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Financial Research Coordinator

2 months ago

Palo Alto, California, United States InsideHigherEd Full time
Position Overview

The Financial Research Coordinator plays a pivotal role in the operational framework of the research administration team. This position is integral to the management of extensive and intricate funding portfolios, ensuring adherence to compliance and efficiency in financial operations.

Key Responsibilities
  • Proposal Management: Collaborate with principal investigators to prepare the administrative aspects of funding proposals, ensuring all submissions meet the necessary guidelines and requirements.
  • Budget Development: Formulate, prepare, and finalize project budgets, providing comprehensive justifications for funding requests.
  • Liaison Duties: Act as a key contact between principal investigators, funding offices, and various departments, addressing inquiries from sponsors effectively.
  • Award Setup: Work closely with funding offices to guarantee proper setup of awards and compliance with cost-sharing obligations.
  • Expenditure Oversight: Review and authorize expenditures, advising on financial commitments and ensuring compliance with funding regulations.
  • Reporting: Generate and communicate detailed reports that support project status, including forecasting and analytical decision-making tools.
  • Contract Management: Engage in the contract closeout process, submitting final reports and necessary documentation for audits.
  • Policy Guidance: Understand and apply university and governmental policies relevant to research projects, serving as a resource for staff and investigators.
  • Process Improvement: Contribute to the enhancement of administrative processes and lead collaborative projects with other team members.
Qualifications

Applicants should possess a bachelor’s degree along with relevant experience in research administration or a related field. Proficiency in financial systems and a strong understanding of grant management are essential.

Skills and Competencies
  • Strong analytical and problem-solving skills, particularly in financial forecasting and reporting.
  • Excellent communication abilities, both written and verbal, with a focus on policy interpretation.
  • Advanced proficiency in data analysis tools, particularly Excel.
  • Ability to manage multiple projects efficiently while maintaining attention to detail.
  • Demonstrated capability to work collaboratively across various levels of an organization.
Working Conditions

This role offers a hybrid work arrangement, allowing for a blend of remote and on-site responsibilities. The expected compensation aligns with industry standards for similar positions.

Equal Opportunity Statement

The organization is committed to diversity and inclusion, providing equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.