Financial Analyst
Financial Analyst
Posted on :
06-04-2025
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1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
06-04-2025
Job Description
Position Summary
The Financial Analyst manages the fiscal oversight of awards including nonreverting State funds during pre and postaward phases and provides support to NC Collaboratory award recipients at institutions across North Carolina. In the preaward phase this position evaluates funding and budget proposals for compliance with department institutional and state requirements. Duties involve evaluating the accuracy of application materials including scopes of work recipient institution details budget requests and subcontractor documentation and guiding recipients to address discrepancies and finalize submissions. Additionally this position analyzes proposed budget revisions to ensure financial feasibility and regulatory compliance assists in setting up funding sources and maintaining program code reports. In the postaward phase the position monitors fund balances for department awards and programs to ensure proper allocation and compliance with funding guidelines. The Financial Analyst conducts audits analyzes spending trends and forecasts and recommends adjustments to avoid excess expenditure and ensure sufficient budget availability. The Financial Analyst also analyzes financial reports to assess allowability and recommends corrective actions when necessary. Other duties include reconciling awards and program codes verifying financial transactions and ensuring compliance with institutional state and federal requirements and laws regarding budgets and expenditures. The Financial Analyst also addresses compliance inquiries from award recipients and provides guidance on funding regulations. Additionally the position assists with budget revisions the grant and project closeout processes and tracking budget transfers and invoices for award recipients while evaluating the fiscal impact of program policy and rule changes. Additionally this position conducts risk assessments and presents solutions to leadership. The Financial Analyst responds to external audits processes carryforward funds tracks unspent funds monitors award distribution implements desk review procedures and analyzes funding portfolios for reporting. Through consultation and technical assistance the Financial Analyst serves as a financial steward by ensuring transactions align with organizational policies and correct accounting practices while collaborating with relevant stakeholders to maintain accuracy and compliance.
Required Qualifications Competencies And Experience
Knowledge of and experience with pre and postaward financial management as well as nonreverting State funds. Extensive experience with calculating payroll and forecasting. Comprehensive knowledge of interpreting and applying regulations and guidelines from state budget authorities including the North Carolina Office of State Budget and Management (NC OSBM the UNC System UNC Chapel Hill and other state entities. Advanced proficiency in Microsoft Office suite (i.e. Word Excel PowerPoint Access etc. with a specialization in creating spreadsheets and developing complex formulas in Excel. Strong communication customer service and interpersonal skills fostering positive relationships with stakeholders. Excellent organizational time management prioritization and analytical skills. Ability to ensure efficient workflow and task completion. Ability to perform work with a high degree of autonomy accuracy efficiency and timeliness.
Preferred Qualifications Competencies And Experience
Experience with financial management of sponsored research (pre and postaward) or State funds as well as utilizing financial and pre/postaward management workflow tools. Previous experience with UNC Chapel Hill business systems including CAYUSE RAMSeS ConnectCarolina and InfoPorte. Experience with funding sources such as federal trust Facilities and Administrative (F&A) and other fund types. Experience with reviewing preliminary budget proposals forecast projections and budget reallocation requests. Experience with managing funds and awards for multiple principal investigators across various units shadow accounting and electronic personnel salary source management. Demonstrated ability to manage or provide work direction to peers and clients/customers. Certified Research Administrator CRA Certified Financial Research Administrator CFRA and/or Certified PreAward Research Administrator CPRA credentials. Ability to communicate with Senior level stakeholders.
The Financial Analyst manages the fiscal oversight of awards including nonreverting State funds during pre and postaward phases and provides support to NC Collaboratory award recipients at institutions across North Carolina. In the preaward phase this position evaluates funding and budget proposals for compliance with department institutional and state requirements. Duties involve evaluating the accuracy of application materials including scopes of work recipient institution details budget requests and subcontractor documentation and guiding recipients to address discrepancies and finalize submissions. Additionally this position analyzes proposed budget revisions to ensure financial feasibility and regulatory compliance assists in setting up funding sources and maintaining program code reports. In the postaward phase the position monitors fund balances for department awards and programs to ensure proper allocation and compliance with funding guidelines. The Financial Analyst conducts audits analyzes spending trends and forecasts and recommends adjustments to avoid excess expenditure and ensure sufficient budget availability. The Financial Analyst also analyzes financial reports to assess allowability and recommends corrective actions when necessary. Other duties include reconciling awards and program codes verifying financial transactions and ensuring compliance with institutional state and federal requirements and laws regarding budgets and expenditures. The Financial Analyst also addresses compliance inquiries from award recipients and provides guidance on funding regulations. Additionally the position assists with budget revisions the grant and project closeout processes and tracking budget transfers and invoices for award recipients while evaluating the fiscal impact of program policy and rule changes. Additionally this position conducts risk assessments and presents solutions to leadership. The Financial Analyst responds to external audits processes carryforward funds tracks unspent funds monitors award distribution implements desk review procedures and analyzes funding portfolios for reporting. Through consultation and technical assistance the Financial Analyst serves as a financial steward by ensuring transactions align with organizational policies and correct accounting practices while collaborating with relevant stakeholders to maintain accuracy and compliance.
Required Qualifications Competencies And Experience
Knowledge of and experience with pre and postaward financial management as well as nonreverting State funds. Extensive experience with calculating payroll and forecasting. Comprehensive knowledge of interpreting and applying regulations and guidelines from state budget authorities including the North Carolina Office of State Budget and Management (NC OSBM the UNC System UNC Chapel Hill and other state entities. Advanced proficiency in Microsoft Office suite (i.e. Word Excel PowerPoint Access etc. with a specialization in creating spreadsheets and developing complex formulas in Excel. Strong communication customer service and interpersonal skills fostering positive relationships with stakeholders. Excellent organizational time management prioritization and analytical skills. Ability to ensure efficient workflow and task completion. Ability to perform work with a high degree of autonomy accuracy efficiency and timeliness.
Preferred Qualifications Competencies And Experience
Experience with financial management of sponsored research (pre and postaward) or State funds as well as utilizing financial and pre/postaward management workflow tools. Previous experience with UNC Chapel Hill business systems including CAYUSE RAMSeS ConnectCarolina and InfoPorte. Experience with funding sources such as federal trust Facilities and Administrative (F&A) and other fund types. Experience with reviewing preliminary budget proposals forecast projections and budget reallocation requests. Experience with managing funds and awards for multiple principal investigators across various units shadow accounting and electronic personnel salary source management. Demonstrated ability to manage or provide work direction to peers and clients/customers. Certified Research Administrator CRA Certified Financial Research Administrator CFRA and/or Certified PreAward Research Administrator CPRA credentials. Ability to communicate with Senior level stakeholders.
Required Experience:
Staff IC
Employment Type
Full Time
Key Skills
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