Sponsored Projects Financial Analyst

University of Maryland, Baltimore; Baltimore (MD); On-site; USD 60,000 - 69,000; Full time

Job summary

The University of Maryland, Baltimore is seeking a Sponsored Projects Financial Analyst to ensure compliance with accounting principles and assist with financial reporting. This role requires strong analytical skills and a Bachelor's degree in a relevant field. The position offers a comprehensive benefits package, including generous paid leave and professional development opportunities.

Benefits

Comprehensive benefits package

Generous paid leave

Tuition remission for employees and dependents

Flexible work schedules

Teleworking options

Qualifications

• Two years of financial or management accounting experience.
• Experience with sponsored projects accounting preferred.

Responsibilities

• Perform mid-level review and analysis of accounting transactions.
• Ensure compliance with University policies and procedures.
• Prepare and analyze federal final reports accurately.

Skills

Analytical Skills

Communication

Education

Bachelor's degree in accounting, finance, or business administration

Job description

The University of Maryland, Baltimore (UMB), Office of Sponsored Projects Accounting and Compliance (SPAC) is currently seeking a Sponsored Projects Financial Analyst (Analyst, Sponsored Projects Accounting & Compliance). The ideal candidate will personally connect with the Administration and Finance Guiding Principles which closely mirror UMB's core values: Respect and Integrity, Well-Being and Sustainability, Equity and Justice, and Innovation and Discovery.

Benefits (Exempt Regular):

UMB offers a comprehensive benefits package that prioritizes wellness, work/life balance, and professional development, along with additional exciting perks that employees can take advantage of. This position participates in a retirement program (pension or optional retirement plan/ORP) that must be selected and is effective on your date of hire. Exempt regular staff receive a generous PAID leave package that includes over 4 weeks of vacation accrued each year, 16 paid holidays, 3 personal leave, unlimited accrual of sick time, and comprehensive health insurance; professional learning and development programs; tuition remission for employees and their dependents at any University System of Maryland school; and flexible work schedules and teleworking options (if applicable per job).

UMB is a public university and constituent institution of the University System of Maryland. All employees are expected to work primarily physically within the State of Maryland.

Primary Duties:

• Perform mid-level review and analysis of accounting transactions to ensure completeness, accuracy, and conformance with uniform accounting principles and practices.
• Maintain performance compliance with University policies and procedures regarding internal, business, fiscal, and operational accountability and compliance.
• Ensure accounts are in agreement and identify variances. Investigate discrepancies to determine cause and document correction.
• Work with principal investigators, faculty, or staff members to identify potential ledger discrepancies between financial system and SPAC records.
• Receive, analyze, and prepare various internal/external financial ledgers, schedules, exhibits and summaries along with any assigned databases utilized for financial reporting.
• Ensure details of financial transactions are recorded in journals, ledgers, and automated system by others.
• Prepare, and analyze all information needed to complete federal final reports (FFRs) accurately and in a timely manner.
• Follow up with departments to ensure timely return of FFRs.
• Assist departments with discrepancies in financial reporting and ensure proper back up for trailing charges from departments. Assist in correspondence with departments to resolve questions and issues.
• May perform administrative tasks such as: assist with audit requests, provide backup support assistance to SPAC team, assist with the preparation of ad hoc reports, etc.
• Perform other duties as assigned.

Qualifications:

Education: Bachelor's degree in accounting, finance, or business administration.

Experience: Two (2) years of financial or management accounting, budget, auditing, assessment of internal controls, financial analysis, post-award accounting or lifecycle research administration experience,

OR

One (1) year of direct sponsored projects accounting. Higher education experience preferred.

Required Knowledge/Skills/Abilities:

Working knowledge of and ability to apply Generally Accepted Accounting Principles (GAAP). Ability to apply basic analytical skills; to operate manual and automated office equipment, personal computers, and financial software to input data; to communicate effectively both orally and in writing; to prepare and present working papers and supporting documentation.
Preferred Knowledge/Skills/Abilities: Mid-level accounting knowledge of grants and contracts preferred.

Hiring Range: $60,000 - $69,000, Commensurate with education and experience

UMB is committed to cultivating a diverse and inclusive workforce and is proud to be an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, ancestry or national origin, sex, pregnancy or related conditions, sexual orientation, gender identity or expression, genetic information, physical or mental disability, marital status, protected veteran's status, or any other legally protected classification.

If you anticipate needing a reasonable accommodation for a disability under the Americans With Disabilities Act (ADA), during any part of the employment process, please submit a UMB Job Applicant Accommodation Request. You may also contact [e-mail]. Please note that only inquiries concerning an ADA request for reasonable accommodation will be responded to from this email address.

The University of Maryland, Baltimore prohibits sex discrimination in any education program or activity that it operates. Individuals may report concerns or questions to the Title IX Coordinator. Read the UMB Notice of Non-Discrimination for more information.