Sponsored Award Accountant 1 - Sponsored Project Accounting(5 Openings)

UT Health Sciences; Memphis (TN); On-site; USD 51,000 - 72,000; Full time

Job summary

UT Health Sciences in Memphis, TN is seeking a Sponsored Award Accountant to manage the financial lifecycle of sponsored awards, from setup to closeout, with authority to certify financial reports and invoices within delegated limits.

The role requires knowledge of the Uniform Guidance, GAAP, and strong financial communication skills, with a Bachelor’s in accounting or related field and at least two years of accounting experience (Master’s may substitute).

Qualifications

• Bachelor’s degree with transcript is required.
• Two years accounting experience or a Master’s degree in lieu of experience.
• Ability to interpret sponsor terms and ensure proper financial treatment.

Responsibilities

• Establishs awards from the abstract and ensure accurate setup.
• Monitors expenditures for allowability, allocability, and sponsor terms.
• Prepares and submits accurate financial reports by sponsor deadlines.
• Reviews and certifies invoices and financial reports within delegated authority.
• Reviews cost transfers for documentation and allowability.
• Identifies and resolves financial errors, deficits, and unreconciled items.
• Reconciles project expenditures and resolves commitments and receivables.
• Verifies final effort certification and cost share documentation.
• Advises PIs on sponsored award financial requirements and compliance.

Skills

Uniform Guidance

GAAP

Financial analysis

Reconciliation

Spreadsheet construction

Communication to non-financial

Portfolio management

Education

Bachelor’s degree in Accounting/Finance/Business Admin

Two years accounting experience (or Master’s)

Tools

Microsoft Excel

Job description

Hiring Salary: $4,600.33 - $6,440.46/Monthly

Job Summary/Essential Job Functions

The Sponsored Award Accountant administers the financial life of an assigned portfolio of sponsored awards from establishment through closeout and holds delegated authority to certify financial reports and invoices to sponsors within the threshold set for the level.

Market Range: 11

Responsibilities

• Establishes assigned awards from the award abstract and confirms accurate setup.
• Monitors expenditures for allowability, allocability, and compliance with sponsor terms and cost principles.
• Prepares and submits accurate financial reports in accordance with sponsor’s requirements and deadlines.
• Reviews and certifies invoices and financial reports within the delegated authority and refers instruments requiring higher-level approval.
• Reviews cost transfers for appropriate documentation, timeliness, and allowability and prepares them for approval.
• Identifies and resolves financial errors, deficits, and unreconciled items.
• Reconciles project expenditures and resolves outstanding commitments and receivables.
• Verifies completion of final effort certification and cost share documentation.
• Provides the transaction detail supporting reconciliation performed elsewhere in the office.
• Advises principal investigators and departmental administrators on sponsored award financial requirements, allowability, and compliance.
• Performs other related duties as assigned.

Minimum Requirements

Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field. (TRANSCRIPT REQUIRED)

Two (2) years of accounting experience; OR Master’s Degree in lieu of experience; OR a combination of related education and work experience to equal six (6) years.

Knowledge, Skills, And Abilities

• Knowledge of the Uniform Guidance, cost principles, and standard federal research terms and conditions.
• Knowledge of generally accepted accounting principles as applied to sponsored funds.
• Skill in financial analysis, reconciliation, and spreadsheet construction.
• Ability to independently interpret sponsor terms and determine correct financial treatment.
• Ability to manage a portfolio of concurrent deadlines.
• Ability to communicate financial requirements to non-financial audiences.

Work Schedule

This position may occasionally be required to work weekends and evenings.