Responsible for analyzing financial information and performing a variety of accounting duties associated with the timely and accurate preparation and reporting of sponsored project financial data, In accordance with applicable accounting standards, Industry regulatory and Institutional principles and policies.
Analyzes award terms and conditions, budget, and sponsor specific guidelines for financial conditions; including but not limited to billing requirements, reporting, and spending restrictions.
Assistant with the setup and review of accounts within the finance system to ensure financial terms are recorded with appropriate key attributes; prepare accounting journals for cost transfers and corrections.
Analyzes and reconcile expenses posted to project cost centers to identify errors or discrepancies and make correction; communicates with sponsors about prior approvals for expenses, no-cost extensions, and other changes affecting the award budget.
Monitor and reconcile facilities and administrative cost and fringe benefit charges posted on sponsored project cost centers.
Monitor budget variance and obtain sponsor approval for deviations not in accordance with the award's terms and conditions.
Collaborate with Principal Investigators and department administrators to ensure accurate and timely processing of financial reports.
Generate invoices and reports for sponsored research projects and follow-up for payments; Use aging reports and send out reminders for outstanding payments; takes action to ensure payments.
Research inquiries from Department Administrators and Principal Investigators regarding financial data, allowable cost and other sponsors restrictions and limitations.
Performs other job-related duties as assigned.
EEO/AA Bachelor's Degree and 1 year experience.
Requires a thorough understanding of both theoretical and practical aspects of an analytical, technical or professional discipline; or the basic knowledge of more than one professional discipline. Knowledge of the discipline is normally obtained through a formal, directly job-related 4 year degree from a college or university or an equivalent in-depth specialized training program that is directly related to the type of work being performed.
Requires a minimum of one (1) years of directly job-related experience.