Senior Financial Compliance Analyst, Post-Award - Grants & Contracts, Office of Sponsored Programs (Remote Eligible)

University of Virginia • VA

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About The Position

The University of Virginia Office of Sponsored Programs (OSP) Post Award Financial Compliance Team seeks a Grants & Contracts Senior Financial Compliance Analyst reporting to the Assistant Director of Financial Compliance, OSP Post-Award. This position is eligible to be remote. The Post-Award Financial Compliance Team manages a variety of financial compliance related to sponsored programs, ensuring adherence to statutory requirements and guidelines mandated by federal, non-federal and state funded sponsoring agencies. This office partners with schools and units to guide the principal investigators to fulfill their responsibilities related to financial compliance of sponsored programs. This position will provide support as a Financial Analyst in the Post-Award Compliance Team, and Analysts should have a strong focus on financial compliance to minimize the University’s risks related to sponsored awards. The Senior Financial Compliance Analyst participates in implementing and updating systems and applications specifically designed for monitoring financial compliance related to sponsored programs, including distribution and collection of payroll allocation statements. Reviews and analyzes transactions related to cost corrections, sub-awardee invoices, off-cycle employee payments, and others. The position is responsible for monitoring a sub-recipient’s financial performance, including reviewing annual audits and financials of the sub-recipients. The position will assist with the development of various financial reports to review, reconcile and recommend appropriate post-transactional actions. This position will collaborate with all levels of management within the University, analyses, evaluates, summarizes, recommends solutions to comply with sponsor requirements, and addresses other complex financial matters. The ideal candidate must have experience working with complex financial models, as well as a clear understanding of federal and state requirements for financial management of sponsored programs, and requires proficiency with Microsoft Excel and other ad-hoc reporting tools.

Requirements

• Education: Bachelor's degree.
• Experience: Five years of job-related experience in grants and contracts. Four additional years of experience may be accepted in lieu of degree.
• Physical Demands: This is primarily a sedentary job involving extensive use of desktop computers. This role does occasionally require traveling some distance to attend meetings and/or programs.

Nice To Haves

• Education: Degree in a Finance-related field of study.
• Licensure: Certified Research Administrator (CRA) certification, or professional certifications in finance and accounting, such as CMA, CFA, CTP, and/or CPA.

Responsibilities

• Manage post award financials for both routine and complex sponsored awards including contracts, grants, fellowships, cooperative agreements and subcontracts.
• Responsible for ensuring that sponsored research programs are in compliance with University, sponsor, state and federal regulations and offer guidance to faculty, departmental administrators and OSP Post Award group.
• Responsible for verifying and ensuring accuracy of financial transactions on sponsored projects.
• Resolve financial issues with sponsored programs in coordination with the Sponsors, University administrators or faculty and recommend appropriate changes.
• Provide technical and administrative assistance to faculty and administrators on sponsor regulations.
• Work with OSP Post-Award Financial Compliance Assistant Director and Financial Compliance Manager on system upgrades or strategic realignment of the workforce necessary to increase quality and/or efficiency in achieving financial compliance objectives.
• Act as a liaison between Office of Sponsored Programs and units concerning financial and accounting functions and ensure good stewardship over the University's sponsored funding.
• Provide guidance to departments on financial management of sponsored programs and ensure sponsor and University policies and procedures are followed consistently to minimize the University’s risk related to non-compliance with federal requirements.
• Other duties as assigned.

What This Job Offers

• Education Level: Bachelor's degree