Job ID: 2021-8204 Type: Office of the SVP Finance and Budget/Chief Financial Officer (WS2704) # of Openings: 1 Category: Finance/Real Estate/Procurement/Grant Management New York University
The Senior Finance and Compliance Analyst is a part of the Sponsored Programs Administration (SPA) department within the Office of Grants, Gifts and Investments Accounting & Compliance (GGIA&C). The SPA department is responsible for managing and administering New York University's post-award portfolio for Washington Square Campus and the NYU global campuses. Reporting to the Assistant Controller, the Senior Finance and Compliance Analyst will perform professional financial analytical duties to ensure regulatory and financial compliance in the post-award transactions posted to the University's ledger. The candidate will work closely with senior leadership in SPA in developing best practices and monitoring assessments of all grant-related post-award functions, including but not limited to project set-up, billing, financial reporting, spend down, projections, processing journal entries, closeouts, burn rates, AR, Collections and reconciliation analysis. This position is expected to liaise with the University Departmental Administrators in the various divisions/units/schools and other internal University key stakeholders to ensure compliance with rules and regulations associated with the different funding sources to avoid ineligible expenditures. The Senior Finance and Compliance Analyst must have knowledge of current regulations from federal, state, city, private sponsors, foundations, and Uniform Guidance and the ability to interpret and implement any changes. In conjunction with senior leadership, the Senior Finance and Compliance Analyst will analyze and review existing NYU policies and develops new policies and procedures with the goal of creating efficiencies. The candidate will provide leadership in various projects and serve as a representative of the SPA department to both the NYU community and to external parties.
Required Education: Bachelor's Degree Accounting, Finance, or an equivalent combination of education and experience.
Preferred Education: Master's Degree
Required Experience: 5+ years of related work experience. Must have prior experience with federal grants, contracts and post-award administration. Compliance knowledge of grants and contract regulations such as cost accounting standards, subrecipient monitoring, audit standards, and financial status reporting and billing. Experience in analysis of allowable costs, monitoring, reconciliations, Accounts Receivable and driving metrics for Senior management.
Required Skills, Knowledge and Abilities: Strong knowledge of Uniform Guidance regulations. Ability to understand and interpret compliance terms and conditions in award agreements/contracts and sponsor specific rules and regulations. Must possess knowledge in the postaward lifecycle, including but not limited to financial reporting, billing, AR closeouts, audits etc. Have the ability to review allowable costs following the sponsor's terms and conditions, especially for Federal awards under Uniform Guidance (UG) to ensure compliance. Ability to run metrics, analyze the report and develop/create reports for analysis and data quality assurance. Demonstrate the ability to monitor actual expenditures against budget regularly to help ensure fiscal accountability and solvency. Identifying errors and inconsistencies, determining the availability of costs, and identifying internal control deficiencies. Show ability to work with the internal and external stakeholders to correct issues identified and formulate ideas/recommendations to improve processes or systems to strengthen compliance and cost allocation to the general ledger. Must have the ability to solve problems and work collaboratively with others.Needs the skill to perform high-level reconciliations on various monthly monitoring reports to ensure expenses are posting correctly e.g., indirect cost and fringe analyses as well as ensure data integrity in FAME. Must have strong commuincaition skills. Candidate must have the ability to work independently as well as with groups within Office of Grants, Gifts and Investments Accounting & Compliance (GGIA&C) including external NYU offices and sponsors. Must be organized, detailed oriented and able to work in a fast paced environment with competing deadlines and priorities.
Preferred Skills, Knowledge and Abilities: Background both pre-award and post-award with sponsored awards and grants administration. Strong organizational and communication skills and ability to meet defined deadlines. Strong attention to detail and accuracy.
NYU aims to be among the greenest urban campuses in the country and carbon neutral by 2040. Learn more at nyu.edu/nyugreen.
Founded in 1831, New York University is now one of the largest private universities in the United States. Of the more than 3,000 colleges and universities in America, New York University is one of only 60 member institutions of the distinguished Association of American Universities.