Research Finance Accountant

Thispositionisresponsibleforthepost-awardadministrationfunctionofLetterofCredit(LOC)drawsas part of the Research Finance Accounting team. The accountant will be required to maintain and adhere to acomplexschedule ofdrawstoensurethat allfunds are available whenrequested andappropriately recorded and reconciling with the grants module and ultimately the general ledger.

Research Financestrives for excellence in providing supportandoversight in administrativelymanaging sponsored projects monitoring associated financial compliance requirements in accordance with sponsorregulationsanduniversitypoliciesandprovidinganalyticalandcostaccountingexpertisetothe management of Vanderbilts research enterprise. Research Finance includes the Grant Analysts that provide central oversight for project expenditures financial reconciliation financial reporting and award closeout the Research Accountants that perform invoicing cash management and accounts receivable management and the Data and Cost Analysts that perform cost accounting activities and institutional research reporting as well as award setup and effort certification compliance oversight.

• Responsibleforpreparingallletterofcreditdrawsforresearchservicesincludingensuringall necessary documentation is complete and accurate

• ExpertonprocessforLOCdrawsincludingspecificinstructionsbysponsortoensurealldraws are timely and meet compliance requirements

• Maintaincomplexscheduleofletterofcreditdraws

• Orchestrateletterofcreditdrawswithsponsorsinaccordancewithdrawschedulesanduniversity policies

• RecordallLOCdrawstimelyandaccuratelywithinOracletoensuregrantsmoduleaccurately reflects grants financial position

• Investigateandfollowuponanyletterofcreditvariancesfromfundsdrawnandallowable amounts

• PerformFederalFundbankreconciliationseachmonthadheringtoCentralFinancedeadlines and ensuring receipts are created for all bank statement lines.

• PerformcashtransactionreconciliationsquarterlyforLOCagencies.

• IdentifiesdebtownerforUSTreasuryOffsetProgramoffsets.

• Identifiesopportunitiesforprocessimprovementsandchangestopoliciesandproceduresto facilitate automation and fully utilize system capabilities

• AssistwithpreparinginvoicesforVanderbiltUniversityMedicalCenter.

• Assistwithpreparinginvoicesformilestonebasedsponsoredcontractsandawards.

• Assistonspecialprojectsasneeded