Research Accountant

About Drexel

Drexel is one of Philadelphia's top 10 private employers, a comprehensive global research university and a major engine for economic development in the region. With over 24,000 students, Drexel is one of America's 15 largest private universities. Drexel has committed to being the nation’s most civically engaged university, with community partnerships integrated into every aspect of service and academics.

Job Summary

The Research Accountant is responsible for analyzing financial information and performing a variety of accounting duties associated with the timely and accurate preparation and reporting of sponsored project financial data, in accordance with applicable accounting, industry, regulatory, and institutional principles and policies. Finalist experience and skills will determine final position classification.

Essential Functions

• Ability to perform fund set-up and fund modifications when needed.
• Research inquiries from Departmental Administrators and Principal Investigators regarding financial data, provide information and act as a liaison with other administrative departments to ensure accurate recording of all transactions into the general ledger.
• Communicate with internal and external contacts to ensure accuracy of post-award support for fund administration. Communicate with sponsors and subcontractors regarding contract and or budget modification.
• Operate as a functional liaison in support of individual faculty, principal investigators, departmental administrators, and others integral to effective management of externally sponsored awards. Work with principal investigators and administrators to ensure accurate and timely processing of financial data.
• Analyze and reconcile grant funds and related accounts to identify errors or discrepancies. Monitor and reconcile facilities and administrative charges and fringe benefit charges on sponsored project funds. Monitor budget variances and determine sponsor approval from terms and conditions of the award. Maintain the required financial record for each award.
• Review and approve no-cost extension requests, obtaining the approval from the sponsors, as necessary.
• Maintain up-to-date knowledge of sponsor regulations and policies; Understand federal compliance regulations and provide guidance to investigators and departmental administrators.
• Aid internal and external auditors and prepare supplementary analyses as required by the auditors.
• Prepare account analyses utilizing review of account activity and supporting documentation.
• Review source documentation (award terms and conditions, award budgets, COEUS budgets, etc.).
• Prepare journal entries as determined initially by the manager or assistant director and, as experience progresses, independently. Ensure routine journal entries are prepared timely and utilize accounting knowledge, judgment and reconciliation tools to identify transactions requiring non-routine journal entries.

Required Qualifications

• Bachelor’s degree in Business, Finance or Accounting
• 1 year of professional experience
• Demonstrates ability to use Microsoft Office 365 software (Word, Excel, Access, Powerpoint).
• Demonstrates proficiency with Banner Finance, COEUS Lite, COEUS Premium, Nolij Imaging system, Hyperion and WebFinancials.
• Demonstrates excellent verbal, written and interpersonal skills.

Preferred Qualifications

• Previous experience in research accounting in a non-profit and/or higher education environment.

Physical Demands

• Typically sitting at a desk/table.
• Typically standing, walking
• Lifting demands less than 25 lbs

Location

Remote

Additional Information

This position is classified as exempt with a salary grade of K. For more information regarding Drexel’s Professional salary structure, https://drexel.edu/hr/career/ducomp/salstructure/

Special Instructions to the Applicant

Please make sure that you upload your resume and cover letter when submitting your application.

Review of applicants will continue until a suitable candidate pool is identified.

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Advertised:Jan 12 2022 Eastern Standard Time
Applications close:Feb 12 2022 Eastern Standard Time