The Unit of Grants and Contracts Management is responsible for the financial administration of all external grants and contracts. Specific responsibilities include, but are not inclusive of:
- Serving as a point of contact with agencies for fiscal matters;
- Assisting Principal Investigators/Program Directors in fiscal post-award administration;
- Ensuring consistent application and compliance of institutional policies and procedures and federal regulations related to fiscal matters;
- Establishing accounts for programs after fiscal review of award documentation;
- Informing Principal Investigators/Program Directors of program expenditures and encumbrances;
- Billing expenditures and timely submission of fiscal reports;
- Ensuring that all documented cost-sharing is verified, maintained, and properly reported to the sponsoring agency;
- Confirm, validate, and recover all indirect costs; and
- Proper closeout and reconciliation of institutional accounts to ensure compliance.