Grant & Contract Analyst I at UMass Chan… · Worcester

Summary: UMass Chan Medical School is seeking a Grant & Contract Analyst I to support the financial and administrative functions of post-award grants, contracts, and restricted gifts. The role involves monitoring compliance, managing financial transactions, reconciling accounts, and preparing financial reports to ensure continued funding for research. Responsibilities: - Contribute to monitoring and analysis activities of the university portfolio of research project grants, contracts, and restricted gifts, from award through closeout to protect the integrity of the university’s research enterprise - Enter award data in the financial system of record to establish the project record - Utilize reports and queries to monitor expenditures for accuracy and adherence to required policies and regulations - Work with departments to ensure appropriate action and resolution of issues - Process invoices and payments based on the terms of the contract to ensure cash management requirements - Manage reconciliation of receipts and accounts receivable - Identify sponsor terms and conditions that require attention - Collaborate with departments to facilitate best grants management practices - Provide guidance and direction to external department staff to resolve compliance issues - Take appropriate action to process necessary corrections - Reconcile expenditures, disbursements, and receipts - Prepare and submit financial reports to ensure compliance with sponsor and institution requirements - Collaborate with pre-award staff in all grants management processes and procedures to ensure excellent customer service standard - Demonstrate willingness and interest in assuming increasing levels of responsibilities and networking - Communicate in a clear and concise manner to elicit and disperse information - Perform other duties as required Required Qualifications: - Bachelor's degree in Business, Accounting, Finance or related field or equivalent experience - 0-1 years related business experience - Proficient in Microsoft Office Suite - Excellent interpersonal, verbal, and written skills needed to present and communicate effectively with a diverse population of stakeholders - Demonstrated time management and problem-solving skills with ability to organize and prioritize workload to meet deadlines - Demonstrated understanding of financial documents such as system reports at summary and detail levels Preferred Qualifications: - Knowledge of OMB Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards - Knowledge of NIH Grants Policy Statement - 3+ years related business experience - Demonstrated ability to analyze and interpret financial documents such as system reports at summary and detail levels - Professional Certification in Research Administration (CRA) or Master's Degree in Research Administration - Proficiency with multiple and varied web-based reporting systems Required Skills: Financial analysis, Grant management, Microsoft Office Suite Important Skills: OMB Uniform Administrative Requirements, NIH Grants Policy Statement