Grants and Contracts Senior Administrator
Hospital for Special Surgery · New York, NY · 4 days ago
Management$86k–$131k/yrFull-time
Primary Duties
- Serve as the frontfacing financial partner to assigned PIs, providing strategic guidance and responsive support for all aspects of their research portfolios.
- Manage the full financial lifecycle of sponsored awards, including new award setup, ongoing monitoring, and closeout.
- Prepare and present clear analyses of P&L statements, spending trends, and financial risks to PI’s and service line leadership.
- Maintain a deep understanding of each PI’s research activities, funding strategy, and upcoming financial needs.
- Monitor accounts for accuracy, spending patterns, and potential issues requiring corrective action.
- Develop and maintain detailed financial projections for each award and gift, incorporating personnel costs, burn rate, subawards, and planned expenditures.
- Model multiyear scenarios to support decision making and resource planning.
- Prepare projections for renewals, supplemental funding, and closeout planning.
- Alert investigators to key tasks and deadlines within 30 and 60-day windows prior to grant closeout, including spending adjustments, final purchases, and personnel changes.
- Provide clear, concise financial summaries to support portfolio manager recommendations.
- Model multiyear scenarios to support PI planning and service line budgeting.
- Care for coordination with Research Accounting to submit financial reports and closeout packages for sponsors and internal research accounting, ensuring accuracy and completeness in partnership with the PI.
- Support effort reporting by reviewing salary allocations, confirming commitments, and assisting PIs with certification.
- Aid with the financial components of RPPRs and other sponsor progress reports as needed.
- Implement financial adjustments related to no-cost extensions, changes in subawards, changes in scope, and other award modifications.
Skills & Experience
- Bachelor's degree required, preferably in Finance, Business, Public Health or similar type field.
- Masters preferred.
- CRA or similar certification desirable.
- 6-8 years of experience required.
- Strong analytical skills with the ability to interpret complex financial data and communicate insights clearly.
- Ability to translate financial information into actionable guidance for investigators.
- Proactive approach to identifying risks, deadlines, and opportunities within a research portfolio.
- Proficiency with financial systems and spreadsheets; comfort working with large datasets.
- Knowledge of federal Uniform Guidance and sponsor specific regulations preferred.
- Excellent communication and relationship building skills, especially with faculty and research teams.