Contracts and Grants Accounting Services Comprehensive Budget Review FY 2013.
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Transcript of Contracts and Grants Accounting Services Comprehensive Budget Review FY 2013.
Contracts and Grants Accounting Services
Comprehensive Budget ReviewFY 2013
Mission
UF Contracts & Grants strives to provide exceptional research support services while protecting the University’s interests in the most efficient and responsible manner possible.
Services
In fulfilling our mission, our responsibilities include: • Establish and maintain contract and grant projects in the PeopleSoft financial system • Oversee the management of awards for compliance with sponsor’s financial
guidelines• Review expenditures to ensure costs are allowable, allocable, reasonable and
consistent with funding agency regulations• Advise principal investigators and departmental administrators on university, state
and federal guidelines governing expenditures and other award activities• Prepare and submit financial reports to sponsors. Provide financial reports to
investigators and departments to assist in award oversight• Invoice sponsors and monitor and collect outstanding accounts receivable• Manage close-out activity including transferring of residual accounts• Deposit and maintain records of payments received from sponsors• Assist auditors with data requests and reports• Maintain and monitor records associated with the University’s subcontracts including
processing encumbrances and payments
FunctionsResearch Administration• Provides post award financial support and a single point of
contact for the department(s) assigned
Accounts Receivable • Processes all deposits and maintains check logs
Accounting• Manages all aspects of Letters of Credit and Subcontracts
Reconciliation and Audit• Responds to audit requests and reconciliation of conversion
items through grants module stabilization
FY 2012 Metrics
• Generated 36,036 invoices to sponsors totaling $525.4 million• $572.8 million in expenditures on 9,169 active projects in
funds 201, 209 and 214• Processed 5,527 deposits for $604.9 million• Cash balances in funds 201-214 @ 12/31/12 totaled $357.3
million ($281.2 million @ 12/31/08)• Cash deficit in fund 201 @ 12/31/12 totaled $-42.2 million
($-73.0 million @ 12/31/08) • Accounts receivable for funds 201-209 @ 12/31/12 totaled
$68.4 million (88.4 million @ 12/31/08)
FY 2014 FY 2013 FY 2012 FY 2011Proposed Budget Actual Actual
Contracts & Grants Accounting Services
Salaries & Benefits 3,824,754 3,809,824 3,950,281 4,104,233
Other Personnel Services & Benefits 16,897 16,897 42,001 22,522
Total Salaries and Benefits 3,841,651 3,826,721 3,992,282 4,126,755
FTEs 57 57 59 62
Contractual Services - - - 6,255
Repairs & Maintenance 5,000 5,000 4,774 3,545
Utilities (PPD Only) - - - -
Data Processing 7,901 7,901 7,652 7,652
Office Supplies 18,000 18,000 16,245 23,634
Rent - - - 20
Printing & Reproduction - - - 252
Telephone 15,000 15,000 12,629 9,971
Postage & Freight 4,000 4,000 3,488 3,529
Advertising - - - -
Travel 20,000 20,000 17,719 23,306
Dues & Subscriptions 10,000 10,000 9,819 9,465
Waivers - - - -
Miscellaneous Other - - 470 343
Equipment 10,000 10,000 4,355 1,389
Total Operating Expenses 89,901 89,901 77,151 89,361
Total Contracts & Grants 3,931,552 3,916,622 4,069,433 4,216,116
CFO- Contracts & Grants Accounting
Matt Fajack Vice President and
Chief Financial Officer
Brad Staats Asst Vice President for
Contracts & Grants
Tiffany Schmidt Associate Director
Kim Welsh CG-HSC
RA 3 Team Lead
Joseph Andes Research Admin II
Team Lead
Obed Santana Research Admin II
Team Lead
Rey Alvarez Research Admin II
Suzanne Winik Research Admin II
Heather Wert Research Admin I
Kimberly Smith Research Admin I
Lisa Yates CG-COM
RA 3 Team Lead
Janie Heidler Research Admin II
Team Lead
Beth Sheppard Research Admin II
Team Lead
Dan Smith Research Admin II
Kayla Tibbetts Research Admin I
Patty Troll Research Admin I
Lashawn Williams Research Admin II
Eddie Finlayson Research Admin II
Bruce Moor Research Admin I
Christian Torroella Research Admin I
Jonathan Evans CG- IFAS
RA 3 Team Lead
Matt Staehnke Research Admin II
Team Lead
TBA Research Admin I
Meridith David Research Admin II
Christie Lee Research Admin II
Nadeige King Research Admin I
Spencer Allen Research Admin I
Stephanie Lafferty CG-ENG
RA 3 Team Lead
Brian Miller Research Admin II
Team Lead
Tonya Lewis Research Admin II
Warren Stamp Research Admin II
Jennifer Domico Research Admin II
April Rollins Research Admin I
Jacob Conrad Research Admin I
Kat Carter-Finn CG-Campus
RA 3 Team Lead
Pat Greco Research Admin II
Team Lead
Stephanie Glenn Research Admin I
Anna Hernandez Research Admin I
Sandhya Chheda Research Admin I
Becky Hyde Research Admin II
Rob Sessions Research Admin I
Cathy Thompson Associate Director
Kim Morabito AR and BILLING Admin Svcs Crd 2
Team Lead
Tina Priz Sr Accountant
Erin Tompson Sr Grants Specialist
Xin Zhang Acctng Crd 3
Melissa Horvath Accountant
Jerome Able Sr. Grants Specialist
Tom Bairley Acctg Crd 3
Jing Li Acctg Crd 3
Ed Parker Acctg Crd 3
Peg Canaday Adm Srv Crd 2
TBA Accountant
Bill Gair Quality Control
Nita Reddish Quality Control
Dana Rechsteiner Assistant Director
Special Projects
Rob Francis Research Admin II
Delores Darling Research Admin I
Opportunities
• Continuous review and improvement of business processes to eliminate non-value added activities
• Enhance education and training through formal on-line
courses and ad-hoc discussions with departmental staff and project investigators
Barriers
• Continued intense audit scrutiny• Many Research Administrators in Contract & Grants
Accounting Services are typically entry level professional staff with limited experience
• Turnover of experienced team members
Accomplishments• Merger of the three units 3 1/2 years ago and the
consolidation of the operations • Significant involvement in a number of University initiatives
over the past 4 years to improve the fiscal management and accountability of the research enterprise at UF • myInvestiGator • Improved Effort Certification system• Upgrade of the myUFL finance system• Centralized review of cost transfers
• Production of hundreds of thousands of documents to support
audit requests
Questions