Research Finance is responsible for the fiscal management of grants and contracts in accordance with government regulations, donor requirements, and University policy. Research Finance establishes new grants and analyzes and processes financial data within the Banner general ledger. Research Finance is also responsible for drawing funds from letter of credit agencies, issuing invoices to donors, and cash collections. Every Principal Investigator and College is assigned a dedicated Sponsored Account Analyst as their single point of contact. This position serves as a key resource for the financial management of Federal Contracts and complex grant awards at Northeastern. The position is expected to foster consultative relationships as well as support a professional internal environment, providing award support and training especially in the area of compliance. The Sponsored Account Analyst will exhibit a commitment to customer service. The Sponsored Account Analyst will ensure compliance with Federal, State, and University policies through applying specialized knowledge and interpreting rules, regulations, procedures and policies from funding agencies. The individual is expected to exercise independent judgement and discretion and take initiative in the management of grants and contracts through working collaboratively with PIs, Research Administration staff and other university personnel. Specific responsibilities will include but not be limited to conducting compliance training for new awards, award set up in Banner, monitor budgets, manage the fiscal responsibility of their assigned grant portfolio, create ad hoc reports, resolve issues and interpret policies, interpret financial information in award documents, review and approve expenditure request documents ensuring expenditures are appropriately charged to correct accounts dependent upon grant restrictions, and close out the grant or contract in a timely manner. In order to support the functions of this position, the individual will maintain knowledge of Federal, State and sponsor policies required for proper administration of externally funded research projects; Stay abreast of sponsor rules, regulations and policy changes, as well as institutional best practices in research administration and finance. Participate in sponsored research initiatives and projects as assigned.
Bachelor's Degree in Accounting, Finance, Business Management, Public Administration or related field required. MBA or other related master's degree preferred. Two years of experience working within a university business office or with federal and non-federal grants and contracts in a post-award requirement is required. Working knowledge of major grant administration policies, Federal Regulations (specifically Uniform Guidance and FAR), National Science Foundation and National Institutes of Health grant policies required. Familiarity/experience with other federal funding agencies (ONR, NASA, DOE etc), Commonwealth of Massachusetts, and major foundations desired is recommended. Must be able to manage m ultiple tasks, work collaboratively and have flexibility to adjust to changing priorities. Must have the ability to work effectively under deadline pressures/ time constraints. Must be committed to providing professional, prompt, and courteous service to assigned PIs and departments. Must be able to work effectively in a team oriented environment. Other Skills: Strong working knowledge of Excel required. Ability to independently analyze accounting transactions and reconcile financial information. Familiarity with Banner or another accounting system a plus. Strong oral and written communication skills Ability to independently identify, diagnose and solve problems using sound judgment and decision-making abilities. Critical thinking and decision making skills
Requisition Number: STFR005384
Internal Number: 60774
About Northeastern University
Founded in 1898, Northeastern University is a private research university located in the heart of Boston. Northeastern is a leader in worldwide experiential learning, urban engagement, and interdisciplinary research that meets global and societal needs. Our broad mix of experience-based education programs?our signature cooperative education program, as well as student research, service learning, and global learning?build the connections that enable students to transform their lives. The University offers a comprehensive range of undergraduate and graduate programs leading to degrees through the doctorate in nine colleges and schools.