Sr Financial Analyst, Research

Nemours - Jacksonville, FL

Full-time

Jacksonville, FL

Hospitals

About the position

As a member of the Research Finance team, the Sr. Financial Analyst is responsible for financial oversight of the grants and contracts closeout procedure. This role requires close collaboration with the Office of Sponsored Projects (OSP) to ensure compliance with all federal and state reporting regulations, as well as adherence to institutional policies and procedures. The Sr. Financial Analyst will take ownership of the Effort Certification Process for all externally funded projects, ensuring that all financial activities are accurately reported and compliant with relevant guidelines. The position involves conducting in-depth financial analysis and forecasting, which includes reviewing final cost transfers, effort certifications and allocations, revenue management, and resolving overdrafts. The analyst will perform variance analysis between billable and non-billable expenditures and manage effort certifications through the Effort Certification and Compliance (ECC) module. Additionally, the Sr. Financial Analyst will assist with the maintenance of the Labor Distribution Schedule (LDS) and will be responsible for approving final financial reports. In this role, the Sr. Financial Analyst plays a key part in the overall financial management of extramural funding and serves as a subject matter expert for problem resolution and financial support to Principal Investigators, Nemours associates, and external entities as needed. Essential functions include preparing and updating the Grant Closeout Worksheet Analysis form at various intervals (120, 90, 60, and 30 days), completing the Financial Analysis closeout package, and meeting with Principal Investigators and OSP Post-award to present financial information for review. The analyst will also be responsible for financial reconciliations, ensuring that all expenditures and commitments are accounted for, and reviewing and approving the Final Financial Report (FFR) and final invoices. Furthermore, the analyst will oversee the entire effort certification process, facilitating quarterly certifications, tracking outstanding and completed certifications, and acting as the point of contact for any necessary adjustments. Collaboration with accounting is essential to ensure that no new transactions are posted after the closeout process is complete.

Responsibilities

• Oversee financial oversight of the grants and contracts closeout procedure.
• Collaborate with the Office of Sponsored Projects (OSP) to ensure compliance with federal and state regulations.
• Own the Effort Certification Process for all externally funded projects.
• Conduct in-depth financial analysis and forecasting.
• Review final cost transfers and effort certifications/allocations.
• Manage revenue and resolve overdrafts.
• Perform variance analysis between billable and non-billable expenditures.
• Manage effort certifications through the ECC module.
• Assist with Labor Distribution Schedule (LDS) maintenance.
• Approve final financial reports.
• Prepare and update Grant Closeout Worksheet Analysis form at specified intervals.
• Complete Financial Analysis closeout package including expenditure review and forecasting.
• Meet with Principal Investigators (PIs) and OSP Post-award to present financial information.
• Ensure Subcontractor Final Invoice is accounted for during closeout.
• Review and approve Final Financial Report (FFR) and final invoices.
• Confirm all Labor Distribution Changes are reflected accurately.
• Facilitate quarterly effort certifications and track outstanding certifications.
• Act as the point of contact for adjustments needed in effort certifications.
• Collaborate with accounting to monitor activity post-closeout.

Requirements

• Bachelor's degree required.
• A minimum of three years relevant finance experience required.