Financial Analyst, Sponsored Accounting and Reporting - Georgetown University
Georgetown University
Application
Details
Posted: 13-Sep-23
Location: Washington, D.C.
Type: Full-time
Salary: Open
Internal Number: 4584706
Financial Analyst, Sponsored Accounting and Reporting - Georgetown University
Located in a historic neighborhood in the nation's capital, Georgetown offers rigorous academic programs, a global perspective, exciting ways to take advantage of Washington, D.C., and a commitment to social justice. Our community is a tight knit group of remarkable individuals interested in intellectual inquiry and making a difference in the world.
Requirements
Financial Analyst, Sponsored Accounting and Reporting - Georgetown University
Job Overview
The Financial Analyst is responsible for 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.
Under limited direction, 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.
As assigned, the Financial Analyst also works on special projects.
Work Interactions
Reporting to the Manager of Sponsored Projects Accounting and Reporting, the Financial Analyst works daily with Principle Investigators, Grant Managers, Department Administrators, the Office of Sponsored Projects, and the Office of Research Services - as well as with federal agencies, other government organizations, and private sponsors.
Impact
Sponsored research accounts for approximately $200M+ of total University revenues. Financial Analysts handle over 200 active cost centers in multiple departments and process more than 300 financial statements and invoices for over $40M annually.
Accurate invoicing and collections directly relate to revenue recognition and ongoing cash position. Errors or lateness of reports, invoices, or other transactions can directly result in lost revenue. Audit comments and findings are disseminated to all agencies doing business with the University and accordingly, current as well as prospective funding can be impacted. Negative findings can and do result in projects not being funded or funding being reduced. Fines or fees may result in delinquent or erroneous reporting.
Failure to comply with federal regulations can result in various negative impacts to the University. Agency audits that identify unallowable costs or incorrect reporting can result in repayment of funds with fines and interest.
Requirements and Qualifications
Bachelor's degree - preference for Accounting major
2 to 3 years of accounting and analysis experience - preference for 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
Preferred qualifications
Work experience in a university or hospital setting
Work experience with medical research facility
Work Mode: Hybrid. Please note that work mode designations are regularly reviewed in order to meet the evolving needs of the University. Such review may necessitate a change to a position's mode of work designation. Complete details about Georgetown University's mode of work designations for staff and AAP positions can be found on the Department of Human Resources Mode of Work Designation.
Current Georgetown Employees:
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Submission Guidelines:
Please note that in order to be considered an applicant for any position at Georgetown University you must submit a cover letter and resume for each position of interest for which you believe you are qualified. These documents are not kept on file for future positions.
Need Assistance:
If you are a qualified individual with a disability and need a reasonable accommodation for any part of the application and hiring process, please click here for more information, or contact the Office of Institutional Diversity, Equity, and Affirmative Action (IDEAA) at 202-687-4798 or ideaa@georgetown.edu.
Need some assistance with the application process? Please call 202-687-2500. For more information about the suite of benefits, professional development and community involvement opportunities that make up Georgetown's commitment to its employees, please visit the Georgetown Works website.
EEO Statement:
Georgetown University is an Equal Opportunity/Affirmative Action Employer fully dedicated to achieving a diverse faculty and staff. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, color, religion, national origin, age, sex (including pregnancy, gender identity and expression, and sexual orientation), disability status, protected veteran status, or any other characteristic protected by law.
Benefits:
Georgetown University offers a comprehensive and competitive benefit package that includes medical, dental, vision, disability and life insurance, retirement savings, tuition assistance, work-life balance benefits, employee discounts and an array of voluntary insurance options. You can learn more about benefits and eligibility on the Department of Human Resources website.
Established in 1789, Georgetown is the nation's oldest Catholic and Jesuit University. Georgetown is one of the world's leading academic and research institutions, offering a unique educational experience that prepares the next generation of global citizens to lead and make a difference in the world.