Finance Professional 3 - Grants & Research Financial Administration Unit: Clinical Neuroscience Administrative Center Classification & Title: 8223GR, Finance Professional 3 Working Title: Sponsored Award Accountant Percent Time: 100% Work Schedule/Hours: Monday - Friday, 8:00am - 4:30pm
Overview: This Finance Professional position is a member of the Clinical Neuroscience Administrative Center's finance team which collectively supports the departments of Neurology, Neurosurgery, PM&R and Psychiatry. This position will be the subject matter expert providing financial, accounting, and analytical expertise for a set of awarded sponsored projects from one or more departments. This position will have three core areas of responsibility:
Partner (30%) • Partnering with principal investigators, administrative/lab staff, and other accounting staff regarding financial services and practices. • Liaise between the principal investigator, Sponsored Projects Administration, Sponsored Financial Reporting, and department staff by interpreting and explaining policy and procedural requirements. • Understand and communicate sponsor and University restrictions regarding PI/staff eligibility, cost sharing, sponsor restrictions, award terms, etc. • Provide support and recommendations regarding administrative requests to the sponsor such as submission of re-budget requests, no-cost extension letters, changes to key personnel, requests for carryover of unspent funds, budget short falls/overruns, as well as subaward activity (e.g. contract set up and amendments). • Advise, draft, or review communications sent on behalf of the principal investigator to ensure and financial integrity.
Report (30%) • Prepare ad hoc, monthly, and annual reports of assigned grants/projects/programs for principal investigators. Reports should include detailed financial analysis to identify areas of concern, provide documentation for audit purposes, and suggest a recommend course of action to resolve any issues. • Facilitate meetings with principal investigators as necessary/requested to discuss award status and advise on related accounting matters.
Monitor (20%) • Communicate regularly with principal investigators regarding necessary distribution changes and cost transfers. Process necessary corrections in a timely fashion. • Coordinate effort certification for assigned faculty and grants. • Monitor awards for compliance concerns (FCOI, RCR, Other Support documentation, use of human subjects or vertebrate animals, etc.). • Monitor, audit and approve/deny expenditures on assigned sponsored and non-sponsored accounts based on administrative requirements of the University and sponsor.
Responsibilities not listed above include (less than 20% in total): • Manage data in the awards database; run reports and queries as needed. • Represent the Center on various committees to share expertise, aid in decision making and communicate information back to the team. • Continue professional development by engaging with relevant courses, workshops, seminars, and training opportunities to stay abreast of evolving practices and policies. • Special assignments and projects as assigned by the Finance Manager or Finance Director.
All required qualifications must be documented on application materials.
Required Qualifications: • BA/BS with major in accounting, finance or business administration plus at least four years of accounting/ administrative experience, or related education and experience to total eight years. • Strong technical, problem solving and process improvement skills. • Analysis skills; ability to gather, organize and present data in a meaningful way. • Demonstrated ability to provide excellent customer service. • Must have excellent critical thinking, decision-making, and communications skills. • Ability to interact with people of all responsibility levels within and external to the U of M. • Proficiency with relevant computer programs including Word, Excel and Adobe.
Preferred Qualifications: • Current or past grant-related work in an academic setting. • Familiarity with federal and University regulations governing research. • Experience as a certified approver. • Familiarity with University systems such as PeopleSoft HRMS, EFS, UM Reports, ECRT and EGMS.
Internal Number: 330550
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