Sponsored Projects Accountant
Nature of Work
Monitors and manages post-award activities of sponsored projects as well as the establishment of project set-ups in the financial accounting system, re-budgeting of funds, invoicing, and financial reporting.
Examples of Work Performed
- Set-ups of new projects in the PeopleSoft grants module to include verifying the appropriate budget lines used in PeopleSoft for sponsored projects by analyzing the terms and conditions of the approved agreement or contract. Assigns attributes such as funding source, revenue type, expense purpose, cost center, billing types, and others based on set-up sheet provided by Office of Sponsored Programs and Research Integrity and have working knowledge of how these codes will affect reporting, billing, and analysis of the grants or contracts.
- Performs updates of project information through amendments affecting the sponsored projects in PeopleSoft.
- Determines if expenditures posted to a project are allowable, allocable, and reasonable regarding expenditures under the terms of the agreement subject to the OMB Circular A-21, 2 CFR 200 (Uniform Guidance), and Cost Principles for Educational Institutions. Also determines what action to take in the discovery of questioned costs. This requires working with the principal investigator, the department administrator, the Office of Sponsored Programs and Research Integrity, and sponsor, as appropriate.
- Prepares monthly billing, ensuring billing guidelines meet the sponsor's requirements in delivery, and attachments, for Federal agencies, State of Colorado Departments, and other sponsoring agencies, based on terms and conditions of the grants or contract. The design of special forms or schedules may be required using Excel or Word. This process often involves working with the principal investigator and the department administrator on special billing conditions and supplementary information requested.
- Minimizes bad debt by monitoring the aging report and sending out late notices in accordance with Sponsored Projects Accounting procedures. Corresponds with the sponsor when delinquent payments are greater than 60 days past due. Starts collection agency process when the decision is made that the sponsor is uncollectible using University resources and methods.
- Accumulates data and prepares a variety of financial reports to sponsors. This includes preparation of specialized financial status reports submitted to Federal, State, local agencies, and private sponsors. Entering information into electronic reporting systems that are unique to the various agencies and compiling statistical data and financial information from system-generated and ad hoc reports, as required by Federal, State, local, and other sponsoring organizations.
- Performs other duties, as required.
Knowledge, Skills, and Abilities
- The accounting duties of this position include analysis and judgment that require sound knowledge and application of principles, concepts, and practices of various accounting fields such as financial accounting, accounting information systems, billing, accounts receivable, account reconciliation, and auditing of grants and contracts in addition to other accounting functions.
- Knowledge of generally accepted accounting principles, Colorado State statutes, and the University's fiscal policies and procedures.
- Intermediate skills with Microsoft Office Suite with an emphasis in Excel.
For the purposes of FLSA this position has been determined to be exempt from (not eligible for) overtime under FLSA.
Salary Range: $40,000.00 - $48,000.00
The University of Colorado, Colorado Springs offers a full benefits package. Information on University benefits programs, including eligibility, is located at http://www.cu.edu/employee-services.
The University of Colorado is committed to providing a safe and productive learning, living and working community. To assist in achieving this goal, we conduct background investigations for all prospective applicants being considered for employment. Background investigations include a criminal history record check, and when appropriate, a financial and/or motor vehicle history check.
Bachelor's degree in Accounting or closely related field.
12 + credit hours of Accounting.
2-3 years related experience.
Experience working in PeopleSoft Finance System including the Grants Module.
Higher education experience in a similar role.
Experience working with and understanding the OMB-A21, A-110 and the 2 CFR 200 (Uniform Guidance).
Special Instructions to Applicants:• Position is open until filled. Applications submitted by June 27, 2017 will receive full consideration. • Applications submitted through email or surface mail will not be considered. Please apply at www.cu.edu/cu-careers. • Upon request, please be prepared to provide five professional references (at least two previous/current supervisors), including their email contact information. • Official Transcripts will be required upon hire.
Application Materials Required:Cover Letter, Resume/CV, List of References
Job Category: Finance and Accounting
Primary Location: Colorado Springs
Department: C0001 -- Colorado Springs Campus - 40101 - UCCS Controller's Office
Posting Date: Jun 13, 2017
Closing Date: Ongoing
Posting Contact Name: Brad Bailey
Posting Contact Email: firstname.lastname@example.org
Position Number: 00734177