Financial Services Analyst 2

About the role

The Financial Services Analyst 2 develops and/or oversees research proposals, awards, and transactions related to contract and grant management. This role maintains contract and grant records in compliance with institutional and research sponsor policies.

Responsibilities

• Identify functions or tasks that employees in the job perform.
  • Manage extramural funds.
    • Create new accounts, request new speedtypes, and close old speedtypes.
      • Prepare monthly budget status reports.
        • Project expenditures through the end of the grant year.
          • Identify exceptional items requiring the attention of principal investigators.
            • Prepare quarterly funding portfolio status reports.
              • Analyze funding status reports to assist principal investigators with planning for future spending, identifying potential funding issues, and suggesting solutions.
                • Assist principal investigators, CAOs, and department chairs with decisions regarding salary, staffing, equipment, etc.
                  • Perform monthly verification of payroll expenses.
                    • Aid in payroll funding entries from UCPath system.
                      • Work with AAIII on reconciliation of ledgers with purchasing records.
                        • Serve as reconciliation reviewer for PI accounts.
                          • Monitor expenditure of extramural funds to minimize overdrafts.
                            • Independently prepare payroll transfers and cost transfers.
                              • Work with AAIII to request back-up from Accounting.
                                • Serve as Default Approver in the BearBuy system.
                                  • Advise principal investigators on policies and procedures.
                                    • Close out accounts for completed fund years and finalize financial status reports to funding agencies.
                                      • Aid in the final reconciliation and audit of departmental financial ledgers and reports for both intramural and extramural funds.
                                        • Prepare FSRs in conjunction with Contract & Grants.
                                          • Stay current in changes in NIH and private agency policies.
                                            • Serve as a department resource on procedures and policies relating to the expenditure of extramural funds.