Business managers provide administrative, financial, and technical support for sponsored projects. They work closely with principal investigators during the proposal/approval process of an award. They perform periodic review and reconciliation of accounts and work to timely find resolution as issues arise.
Responsibilities
- Review the proposed budget in Cayuse and expedite the approval process of the budget proposal and budget justification.
- Review the contract requirements and verify posted budget.
- Complete the advanced account form and forward to Post-Award.
- Review and amend the approved budget, if necessary.
- Provide documentation for financial transactions.
- Manage payroll for personnel on projects as directed by the period of performance.
- Monitor financial reports including cost share requirements.
- Timely reconcile ledgers – ledgers require PI approval.
- Process requests from Post-Award to provide budget justification and remove unallowed expenses.
- Verify effort certification reporting.
- Conduct subrecipient monitoring including approval of subcontractor invoices.
- Work with Post-Award to ensure accuracy of final invoice and close out documentation.