Costing & Benefits Analyst
Requisition # 2018-8442
Department Costing, Analysis & Policy
Category Financial Services and Procurement
Full-Time / Part-Time Full-Time
The Office of Finance and Treasury has established a new Office of Costing, Analysis, and Policy in order to expand our expertise and capacity in the areas of federal costing; compliance with federal cost regulations and University policy, with a focus on Facilities & Administrative (F&A) costs, recharge centers, and OMB Uniform Guidance; analysis of employee benefits cost trends with an emphasis on medical costs; and broader areas of costing including national issues such as the costs of education and research.
The analyst will be responsible for a range of cost analysis and cost compliance issues, with emphasis on federal sponsored research, OMB Uniform Guidance, and employee benefits. This individual will play an important role in the development and oversight of costing policies. The analyst will provide financial oversight of the University's employee medical, prescription drug, and life insurance programs, and of the Student Health Plan; supports projections of the employee benefits rate and the annual benefits rate proposal to the federal government; and conducts ad hoc costing projects as assigned.
The successful candidate will be someone who thrives in a positive, mission-driven, and results-oriented culture; possesses a strategic and analytical approach to decision-making and problem-solving; demonstrates strong interpersonal and communications skills; and is attuned to organizational culture in an academic environment.
The Office of Finance & Treasury actively searches for staff members of exceptional ability and promise who share in Princeton University's commitment to excellence, and who present a diversity of viewpoints and cultures. We offer varied professional opportunities spanning all aspects of financial management, analysis, and processing in support of the teaching and research mission. As part of the University community, we respect the dignity and individuality of each member while trying to foster a sense of shared experience and common purpose. We are unwavering in our commitment to both diversity and community and embrace the variety of talents, backgrounds, and perspectives of all of our colleagues.
Facilities & Administrative (indirect) costs
Reporting to the Director for Costing and Analysis, the analysts develop the F&A rate and proposals, including coordination with other University units and outside consultants
Uniform Guidance and audit support
Key member of interdepartmental team that reviews and responds to audit findings and compliance issues; policy oversight, maintenance, and improvement; helps maintain our federal Disclosure Statement (DS-2).
Conducts annual reviews of service center and recharge center rates for compliance with federal and University policies; reviews requests for new recharge centers.
Oversees annual rate submission to federal agency; handles internal and external audits of employee benefits costs; monitors consistent treatment of benefits costs with respect to the Uniform Guidance; analyzes data on medical and prescription drug trends to support out-year benefits rate projections; tracks and projects staffing growth primarily as it relates to benefits costs.
- Bachelor's degree
- Three to six years of relevant experience
- Demonstrated expertise in downloading and analyzing large sets of data
- The ability to understand and apply complex regulations, including federal regulations, within a university setting
- The ability to deal with sensitive confidential information with discretion and tact, and to work in a deadline-driven environment
- Excellent written and oral communication skills
- Advanced Microsoft Office suite skills
- Demonstrated ability to balance multiple assignments and adjust readily to changing organizational priorities
- Advanced degree
- Familiarity with PeopleSoft financials or similar ERP system
- Experience in sponsored project administration in a large, complex environment (preferably higher education or health care)
- Familiarity with OMB Uniform Guidance
Princeton University is an Equal Opportunity/Affirmative Action Employer and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability status, protected veteran status, or any other characteristic protected by law. EEO IS THE LAW
Standard Weekly Hours
Eligible for Overtime
Essential Services Personnel (see policy for detail)
Physical Capacity Exam Required
Valid Driver's License Required
Connect With Us! Join our Talent Network to receive updates about working at Princeton.
Princeton University requires all candidates to complete a background check successfully prior to the start of employment. The type and extent of background checks may vary depending on job requirements and/or functions.
Go to our careers site.