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Senior Financial Compliance Officer

2 months ago

Raleigh, North Carolina, United States InsideHigherEd Full time
Position Overview:

The Financial Compliance Manager is responsible for ensuring the accuracy and adherence to regulations of financial transactions related to sponsored research. This role requires a meticulous approach to grants management, accounting standards, and compliance regulations.

Key Responsibilities:
  • Financial Data Evaluation: Extract and assess financial data from various systems to detect trends and compliance discrepancies. Prepare comprehensive reports and presentations to suggest improvements.
  • Regulatory Compliance Assurance: Establish and enforce internal controls to safeguard the integrity of financial transactions in alignment with established accounting principles and regulatory guidelines.
  • Advisory Role: Offer expert advice to various stakeholders on the interpretation and application of relevant regulations and sponsored award agreements.
  • System Improvement: Work collaboratively with IT professionals to enhance financial systems, ensuring they provide accurate and compliant financial data.
  • Audit Engagement: Facilitate and participate in audit sessions with external auditors, ensuring all compliance standards are fulfilled.
  • Training and Development: Organize and deliver training sessions to address compliance issues and communicate complex information effectively to diverse audiences.

This position plays a vital role in maintaining the financial integrity of sponsored research, working alongside a dedicated team to ensure compliance and support the success of innovative research initiatives.

Qualifications:
  • Bachelor's degree with relevant accounting coursework or equivalent experience.
  • In-depth knowledge of grants management and compliance regulations.
  • Proficiency in financial systems and data analysis.
  • Strong analytical and problem-solving skills.
Preferred Skills:
  • Experience in managing audit processes.
  • Excellent communication skills for conveying complex information.
  • Familiarity with training development in financial compliance.