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, Rehabilitation Medicine, and Psychiatry & Behavioral Sciences. 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 wil have three core areas of responsiblity.
Partner with principal investigators, administrative/lab staff, and other accounting staff to provide comprehensive financial support on cost reimbursable and fixed price sponsored projects.
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.
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.
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 (20%):
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.
This position will be primarily remote.
All required qualifications must be documented on application materials
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.
Current or past grant-related work in an academic setting.
Understanding of federal and University regulations governing research.
Familiarity with Clinical Research and/or Clinical Trials
University of Minnesota Certified Approver
Experience with University systems such as PeopleSoft HRMS, EFS, UM Reports, ECRT and EGMS.
The University of Minnesota, founded in the belief that all people are enriched by understanding, is dedicated to the advancement of learning and the search for truth; to the sharing of this knowledge through education for a diverse community; and to the application of this knowledge to benefit the people of the state, the nation, and the world.