Spon Res Acct/Analyst Sr.

General Summary

This position is responsible for the development and analysis of financial reports, accounting activities and fixed asset related functions. This position will also provide expertise in forwarding the continuous improvement of the Financial Services Operation.

Principal Duties and Responsibilities

Compile and submit all financial reports to outside agencies according to agency's predetermined schedule.

Evaluate and document current and desired business processes.

Responsible for the analysis of all fund activity. Such as, approve all expenditures including, travel, salary, transfers and any other activity charged to a grant. Work with PIs to obtain approvals on payments for subcontract invoices, direct pays, or other invoices. Suspends account activity whenever budgets are exceeded, budget periods have expired, or sponsors become insolvent.Monitor the input, changes to, and maintenance of all automated accounting systems. Evaluate present accounting and operational systems and recommend changes. Perform year-end closing and preparation of audit schedules.Assist internal and external auditors and sponsors (federal & non-federal) in various audits.

Provide Banner functional assistance for General Accounting.

Assist with the ongoing review, maintenance, and revision of department policy and procedure manuals.Perform related Departmental duties as required.

Works to ensure that Eastern Michigan University and /or sub-recipients are fully compliant with sponsor terms and conditions, University policies, and Federal regulations and requirementsProvides appropriate fiscal-management training to the Principle Investigator.

Establish fund for the award and cost share fund, if applicable, in Banner.

Notify PI of established fund(s).

Review, understand and enforce contracts/agreements to determine how funds should be established and the monitoring required for each award assigned to them.

Establish IDC rate and distribution, when applicable. Analyze proposed Indirect Cost (IDC) rates - enter correct rates and distributions into Banner and ensure charges are hitting correctly.Monitor & report lost IDC revenue. Load initial budget into Banner for all new funds (award & cost share) and any supplemental changes that follow during the project period.Transfer cost share funding, if applicable.

Setup billing events, e.g. Accounts Receivable, Invoices, draws, etc. and initiate billings and fiscal reports to sponsors as required and within the time limits as specified in the award.

Monitors, reviews, and takes prompt corrective action to avoid or minimize non-collectible costs when invoices become delinquent.

Analyze proposed Fringe Benefit rates by account code - enter correct percentages into Banner and ensure charges are hitting correctly.Maintain award changes in Banner – PI; Budget; Sponsor award ID; start/end dates; other attribute changes.Payroll redistributions according to PAFs and create/ validate Effort Reports for Federally or indirectly federally funded awards Close fund(s) in Banner.

Assist with A-133 supplemental report that is presented to the Board of Regents.Perform related departmental duties as required.

Minimum Qualifications:

Knowledge and skills in grant/contract financial and administrative management, including interpretation and application of regulatory and financial oversight regulations acquired through the completion of a Bachelor's degree in Business and/or Public Administration is required; Master's preferred.

Knowledge of accounting principles and procedures (GAAP) is required. Four years of experience in professional accounting is required. Two years of directly related experience in grant and contract management support is preferred.

Demonstrated experience in Microsoft Excel is required. Experience in Microsoft Access and/or Crystal is preferred. Knowledge of GASB principles is preferred. Knowledge of Ellucian Banner system is preferred. Knowledge of Office of Budget Management (OMB) A-110,A-21 circulars, and CFR 200 circulars is preferred. Knowledge of the University's Red Flags Rule and Identify Theft Prevention Policy and Procedure is preferred.

Preferred Qualifications:

Special Instructions:

This is a fully in-person role on EMU's main campus.

The starting salary for this position is 61,382-73,413