Financial Assurance Officer: ORIED - UTK

Job description

The Financial Assurance Officer position ensures financial compliance with university fiscal policies and requirements established by Federal, state, and local governments, as well as private entities in relation to sponsored projects; works with the manager and university officials to keep policies and procedures current with changing requirements; monitors/tests the effectiveness of departmental compliance to mitigate risk; identifies potential areas of compliance vulnerability and works with supervisor to develop corrective action plans for resolution of problematic concerns; develops/instructs compliance training programs for UTK. Expenditures for Sponsored Projects ranks as a high-risk area of exposure for compliance for this university with managing an average of 2300 WBS elements whose expenditures totaled $317M in FY2024. Applicants are expected to report in person or live within a commutable distance for occasional telecommuting work. Compliance Monitoring: and/or processes to mitigate risks. Periodically review the plans/process to determine if reducing the risk was mitigated or needs further action. the campus research administration community, follow up on the changes t...