Financial Assurance Officer - Office of Research, Innovation, & Economic Development - UTK

University of Tennessee•Knoxville, TN

1d•$67,000 - $82,000•Hybrid

About The Position

The Financial Assurance Officer position ensures financial compliance with university fiscal policies and requirements established by Federal, state, and local governments, as well as private entities in relation to sponsored projects. This role involves working with the manager and university officials to keep policies and procedures current with changing requirements. The position will monitor and test the effectiveness of departmental compliance to mitigate risk, identify potential areas of compliance vulnerability, and work with the supervisor to develop corrective action plans for resolution of problematic concerns. Additionally, the Financial Assurance Officer will develop and instruct compliance training programs for UTK. Expenditures for Sponsored Projects is a high-risk area for compliance, managing an average of 2300 WBS elements with expenditures totaling $317M in FY2024. Applicants are expected to report in person or live within a commutable distance for occasional telecommuting work.

Requirements

Applicants are expected to report in person or live within a commutable distance for occasional telecommuting work.

Responsibilities

Ensures financial compliance with university fiscal policies and requirements established by Federal, state, and local governments, as well as private entities in relation to sponsored projects.
Works with the manager and university officials to keep policies and procedures current with changing requirements.
Monitors/tests the effectiveness of departmental compliance to mitigate risk.
Identifies potential areas of compliance vulnerability and works with supervisor to develop corrective action plans for resolution of problematic concerns.
Develops/instructs compliance training programs for UTK.