Post Award Financial Analyst for Sponsored Projects

UTHealth Houston • Houston, TX

5d • Hybrid

About The Position

The Post Award Financial Analyst provides oversight of all financial activities for the university's sponsored grants and contracts portfolio to ensure compliance with all federal, state, university, and award agencies' rules and regulations. This role analyzes, adjusts, and reports financial activity in accordance with rules and sponsor requirements. The analyst serves as a key resource for principal investigators, project managers, and administrative staff, providing expert guidance on post-award financial management and regulatory compliance. The position requires continuous learning and development of knowledge of Federal, State, Local, and Industry rules and regulations as they relate to sponsored grants and contracts. This is a fast-paced, deadline-driven role that requires strong critical thinking skills and the ability to switch tasks quickly while maintaining excellent customer service. This position is ideal for candidates currently working at a major accounting firm who are in search of a better work-life balance. Training is provided onsite (mandatory), and a hybrid work-from-home schedule is provided after training. UTHealth Houston is Texas’s resource for healthcare education, innovation, scientific discovery, and excellence in patient care.

Requirements

• At least a Bachelor's Degree in finance, accounting, or a related field is required.
• At least 2 years of related experience in finance, accounting, or research administration required.
• Employees must permanently reside and work in the State of Texas.

Nice To Haves

• Master's Degree in finance, accounting, or related field preferred.
• May substitute required education with equivalent years of experience beyond the minimum experience requirement.
• May substitute required experience with equivalent years of education beyond the minimum education requirement.

Responsibilities

• Performs central financial activities needed to ensure timely, accurate, and compliant expenditure of funds for each award in the assigned grants and contracts portfolio. This includes monitoring budgets and expenditures, processing adjustments as needed, aligning with the university's general ledger, and ensuring proper reporting.
• Proactively identify and resolve complex financial discrepancies and potential compliance issues, implementing corrective actions to safeguard the organization from financial risks.
• Collaborates with, and provides expert guidance and instructions to principal investigators, project managers, and administrative staff in schools and departments relating to all grant and contract financial activities.
• Effectively and professionally communicates issues and needed resolutions, which may result in the removal of grant expenses from an award.
• Leads the preparation, analysis, and timely submission of accurate and compliant financial reports to funding agencies.
• Manages or oversees all aspects of grant billing, including reviewing reimbursement requests, vouchers, and drawdowns from funding sources.
• Serves as primary financial liaison to funding agencies to address and resolve all issues and questions.
• Establishes, verifies, and updates award information in the university's financial system.
• Interprets and applies awarding agency terms and conditions to all transactions. Ensures allowability, allocability, and reasonableness under federal, state, university, and granting agency guidelines. Makes the final determination, on behalf of the university, if expenses are allowable on an award.
• Analyzes and prepares responses and supporting documentation as requested by internal and external auditors. May assist with various audit engagements.
• May assist with the drawdown of funds from federal payment management systems.
• May assist with preparation of the annual Schedule of Federal Awards) and State Pass-Through Reporting (SPTR).
• May assist with business systems design, upgrades, and implementations.
• Performs other duties as assigned.

Benefits

• 100% paid medical premiums for our full-time employees
• Generous time off (holidays, preventative leave day, both vacation and sick time – all of which equates to around 37-38 days per year)
• The longer you stay, the more vacation you’ll accrue!
• Longevity Pay (Monthly payments after two years of service)
• Awesome retirement/pension plan
• Free financial and legal counseling
• Free mental health counseling services
• Gym membership discounts and access to wellness programs
• Other employee discounts, including entertainment, car rentals, cell phones, etc.
• Resources for child and elder care

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level