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Research Accountant

WCM-Q
New York, NY Full Time
POSTED ON 2/6/2025 CLOSED ON 5/1/2025

What are the responsibilities and job description for the Research Accountant position at WCM-Q?

Position Summary

Establishes and maintains the integrity and health of research related financial accounts. Ensures that institutional fiscal reporting responsibilities are met and cash receipts are optimized through timely and accurate invoicing and reporting.

Job Responsibilities

  • Ensures compliance with regulatory audits / inspections and / or internal reviews. Develops and recommends corrective action plans to address deficiencies identified. May serve as liaison to audit team(s) during on-site visits.
  • Reviews and reconciles accounts, financial transactions, documentation and / or financial reports. Investigates and corrects discrepancies. Escalates issues as needed.
  • Identifies system issues that prevent work product. Escalates critical issues to avoid compliance risks or penalties.
  • Validates budget entries and ensures modifications have been made appropriately according to sponsor guidelines and institutional Finance practices.
  • Prepares sponsor financial reports as per individual sponsor Notice of Award (NOA) required guidelines and timeframes.
  • Ensures institutional adherence to contractual payment terms by submitting appropriate, accurate, and timely invoices, as well as monitoring receipt of payment.
  • Monitors resource allocations and ensures that funds are used accordance with external sponsors' policies. Resolves any deficits and / or inappropriate expenses.

Education

  • Bachelor's Degree in related field
  • Experience

  • Approximately 2 years of related practical experience
  • Knowledge, Skills and Abilities

  • Demonstrated understanding of research account management.
  • Knowledge of finance audit practices is highly desired.
  • Institutional research experience is highly desired.
  • Working knowledge of SAP is highly desired.
  • Licenses and Certifications

    Working Conditions / Physical Demands

  • Standard office work
  • Salary : $69,000 - $83,000

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