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Research Accountant
2 months ago
Job no: 524733
Work type: Staff Full Time
Campus: UMass Amherst
Department: Controller's Office
Pay Grade: 26
Categories: Professional Staff Union (PSU), Accounting/Finance/Budget
About UMass Amherst
UMass Amherst, the Commonwealth's flagship campus, is a nationally ranked public research university offering a full range of undergraduate, graduate and professional degrees. The University sits on nearly 1,450-acres in the scenic Pioneer Valley of Western Massachusetts and offers a rich cultural environment in a bucolic setting close to major urban centers. In addition, the University is part of the Five Colleges (including Amherst College, Hampshire College, Mount Holyoke College, and Smith College), which adds to the intellectual energy of the region.
Job Summary
Responsible for all aspects of post-award management of Research Grants and Contracts including preparation, review and approval of budgets, transactions, billings, and reports of expenditures. The position requires interpretation of complex grant and contract terms in conformance with Federal, State and University guidelines. The Research Accountant collaborates with the team of research accounts as well as departments on campus. The Research Accountant exercises professional judgment in areas of the allowability of grant expenditures, grant close-outs and budgeting decisions. Performs a wide range of detailed and complex accounting advisory functions related to the Research Grants and Contracts being managed. The office is currently working in a hybrid working environment (3 days on-site and 2 days remote) for the foreseeable future.
Essential Functions
- Manages the interface of pre-award data and automated billing for assigned grants and contracts. Interprets grant and contract requirements, assigns appropriate budget levels, and authorizes spending on awarded grants. Creates billing profiles in conformance with sponsor billing requirements to prepare timely and accurate invoices and financial reports to sponsors. When required, prepares billings manually according to sponsor specifications.
- Ensures that all expenditures, including cost sharing, are in conformance with Uniform Guidance and/or sponsor restrictions. Communicates with external granting agencies, faculty and staff on matters of allowability and appropriateness of charges and other related accounting matters such as interpretation of budgets and reporting requirements.
- Reviews grants and contracts at close-out to ensure that billing and financial requirements are met. Makes independent decisions regarding the refund of unspent funds, approvals of transfers and final reporting of expenditures. Works independently with external and internal auditors on examinations of grant activity.
- Creates ad-hoc queries of accounting data for use in preparing complex financial analyses and reports. Responsible for processing intricate journal entries related to adjustments to Research Project Grant Accounts. Participated in system implementation efforts, recommends courses of action to management on new systems.
- Applies and conforms with internal financial policies to ensure transactions are processed properly (e.g.Tax, HR, Legal, Federal).
- Ensures accuracy of recorded data through the use of analytical reports and reconciliations.
- Utilizes financial databases and systems to manipulate and analyze financial data for internal and external reporting and decision making.
Performs other duties as assigned.
Minimum Qualifications (Knowledge, Skills, Abilities, Education, Experience, Certifications, Licensure)
- Bachelor's Degree in accounting or related field.
- More than one year of relevant accounting or grant management experience.
- Strong interpersonal, written, and oral communication skills.
- Strong computer and technical skills (i.e. Microsoft suite).
- Master's Degree in accounting or related field.
- Experience with research grants and contracts.
- Experience with grants and contract compliance.
- Client service experience.
Salary Information
Level 26
PSU Hiring Ranges
Special Instructions to Applicants
Along with the application, please submit a resume, and cover letter. References will be checked at the finalist stage. Please be prepared to provide contact information for three (3) professional references.
Applications will be reviewed on a continuous basis until the position is filled. Early submissions are encouraged.
UMass Amherst is committed to a policy of equal opportunity without regard to race, color, religion, gender, gender identity or expression, age, sexual orientation, national origin, ancestry, disability, military status, or genetic information in employment, admission to and participation in academic programs, activities, and services, and the selection of vendors who provide services or products to the University. To fulfill that policy, UMass Amherst is further committed to a program of affirmative action to eliminate or mitigate artificial barriers and to increase opportunities for the recruitment and advancement of qualified minorities, women, persons with disabilities, and covered veterans. It is the policy of the UMass Amherst to comply with the applicable federal and state statutes, rules, and regulations concerning equal opportunity and affirmative action.
Advertised: Aug 22 2024 Eastern Daylight Time
Applications close: Nov 22 2024 Eastern Standard Time
