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Research Finance Accountant
Vanderbilt University Medical CenterResponsible for post-award administration of Letter of Credit draws for research at Vanderbilt University. Ensuring accuracy and compliance of funding administration and documentation.
Tech Stack
Tools & technologiesERPOracle
About the role
Key responsibilities & impact- Responsible for preparing all letter of credit draws for research services including ensuring all necessary documentation is complete and accurate
- Expert on process for LOC draws including specific instructions by sponsor to ensure all draws are timely and meet compliance requirements
- Maintain complex schedule of letter of credit draws
- Orchestrate letter of credit draws with sponsors in accordance with draw schedules and university policies
- Record all LOC draws timely and accurately within Oracle
- Investigate and follow up on any letter of credit variances from funds drawn and allowable amounts
- Perform Federal Fund bank reconciliations each month
- Perform cash transaction reconciliations quarterly for LOC agencies.
- Identifies debt owner for US Treasury Offset Program offsets.
- Identifies opportunities for process improvements and changes to policies and procedures.
Requirements
What you’ll need- A Bachelor’s degree from an accredited institution of higher education is preferred or equivalent experience.
- A Bachelor’s degree with an emphasis in accounting is preferred.
- Skill in advanced Excel, Word, and PowerPoint applications is necessary.
- Time management skills and the ability to work well in a team environment is necessary.
- Knowledge of accounting principles and general ledger is necessary.
- Understanding of Enterprise Resource Planning (ERP) systems is preferred.
- Proven detail-oriented work style in collaboration with effective written and verbal communication skills is necessary.
- Ability to build and maintain effective working relationships with a range of people, understanding their needs and goals is necessary.
- Ability to work co-operatively with others as part of a team is necessary.
- Openness to change, adaptability, and the ability to work effectively in a variety of situations is necessary.
- Ability to understand and appreciate different and opposing perspectives on an issue is necessary.
Benefits
Comp & perks- Health insurance
- Professional development opportunities
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
letter of creditbank reconciliationscash transaction reconciliationsaccounting principlesgeneral ledgeradvanced ExcelWordPowerPointEnterprise Resource Planning (ERP) systems
Soft Skills
time managementteamworkdetail-orientedeffective communicationrelationship buildingadaptabilityopenness to changecollaborationunderstanding perspectives