Northeastern University
Financial Analyst
Job Location
Burlington, MA, United States
Job Description
About the Opportunity
This job description is intended to describe the general nature and level of work being performed by people assigned to this classification. It is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
JOB SUMMARY
KRI at Northeastern University, LLC (KRI) - a rapidly growing organization that conducts cutting-edge applied R&D - is seeking a highly motivated and enthusiastic Financial & Compliance Analyst or Sr. Financial & Compliance Analyst to join our team. Title and level are contingent upon qualifications. Knowledge and experience of the full life-cycle (pre-award and post-award) of extramural funding agencies and applicable regulations (OMB Uniform Guidance, FAR, NSF/NIH policies, etc.). Specific and in-depth experience with DoD R&D program administration is required.
The Financial Analyst provides financial and compliance analysis along with pre-award and post-award support to Program Managers and Technical Leads withing the KRI organization. This includes:
MINIMUM QUALIFICATIONS
Understanding of DoD R&D program administration, especially in a classified setting is required. Accounting and finance knowledge and be able to work with budgets; have excellent verbal and written communication skills, strong organizational, prioritization and time management skills, including the ability to manage multiple projects. A strong attention to detail, customer service oriented, initiative, flexibility, and the ability to work independently and as a member of a team are required. Knowledge and skills required are normally obtained through a Bachelor's Degree (finance major preferred) and at least 2-4 years of professional work experience in higher education and/or business setting.
KRI, LLC offers an excellent benefits package including medical, dental, vision, defined contribution retirement plan with company matching, educational, and vacation, personal, sick time, and holiday PTO. For more information about university benefit offerings please visit https://hr.northeastern.edu/benefits/.
Candidate must be willing to work on government contracts and have the ability to hold a DoD security clearance
ITAR Requirement
This position requires access to information that is subject to compliance with the International Traffic Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). In order to comply with the requirements of the ITAR and/or the EAR, applicants will be asked to provide specific documentation to verify U.S. person status under the ITAR and the EAR. A "U.S. person" according to their definition is a U.S. citizen, U.S. lawful permanent resident (green card holder), or protected individual such as a refugee, or asylee. See 22 CFR § 120.15. Some positions will require current U.S. Citizenship due to contract requirements.
KEY RESPONSIBILITIES & ACCOUNTABILITIES
Financial & Compliance Analysis (70%)
• Analyze overall research funding portfolio to assist in resource and personnel allocation planning
• Generate monthly financial and payroll reports
• Partner with PMs to develop comprehensive financial projections of future expenditures including burn rate and personnel forecasts
• Make recommendations to PMs as necessary based on analysis of budget and current expenditures
• Analyze financial and payroll discrepancies to ensure timely corrections.
Compliance Analysis (20%)
• Analyze research funding portfolio to ensure continued compliance with uniform guidance, sponsor, and university regulations
• Provide guidance on cost allowability based on analysis of award terms and conditions
• Review project expenditures, cost transfers, and payroll expenses to ensure proper allocation in accordance with all applicable regulations
• Analyze project budget and actual expenditures for compliance with sponsor specific regulations and make necessary recommendations based on findings
• Analyze staff effort allocations to ensure compliance with terms & conditions of the award.
Adhoc Projects/ Reporting (10%)
• Assist supervisor with analyzing processes to improve workflow and work efficiencies
• Assist in developing new financial analysis and reporting capabilities
Mentor
• Assist less experienced analysts with complex post award scenarios
• Lead team trainings and utilize expertise to mentor new analysts
Position Type
Finance
Additional Information
Northeastern University considers factors such as candidate work experience, education and skills when extending an offer.
Northeastern has a comprehensive benefits package for benefit eligible employees. This includes medical, vision, dental, paid time off, tuition assistance, wellness & life, retirement- as well as commuting & transportation. Visit https://hr.northeastern.edu/benefits/ for more information.
Northeastern University is an equal opportunity employer, seeking to recruit and support a broadly diverse community of faculty and staff. Northeastern values and celebrates diversity in all its forms and strives to foster an inclusive culture built on respect that affirms inter-group relations and builds cohesion.
All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.
To learn more about Northeastern University's commitment and support of diversity and inclusion, please see www.northeastern.edu/diversity.
Location: Burlington, MA, US
Posted Date: 11/22/2024
This job description is intended to describe the general nature and level of work being performed by people assigned to this classification. It is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
JOB SUMMARY
KRI at Northeastern University, LLC (KRI) - a rapidly growing organization that conducts cutting-edge applied R&D - is seeking a highly motivated and enthusiastic Financial & Compliance Analyst or Sr. Financial & Compliance Analyst to join our team. Title and level are contingent upon qualifications. Knowledge and experience of the full life-cycle (pre-award and post-award) of extramural funding agencies and applicable regulations (OMB Uniform Guidance, FAR, NSF/NIH policies, etc.). Specific and in-depth experience with DoD R&D program administration is required.
