Financial Compliance Analyst

Apply now Job no: 492789
Work type: Administrative Faculty Full Time
Location: Golden
Categories: Business/Accounting/Finance/Audit, Research Administration/Grants/Proposals

Position Title: Financial Compliance Analyst  
Job Description:

The Financial Compliance Analyst is responsible for the administration of financial components needed to ensure the Office of Research Administration (ORA) complies with federal, state and School fiscal rules and requirements. Specifically, this individual will manage accounts receivables for research consortia, monitor research subcontractors for compliance with financial requirements (i.e. invoicing, reporting, etc.), manage sponsored project cost share requirements, develop and monitor internal service center rates and help in the management of the School’s indirect cost rates. The Financial Compliance Analyst will work closely with other Mines departments, colleges and external sponsors to complete these duties.  The position will provide training for faculty and staff in all financial compliance rules, regulations and processes.

Responsibilities:
  • Manage accounts receivable and cash flow by tracking outstanding invoices and monitoring collection activity. Recommend write-offs for accounts receivables and refer other receivables be sent to collections.
  • Reconcile the sponsored research revenue, expenses and balance sheet activity, including the calculation and accurate recording of deferred revenue.
  • Review, reconcile, and ensure compliance for subrecipient/subcontract financial requirements including invoice monitoring and review of quarterly, annual and final financial reports. Apply monitoring techniques to mitigate risk of non-compliance.
  • Review processes, procedures, and develop best practices to track and report all required cost share for sponsored research. Ensure compliance with Federal and State statutes, regulations, and School policies governing cost share. 
  • Work with ORA Director and Assistant Vice President of Administration to prepare the School’s proposal for the Facilities and Administrative rates. Provide projections for indirect cost revenue and analyze revenue trends.
  • Work with campus constituents and the Controller’s office on the development of new service centers. Monitor existing service centers rates in accordance with federal regulations and School policy.
  • Work with faculty and proposal analysts to develop required small business subcontracting plans and submit interim and final reports in compliance with federal regulations.
Minimum Qualifications:
  • Baccalaureate degree in business, accounting, finance or closely related field
  • Significant and progressive professional experience in either Accounting or Financial Management
  • Excellent oral and written communication skills
  • Fluency in the Microsoft Office Suite, particularly Excel
  • Excellent customer service skills and experience working effectively in a diverse community
  • Experience critically analyzing information and making independent decisions
  • Ability to use and navigate complex databases and enterprise systems
Preferred Qualifications:
  • Experience working with accounts receivables
  • Experience working in an institution of Higher Education
  • Working knowledge of Uniform Guidance, OMB Circulars A-21, A-110, A-133 and other federal regulations and forms
  • Demonstrated familiarity with Banner or other Oracle-based financial systems
Department Description:

The Office of Research Administration’s (ORA) mission is to provide administrative and business support to faculty engaged in the research enterprise. ORA assists with proposal preparation, contract and grant negotiation and acceptance, expense monitoring, financial reporting, billing and accounts receivable and financial closeout of a research project.  ORA also provides training to faculty and staff, initiates and implements policies and procedures, serves as a liaison with project sponsors and ensures compliance with federal, state and School rules, regulations and policies.

How to Apply: Applicants will be asked to complete an online application (personal information, demographic information, references, veterans status) and upload a resume and cover letter (required).
Compensation: Starting salary will be determined by the qualifications of the selected applicant balanced with departmental budget availability, internal salary equity considerations, and available market information. Mines provides an attractive benefits package including fully paid health and dental insurance. Part of Mines' mission is to create a family-friendly environment supported through our dependent tuition benefits, parental leave benefits, and dependent care assistance plan, as well as in special events, camps, and programming. For more information visit: family.mines.edu
Background Investigation Required: Yes

Advertised: Mountain Daylight Time
Applications close: Mountain Daylight Time

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