Financial Analyst


AP Professionals
Published
September 23, 2024
Job Type
Salary Lower Range
65
Salary Upper Range
70
Salary Option
Yearly
City
Rochester

Description

AP Professionals has been retained to recruit for a unique opportunity. Are you an Analyst that loves to interface with others? The role offers someone with project management, accounting and analysis skills to bring it all together. This is a highly sought after local university hiring someone with excellent critical thinking and customer service skills. There is infinite growth potential, and the organization offers a phenomenal retirement plan along with a hybrid work approach.

Responsibilities

  • Provide excellent service to faculty and staff who are involved in the day-to-day administration of sponsored projects.
  • Develop and maintain comprehensive knowledge of the requirements of sponsored programs administration including the application of Federal cost principles, administrative requirements, and audit requirements (OMB Uniform Guidance); federal acquisition regulations (FAR); NY State guidelines/regulations; and all related organizational policies and procedures.
  • Possess a thorough knowledge of all processes that impact SPA including preparation of journal and budget entries, accounts payable (invoice payment forms, purchase order payments, travel expense reimbursements), accounts receivable, procurement card transactions, payroll and student account adjustments.
  • Work closely with Principal Investigators (PIs) and departmental administrative staff to ensure accurate and timely accounting for all sponsored project activity and resolution of outstanding issues on post-award financial management for a portfolio of grants, contracts, and cooperative agreements, including:
      • Attend project initiation meetings (PIMs) to gain a thorough understanding of the award’s terms and conditions
      • Ensure accuracy of transactions through review and certification of project statements
      • Forecast project balances
      • Prepare internal and external reports
      • Review committed and actual effort for key personnel and determine if fluctuations require sponsor notification
      • Review and approve invoices, employee action forms, and position requisitions
      • Monitor all projects through monthly reporting; make adjustments as necessary; and resolve account deficits and/or issues
  • To enhance understanding of internal and external policies and procedures, as well as raising awareness of the importance of good internal controls importance, assist with or deliver SPA training workshops to PIs, department administrators and others involved in sponsored project administration.
  • Complete special projects and analyses as requested by management.
  • Participate in a minimum of 40 hours of training/professional development annually (or a pro rata amount based on standard working hours) applicable to the employee’s current role.

Education

  • Bachelor's degree in Accounting, Finance, Economics, or related field.
  • CPA or MBA preferred.

Experience

  • At least 5 years of related accounting and financial analysis experience.

Knowledge, Skills, Abilities, and Other Characteristics

  • Knowledge of higher education and/or non-profit sponsored programs administration, accounting practices and procedures preferred.
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