Note: The job is a remote job and is open to candidates in USA. Children's National Hospital is a leading pediatric care institution recognized for excellence in child health. The Financial Analyst II Grants will manage financial and compliance activities related to sponsored and non-sponsored programs, perform analysis and projections, and provide mentorship for junior team members.
Responsibilities
- Consistently demonstrates adherence to the standards for the responsible conduct of research
- Plans, conducts and manages research projects within federal and institutional regulations and policies under the direction of the principal investigator
- Uses research funds and resources appropriately
- Maintains confidentiality of data as required
- Meets all annual job-related training and compliance requirements
- With minimal oversight, interprets financial data to determine past performance and to project financial probability for assigned portfolio
- Perform analysis on budget performance, investigate variances, provide justification, and communicate the PI’s and leaders
- Ensures that expenditures for budgeted grants and contracts are monitored and that reports are prepared to maintain balanced accounts
- Develop financial reports for forecasting, trending, and results analysis. Provides multi-year projections for investigator portfolios
- Monitor, identify and communicate over expenditures to faculty and administrative staff as appropriate. Resolve funding shortfalls
- Assists in preparation of materials related to audit inquiries for internal, sponsor, federal or state audits
- Monitors monthly expenditures to ensure the award is being performed in a timely manner and analyze budget patterns and project expenditures so it will not have a deficit
- Manages fiscal year end closeout process for grant funding, seeking input and collaboration from additional business units as needed
- Proactively researches expense and revenue variances. Seek to resolve any expense posting errors and communicate proper expense allocation as needed
- Manages all funding, including federal, nonfederal and operational, in each investigator’s portfolio to assist in the strategic decision-making process
- Participates in the education of new faculty and staff related to financial management and analytics for funding portfolios
- Review and approve charges, determines the allowability and allocability of charges, verifies availability of funds and obtains proper authorizations in an accurate and timely manner (i.e., subrecipient, animal, lab charges, pharmacy cost, equipment)
- Reviews payroll distributions and ensures they are correct; for staff allocated to cost centers on a bi-weekly basis, processes PDR’s in a timely fashion
- Prepares budget modifications/amendments as necessary
- Maintains all backup for grant related revenue and expenditures and ensures that backup is consistent with the GL and documentation
- Completes adjustments needed for non-payroll cost transfers
- Provides mentorship for junior team members
- Works with principal investigator to complete interim progress and/or administrative report requirements for the sponsor/funding agency and includes requests for re-budgeting, changes in program personnel, extensions, supplements or revisions of the award
- Facilitate request of ancillary and amendment agreements to support grant or contract (I.e. consultants, translation services, service agreements, regulatory reviews)
- Provide monthly, periodic or ad hoc financial reporting as requested
- Ensure proper management of all sponsored awards, by ensuring that all transactions agree with GAAP, NIH grants policy statement, FDP, OMB, CAS and Hospital
- Assists investigators by answering questions regarding award(s) and the grants management process; discusses strategies with investigators for continuous funding for their research and managing current awards
Skills
- Bachelor's Degree Finance, Accounting, Business administration, hospital administration, public administration or other business and healthcare related field
- 3 years progressive related experience
- Ability to identify problems and find creative, effective solutions
- Demonstrated aptitude for quantitative analysis
- Excellent verbal and written communication skills
- Ability to handle multiple tasks, meet deadlines and work with confidential materials
- Proficiency in personal computer and related software
- Solid management and organizational skills
- Excellent judgement
- Ability to work with limited supervision
- Experienced with department budget and personnel communication
- Experienced working in grants management and financial management systems
- Certified Research Administrator (CRA)
Benefits
- Comprehensive health coverage, including medical, prescription, infertility, and transgender health services.
- Generous paid time off, including vacation accrual from day one, sick leave, holidays, and a personal day.
- Financial wellness support, including a 401(k) plan and healthcare and dependent care spending accounts.
- Employer-paid life, AD&D, and long-term disability coverage, with optional supplemental plans.
- Additional perks, including tuition assistance, fitness resources, employee assistance, commuter benefits, and more.
Company Overview
Company H1B Sponsorship