Senior Financial Analyst - Grants
Job Summary
The Senior Financial Analyst- Grants provides financial and compliance analysis along with post-award administrative support to College of Science principal investigators (PIs). The College of Science is comprised of six academic departments and is home to 7 institutes and 17 research centers.
Key Responsibilities and Accountabilities
Financial Analysis
- Analyze principal investigators research funding portfolio, including discretionary funding sources, to assist principal investigators in resource and personnel allocation planning
- Generate monthly financial and payroll reports for PI reconciliation
- Partner with PIs to develop comprehensive financial projections of future expenditures including burn rate and personnel forecasts
- Make recommendations to PIs as necessary based on analysis of budget and current expenditures
- Analyze financial and payroll discrepancies to ensure timely corrections
Compliance Analysis
- Analyze PIs' research funding portfolio to ensure continued compliance with uniform guidance, sponsor, and university regulations
- Provide guidance to PIs on cost allowability based on analysis of award terms and conditions
- Review project expenditures, cost transfers, and payroll expenses to ensure proper allocation in accordance with all applicable regulations
- Analyze project budget and actual expenditures for compliance with sponsor specific regulations and make necessary recommendations to PI based on findings
- Analyze student effort allocations on a semester basis to ensure compliance with terms & conditions of the award and budget
Project / Award Administration
- Ensure that the project records (NOGA, Amendments, correspondence, etc.) are kept in good order and filed electronically readily available for review and audit
- Assist PIs with submitting all grant related transactions including but not limited to no-cost extensions, rebudgets, effort reductions, carryovers, advance account requests, closeouts and ad hoc financial reports to sponsors
- Assist PIs with all administrative aspects of an award
- Ensure grant transactions are routed through the appropriate offices and processed in a timely manner
- Work with NU-RES to ensure new awards are properly set up in Banner and added to the PI's portfolio
- Work with PI and Department Business Manager to clear the deficit accounts
Ad hoc Projects/ Reporting
- Assist supervisor with analyzing processes to improve workflow and work efficiencies
- Assist in developing new financial analysis and reporting capabilities for faculty portfolios
Mentorship
- Assist less experienced analysts with complex post award scenarios
- Lead team trainings and utilize expertise to mentor new analysts
Minimum Qualifications
- Bachelor's degree required (Finance or similar major preferred)
- Minimum of 4 years of professional work experience in higher education and/or business setting
- Accounting and finance knowledge and ability to work with budgets required
- Excellent verbal and written communication skills; strong organizational, prioritization and time management skills, including the ability to manage multiple projects and complete tasks for a number of principal investigators and administrators. Strong attention to detail, customer service skills, initiative, flexibility, and the ability to work independently and as a member of a team are required.
- Familiarity with overall federal grant administration is desired
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