Financial Associate Office of Research, Innovation, and Economic Development UTK

The Financial Associate serves as one of two key financial professionals supporting a high-volume complex research administration environment within the Division of Research Administration Shared Administrative Services (DRA-SAS) team in the Office of Research Innovation & Economic Development (ORIED) at the University of Tennessee Knoxville (UT). Reporting to the DRA-SAS administrative team lead and ultimately to the Associate Vice Chancellor for Research Administration (AVCRA) this position independently carries responsibility for financial activities that directly impact the Universitys research enterprise and financial stewardship.

The incumbent provides independent day-to-day financial services to the Knoxville campus research community for post-award functions including the billing drawdown and collection of sponsored projects totaling approximately $385M in annual expenditures. This role exercises sound judgment in applying policies and procedures resolves routine and non-routine issues and ensures the accuracy timeliness and integrity of financial transactions that affect compliance cash flow and institutional reporting.

DRA-SAS operates under a shared services model and this position plays a critical role in ensuring consistent high-quality service delivery across the division. The Financial Associate works with a high degree of autonomy while collaborating closely with peers and leadership to adapt support in response to evolving operational needs and priorities. Team members are expected to contribute in a manner that is positive equitable flexible and responsive to the broader mission of ORIED and the University.

This position works in person at ORIEDs Cherokee Mills (CM) location.

FINANCIAL SUPPORT FOR DRA

Unapplied Cash & Sponsored Accounts Receivable Management

This position manages the Unapplied Cash Receipts Account and serves as the primary Accounts Receivable specialist for sponsored projects. Responsibilities include reviewing researching and applying sponsor payments to ensure accurate posting timely reconciliation and compliant financial reporting. The role analyzes deposits from invoices sponsor portals and automatic payments; prepares and reviews check and electronic deposits; and ensures all cash is fully applied and reconciled by month-end. When documentation is incomplete or payments are misrouted the position independently investigates using DASH Cayuse/Huron internal systems and direct sponsor outreach often coordinating across multiple stakeholders to resolve issues.

As a resource for sponsored program accounts and in accordance with UT and ORIED policies and procedures this position independently:

Monitors aging collections and sponsor payment trends; initiates follow-up and escalates unresolved items.

Researches and resolves billing and payment discrepancies (misapplied payments short-pays overpayments duplicates and posting errors).

Reviews invoices and financial records to ensure proper accounting treatment and regulatory compliance.

Provides guidance to departments and faculty on billing allowability accountability and payment application.

Maintains accurate AR records and prepares reports to support month-end close audits and management oversight.

PROCESS IMPROVEMENT

• Each member of DRA-SAS is expected to be an active participant in meeting team objectives and goals and improving work outcomes.
• Under the general supervision of the DRA-SAS administrative team lead administrative coordinators independently analyze information and interpret situations to determine how to solve a problem or complete an assignment effectively and share these solutions and best practices with other members of the team.
• They also make recommendations to the team lead to create and change office-level procedures.

MISSION CRITICAL IMPACT

Accurate and timely application of cash is essential to the financial integrity of sponsored projects. Delays or errors can trigger incorrect late-payment notices damage sponsor relationships and result in inaccurate federal reporting. High accuracy and independent judgment are required to protect university revenue and ensure full compliance with university state federal and sponsor requirements.

SUPPORT DRA SPA STAFF AND OTHER DRA UNITS INCLUDING ON-SITE ADMINISTRATIVE SUPPORT

All DRA-SAS team members provides on-site administrative support for ORIEDs CM-based staff (not limited to DRA staff). That support may include but is not limited to:

Answers the door and welcomes guests to ORIEDs CM suite.

Manages reservations for CM conference rooms and workspaces.

Manages parking tag reservations.

Interfaces with ORIED business staff and CM building manager on facilities concerns.

Manages incoming and outgoing mail and package and service deliveries.

Manage the email account for the department to disseminate emails received to various staff and respond to emails accordingly

Serve as backup to other DRA SPA financial support and Administrative assistant staff. This includes:

-assist with the distribution of sponsored project billings and financial reports

-share office receptionist/phone duties with DRA Administrative Specialist

-transport checks as received in the office to the Central Cashiers Office

Organize and schedule meetings for the SPA staff this includes monthly meetings inter-department trainings special events etc.

Provide regular and adhoc financial reports as directed by the supervisor

Other Duties as Assigned

Includes (but is not limited to) temporarily assuming additional operational and financial administrative duties in the event of a job vacancy on the team until the position can be filled.

Required Qualifications

• Education:
  • High School diploma or GED
• Experience:
  • Three years of prior experience in an office environment
• Knowledge Skills Abilities:
• Knowledge of MS Office
• Ability to solve problems
• Ability to learn new software and processes
• Ability to improve processes through critical thinking
• Ability to effectively communicate with diverse faculty staff and sponsors
• Ability to multi-task organize a high-volume of work and pay attention to detail
• Ability to work independently with minimal supervision
• Ability to meet deadlines in a fast-paced environment; ability to be dependable punctual and a team player

Preferred Qualifications

• Education:
  • Bachelors Degree
• Experience:
  • Accounting or business experience; prior university experience

• Knowledge Skills Abilities:
• Knowledge of UT fiscal HR and research policies; knowledge of granting agency requirements
• Knowledge of Uniform Guidance and Federal Acquisition Regulations
• Knowledge of DASH and Cayuse

Work Location

• Location: Knoxville TN
• Onsite

Compensation and Benefits

• UT market range: 06
• Anticipated hiring range: $47900 - $50000
• Find more information on the UT Market Range structurehere
• Find more information on UT Benefitshere

Application Instructions

To express interest please submit an application with the noted below attachments.

• Resume
• Cover Letter
• List of 3 Professional References