Position Summary
The Finance and Compliance Manager is responsible for assisting the Sponsored Projects Finance Team with the financial administration of a diverse portfolio of private and public grants and contracts of varied complexity, ensuring that they are administered in a fiscally responsible manner, complying with all applicable rules and regulations established by both the sponsor agency and the University.
Responsibilities
Ensuring the accuracy and timeliness of financial data, assisting in the preparation of financial reports and billings to sponsors, tracking receipt of funding and receivables (aging and uncollectable), collecting accounts receivable for accounts, and participating in account close-out.
Provides institutional oversight by monitoring the allowable and appropriate recording of expenses to sponsored projects and the general ledger in order to ensure compliance with generally acceptable accounting principles (GAAP) and sponsor reporting requirements.
Prepares required close-out documents for grants and/or contracts, including contractors' releases and assignments; reviews sponsoring agency policies, regulatory documents, and other literature related to sponsored project financial administration to maintain familiarity with granting and contracting agency policies and revisions.
Responsible for customer service, a core mission of the department, by identifying internal and external customers and providing them with the appropriate support regarding sponsored project financial administration and general ledger accounting.
Assists management in identifying opportunities to streamline and improve processes, providing input for automating processes, and actively implementing changes as needed. Maintains records in accordance with internal procedures, demonstrating compliance with sponsor regulations concerning equipment, project expenditures, and other fiscal concerns, and interacts with auditors during their reviews.
Performs special projects and other related duties as assigned.
Minimum Qualifications
Preferred Qualifications
Other Requirements
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
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