Financial Analyst for Sponsored Projects Accounting & Reporting, Office of Financial Affairs Georgetown University
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Financial Analyst for Sponsored Projects Accounting & Reporting, Office of Financial Affairs - Georgetown University
The Financial Analyst administers all post-award financial reporting requirements on sponsored projects for specified cost centers; billings on awards; account setup, timely and efficient maintenance, and closeout of sponsored projects. They research and interpret applicable regulations, guidelines, and standards; and provide expert advice and oversight to faculty and staff in the administration for sponsored projects. Reporting directly to the Associate Director for Sponsored Projects & Reporting, the Financial Analyst has duties that include but are not limited to:
Financial Reporting - External Reporting
Review financial data for legitimacy, accuracy and allowability of charges in compliance with Uniform Guidance (2 CFR 200), analyze budgetary line items for material deviation, and prepare and submit Financial Reports for federal, other-governmental, and privately sponsored projects
Coordinate with departments, reviewing submitted documents and submission of timely reports in accordance with sponsor financial reporting specifications
Assist with external audit reviews, and provide financial and project information for awards within assigned areas
Financial Accounting and Compliance
Review ledger accounts for Sponsored Projects (i.e., identify and correct accounting errors, request budget adjustments, etc.); review critical award information set up in the financial system; and work collaboratively with the Office of Sponsored Programs and Office of Research Services (i.e., pre-award offices) of needed budget adjustments or other corrections
Provide monthly overdraft reports to departments within policy timelines, and work with departments to clear overdrafts older than 90 days in accordance with Sponsored Accounting Office Overdraft policy and procedures
Review expenditures charged to sponsored awards for allowability, allocability, and reasonableness as per sponsors' regulations; reconcile University Financial records to final reports; and assist in resolving collection issues and closing out of awards; and request copies of (i.e., technical and invention reports) or prepare final reports (i.e., final financial report, invoice or property reports) required on award
Serve as a resource to faculty, principle investigators, administrators, and finance staff in the administration of sponsored agreements
Provide timely and useful responses to inquiries
Recommend and/or assist supervisor in designing and presenting training packages tailored to department needs
Schedule regular meetings with departments requiring more post award monitoring supervision
Follow up on all communications to departments, principle investigators, and sponsors
Ensure quality control issues are identified and reported to supervisor
Expert Knowledge Maintenance
Maintain sponsored accounting industry knowledge base
Understand and keep current on Federal compliance issues (OMB Uniform Guidance [2 CFR 200] and its predecessors OMB Circulars A-110, A-21, A-133, A-122, PHS guidelines, Federal Demonstration Partnership guidelines, agency-specific guidelines)
Understand and keep current on other governmental and private sponsor guidelines
Understand and keep current on Accounting Standards (FASB, GAAP, etc.)
Understand and keep current on University policies and procedures
Understand and keep current on University financial management systems
Participate in Industry activities as assigned (Federal Demonstration Partnership, Council on Governmental Relations, National Council of University Research Administrators, Society of Research Administrators)
Bachelor's degree - Accounting degree preferred
2 to 3 years of accounting and analysis experience
2 to 3 years of experience working directly with grants and contracts
Strong accounting skills
Demonstrated knowledge and skills in computerized financial software
Demonstrated understanding of research administration processes
Knowledge of OMB Uniform Guidance [2 CFR 200] and its predecessors OMB Circulars A-110, A-21, A-133, A-122; FAR, PHS Guidelines, DS2 regulations, private agency guidelines, costing principles, and University procedures
Strong oral and written communication skills
Strong organizational and time management skills
Good mathematical and Excel skills
Effective interpersonal and communication skills
Previous work in university or hospital setting with a medical research facility
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Georgetown University offers a wide variety of comprehensive and competitive benefits. Benefits packages include comprehensive health, dental and vision plans, disability and life insurance coverage, retirement savings programs, tuition assistance, voluntary insurance options (including group legal, accident, and critical illness), and much more. Whatever your need, the Office of Faculty and Staff Benefits will be standing by to support you. You can learn more about the benefits offered to eligible faculty and staff at https://benefits.georgetown.edu or view the online interactive benefits guide for more information.
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