Financial Analyst
- Requisition #: 165783
- Location: Houston, TX
- Posted Date: 9/25/2024
The mission of The University of Texas M. D. Anderson Cancer Center is to eliminate cancer in Texas, the nation, and the world through outstanding programs that integrate patient care, research and prevention, and through education for undergraduate and graduate students, trainees, professionals, employees and the public.
The Core Facilities Financial Analyst provides professional-level sponsored projects management with specific responsibility for post-award functions that include, but may not be limited to, budget development, account maintenance and oversight, billing/invoicing, accounts receivable, reporting, compliance, and closeout for 4-6 institutional core facilities. This position is responsible for generation of financial reports to enable evaluation and review of the financial impact of newly proposed shared resources and services as well as of the closure of shared resources. Assists the Associate Director of Finance/Sr. Core Facility Financial Analyst in complex and relevant data analysis, and annually updating financial components of business plans and pricing strategy for institutional core facilities. Fosters effective working relationships across the organization between MDACC faculty and staff, department chairs, senior leadership, and various administrative departments.
Key Functions
Financial Management (55%)
· Maintains familiarity with federal regulations (e.g., Uniform Guidance, DFAR) and sponsor guidelines related to financial research administration
· Reviews award documentation to extract core demographic details, identify financial deliverables, and financial compliance-related requirements
· Performs post-award financial research administration activities including, but not limited to, budget development, account maintenance and oversight, billing/invoicing, accounts receivable, reporting, compliance, and closeout; updating existing accounts as needed to ensure accuracy of demographic and financial details; monitoring account activities to ensure expenditures align with the proposed scope and any subsequent revisions
· Implements transactions related to accounting issues, including project over runs, and accelerated spending or underspending by recommending ePAFs, nSCTs, or manual journals
· Completes timely award/project closeout activities; coordinates with others as needed to achieve appropriate closeout status and inactivate the award and related funds; initiates residual balance transfer or refund processes when necessary
Reporting & Analysis (25%)
· Provides financial accountability and ensures compliance with state and MDACC procedures and internal control guidelines for accounting, reporting, and administrative services
· Performs account reconciliations with varying ranges of complexities to include reviewing, monitoring, analyzing, and synthesizing information
· Extracts, analyzes, and prepares financial reports, with strong attention to detail and a high level of accuracy; routing reports for approvals and submitting approved reports using prescribed methods
· Examines historical and projected financial data/cost studies to provide valuable data to make financial and operational decisions.
· Maintains accurate reporting schedules and related details to ensure timely submission of deliverables and meeting internal and external deadlines
Fiscal Policy and Internal Controls (10%)
· Ensures compliance with institutional, state and federal policies and procedures related to financial compliance matters
· Implements solutions and best practices to enable more efficient financial operations management
· Performs periodic audits to ensure that financial management standards are maintained.
· Oversees fund stewardship, ensuring that fund expenditures are appropriate and allowable, and notifies appropriate leadership when issues arise
· Serves as a resource for identifying patterns and trends of fiscal concern
· Maintains institution-wide security access to MDACC computer systems as required per the scope of duties of this position
Training & Support (5%)
· Seeks and attends training, meetings, etc. focused on federal regulations, financial research administration, or other relevant areas to keep abreast of changes and maintain fluency in areas specific to research administration
Other Duties as Assigned (5%)
Education
Required: Bachelor's degree in Business Administration or related business specialty.
Experience
Required: Two years business experience to include project management, data analysis or accounting.
Preferred: Five (5) or more years of directly relevant experience in post-award grants management and/or core facilities financial management.
Progressive finance, business, and research administration experience in a healthcare environment. Experience to include budgeting, financial reporting, cost- analysis, data analysis, benchmarking, strategic planning, query development and report design.
In depth knowledge of Uniform Guidance and other regulations for grants and contracts.
In depth financial analysis and reporting skills.
