A team of research accountants and administrators, known as Post-Award, partner with individuals such as the principal investigator, department head, and business manager as well as other University faculty to ensure the financial management of sponsored projects. They address all compliance needs specific to the funding source, federal regulations and requirements, and University policies.
Responsibilities
- Set-up new awards and post budgets authorized by OSP.
- Management of award and budget through research and monitoring.
- Ensure financial management of all approved sponsored projects including invoicing, cost share analysis, F&A reduction calculations, receipt of funds and bad debt processing as needed, etc.
- Calculate and recover all valid indirect costs.
- Verify that monthly/quarterly charges meet the budget justification and email the business manager to request removal of unallowable expenditures.
- Communicate with sponsoring agency as needed.
- Address compliance needs specific to the funding source.
- Collaborate with faculty and business managers to ensure spending compliance.
- Achieve reporting requirements.
- Confirm sponsored projects are in accordance with all applicable federal and state rules and regulations.
- Manage financial and compliance audits.