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Research Accountant

Drexel University

Philadelphia (Philadelphia County)

Remote

USD 54,000 - 82,000

Full time

Yesterday
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Job summary

Drexel University is seeking a Research Accountant to analyze financial data and perform accounting duties for sponsored projects. The ideal candidate will have a Bachelor's degree and experience in research accounting, with effective communication and analytical skills. This full-time role offers a competitive salary and a remote work location.

Qualifications

  • 1-3 years of relevant experience required.
  • Experience in research accounting preferred.
  • Strong verbal and written skills emphasized.

Responsibilities

  • Analyze financial information for sponsored projects.
  • Research inquiries and communicate with internal and external contacts.
  • Prepare journal entries as determined by management.

Skills

Financial Analysis
Accounting Duties
Communication

Education

Bachelor's Degree in Business, Accounting, or Finance

Tools

Microsoft Office 365
Banner Finance
COEUS

Job description

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Job Summary

The Research Accountant is responsible for analyzing financial information and performing a variety of accounting duties associated with the timely and accurate preparation and reporting of sponsored project financial data, in accordance with applicable accounting, industry, regulatory, and institutional principles and policies. Finalist experience and skills will determine final position classification.

Job Summary

The Research Accountant is responsible for analyzing financial information and performing a variety of accounting duties associated with the timely and accurate preparation and reporting of sponsored project financial data, in accordance with applicable accounting, industry, regulatory, and institutional principles and policies. Finalist experience and skills will determine final position classification.

Essential Functions

  • Ability to perform fund set-ups and fund modifications when needed.
  • Research inquiries from Departmental Administrators and Principal Investigators regarding financial data, provide information and act as liaison with other administrative departments to ensure accurate recording of all transactions into the account ledger. Communicate with internal and external contacts to ensure accuracy of post-award support for fund administration. Communicate with sponsors and subcontractors regarding contract and/or budget modifications. Operate as a functional liaison in support of individual faculty, principal investigators, departmental administrators, and others integral to effective management of externally sponsored awards. Work with principal investigators and administrators to ensure accurate and timely processing of financial data.
  • Analyze and reconcile grant funds and accounts to identify errors or discrepancies. Monitor and reconcile F&A charges and Fringe Benefit charges on sponsored project funds; Monitor budget variance and determine sponsor approval from terms and conditions of the award; Maintain the required financial record for each award.
  • Review and approve no-cost extension requests, obtaining the approval from sponsors as necessary.
  • Maintain up-to-date knowledge of sponsor regulations and policies; Understand federal compliance regulations and provide guidance to investigators and Departmental Administrators.
  • Provide assistance to internal and external auditors and prepare supplementary analyses as required by auditors.
  • Prepare account analyses utilizing review of account activity and support documentation.
  • Review source documents (award terms and conditions, award budgets, COEUS budgets, etc.).
  • Prepare journal entries as determined initially by the Manager or Assistant Director and, as experience progresses, as determined by the Research Accountant. Ensure routine journal entries are prepared timely and utilize accounting knowledge, judgment and reconciliation tools to identify transactions requiring non-routine journal entries.

Required Qualifications

  • Minimum of Bachelor's Degree in Business or Accounting or Finance or the equivalent combination of education and work experience.
    • Please review the Equivalency Chart for additional information.
  • Minimum of 1-3 years of relevant experience.
Preferred Qualifications

  • Previous experience in research accounting in a non-profit and/or higher education environment.
  • Demonstrated ability to use Microsoft Office 365 software (Office, Word, Excel, Access, and PowerPoint).
  • Proficiency with Banner Finance, COEUS Lite, COEUS Premium, OnBase imaging system, Hyperion, and Banner WebFinance.
  • Verbal, written, and interpersonal skills.

Physical Demands

  • Typically sitting at a desk/table

Location

  • Remote

Additional Information

This position is classified as Exempt, grade K. Compensation for this grade ranges from $ 54,630.00 to $81,940.00 per year. Please note that the offered rate for this position typically aligns with the minimum to midrange of this grade, but it can vary based on the successful candidate’s qualifications and experience, department budget, and an internal equity review.

Applicants are encouraged to explore the Professional Staff salary structure and Compensation Guidelines & Policies for more details on Drexel’s compensation framework. For information about benefits, please review Drexel’s Benefits Brochure .

Special Instructions to the Applicant

Please make sure you upload your CV/resume and cover letter when submitting your application.

A review of applicants will begin once a suitable candidate pool is identified.

Seniority level
  • Seniority level
    Entry level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Accounting/Auditing and Finance
  • Industries
    Higher Education

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