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    Financial Management Award Specialist, Senior - St. Louis, United States - SAINT LOUIS UNIVERSITY

    SAINT LOUIS UNIVERSITY
    SAINT LOUIS UNIVERSITY St. Louis, United States

    2 weeks ago

    Default job background
    Full time
    Description

    Who is Saint Louis University? Founded in 1818, Saint Louis University is one of the nation's oldest and most prestigious Catholic universities. SLU, which also has a campus in Madrid, Spain, is recognized for world-class academics, life-changing research, compassionate health care, and a strong commitment to faith and service.

    All About You

    JOB SUMMARY:

    The Senior Financial Management Award Specialist plays a key role in managing the financial aspects of federally sponsored research projects after they have been awarded. This position involves post-award financial administration, monitoring expenditures, ensuring compliance with funding agency regulations, and collaborating with project teams to support successful project outcomes.

    JOB DUTIES:

    Post-Award Financial Management:

  • Reviews and certifies financial aspects of sponsored research projects after award acceptance
  • Reconciles the financial statements of the award in accordance with SLU policies, federal regulations and generally accepted accounting principles (GAAP)
  • Ensures against financial misstatements in accordance with US GAAP or federal regulations
  • Provides necessary information to external auditors regarding the completeness and accuracy of financial transaction recorded to awards

    • Budget Monitoring:

  • Reviews and certifies project expenditures to ensure compliance with budgetary constraints and federal funding agency regulations, to include accurately forecasting future labor and non-labor grant expenditures
  • Works closely with Grant Operations ("GO") Center post-award specialists and principal investigators to address any budgetary issues or variances
  • Provides financial guidance and approves correcting journal entries in accordance with SLU policies, federal regulations and GAAP

    • Compliance and Regulation:

  • Ensures compliance with funding agency regulations, institutional policies, and generally accepted accounting principles
  • Stays informed about changes in regulations and guidelines affecting post-award financial management
  • Provides necessary information to external auditors regarding the SLU's compliance with federal regulations

    • Subrecipient Monitoring:

  • Collaborates with subrecipients to monitor and review their financial reports and compliance with project budgets
  • Ensures financial subrecipient financial transactions are in accordance with GAAP and federal regulations

    • Closeout Procedures:

  • Oversees the financial aspects of project closeout, including the final review and certification of project expenses, preparation of the financial report, and submission of residual balance entries
  • Issues quarterly reports required by sponsor
  • Works with GO Center post-award specialist and grant accountants to resolve any outstanding financial matters during closeout

    • Communication and Collaboration:

  • Collaborates with GO Center, grant accountants, principal investigators, and other stakeholders to provide financial guidance and support
  • Communicates effectively with internal and external partners regarding financial matters related to sponsored programs

    • KNOWLEDGE, SKILLS & ABILITIES:

  • Familiarity with federal regulations and compliance requirements related to sponsored programs
  • Strong understanding of GAAP accounting, including Accounting Standards Codification 958
  • Proficient in financial software and systems commonly used in research administration
  • Financial reconciliation skills
  • Strong analytical skills
  • Strong organizational skills
  • Strong problem-solving skills
  • Excellent communication and interpersonal skills

    • MINIMUM QUALIFICATIONS:

  • Bachelor's degree in accounting or finance
  • At least 4 years' experience working in a progressive accounting role
  • Public accounting experience, specifically in an auditing organization in accordance with the Office of Management and Budget Compliance Supplement 2 CGR Part 200

    • PREFERRED QUALIFICATIONS:

  • Master of Business Administration (MBA) or Master's degree in accounting or finance
  • Certified Public Accountant (CPA)
  • Previous experience with the Workday Financial Management system
  • Previous experience in post-award financial management for sponsored research program

    • Function

    Accounting

    Scheduled Weekly Hours:

    40

    Saint Louis University is an equal opportunity/affirmative action employer. All qualified candidates will receive consideration for the position applied for without regard to race, color, religion, sex, age, national origin, disability, marital status, sexual orientation, military/veteran status, gender identity, or other non-merit factors. We welcome and encourage applications from minorities, women, protected veterans, and individuals with disabilities (including disabled veterans). If accommodations are needed for completing the application and/or with the interviewing process, please contact Human Resources at

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