Financial Administrator
2 weeks ago
Please refer to the
job aid for instructions on how to apply.
Position Summary:
Responsible for financial management of complex research grants requiring detailed financial analysis and reporting including variance analysis. Ensures the University complies with the sponsors’ set guidelines, policies and procedures as well as adheres to specific detailed budget requirements imposed by the sponsors. Acts as a liaison on behalf of central financial services unit with researchers, departments, faculties, ensuring that financial transactions are processed and approved according to sponsor guidelines and regulations as well as McGill’s policies and procedures. Acts as a central liaison with external sponsors.
Primary Responsibilities:
- Prepare financial statements and invoices to agencies according to the sponsors’ set deadlines while ensuring compliance with sponsor guidelines and restrictions
- Set up the financial structure to ensure the sound administration of large-scale projects
- Utilize various types of reporting templates
- Reconcile expenditures against the general ledger and resolve discrepancies
- Promptly notify the PIs to bring expenditures in line with budgets of the research agreements
- Monitor a diverse range of outstanding receivables based on various payments schedules and follow up with sponsors regarding outstanding payments to ensure timely receipts of payments
- Approve financial transactions for fund availability and proper coding within established limits
- Review expenditures charged to researcher funds for eligibility and compliance
- Track and report both in-kind and cash contributions for large-scale projects to ensure the university is in compliance with the initial signed agreements with the sponsors
- Establish and foster effective working relationships by identifying needs and providing support in the delivery of services. Analyze problems, determine course of action, and provide possible solutions to the supervisor in order to resolve more complex issues
- Communicate with external sponsors, departments, researchers, FST Managers and OSR regarding current and any outstanding issues
- Represent unit in meetings as they relate to grants in order to provide in depth details surrounding project expenditures
Other Qualifying Skills and/or Abilities
- Minimum Education and Experience:
- DEC III Related Experience /
Hourly Salary:
(MUNACA Level G) $30.28 - $37.52
- Hours per Week:
- 33.75 (Full time)
Supervisor:
Supervisor Research Financial Management Services
Position End Date (If applicable):
2024-05-31
- Deadline to Apply:
- 2023-05-16
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