Financial Analyst II, DE Biotechnology Institute DBI, Research Office

University of Delaware

Newark, DE

Job posting number: #7075396

Posted: February 23, 2021

Application Deadline: Open Until Filled

Job Description


The Delaware Biotechnology Institute (DBI) is an interdisciplinary research unit at the University of Delaware. The vision is to create a better future through leadership in life science research. Most, but not all, of DBI's activities involve molecular and cellular studies of living systems and many, but not all, of the research activities involve partnerships with other institutions in the region. DBI's mission is to promote research, education, and technology transfer for biotechnology applications to the benefit of the environment, agriculture, and human health. DBI fosters a collaborative and cutting-edge research environment, encourages innovation and technology transfer, and supports ground-breaking discoveries to benefit the environment, agriculture, and human health. DBI staff will be committed to being proactive in solving problems, serving the needs of the faculty and research groups that rely on DBI, performing all duties efficiently, with careful attention to detail, and with priority on issues that support the Institute's mission and the team.

Under limited direction, the Financial Analyst II interacts with DBI management, staff, faculty and students, University administrators, and other academic institutions to exchange information and resolve financial issues relating to the affairs of DBI including contracts & grants. The Financial Analyst II manages all financial, departmental, and research accounts.


Manages all financial affairs related to DBI as defined above. Analyzes and reviews budgets and expenditures ensuring compliance with sponsoring agencies' regulations and University procedures. Performs complex financial analysis and budgetary projections, analysis of actual activity and cost feasibility studies to facilitate decision-making and planning.
Manages departmental, core, and research accounts to ensure availability of funds. Prepares reports and provides guidance at the monthly budget meeting, recommending solutions to ensure budget compliance; monitors accounts; reviews/revises budgets; recommends reallocation of funds; provides financial analysis/reports/variance explanations as needed.
Manage the iLab /Agilent platform for service centers/cores, including, billing, reporting, training, and procedure development.
Assists the in the reporting and monitoring of DBI's multi­ year projection report and developing long-range financial models for forecasting.
Manages the pre-award process including review of solicitation and sponsor requirements, preparing budgets, obtaining paperwork related to sub awards, ensures accurate completion and approval of proposal package.
Manages post-award and close-out process ensuring compliant expenditures, completion of technical, annual and other sponsor-required reports.
Advises DBI management on preparation of financial reports for submission to the government and other sponsoring agencies and assists in resolving procedural problems.
Audits departmental purchasing and procurement card transactions and makes decisions on the allocation of charges including grant accounts.
Prepare regularly scheduled and special billings for DBI and associated cores.
DBI Core (BioImaging, DNA Sequencing, Bioinformatics) financial support including rate creation and modification.
Attends meetings and workshops at department, division and University levels.
Develops queries and extracts information from University financial systems for use in preparing reports, analyzing and auditing departmental transactions.
Process labor allocation module updates as required.
Act as the Effort Administrator.
Develops and maintains databases /spreadsheets of financial information.
Maintains knowledge of applicable laws, policies, procedures, etc. necessary to comply with Federal, State, and University regulations concerning grants and contracts.
Gathers information and responds to surveys and audits.
Performs miscellaneous job-related duties as assigned.

Bachelor's degree in Accounting, Business or other related discipline and five years job­ related experience or equivalent combination of education and experience.
Knowledge of federal and state financial regulations, standard accounting principles, methods, and applications.
Familiarity with University auditing policies, budgeting, and the grant process, from the request for proposal through closeout, including the final report, preferred.
Ability to work independently, strong organizational skills and attention to detail.
Ability to analyze financial data and prepare financial reports, statements and/or project ions.
Knowledge of finance, accounting, budgeting, and cost control procedures.
Ability to use advanced techniques in spreadsheet and database management, preferably experience with PeopleSoft.
Effective oral and written communication skills.
Ability to communicate effectively with a wide range of constituents on a variety of topics.
Ability to supervise and train assigned staff including organizing, prioritizing, and scheduling work assignments.
High level of independent judgment.
Notice of Non-Discrimination, Equal Opportunity and Affirmative Action
The University of Delaware does not discriminate against any person on the basis of race, color, national origin, sex, gender identity or expression, sexual orientation, genetic information, marital status, disability, religion, age, veteran status or any other characteristic protected by applicable law in its employment, educational programs and activities, admissions policies, and scholarship and loan programs as required by Title IX of the Educational Amendments of 1972, the Americans with Disabilities Act of 1990, Section 504 of the Rehabilitation Act of 1973, Title VII of the Civil Rights Act of 1964, and other applicable statutes and University policies. The University of Delaware also prohibits unlawful harassment including sexual harassment and sexual violence.

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