Financial Analyst

Georgetown University

9d•$44,022 - $73,407•Remote

About The Position

The Financial Analyst is responsible for all post-award financial reporting requirements on sponsored projects for specified cost centers; billings on awards; account setup, timely and efficient maintenance, and closeout of sponsored projects. The Analyst, under limited direction, researches and interprets applicable regulations, guidelines, and standards, and provides expert advice and oversight to faculty and staff in the administration for sponsored projects; The Analyst will also work on special projects as assigned. The Financial Analyst reports directly to the Manager, Sponsored Projects Accounting and Reporting. The Analyst also works daily with Principle Investigators, Grant Managers, Department Administrators, the Office of Sponsored Projects, the Office of Research Services, as well as federal agencies, other government organizations, and private sponsors. Sponsored research accounts for approximately $200M+ of total University revenues. Financial Analysts handle over 200 active cost centers in multiple departments and processes over 300 financial statements and invoices for over $40M annually. Accurate invoicing and collections directly relates to revenue recognition and ongoing cash position. Errors or lateness of reports, invoices, or other transactions can directly result in lost revenue. Audit comments and findings are disseminated to all agencies doing business with the University and accordingly, current as well as prospective funding can be impacted. Negative findings can and do result in projects not being funded or funding being reduced. Fines or fees may result in delinquent or erroneous reporting. Failure to comply with Federal regulations can result in various negative impacts to the University. Agency audits that identify unallowable costs or incorrect reporting can result in repayment of funds with fines and interest.

Requirements

Bachelor’s degree required.
Two to three years of accounting and analysis experience.
Two to three years working directly with grants and contracts.
Strong accounting skills.
Demonstrated knowledge and skills in computerized financial software.
Demonstrated understanding of research administration processes.
Knowledge of OMB Uniform Guidance [2 CFR 200] and its predecessors OMB Circulars A-110, A-21, A-133, A-122; FAR, PHS Guidelines, DS2 regulations, private agency guidelines, costing principles, and University procedures.
Strong oral and written communication skills.
Strong organizational and time management skills.
Good mathematical and Excel skills.
Effective interpersonal and communication skills.

Nice To Haves

Accounting degree preferred.
Previous work in university or hospital setting with a medical research facility is a plus.

Responsibilities

Responsible for all post-award financial reporting requirements on sponsored projects for specified cost centers.
Responsible for billings on awards.
Responsible for account setup, timely and efficient maintenance, and closeout of sponsored projects.
Researches and interprets applicable regulations, guidelines, and standards.
Provides expert advice and oversight to faculty and staff in the administration for sponsored projects.
Works on special projects as assigned.