The position of Research Accounting Specialist at Baylor College of Medicine is a key role that supports the financial management of sponsored projects. This position involves overseeing the financial aspects of these projects from billing until their closeout. It includes preparing invoices, maintaining accurate records, and ensuring compliance with applicable guidelines and standards. The job is designed to be remote within Texas, specifically catering to candidates located in that state.
The responsibilities of the Research Accounting Specialist are diverse and encompass various financial tasks related to sponsored projects. Some of the key duties include:
Creating invoices and financial reports for sponsored projects, ensuring they align with sponsor guidelines and are submitted on time.
Scrutinizing transactions, account balances, and associated documentation to identify discrepancies. This also involves determining the necessary corrections to maintain accurate financial records.
Keeping grant and financial information up to date within the appropriate systems to ensure records are always accurate and current.
Contacting sponsors to address unpaid invoices and aid in resolving billing or payment issues. The specialist must be proactive in following up and ensuring that outstanding payments are adequately handled.
Preparing and collecting supporting documents required for sponsor inquiries, audits, and project closeouts.
Maintaining organized financial records and documentation to serve as references for future inquiries and ensure compliance with institutional procedures and accounting standards.
Performing additional job-related duties as assigned, which require attention to detail and strong organizational skills.
To be eligible for this role, candidates must meet certain qualifications. The minimum requirements include:
A Bachelor's degree in Accounting, Finance, Business, or a related field.
Alternatively, candidates with four years of relevant experience may qualify for the position without a degree.
No prior work experience is mandatory for candidates holding a Bachelor's degree, demonstrating the role's accessibility for recent graduates.
In terms of preferred qualifications, prior experience working in a research academic setting or a comparable environment is considered advantageous. Additionally, a high proficiency in Excel is essential for this role, as the job involves a considerable amount of data handling and financial reporting.
The position of Research Accounting Specialist is not eligible for visa sponsorship. Candidates must be legally authorized to work in the United States at the time of application and maintain this authorization throughout their employment period.
While the specific salary range for this position was not disclosed in the provided details, it is often advisable for job seekers in similar roles to research average salaries for Research Accounting Specialists in Texas or financial roles within academic institutions to gauge potential earnings.
Baylor College of Medicine is committed to creating an Equal Opportunity/Affirmative Action workplace. This commitment indicates the organization’s focus on fair hiring practices, providing equal access to employment, and fostering an inclusive work environment. Candidates can expect an organization that values diversity and strives to create an egalitarian work culture.
The role of a Research Accounting Specialist at Baylor College of Medicine is ideal for candidates with a background in finance or accounting, particularly those who are detail-oriented and familiar with managing finances related to academic research. The job requires strong organizational skills, the ability to work independently in a remote setting, and an understanding of financial compliance in research. This position presents an excellent opportunity for those looking to advance their careers in the finance and accounting sectors within an academic and research-focused organization.
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