Associate Director-Sponsored Award Accounting
Memphis, TN - USA
Job Summary
Market Range: 14
Hiring Salary: $6123.04 - $8572.25/Monthly
The Associate Director Sponsored Award Accounting directs sponsored award accounting operations supervises the Sponsored Award Accountant ladder and holds defined approval authority over transactions affecting sponsored funds.
Responsibilities
- Approves non-salary cost transfers affecting sponsored and cost share funds confirming documentation timeliness allowability and adequacy of explanation.
- Approves salary and wage cost transfers affecting sponsored funds in coordination with Payroll.
- Allocates award portfolio based on complexity and workload adjusting assignments as award volume and mix change.
- Approves financial reports and invoices prepared by accountants prior to certification to the sponsor above the delegated accountant threshold.
- Oversees monthly reconciliation of sponsored receivables and resolution of outstanding or unreconciled balances.
- Oversees accurate establishment of sponsored awards based on approved award documentation.
- Serves as the escalation point for complex sponsor and departmental financial issues beyond the accountant level.
- Coordinates with Research Administration when award terms require clarification rather than independently interpreting executed agreements.
- Provides sponsored programs receivable balances and supporting reconciling schedules for annual financial statement preparation in coordination with the Controller.
- Monitors invoice aging unbilled balances and collection status and directs appropriate follow-up and intervention.
- Conducts quality reviews of financial reports and award closeouts and uses finding to strengthen staff training and performance.
- Maintains effective backup coverage to ensure continuity of award administration.
- Performs other related duties as assigned.
Qualifications
EDUCATION:Bachelors Degree in Accounting Finance or a related field. (Masters Degree preferred.)(TRANSCRIPT REQUIRED)
EXPERIENCE: Five (5) years of related responsible grants and contracts accounting experience; ORMasters Degree and three (3) years of related responsible grants and contracts accounting experience; ORa combination of related education and work experience to equal nine (9) years. (Certified Public Accountant license preferred.)
KNOWLEDGE SKILLS AND ABILITIES:
- Expert knowledge of Uniform Guidance cost principles and allowability determination.
- Knowledge of institutional accounting policy indirect cost recovery and cost share requirements.
- Knowledge of internal control principles including segregation of duties and approval authority.
- Skill in supervising professional accounting staff.
- Ability to make and document approval decisions under regulatory and time pressure.
- Ability to explain institutional practice to auditors and sponsors.
WORK SCHEDULE:This position may occasionally be required to work weekends and evenings.
Required Experience:
Director
About Company
The University of Tennessee System serves all 95 counties and improves lives statewide through the work of five campuses and two institutes.