global teams in Regulatory, Manufacturing, R&D, and Marketing. Your role is critical in ensuring robust, proactive project plans are designed and implemented, helping to manage risk and successfully deliver Elanco's R&D portfolio. This is a role for a strategic thinker who can provide macro-level planning while also managing micro-level details to drive novel scientific developments forward.
Your Responsibilities:
  • Strategic Project & Scope Management: Act as a strategic partner to project leaders by independently managing all project management activities for complex, high-impact development programs. You will guide the execution of deliverables by managing schedules, costs, and performance risks, facilitating scenario planning to develop realistic milestones, and maintaining all scope documentation to ensure alignment with strategic goals.

  • Timeline & Performance Oversight: Take full ownership of the project plan, which includes developing and maintaining up-to-date timelines and process maps. You will identify, manage, and communicate the critical path and leading indicators of progress, monitor performance-to-plan, and proactively guide team action to keep the project on track, ensuring data completeness and quality across all systems.

  • Budget & Financial Partnership: Partner with Finance, functional areas, and geographies to manage the team's overall development budget. This includes consulting with the development team to understand and report on variances, driving re-forecasts, updating budget data in the appropriate tools, and providing the team with a clear understanding of the cost of different development options.

  • Proactive Risk & Contingency Planning: Guide the comprehensive assessment of development risks, establishing robust mitigation and contingency plans with clear ownership. You will proactively identify and communicate risks that may affect the critical path and independently trigger the implementation of contingency plans to avoid or mitigate those risks.

  • Process Improvement & Shared Learning: Advocate for a culture of quality and continuous improvement by generating ideas for new processes and sharing learnings with the team and function. You will identify methods to streamline effectiveness, decrease development cycle times, and ensure the consistent application of PM tools and concepts to ultimately maximize business value.

What You Need to Succeed (minimum qualifications):
  • Education & Experience: A Bachelor's or Master's degree in a scientific or related field with 8-10 years of relevant experience in project management or a related scientific role.

  • Comprehensive Scientific & Regulatory Expertise: A deep understanding of the veterinary drug development process, including the interdependencies of various tasks that require coordination among global teams, functional groups, and third parties. This includes demonstrated experience with regulatory submission processes/requirements and a strong grasp of GCP, GLP, and GMP quality principles.

  • Advanced Project Management & Technical Proficiency: Demonstrated mastery of core project management fundamentals and processes as defined by the Project Management Body of Knowledge (PMBOK). Strong technical proficiency with project management software, the Microsoft Office Suite, and emerging AI platforms is essential.

  • Cross-Functional Influence & Team Leadership: Proven ability to influence without direct authority and guide global, cross-functional teams through complex and ambiguous situations. Possesses strong interpersonal and team-building skills, with a demonstrated ability to develop effective teams with diverse interpersonal styles and deliver effective coaching and feedback.

  • Proactive Problem-Solving & Adaptability: A proactive and anticipatory approach to problem-solving, with the proven ability to anticipate and recognize systemic problems, diagnose root causes, and take corrective action to prevent recurrence. Must be able to demonstrate high flexibility and adjust quickly and effectively to frequent change and altered priorities.

What will give you an advantage (preferred qualifications):
  • PMP or CAPM certification, demonstrating a strong foundation in project management principles.

  • Direct experience in the Animal Health industry.

  • A growth mindset and curiosity, with an eagerness to ask questions and learn rapidly.

  • Proven ability to work effectively both on your own and as a highly collaborative team member.

Additional Information:
  • Travel: Up to 10% annually.

  • Location: Global Elanco Headquarters - Indianapolis, IN - Hybrid Work Environment

Don't meet every single requirement? Studies have shown underrecognized groups are less likely to apply to jobs unless they meet every single qualification. At Elanco we are dedicated to building a diverse and inclusive work environment. If you think you might be a good fit for a role but don't necessarily meet every requirement, we encourage you to apply. You may be the right candidate for this role or other roles!
Elanco Benefits and Perks:
We offer a comprehensive benefits package focusing on financial, physical, and mental well-being while encouraging our employees to pursue our purpose! Some highlights include:
  • Multiple relocation packages

  • Two weeklong shutdowns (mid-summer and year-end) in the US (in addition to PTO)

  • 8-week parental leave

  • 9 Employee Resource Groups

  • Annual bonus offering

  • Flexible work arrangements

  • Up to 6% 401K matching

Elanco is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status
Elanco may use automated tools, including AI, to support parts of our recruitment process, such as reviewing applications against job-related criteria and/or transferrable skills. These tools help ensure a consistent, structured evaluation, but they do not make hiring decisions. All decisions involve a human reviewer. For more information on how we handle personal data, please see our Elanco Workforce Privacy Notice.

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