Financial Assurance Officer: ORIED - UTK

University of Tennessee•Knoxville, TN

8h•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; 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. Expenditures for Sponsored Projects ranks as a high-risk area of exposure for compliance for this university with managing an average of 2300 WBS elements whose expenditures totaled $317M in FY2024. Applicants are expected to report in person or live within a commutable distance for occasional telecommuting work. The University of Tennessee, Knoxville, has shaped leaders, changemakers, and innovative thinkers since its founding in 1794. The university is home to more than 38,000 students and 10,000 statewide employees—the Volunteers—who uphold the university’s tradition of lighting the way for others through leadership and service. UT Knoxville offers over 900 programs of study across 14 degree-granting colleges and schools. As Tennessee’s flagship land-grant university, its footprint spans the entire state. The university holds the highest Carnegie classification for research activity and has deep partnerships with industry leaders and the US Department of Energy’s largest multidisciplinary laboratory, Oak Ridge National Laboratory. The Knoxville campus serves and recruits for UT Knoxville, including the Institute of Agriculture and the Space Institute, as well as the UT Institute of Public Service. UT Knoxville considers its employees its number one asset. With values that focus on work-life balance, compensation, and innovation leadership, all Vols are supported to advance professionally. Employees have access to career development and coaching, continued education, and an extensive list of development and training possibilities. The Volunteer employee experience implements structures and practices to attract and retain top-tier talent, fostering a strong staff community and supporting a culture of involvement and engagement for everyone. The university holds a strong commitment to its land-grant mission of learning and engagement, with a tradition of service and leadership that carries that Volunteer spirit throughout the state and around the world. It has been ranked nationally as “Best Employer for New Graduates,” “One of America’s Best Large Employers,” and “Best Workplace for Women,” and has been designated as “Best Place for Working Parents” by Forbes Magazine.

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