Senior Grants Financial Specialist-Post Award-3

Meharry Medical College; Vaughan; On-site; CAD 70,000 - 85,000; Full time

Job summary

A leading institution in higher education is seeking a Senior Grants Financial Specialist to oversee financial management for grants. Responsibilities include budget monitoring, financial reporting, and ensuring compliance with regulations, utilizing Workday for all financial transactions. The role demands strong analytical skills and the ability to collaborate with various stakeholders, making it pivotal for the success of grant-funded projects.

Qualifications

• Strong understanding of grant financial management and compliance.
• Experience with financial reporting and budgeting for grants.
• Ability to manage multiple grants simultaneously.

Responsibilities

• Manage financial aspects of grants and ensure compliance with regulations.
• Prepare and review financial reports for accuracy and compliance.
• Oversee grant closeout procedures and manage financial transactions.

Skills

Knowledge of federal regulations

Strong financial principles

Proficiency in Workday

Knowledge of GAAP

Ability to analyze complex financial data

Communication skills

Project management

Attention to detail

Tools

Workday

Microsoft Excel

Job description

Senior Grants Financial Specialist-Post Award-3

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Senior Grants Financial Specialist-Post Award-3

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The Senior Grants Financial Specialist is responsible for managing the financial aspects of grants and sponsored projects, ensuring compliance with institutional policies and sponsor regulations. This role includes budgeting, financial reporting, post-award administration, expense monitoring, and grant closeout processes. The specialist utilizes Workday to process financial transactions, generate reports, manage invoicing, and track grant expenditures. Additionally, the role involves collaborating with principal investigators, administrators, and funding agencies to ensure accurate financial oversight and efficient grant management through the post award life cycle.

• Monitor grant expenditures for compliance with sponsor and institutional guidelines. Ensure appropriate allocation of costs and timely processing of financial transactions. Perform monthly reconciliations and financial reviews to prevent overspending.
• Prepare and review financial reports for accuracy and compliance. Submit financial reports and invoices to funding agencies per grant/award terms. Utilize Workday to generate financial reports, monitor grant expenditures, and track budget performance. Support workflow approvals for grant-related financial transactions within Workday.
• Ensure adherence to federal, state, and institutional regulations. Maintain proper documentation for audit readiness. Assist in resolving compliance issues and responding to audit requests. Work closely with principal investigators, department administrators, and funding agencies. Provide training on financial policies, compliance, and grant administration. Address financial inquires and provide guidance on best practices.
• Oversee grant closeout procedures, including final expense reviews. Ensure all financial obligations are met before project completion. Process required financial and reporting documents for project closure.
• Performs other related duties as assigned.
  
  

Knowledge, Skills And Abilities

• Knowledge of federal, state, and institutional regulations governing grants and sponsored projects
• Strong understanding of financial principles, reporting requirements, and budget monitoring for grant-funded projects
• Proficiency in Workday for financial reporting, invoicing, and grant management
• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Familiarity with closeout procedures, financial reconciliations, and maintaining audit-ready documentation
• Ability to analyze complex financial data, reconcile accounts, and generate accurate financial reports
• Strong ability to review financial transactions, ensuring accuracy and compliance with funding requirements
• Ability to troubleshoot financial discrepancies, resolve grant compliance issues, and implement process improvements
• Strong skills in Workday, Microsoft Excel (pivot tables, VLOOKUPs), and other financial reporting tools
• Effective written and verbal communication skills to interact with PIs, administrators, and funding agencies
• Ability to manage multiple grants, deadlines, and reporting requirements in a fast-paced environment
• Strong ability to handle sensitive financial data with discretion and integrity
• Consistently maintains good attendance and punctuality, ensuring timely completion of financial tasks, reporting deadline, and grant related responsibilities
• Skilled in oral and written communication with a wide range of constituencies
• Skilled in project/program management and budget development, reconciliation, and management
• Ability to coordinate multiple projects and meet internally- and externally- set deadlines
• Ability to work accurately with attention to detail

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Higher Education

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