Financial Analyst Grants

1 Inventa Place Silver Spring, MD 20910

Kids Are Our Everything.

Department

10424 Research Business Office

Pay Range

$54,683.20 - $

About the Role: The Financial Analyst Grants works directly with Business Office Leadership and assigned faculty in the management of financial and compliance activities related to sponsored and non-sponsored programs. The FA performs analysis and projections relating to business or research trends, oversees the development and monitoring of departmental, non-sponsored, discretionary and sponsored budgets, plans and determines costs of business activities;

recommends budget adjustments and other cost improvement measures and close out terminated grants and contracts, transfers funding and produces summary documents. This position ensures that all funding is received and that expenditures do not exceed revenue, develops financial planning and cost analysis reports, meets with faculty to review and ensures compliance with hospital and/or agency regulations and restrictions, and performs comprehensive financial analysis to improve departmental financial effectiveness and compliance with CNRI and/or agency regulations and restrictions.

What You’ll Bring:

Minimum Education
Bachelor’s Degree Finance, Accounting, Business administration, hospital administration, public administration or other business and healthcare related field (Required)

Minimum Work Experience
1-year progressive related experience (Required)

Required Skills/Knowledge
Ability to identify problems and find creative, effective solutions.
Demonstrated aptitude for quantitative analysis.
Excellent verbal and written communication skills.
Ability to handle multiple tasks, meet deadlines and work with confidential materials.
Proficiency in personal computer and related software.
Solid management and organizational skills.
Excellent judgement.
Ability to work with limited supervision.
Experienced with department budget and personnel communication.

Functional Accountabilities:

Responsible Conduct of Research

• Consistently demonstrates adherence to the standards for the responsible conduct of research.
• Plans, conducts and manages research projects within federal and institutional regulations and policies under the direction of the principal investigator.
• Uses research funds and resources appropriately.
• Maintains confidentiality of data as required.
• Meets all annual job-related training and compliance requirements.

Financial Analysis

• Interprets financial data to determine past performance and to project a financial probability.
• Perform analysis on budget performance, investigate variances, provide justification and communicate the PI’s and leaders.
• Ensures that expenditures for budgeted grants and contracts are monitored and that reports are prepared to maintain balanced accounts.
• Develop financial reports for forecasting, trending, and results analysis.
• Monitor, identify and communicate over expenditures to faculty and administrative staff as appropriate. Resolve funding shortfalls.
• Assists in preparation of materials related to audit inquiries for internal, sponsor, federal or state audits.
• Monitors monthly expenditures to ensure the award is being performed in a timely manner and analyze budget patterns and project expenditures so it will not have a deficit.
• Assists in fiscal year end closeout process for grant funding. Assists in researching expense and revenue variances. Seek to resolve any expense posting errors and communicate proper expense allocation as needed.
• Manages all funding, including federal, nonfederal and operational, in each investigator’s portfolio to assist in the strategic decision-making process.

Financial Services

• Review and approve charges, determines the allowability and allocability of charges, verifies…