The Financial Analyst provides financial and compliance analysis along with pre-award and post-award support to Program Managers and Technical Leads withing the KRI organization. This includes:
- Supporting the development and submission of federal, non-federal, state, and industry R&D proposals.
- Development of proposal budgets; coordination of sub-contracts on proposals; compliance checks against institutional policies and sponsor requirements; and review proposals prior to submission.
- Coordinates closely with Northeastern University Research Enterprise Services (NU-RES) Finance and Compliance and the NU-RES Hub.
- Oversees the financial planning and analysis of the KRI's funding portfolio to assist the team with expenditure and payroll forecasting.
- Analyzes the policies and regulations that govern grants, contracts and internal awards to ensure the KRI's programs remains in compliance; provide monthly financial reports, resolving accounting and payroll issues, facilitating annual effort certifications, and reviewing financial reconciliations and working to resolve errors.
- Develops, supports and follows SOPs and safeguards required by classified programs.
MINIMUM QUALIFICATIONS
Understanding of DoD R&D program administration, especially in a classified setting is required. Accounting and finance knowledge and be able to work with budgets; have excellent verbal and written communication skills, strong organizational, prioritization and time management skills, including the ability to manage multiple projects. A strong attention to detail, customer service oriented, initiative, flexibility, and the ability to work independently and as a member of a team are required. Knowledge and skills required are normally obtained through a Bachelor's Degree (finance major preferred) and at least 2-4 years of professional work experience in higher education and/or business setting.
KRI, LLC offers an excellent benefits package including medical, dental, vision, defined contribution retirement plan with company matching, educational, and vacation, personal, sick time, and holiday PTO. For more information about university benefit offerings please visit https://hr.northeastern.edu/benefits/.
Candidate must be willing to work on government contracts and have the ability to hold a DoD security clearance
ITAR Requirement
This position requires access to information that is subject to compliance with the International Traffic Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). In order to comply with the requirements of the ITAR and/or the EAR, applicants will be asked to provide specific documentation to verify U.S. person status under the ITAR and the EAR. A "U.S. person" according to their definition is a U.S. citizen, U.S. lawful permanent resident (green card holder), or protected individual such as a refugee, or asylee. See 22 CFR § 120.15. Some positions will require current U.S. Citizenship due to contract requirements.
KEY RESPONSIBILITIES & ACCOUNTABILITIES
Financial & Compliance Analysis (70%)
• Analyze overall research funding portfolio to assist in resource and personnel allocation planning
• Generate monthly financial and payroll reports
• Partner with PMs to develop comprehensive financial projections of future expenditures including burn rate and personnel forecasts
• Make recommendations to PMs as necessary based on analysis of budget and current expenditures
• Analyze financial and payroll discrepancies to ensure timely corrections.
Compliance Analysis (20%)
• Analyze research funding portfolio to ensure continued compliance with uniform guidance, sponsor, and university regulations
• Provide guidance on cost allowability based on analysis of award terms and conditions
• Review project expenditures, cost transfers, and payroll expenses to ensure proper allocation in accordance with all applicable regulations
• Analyze project budget and actual expenditures for compliance with sponsor specific regulations and make necessary recommendations based on findings
• Analyze staff effort allocations to ensure compliance with terms & conditions of the award.
Adhoc Projects/ Reporting (10%)
• Assist supervisor with analyzing processes to improve workflow and work efficiencies
• Assist in developing new financial analysis and reporting capabilities
Mentor
• Assist less experienced analysts with complex post award scenarios
• Lead team trainings and utilize expertise to mentor new analysts
Position Type
Finance
Additional Information
Northeastern University considers factors such as candidate work experience, education and skills when extending an offer.
Northeastern has a comprehensive benefits package for benefit eligible employees. This includes medical, vision, dental, paid time off, tuition assistance, wellness & life, retirement- as well as commuting & transportation. Visit https://hr.northeastern.edu/benefits/ for more information.
Northeastern University is an equal opportunity employer, seeking to recruit and support a broadly diverse community of faculty and staff. Northeastern values and celebrates diversity in all its forms and strives to foster an inclusive culture built on respect that affirms inter-group relations and builds cohesion.
All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.
To learn more about Northeastern University's commitment and support of diversity and inclusion, please see www.northeastern.edu/diversity.
Location: Burlington, MA, US
Posted Date: 11/22/2024
Contact Information
| Contact | Human Resources Northeastern University |
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