Department Summary:
The Post-Award Research Administration Office in the Division of Finance is responsible for the post- award financial oversight of all sponsored project activity at Tufts University. Post-Award develops and implements sponsored project compliance programs working closely with Pre-Award Research Administration, Schools and other University administrative offices ensuring financial activities comply with federal/state or donor regulations as well as university policy. Post-Award is also responsible for financial reporting, cash collection and the sponsored project related data created and maintained in PeopleSoft Financials in support of sponsored project activity. This includes the creation and closeout of awards within the system, monitoring budget and expense activity and assisting research departments in the fiscal management of their sponsored projects. Additional responsibilities include drawdowns, billing and collection of receivables. Post-Award is a key resource in the administration and interpretation of sponsored project financial regulation and compliance matters. Working closely with university administration and the research community, Post-Award is responsible to provide guidance in developing practical solutions to sponsored project management issues.
Job Summary:
The Post Award Financial Specialist manages grants and contracts in accordance with government regulations, donor requirements, and university policy. This individual provides customer service to faculty and administrators to monitor cash flow; establish new grants and monitor activity; and analyze and process financial data in the general ledger. S/he also projects cash needs, draws funds from letter of credit agencies, issues invoices to donors and facilitates cash collection. The Specialist generates financial reports for a variety of agencies, prepares balance sheets and schedules, and relays information for financial statement preparation. S/he acts as a resource to the Principal Investigator and others in the community by responding to inquiries, providing training, and participating in special projects.