The Portfolio Associate will be responsible for assisting in the management of the grant and contract application and post award process. Will provide financial stewardship of a portfolio of grants and contracts for sponsored research and present financial information and recommendations through data analysis and reporting while developing and maintaining budgets. Responsible for providing appropriate guidance on compliance matters during management of portfolio and collaborates with account holders to maintain such compliance. The Portfolio Associate role is a 12 - 18 month program that focuses on accelerating the development of Grant Accountants while creating a pipeline of high-performing talent. The Portfolio Associate will span across various financial components while combining specialized training, unique job assignments and interactive experiences to equip you with exceptional technical, financial and business skills. Will participate in specialized training provided by Office of Research Administration, Grant & Contract Administration and Financial Administration, YSM Finance, and other University compliance offices. Financial Reporting & Analysis: Identifies trends and variances through the development of reports such as forecast and trend analyses. Analyzes budgets to ensure appropriate charging of expenses and integration of data, analyze data and develop complex analytical reports for principal investigators including trend analysis, forecast future financial scenarios, develop long range projections, and variance analyses. Budget Development: Develops proposals and budgets for grant and contract submissions; coordinate with partnering institutions. Help to ensure compliance with sponsor regulations and University policies and procedures. Compliance and Risk Management: Reviews, interprets and effectively applies sponsor policies on a variety of topics including cost allowability, budget management and other award management activities to ensure compliance with sponsoring agency requirements and University policies and procedures. Planning, organizing and prioritizing actions to ensure compliance across multiple awards and investigators' portfolios. Effective Finance Partner: Interacts with faculty and internal and external contacts, such as the School of Medicine, Grant & Contract Administration and Grant & Contract Financial Administration, and granting agencies by helping manage the internal pre award proposal process and the management of sponsored funding. May perform other duties as assigned.
Preferred Education: Bachelor's degree in Accounting, Business or Finance. Demonstrated application of financial, accounting and economic concepts.
Preferred Education, Experience and Skills: Bachelor's degree in Accounting, Business or Finance. Demonstrated application of financial, accounting and economic concepts.
Required Skill/ability 5: Excellent customer service skills; effective verbal and written communication skills.
Posting Position Title: Portfolio Associate
Required Skill/ability 3: Well-developed analytic and problem-solving skills. Well-organized and have an orientation to detail. Ability to recognize, correct, and prevent recurrence of errors.
Work Week: Standard (M-F equal number of hours per day)
University Job Title: Portfolio Associate
Required Skill/ability 1: Comprehensive knowledge of accounting theory and analysis. Strong computer skills, including but not limited to: MS Excel, Word, and MS Access.
Required Skill/ability 4: Proactive with strong sense of urgency to deadlines, curious and resourceful. Ability to prioritize, meet deadlines, manage time and resources effectively. Ability to read and comply with policies, procedures and guidelines.
Required Skill/ability 2: Ability to cultivate and maintain strong working partnerships and communicate with faculty, Principal Investigators, sponsors, Office of Sponsored Projects, and other key stakeholders. Guide faculty and staff through changes in sponsor and Yale requirements.
Bachelor's degree required with no experience necessary.
Internal Number: 66125BR
About Yale University
Yale University is an American private Ivy League research university located in New Haven, Connecticut. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States.