License/Certification Preferred: Certificate in Research Administration from an accredited granting organization
It is the policy of The University of Texas MD Anderson Cancer Center to provide equal employment opportunity without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity/expression, disability, protected veteran status, genetic information, or any other basis protected by institutional policy or by federal, state or local laws unless such distinction is required by law. http://www.mdanderson.org/about-us/legal-and-policy/legal-statements/eeo-affirmative-action.html
Additional Information
#LI-Hybrid
The Core Facilities Financial Analyst provides professional-level sponsored projects management with specific responsibility for post-award functions that include, but may not be limited to, budget development, account maintenance and oversight, billing/invoicing, accounts receivable, reporting, compliance, and closeout for 4-6 institutional core facilities. This position is responsible for generation of financial reports to enable evaluation and review of the financial impact of newly proposed shared resources and services as well as of the closure of shared resources. Assists the Associate Director of Finance/Sr. Core Facility Financial Analyst in complex and relevant data analysis, and annually updating financial components of business plans and pricing strategy for institutional core facilities. Fosters effective working relationships across the organization between MDACC faculty and staff, department chairs, senior leadership, and various administrative departments.
Key Functions
Financial Management (55%)
· Maintains familiarity with federal regulations (e.g., Uniform Guidance, DFAR) and sponsor guidelines related to financial research administration
· Reviews award documentation to extract core demographic details, identify financial deliverables, and financial compliance-related requirements
· Performs post-award financial research administration activities including, but not limited to, budget development, account maintenance and oversight, billing/invoicing, accounts receivable, reporting, compliance, and closeout; updating existing accounts as needed to ensure accuracy of demographic and financial details; monitoring account activities to ensure expenditures align with the proposed scope and any subsequent revisions
· Implements transactions related to accounting issues, including project over runs, and accelerated spending or underspending by recommending ePAFs, nSCTs, or manual journals
· Completes timely award/project closeout activities; coordinates with others as needed to achieve appropriate closeout status and inactivate the award and related funds; initiates residual balance transfer or refund processes when necessary
Reporting & Analysis (25%)
· Provides financial accountability and ensures compliance with state and MDACC procedures and internal control guidelines for accounting, reporting, and administrative services
· Performs account reconciliations with varying ranges of complexities to include reviewing, monitoring, analyzing, and synthesizing information
· Extracts, analyzes, and prepares financial reports, with strong attention to detail and a high level of accuracy; routing reports for approvals and submitting approved reports using prescribed methods
· Examines historical and projected financial data/cost studies to provide valuable data to make financial and operational decisions.
· Maintains accurate reporting schedules and related details to ensure timely submission of deliverables and meeting internal and external deadlines
Fiscal Policy and Internal Controls (10%)
· Ensures compliance with institutional, state and federal policies and procedures related to financial compliance matters
· Implements solutions and best practices to enable more efficient financial operations management
· Performs periodic audits to ensure that financial management standards are maintained.
· Oversees fund stewardship, ensuring that fund expenditures are appropriate and allowable, and notifies appropriate leadership when issues arise
· Serves as a resource for identifying patterns and trends of fiscal concern
· Maintains institution-wide security access to MDACC computer systems as required per the scope of duties of this position
Training & Support (5%)
· Seeks and attends training, meetings, etc. focused on federal regulations, financial research administration, or other relevant areas to keep abreast of changes and maintain fluency in areas specific to research administration
Other Duties as Assigned (5%)
Education
Required: Bachelor's degree in Business Administration or related business specialty.
Experience
Required: Two years business experience to include project management, data analysis or accounting.
Preferred: Five (5) or more years of directly relevant experience in post-award grants management and/or core facilities financial management.
Progressive finance, business, and research administration experience in a healthcare environment. Experience to include budgeting, financial reporting, cost- analysis, data analysis, benchmarking, strategic planning, query development and report design.
In depth knowledge of Uniform Guidance and other regulations for grants and contracts.
In depth financial analysis and reporting skills.
License/Certification Preferred: Certificate in Research Administration from an accredited granting organization
It is the policy of The University of Texas MD Anderson Cancer Center to provide equal employment opportunity without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity/expression, disability, protected veteran status, genetic information, or any other basis protected by institutional policy or by federal, state or local laws unless such distinction is required by law. http://www.mdanderson.org/about-us/legal-and-policy/legal-statements/eeo-affirmative-action.html
Additional Information
- Requisition ID: 165783
- Employment Status: Full-Time
- Employee Status: Regular
- Work Week: Days
- Minimum Salary: US Dollar (USD) 66,000
- Midpoint Salary: US Dollar (USD) 82,500
- Maximum Salary : US Dollar (USD) 99,000
- FLSA: exempt and not eligible for overtime pay
- Fund Type: Hard
- Work Location: Hybrid Onsite/Remote
- Pivotal Position: No
- Referral Bonus Available?: No
- Relocation Assistance Available?: No
- Science Jobs: No
#LI-Hybrid
