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Financial Analyst, Post-Award Administration - Office of Research Services

External
upenn logoUpenn · Franklin Building
Full-timeOn-site5d ago
ComplianceFinancial Analysis
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University Overview The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023. Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play. The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more. Posted Job Title Financial Analyst, Post-Award Administration - Office of Research Services Job Profile Title Accountant/Financial Analyst Job Description Summary The Office of Research Services (ORS) Post-Award administration engages with key stakeholders, research administrators, internal and external partners, sponsors, and regulatory agencies throughout the post award lifespan of a sponsored project. The Financial Analyst plays a vital role in the success of research administration at Penn. The Financial Analyst will work closely with the Office of Research Services (ORS) staff and research departments in the Schools and Centers to ensure compliance with sponsor and university invoicing, financial reporting, and other requirements, collaborate with our internal partners to identify ways to improve communication, workflows and efficiencies; ensure post-award controls and processes are operating appropriately; and provide support and guidance on post-award policies and procedures, and developing and delivering University-wide sponsored projects training for research administrators and post-award team members. The Financial Analyst is also responsible for collecting, maintaining and analyzing various post-award financial data, providing ad hoc reports on post-award grant activities to post-award directors and departmental administrators, and assisting with monitoring research compliance. The Financial Analyst works with the Sr. Financial Analyst and the ORS post-award team to develop reports and templates for analysis and operational use, ensure adherence to post-award and University SOP's, and report best practices across post-award. Conducts financial analysis and reporting and tracks key operational metrics to support strategic decision-making. Analyzes financial data, develops models, and provides recommendations by interpreting data. Monitor compliance with accounting rules and controls, participates in audits. Job Description Job Responsibilities Accurately initiates the sponsored programs closeout process, prepares financial statements and billings according to sponsor terms and deadlines; performs a review of GL activity to ensure compliance with circular and sponsor terms and conditions including monitoring spending, reviewing, and reconciling expenses, costs, revenue, EB and F&A, allowable costs, special terms and conditions and PMS activity. Tests for accuracy, completeness, and compliance with federal guidelines and/or other contractual agreements. Assist in developing, maintaining, and identifying new reports, templates, and solutions for operational efficiencies. Assist in development and maintenance and existing tools and procedures for post award closeout processes and research compliance monitoring. Identify areas of need; make recommendations; propose, develop, and implement solutions. Develop and deliver University-wide sponsored projects training for research administrators and post award staff. Support the quarterly monitoring process by organizing data, developing reports, analyzing, and monitoring grant financial data, processes and trends and making corrective action recommendations to improve controls for Penn's Schools and Centers. Assist in organizing sponsored projects financial data, generating reports, and assisting Sr. Analyst in managing the quarterly monitoring meetings with grant manager; collaborating with other internal University partners to ensure service needs are met by providing needed information, guidance and data for other departments and offices across the University. Assist


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