Senior Financial Analyst I (Grants & Contracts)

Position Summary:

• Responsible for the post award administration and coordination of assigned clinical trials, grants and contracts for research and other non-sponsored programs.
• Monitors incoming revenue, runs and maintains cash receipts report and works closely with internal/external entities to obtain corresponding payment details to ensure timely posting of payments.
• Performs quantitative and financial analysis of complex spreadsheet from Oracle diverse financial system to provide timely and insightful analysis of projects.
• Assists with conducting monthly variance analysis, budget and forecast projections, and other financial reporting such as preparation of comprehensive P&L statements.
• Ensures accurate posting of journal entries to both the sub-ledger and general ledger across all funding sources, including corporate research contracts as well as federal, state, and other sponsored programs.
• Works diligently to collaborate with Research Financial Services (RFS) central Grant Specialists in the reconciliation of billings arising from all sources of Grants and Contract research sponsored programs.
• Maintains financial analysis template to ensure allocation of cost and payment from sponsored programs are allowable and allocable.
• Reviews and approves Marketplace requisitions, reconciles and maintains Purchase Orders for associated clinical research services, performs adjusting entries as needed to post costs to project accounts, and provides responses to inquiries relates to contract awards.
• Submits salary and fringe relief cost transfers and budget allocation through journal entry by cost center in Oracle Financial system.
• Closely monitors project account balances and manages all sources of grants and contract awards and provide detailed transaction reports to avoid deficits.
• Analyzes Oracle project accounts verification to ensure that project costs interfaced to Oracle general ledger accounts.

Minimum Education and Experience:

• Bachelor's Degree in a Finance, Accounting, Business or related field required.
• Four (4) years of related experience in a Basic Research environment within a healthcare or academic organization required.
• Strong financial experience of industry-sponsored and non-industry sponsored clinical trials.
• Equivalent experience, education and/or training may be substituted for the education requirements.

City: New Brunswick

State: NJ

Physical Demands and Work Environment:

• Standing, sitting, walking, talking and hearing.
• No special vision requirements.
• Lifting up to 25 lbs.

• Office environment. Moderate noise.

Posting Number: 26ST1098