Research Financial Administrator, Division of Research & Innovation at Wayne State University in Detroit, MI

Job description

The Research Financial Administrator provides comprehensive financial and administrative support for sponsored research shared services model within the Division of Research and Innovation (DORI). The Research Financial Administrator serves as a key resource for financial planning and post-award administration, providing analysis and guidance to support operational effectiveness, accurate financial management, and long-term sustainability of research programs. This positions reports to the Associate Director, Finance. Essential Functions : Manages and monitors all unit budgets in compliance with allocation methodologies, budget policies, sponsor requirements, and applicable regulations across multiple fund types, including general funds, scholarships, endowments, and sponsored programs. Provides comprehensive financial reporting, forecasting, and analytical support to Division leadership and Principal Investigators to facilitate strategic planning and informed decision-making. Develop detailed financial analyses, statistical reports, and fiscal activity summaries to support operational oversight, resource management, and long-term financial sustainability. Provides oversight of DORI commitments and cost-sharing activities, including budget development, financial monitoring, and compliance tracking. Ensures responsible stewardship and safeguarding of departmental assets and financial resources through accurate oversight of expenditures, proper allocation of funds, and adherence to institutional and sponsor requirements. Manage or assists in the oversight for the preparation of grant proposals and contractual agreements and associated budgets; ensure the timely submission of proposals or agreements and progress reports, which meet institutional or Division mandates. Manages the financial and budget aspects of the grant award functions, both pre and post, including the development and review of specific budgets and knowledge of the funding process as well as the administrative implementation of the financial, budgetary, and projection of expenditures. Reconcile Human Resource System data to Financial Management System data. Prepares projections or forecasts of expenses in comparison to budget categories/line items to avoid deficits, optimize use of available funds, and adhere to approved budget parameters. Facilitate, lead, and participate in projects and multidisciplinary teams. Performs other related duties as assigned.