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Senior Financial Analyst

Job description

Job Description
The University of Maryland, Baltimore (UMB), Office of Sponsored Projects Accounting and Compliance (SPAC) is currently recruiting for a Senior Sponsored Projects Accounting Financial Analyst.

UMB offers a generous benefits package, which includes 22 vacation days, 14 floating and holidays, 15 sick days; comprehensive health insurance and retirement options; and tuition remission for employees and their dependents at any of the University System of Maryland schools.
The ideal candidate will personally connect with the Administration and Finance Guiding Principles which closely mirror UMB’s core values: Accountability, Civility, Collaboration, Diversity, Excellence, Knowledge, Leadership, Communication, & Work/Life Balance.
Primary Duties:

  • Engage in testing that will provide regular updates of the grants portion of the financial software
  • Responsible to identify and communicate issues relating to software that impact regular operations.
  • Create metrics for quality assurance monitoring to evaluate ongoing SPAC projects and controls for current and future planning.
  • In coordination with the Director identify and documentation of areas for Quantum process improvements and quality assurance.
  • Performs, reviews and analyzes sponsored projects accounting and compliance ensuring completeness, internal accuracy, and conformance with uniform general acceptable accounting practices (GAAP).
  • Maintains performance compliance with University policies and procedures regarding internal, business, fiscal, and operational accountability and compliance.
  • Review accounting entries for compliance with applicable grant and contract terms, regulations, and policies and procedures and conformance with uniform general acceptable accounting practices (GAAP).
  • Identifies and investigates compliance deficiencies.
  • Conduct budget, financial, and/or fiscal reviews and make recommendations.
  • Review financial data for accuracy and clarity
  • Collaborate with management and internal/external partners to support University goals and objectives.
  • Administers and maintains assigned accounts to verify accuracy of transactions and uniform application of policies, procedures, and acceptable standards.
  • Examine and ensure integrity/reliability of the financial accounting system.
  • Work with principal investigators, faculty, or staff members to identify potential ledger discrepancies between financial system and SPAC records, providing statistical information to isolate these areas and recommending new procedures to prevent deviations or undesirable accounting trends.
  • Understand contract, grant and cooperative agreement terms and conditions, as well as other administrative rules, cost principles and regulations under OMB' Uniform Guidance, the FAR and the NIH Grants Policy Statement.
  • Receives, analyzes, and prepares various internal/external financial ledgers, schedules, exhibits and summaries along with any assigned databases utilized for financial reporting.
  • Evaluate financial scope and objectives. Perform testing to accomplish reviews and special projects.
  • Assisting campus SPACs to correct identified deficiencies as needed.
  • Adhere to unit and project activities under prescribed schedule.
  • Utilized quantitative and qualitative approaches to develop financial forecast performance.
  • Conduct budget, financial, and fiscal reviews.
  • Assists in coordination of responses to internal or external agencies, including site visits, desk reviews, and audits. Support management with special projects and workflow process improvements.
  • Performs other duties as assigned.

Education: Bachelors in Accounting, Finance, or Business Administration.
Experience: Three (3) years of financial or management accounting, budget, auditing, assessment of internal controls, financial analysis, or two (2) years of direct sponsored projects accounting, or post-award accounting or lifecycle research administration experience. Higher education environment experience is preferred.
Supervisory Experience: N/A
Certification/Licensure: N/A
Other: N/A
Knowledge, Skills, Abilities:
Knowledge of position requirements. Knowledge of all applicable requirements, regulations, and laws. Skill in effective use of applicable technology/systems. Ability to effectively communicate both verbal and written thoughts, ideas, and facts. Ability to work cooperatively with others and independently.
Hiring Range: Commensurate with education and experience
If accommodations are needed for a disability, please contact Staffing & Career Services at 410-706-2606, Monday – Friday, 8:30am – 4:30pm EST. Maryland Relay can be accessed by dialing 711 (in-state) or 1-800-735-2258.
UMB is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law or policy.

Job: Reg or CII Exempt Staff
Shift: Day Job
Organization: Sponsored Projects Accounting and Compliance
Job Posting: Feb 15, 2021
Unposting Date: Feb 22, 2021, 11:59:00 PM




Diversity Profile: University


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Job No:
Posted: 2/16/2021
Application Due: 2/24/2021
Work Type: Full Time