Under the supervision of the Assistant Administrator/ Finance, coordinates and oversees budgeting activities related to JHU accounts including cost centers, departmental and sponsored budgets, revenues and gift accounts. Assists in financial studies and analysis regarding projected changes in revenues and expenditures. Oversees revenue and expense budgets, including grants and contracts in post award period. Ensures compliance with University and/or agency regulations and restrictions.
May train others in budget related policies and procedures.
Duties and Responsibilities:
Analyzes complex financial data and extracts and defines relevant information; interprets data for the purpose of determining past financial performance and/or to project a financial probability.
Coordinates and develops budgets for research grants and contracts, including revenues and gift accounts. Analyzes budget patterns, projects expenditures, and prepares approved budget. Once a budget is approved then enters it into the COEUS system for routing purposes.
Compiles working papers and approved budgets when an award has been funded. Monitors payroll for the specific faculty and their staff ensuring proper utilization of funds awarded. Performs cost transfers when needed and monitors health insurance on a monthly basis for the area. Financial reports are prepared for budgets, grants, and contracts on a routine basis.
Assists in the development of financial reports for government donors working with SPSS.
Monitors, identifies, and communicates over-expenditures to faculty and Manager. May resolve funding shortfalls. Develops payment schedules to monitor receipt of payments from sponsor.
Keeps abreast of laws and regulations that apply to a particular staff function or field of professional expertise to maintain up-to-date compliance.
Works towards revenue maximization by understanding and overseeing the revenue cycle
Sets up budget accounts once award(s) has been granted or contract(s) signed. Administers the funds ensuring that funds are expended according both to the sponsor and university guidelines.
Confers with appropriate internal Principal Investigator to ensure that required procedures are followed, and provides instruction and answers questions relating to budget procedures. Identifies budget issues, provides alternative solutions, and resolves problems.
Bachelor's degree in finance, accounting, or other related field. One year of related progressively responsible experience. Additional experience may substitute for education. Additional graduate level education may substitute for experience.
Proficiency in the use of software applications, databases, spreadsheets, and/or word processing. Knowledge and skill in Excel, Access, and SAP a plus. On a regular and continuous basis, exercises administrative judgment and assumes responsibility for decisions, consequences, and results having an impact on people, costs, and/or quality of service within the functional area.
Johns Hopkins University remains committed to its founding principle, that education for all students should be grounded in exploration and discovery. Hopkins students are challenged not just to learn but also to advance learning itself. Critical thinking, problem solving, creativity, and entrepreneurship are all encouraged and nourished in this unique educational environment. After more than 130... years, Johns Hopkins remains a world leader in both teaching and research. Faculty members and their research colleagues at the university's Applied Physics Laboratory have each year since 1979 won Johns Hopkins more federal research and development funding than any other university. The university has nine academic divisions and campuses throughout the Baltimore-Washington area. The Krieger School of Arts and Sciences, the Whiting School of Engineering, the School of Education and the Carey Business School are based at the Homewood campus in northern Baltimore. The schools of Medicine, Public Health, and Nursing share a campus in east Baltimore with The Johns Hopkins Hospital. The Peabody Institute, a leading professional school of music, is located on Mount Vernon Place in downtown Baltimore. The Paul H. Nitze School of Advanced International Studies is located in Washington's Dupont Circle area.