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Sponsored Programs Financial Analyst
2 months ago
The Commonwealth of Virginia is seeking a Sponsored Programs Financial Analyst to become a vital member of their team, reporting directly to the Associate Director of Sponsored Programs. This position provides the opportunity for flexible work arrangements, including on-site, hybrid, or fully remote options, in accordance with the organization's remote work guidelines.
The primary responsibility of the Sponsored Programs Financial Analyst is to manage, reconcile, and evaluate expenditures associated with sponsored projects, ensuring compliance with the specific terms and conditions of each award. The role also involves preparing invoices and financial statements for sponsors and assisting in the provision of necessary documentation for financial audits.
Key Responsibilities:- Conducting independent reviews of sponsored project terms and conditions, identifying reporting, invoicing, and other specific financial obligations, while tracking tasks through the financial management system.
- Examining payments from various sponsors, appropriately allocating funds to the respective projects, and proactively identifying and resolving discrepancies through thorough research and data analysis.
- Interpreting complex situations related to non-compliance with sponsor requirements and promptly escalating concerns to senior management as necessary.
- Receiving training from leadership and external sources to understand state, federal, and non-federal sponsor terms, utilizing extensive knowledge of industry standards to navigate post-award financial management challenges.
Education: A Bachelor's degree is required.
Experience: A minimum of three years of experience in grant and contract management is essential. Alternatively, four additional years of relevant experience may be considered in lieu of a degree.
Interested candidates should apply through the organization's official website, ensuring that all required documents, including a resume and cover letter, are submitted during the application process. Incomplete applications may not be considered. References will be collected through the established process, requiring a minimum of three references.
The Commonwealth of Virginia is committed to fostering diversity within its workforce, valuing diverse perspectives and life experiences as essential to excellence. They are dedicated to providing equal employment opportunities, ensuring fair consideration for all qualified candidates without bias.
