FINANCIAL ANALYST SR SPONSOR PROJECTS
About The Position
This position oversees fiscal compliance for sponsored projects, including preparation of sponsor financial reports, sponsor invoicing and receivables management, subrecipient monitoring, and internal controls required for the annual Uniform Guidance audit. The role requires working knowledge of federal grant and other sponsor guidelines to independently assess transaction allowability and address compliance matters. The position communicates compliance guidance across the research administration structure, makes recommendations, and maintains documentation to meet external and sponsor audit requirements. The role also performs post-award accounting, including monthly revenue recognition and billing checks, invoicing, accounts receivable analysis, monitoring research bank account payments, and applying sponsored-project payments in Lawson. It supports department projects and identifies ways to improve business-process efficiency and effectiveness.
Requirements
- Bachelor’s degree in Finance or Accounting and a minimum of five years of accounting/finance-related experience; or a CPA and/or MBA with three years of experience directly overseeing fiscal compliance with sponsored projects or public accounting experience.
- Working knowledge of federal grant guidelines and other sponsor guidelines.
- Ability to independently make decisions regarding transaction allowability and other compliance matters.
- Ability to communicate effectively with others in the research administration structure.
Responsibilities
- Provides final approval for labor cost transfers and grant expense transfers prepared by Research Financial Analysts and approved by Division Administrators, ensuring compliance with sponsor and institutional policies.
- Advises Principal Investigators, Division Administrators, and Research Financial Analysts on expenditure of federal and other sponsored funding.
- Reviews and approves budget transfer requests for compliance with sponsor guidelines.
- Prepares or submits sponsor prior-approval requests, including effort reductions, rebudgeting, and carryforwards.
- Reviews award and contract documentation from OSR and ensures appropriate activity setup in Lawson, including date ranges, budget categories, billing attributes, and audit reporting; works with OSR to resolve issues.
- Monitors subrecipients on federally funded awards by reviewing contracts, committing funds in Lawson, and reviewing invoices for allowability and period of performance; obtains programmatic approval from Principal Investigators, resolves billing concerns, and authorizes invoice payment.
- Maintains records in accordance with federal, state, and sponsor requirements.
- Maintains knowledge of federal grant guidelines and institutional policies affecting sponsored awards and contracts.
- Assists with resolving faculty and staff effort-reporting issues and other grant compliance matters, working with sponsors, Principal Investigators, and OSR as needed.
- Performs final grant-account reconciliation and processing before closeout.
- Prepares accurate financial status reports for external agencies in a timely manner.
- Prepares final closeout documentation for authorization, including the use of unused funds in accordance with sponsor guidelines.
- Participates in the annual Uniform Guidance audit and provides requested documentation to external, agency, or internal auditors.
- Supports the annual Financial Statement audit by providing requested items.
- Assists in developing monitoring tools for high-risk compliance areas, such as salary caps.
- Performs monthly verification checks for appropriate revenue recognition and billing of sponsored research awards.
- Sends invoices for sponsored research awards following the monthly billing process.
- Analyzes outstanding grant-related accounts receivable monthly and communicates balances considered high risk for reserve purposes.
- Monitors the research bank account for payments.
- Applies sponsored-project payments in Lawson.
- Works on department-specific projects as needed.
- Challenges business processes and identifies ways to improve their efficiency and effectiveness.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
