Job title: Financial Analyst, Basic Science Research Administration Pod 2
Company: Vanderbilt University
Job description: Job Description:
The Financial Analyst is responsible for collaborating with various internal and external audiences to analyze and support both new business development opportunities and existing clinic operations for possible acquisition, affiliation, and operational improvement. In addition to working with operational VU affiliated laboratories, this position collects information from acquisition candidates to develop pro forma financial statements, compensation analyses, revenue and expense assumptions, financial packages for third-party consultants, and presentations for labs and VU leadership. The position is highly collaborative in nature and requires a great deal of flexibility, creative thinking, and customer service.
Basic Science Research Administrative Pod 2 is a group of professionals who provide administrative support to the following departments and centers: Biochemistry Department, Cell & Developmental Biology Department, Center for Stem Cell Biology, Center for Structural Biology, Mass Spectrometry Research Center, and Vanderbilt Institute of Chemical Biology. Pod 2 is comprised of two teams, each with expertise focused in one of the following areas: sponsored research (pre- and post-award), and finance. Duties and Responsibilities
Long Range Projections
- Develop and modify long range projection, using computerized financial forecasting to model the financial impact of proposed programs and projects:
- using a broad knowledge of the role and goals of Vanderbilt departments, with an understanding of academic and healthcare accounting in accordance with generally accepted accounting principles (GAAP), applicable regulations, and University policies and procedures
- applying an advanced knowledge of spreadsheet and database applications
- Survey industry data to analyze future trends and indicators in related areas of interest and review data periodically to analyze trends affecting budget needs.
Financial Reporting
- Analyze, accumulate, and review data for financial reports using strong written and verbal communication skills to correspond with faulty and administration.
- Assemble data for financial presentations to faculty, staff and administration.
- In collaboration with the Pre-Award team, analyze the effects of proposed federal and state statutes and regulatory actions which may impact long range financial planning as assigned using a broad understanding of the Institutional mission and vision and the roles and goals of the business units within the University.
- Compile, prepare and process monthly close outs of grants and contracts
- Submit final financial reports to National Institute of Health and other governing entities
- Provide annual reports for adherence to funding agencies requirements
- Conduct literature searches and prepare synopses on relevant topics for administration.
Financial Unit Manager
- Execute approvals of requisitions, invoices, and expense reports
- following designated University policies
- adherence to budgetary mandates of each center/financial unit
- Perform grant close outs.
- review workbooks sent by OCGA to identify any unallowable costs or late charges
- submit any necessary closing entries to remove deficits, unallowable costs, etc.
- identify committed costs that need to be closed
Labor Costing Specialist
- Monitor and update costing for active personnel on various funding sources
- working in conjunction with faculty to maintain continuity of working personnel.
- submitting corrected adjustments to personnel for prior period reporting.
Training
- Facilitate training of new budget and accounting analyst, helping to cultivate a deeper knowledge of current job responsibilities.
- Provide mentorship and advanced knowledge to prepare for career advancement.
Annual Budget
- Collaborate with faculty, staff, and administration to review prior year performance and provide guidance for future spending.
- Enter annual budget figures into a database.
Qualifications
- Bachelors in Business, Accounting or related field and 4-5 years’ experience
- Advance knowledge of Excel and database applications
- Knowledge of Oracle SkyVU.
- Prefer someone who has had grants management experience in an educational institutional setting
- A Master’s degree from an accredited institution of higher education is preferred.
- At least three years of experience in field is required.
- Excellent Microsoft Suite skills with advanced skills in Excel are required.
- Knowledge of database and graphic software is preferred.
Commitment to Equity, Diversity, and Inclusion
At Vanderbilt University, we are intentional about and assume accountability for fostering advancement and respect for equity, diversity, and inclusion for all students, faculty, and staff. Our commitment to diversity makes us who we are. We have created a community that celebrates differences and lets individuality thrive. As part of this commitment, we actively value diversity in our workplace and learning environments as we seek to take advantage of the rich backgrounds and abilities of everyone. The diverse voices of Vanderbilt represent an invaluable resource for the University in its efforts to fulfill its mission and strive to be an example of excellence in higher education.
Vanderbilt University is an equal opportunity, affirmative action employer. Women, minorities, people with disabilities and protected veterans are encouraged to apply.
Please note, all candidates selected for an offer of employment are subject to pre-employment background checks, which may include but are not limited to, based on the role for which they have been selected: criminal history, education verification, social media review, motor vehicle records, credit history, and professional license verification.
About Us: Vanderbilt is a community of talented and diverse staff & faculty!
At , our work – regardless of title or role – is in service to an important and noble mission in which every member of our community serves in advancing knowledge and transforming lives on a daily basis. Located in , Tennessee, on a 330+ acre campus and dating back to 1873, Vanderbilt is proud to have been named as one of “America’s Best Large Employers” as well as a top employer in Tennessee and the Nashville metropolitan area by Forbes for several years running. We welcome those who are interested in learning and growing professionally with an employer that strives to create, foster and sustain opportunities as an employer of choice through:
- Working and growing together as a community of communities… we are One Vanderbilt.
- Providing a work environment where every staff and faculty member can be their authentic and best self, while providing the resources and opportunities to learn and grow.
- Encouraging development, collaboration, and partnership both internally and externally while fostering the value that every member of the Vanderbilt community can lead and grow regardless of title or position.
We understand you have a choice when choosing where to work and pursue a career. We understand you are unique and have a story. We want to hear it. We encourage you to apply today so that you might become a part of our story.
Vanderbilt University has made the health and safety of our students, faculty and staff and our surrounding communities a top priority. As part of that commitment, the University requires all employees to (1) participate in any required on-campus COVID-19 testing protocol as may then be in effect, or (2) show proof of full vaccination against COVID-19.
Expected salary:
Location: Nashville, TN
Job date: Sun, 10 Jul 2022 02:14:41 GMT
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