"FINANCIAL OFFICER I"

Job Description

This position will support the Clinical Research Enterprise/ Clinical Research Support Enterprise and is responsible for providing fiscal and budgetary services to its assigned unit using knowledge of the fundamental concepts, practices and procedures specific to accounting, financial analysis and budgetary processes. Responsible for providing fiscal and budgetary services to an assigned unit. Uses knowledge of the fundamental concepts, practices and procedures specific to accounting, financial analysis and budgetary processes. Manages assigned departmental accounts and provides ongoing financial analysis of departmental accounting functions. Assures proper accounting for state, grant, contract and/or revenue accounts as assigned. Provides analysis of gross expenditures and makes recommendations for maintaining fiscal stability. Assists in developing and administering budgets. May establish and maintain financial management databases and systems which conform to standard accounting practices. Monitors adherence to financial policy and procedure. Develops and provides financial statements and reports to upper management on regular or requested basis. May supervise departmental accounting operations and activities which could include approval and processing of disbursement and internal requisitions. Interacts with vendors and complies with UAB bid policy and procedures. May make decisions regarding the use of financial resources. Provides financial guidance to assigned staff and appropriate University personnel and coordinates integration with University accounting system. May prepare and/or supervise processing of departmental personnel action forms and as well as assume some payroll duties. Acts as liaison with appropriate University financial staff.

Duties and Responsibilities

• Provides analysis of gross expenditures and makes recommendations for maintaining fiscal stability.
• Assists in developing and administering budgets.
• Monitors adherence to financial policy and procedure.
• May supervise departmental accounting operations and activities which could include approval and processing of disbursement and internal requisitions
• Independently develops and provides financial statements and reports associated with the more complex collaborating divisions/departments to upper management on regular or requested basis.
• May establish and maintain financial management databases and systems which conform to standard accounting practices.
• Set up of Greenphire and other payment portals
• Manages (STUDY ACCOUNTS) accounts for more complex collaborating divisions/departments and provides ongoing financial analysis of departmental accounting functions.
• Assures proper accounting for state, grant, contract and/or revenue accounts as assigned.
• Monthly assigned divisions' account
• Reconciliation and Variance Analysis for Department PI Reports P-Card Reconciliation Study Participant Reimbursement Account Close to Residual process
• Accounts Payable/Receivable invoice processing for study-related expenditures
• Reconciliation of sponsor payments
• Acts as liaison with appropriate University financial staff.
• Interacts with vendors and complies with UAB bid policy and procedures.
• Coordination with departments, central finance, and OSP Works as a liaison with Systems team to set up financial tracking systems.
• Responsible for effort reclass entry into Oracle Financial System.
• Responsible for management of travel reimbursement payments to employees Responsible for all operational study related accounts payable
• May make decisions regarding the use of financial resources.
• Provides financial guidance to assigned staff and appropriate University personnel and coordinates integration with university accounting system.
• Financial Associate may prepare and/or supervise processing of departmental personnel action forms and as well as assume some payroll duties.
• May supervise staff (Financial Associate) and have some human resources related responsibilities.
• Perform other duties as assigned

Salary Range

$43890 - $71320

Qualifications

Bachelor's degree in Accounting, Business or a related field and two (2) years of related experience required. Work experience may substitute for education requirement.

Preferred Skills and Knowledge

• Experience in clinical research environment
• Moderate-Advanced Excel experience/skills
• Attention to detail
• Ability to work in a fast-paced environment
• Multi-faceted environment
• Ability to manage and adapt to change in the shifting landscape of clinical research
• Ability to work under minimal supervision