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Meharry Medical College

Assistant Vice President, Research Finance & Compliance

Meharry Medical College, Nashville, Tennessee, United States, 37247

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Assistant Vice President, Research Finance & Compliance

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Meharry Medical College

Reporting directly to the Senior Vice President and Chief Financial Officer (SVP/CFO), the AVP ensures sound fiscal stewardship and adherence to federal, state, sponsor, and institutional regulations governing sponsored research activity.

The role encompasses comprehensive management of Research Grant Pre-Award Accounting, Research Grant Post-Award Accounting, and Research Grant Cost Accounting to ensure accurate proposal budgeting, financial tracking, reporting, and compliance across all research programs.

Collaboration with the Office of Research and Innovation, principal investigators, departmental administrators, and external funding agencies maintains financial integrity, transparency, and operational efficiency throughout the grant lifecycle.

This position plays a key role in developing policies and processes that strengthen internal controls, enhance audit readiness, and support the long-term sustainability and growth of Meharry’s research portfolio.

Essential Functions (Principal Duties and Job Responsibilities)

Maintain an inventory of active research grant pre-award applications in process with anticipated submission deadlines.

Support MMC research faculty to develop the budget and financial sections of research grant applications and proposals for submission to funding agencies.

Develop research grant budgets in accordance with MMC standard methodologies, policies, and procedures.

Format approved MMC standardized research grant budgets to meet funding agency submission requirements.

Monitor funding agency approval or denial of submitted research grants.

Maintain an inventory of active research grants with major operating statistics (e.g., total award, duration, estimated annual budget, major reporting deadlines).

Open new grant accounts in the MMC accounting system.

Support MMC research faculty to manage grant budgets and forecasts in accordance with MMC standard methodologies, policies, and procedures.

Provide all necessary routine financial and accounting information to funding agencies in the format required within contract deadlines (e.g., Federal Financial Reports FFR).

Provide monthly research grant budget to actual data, and other financial management reporting as needed to each Primary Investigator or research grant leadership team and associated management staff.

Meet monthly with Primary Investigators or research grant leadership teams at least monthly if there are substantial budget to actual variations and not less than quarterly if there are minimal budget variances.

Close completed or terminated grant accounts in the MMC accounting systems.

Develop and implement standardized research function cost accounting methodologies, including annual updates to indirect, administrative, and overhead allocation factors for use in research grant budgets.

Develop and implement research accounting and financial reporting compliance policies and procedures.

Review all funding agency requests for clarification or additional financial or accounting information.

Lead the collection and submission of funding agency requested financial or accounting information in collaboration with the associated post-award accounting specialist and primary investigator(s).

Knowledge, Skills, and Abilities Required

Five (5) years of leadership experience in a similar sized academic research organization with a similar level of responsibility.

Background in biomedical research, grant accounting required.

Background in biomedical research, financial compliance management required.

Knowledge, Skills, and Abilities Preferred

Experience with Workday ERP system preferred.

Education and Experience Required

Bachelor’s degree in Accounting, Finance, Business or related field.

Graduate degree in Accounting, Finance, Business or related field preferred.

Licensure, Certification, or Registration

None required.

Preferred Licensure, Certification, or Registration

None preferred.

This job description reflects the general duties and responsibilities necessary to describe the principal functions of the job, as identified, and shall not be considered an exhaustive list of job responsibilities which may be inherent in the job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. The responsibilities listed may be subject to change at any time and individuals may be asked to perform duties outside of their regular responsibilities to support the ongoing operations and mission Meharry Medical College and its facilities.

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