[Hiring] Financial Analyst @University of Texas at Austin

Role Description

This position is responsible for the financial management and analytical support of sponsored programs within OSP Post-Award's Grants Financial Management team. The Financial Analyst conducts data-driven reporting and variance analysis and assists with key financial processes including LOC draws, receivables, refunds, and payment reconciliation. This role serves as an analytical and operational resource for the team, leveraging reporting and automation tools to improve financial accuracy and efficiency across the sponsored programs portfolio.

• Assists with Funds Management within the Office of Sponsored Projects, reviewing processes for efficiencies and contributing to tools that improve workflow.
• Conducts financial and operational analysis, including trend analysis, variance reviews, and reporting, leveraging manual and automated reporting tools to enhance financial decision-making.
• Escalates and communicates financial issues, providing timely updates on analytics deliverables and receivables activity.
• Processes weekly Letter of Credit (LOC) draws, including preparation of draw reports, creation of supporting vouchers, review of LOC account balances, and income adjustments. Ensures appropriate fund placement for sponsored projects and conducts post-draw reconciliation to verify accurate fund application and maintain correct project balances.
• Assists with processing refunds on sponsored funds by preparing required documentation and coordinating submission through appropriate systems. Maintains status logs to support timely completion.
• Assists with day-to-day sponsored receivables activities, including monitoring outstanding balances, preparing aging and status reports, and tracking incoming payments such as wire transfers, ACH claims, and cash transfers. Research routine discrepancies, including delayed or misapplied funds, compiles supporting documentation for review, and initiates routine collection communications with university departments and external agencies. Maintains related records.
• Supports program reviews and operational audits, identifying efficiency opportunities and recommending workflow improvements.
• Other related functions as assigned.

Qualifications

• Bachelor’s degree.
• At least 5 years of progressively responsible experience in finance or accounting with experience in planning, forecasting and financial analysis.
• Experience in research administration and governmental or commercial accounting.
• Experience with costing allocations, reporting and analyzing substantial amounts of data.
• Ability to review and interpret the terms and conditions of research grants and contracts.
• Advanced proficiency in Microsoft Excel, including building and maintaining complex spreadsheets, formulas, and data models.
• Strong organizational skills, ability to prioritize multiple ongoing responsibilities with accuracy, diplomacy, and discretion.
• Exceptional attention to detail and ability to hold masterful communication skills that allow high-level interactions with a varied research administration community.
• Demonstrated analytical, problem-solving, and critical thinking skills.
• Excellent teamwork skills; Positive and enthusiastic attitude.
• Eligible to work in the United States for any employer on a full-time basis.
• Relevant education and experience may be substituted as appropriate.

Preferred Qualifications

• Bachelor’s degree in finance, Accounting, or Business Administration.
• Advanced degree in a related field with 5+ years of experience in one or more areas of preparation, processing, negotiation, and management of grant and contract proposals and awards.
• Experience with Power BI or similar data visualization platforms (Tableau, Looker) for dashboard development and stakeholder reporting.
• Familiarity with Power Automate, Power Query, macros (VBA) or other automation tools within the Microsoft 365 ecosystem.
• Ability to work independently with limited supervision and collaboratively within a team environment.
• Knowledge of federal guidelines pertaining to institutions of higher education.
• Certified Research Administrator (CRA).
• Experience working in a Sponsored Projects Office.

Salary Range

$60,000 + depending on qualifications

Working Conditions

• May work around standard office conditions.
• Repetitive use of a keyboard at a workstation.
• Occasional weekend, overtime and evening work to meet deadlines.
• In person participation bi-annually for OSP Summit.

Required Materials

• Resume/CV
• 3 work references with their contact information; at least one reference should be from a supervisor
• Letter of interest