LOC Drawdown Specialist page is loaded## LOC Drawdown Specialistlocations:
Interdisciplinary Research Buildingtime type:
Full timeposted on:
Posted Todayjob requisition id:
JR107854The Talent Acquisition department hires qualified candidates to fill positions which contribute to the overall strategic success of Howard University. Hiring staff “for fit” makes significant contributions to Howard University’s overall mission.At Howard University, we prioritize well-being and professional growth.Here is what we offer: * ***Health & Wellness:*** Comprehensive medical, dental, and vision insurance, plus mental health support* ***Work-Life Balance:*** PTO, paid holidays, flexible work arrangements* ***Financial Wellness:*** Competitive salary, 403(b) with company match* ***Professional Development:*** Ongoing training, tuition reimbursement, and career advancement paths* ***Additional Perks:*** Wellness programs, commuter benefits, and a vibrant company culture**Join Howard University and thrive with us!** **JOB PURPOSE:**Prepares, reconciles, and maintains documentation for all federal Letter of Credit (LOC) drawdowns, ensuring timely, accurate, and compliant processing through systems such as PMS, ASAP, G5, and ACM$**SUPERVISORY AUTHORITY:**None**NATURE AND SCOPE:**Collaborates with Post Award leadership, Treasury, and departmental administrators to reconcile expenditures and prepare cash draw requests in compliance with federal and University policy.**PRINCIPAL ACCOUNTABILITIES:*** Prepare and reconcile monthly and quarterly LOC drawdowns to Workday expenditure data.* Verify draw eligibility and maintain detailed logs and justifications.* Coordinate with Treasury to confirm receipts and allocations.* Communicate with departments on expiring awards and final balances.* Maintain audit-ready documentation for all drawdown transactions.* Assist with process improvement and cross-training within the billing team.**CORE COMPETENCIES:*** Understanding of Uniform Guidance (2 CFR 200) and federal LOC systems.* Strong reconciliation, financial analysis, and documentation skills.* High attention to detail and accuracy.* Workday Financials experience preferred.**MINIMUM REQUIREMENTS:*** Bachelor’s degree in Accounting, Finance, or related field.* At least 4 years of experience in sponsored program accounting or drawdowns.* Familiarity with PMS, ASAP, G5, and other LOC platforms.**Compliance Salary Range Disclosure**Expected Pay Range: $77,272 - $85,000Howard University is a comprehensive, research-oriented, historically Black private university providing an educational experience of exceptional quality to students of high academic potential with particular emphasis upon the provision of educational opportunities to promising Black students. Further, the University is dedicated to attracting and sustaining a cadre of faculty who are, through their teaching and research, committed to the development of distinguished and compassionate graduates and to the quest for solutions to human and social problems in the United States and throughout the world.Howard University does not discriminate on the basis of race, color, national and ethnic origin, sex,sexual orientation,gender or gender identity, marital status, religion, disability or protected veterans status. Veterans and people with disabilities are encouraged to apply.Inquiries regarding provisions for persons with disabilities or veterans status, Equal Employment Opportunity and Title IX should be directed to the Office of Employee Relations and Equal Employment Opportunity at 202-806-1280.**This position description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The university has the right to revise this position description at any time. This position description is not be construed as a contract for employment.** #J-18808-Ljbffr
Interdisciplinary Research Buildingtime type:
Full timeposted on:
Posted Todayjob requisition id:
JR107854The Talent Acquisition department hires qualified candidates to fill positions which contribute to the overall strategic success of Howard University. Hiring staff “for fit” makes significant contributions to Howard University’s overall mission.At Howard University, we prioritize well-being and professional growth.Here is what we offer: * ***Health & Wellness:*** Comprehensive medical, dental, and vision insurance, plus mental health support* ***Work-Life Balance:*** PTO, paid holidays, flexible work arrangements* ***Financial Wellness:*** Competitive salary, 403(b) with company match* ***Professional Development:*** Ongoing training, tuition reimbursement, and career advancement paths* ***Additional Perks:*** Wellness programs, commuter benefits, and a vibrant company culture**Join Howard University and thrive with us!** **JOB PURPOSE:**Prepares, reconciles, and maintains documentation for all federal Letter of Credit (LOC) drawdowns, ensuring timely, accurate, and compliant processing through systems such as PMS, ASAP, G5, and ACM$**SUPERVISORY AUTHORITY:**None**NATURE AND SCOPE:**Collaborates with Post Award leadership, Treasury, and departmental administrators to reconcile expenditures and prepare cash draw requests in compliance with federal and University policy.**PRINCIPAL ACCOUNTABILITIES:*** Prepare and reconcile monthly and quarterly LOC drawdowns to Workday expenditure data.* Verify draw eligibility and maintain detailed logs and justifications.* Coordinate with Treasury to confirm receipts and allocations.* Communicate with departments on expiring awards and final balances.* Maintain audit-ready documentation for all drawdown transactions.* Assist with process improvement and cross-training within the billing team.**CORE COMPETENCIES:*** Understanding of Uniform Guidance (2 CFR 200) and federal LOC systems.* Strong reconciliation, financial analysis, and documentation skills.* High attention to detail and accuracy.* Workday Financials experience preferred.**MINIMUM REQUIREMENTS:*** Bachelor’s degree in Accounting, Finance, or related field.* At least 4 years of experience in sponsored program accounting or drawdowns.* Familiarity with PMS, ASAP, G5, and other LOC platforms.**Compliance Salary Range Disclosure**Expected Pay Range: $77,272 - $85,000Howard University is a comprehensive, research-oriented, historically Black private university providing an educational experience of exceptional quality to students of high academic potential with particular emphasis upon the provision of educational opportunities to promising Black students. Further, the University is dedicated to attracting and sustaining a cadre of faculty who are, through their teaching and research, committed to the development of distinguished and compassionate graduates and to the quest for solutions to human and social problems in the United States and throughout the world.Howard University does not discriminate on the basis of race, color, national and ethnic origin, sex,sexual orientation,gender or gender identity, marital status, religion, disability or protected veterans status. Veterans and people with disabilities are encouraged to apply.Inquiries regarding provisions for persons with disabilities or veterans status, Equal Employment Opportunity and Title IX should be directed to the Office of Employee Relations and Equal Employment Opportunity at 202-806-1280.**This position description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The university has the right to revise this position description at any time. This position description is not be construed as a contract for employment.** #J-18808-Ljbffr