Hospital for Special Surgery

Grants and Contracts Senior Administrator

Hospital for Special Surgery$86K — $131K *
Education, Government & Non-Profit
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required, preferably in Finance, Business, Public Health, or a similar field; Master's preferred.
  • 6-8 years of relevant experience required.
  • Strong analytical skills to interpret complex financial data and communicate insights clearly.
  • Ability to convert financial information into actionable guidance for investigators.
  • Proactive in identifying risks, deadlines, and opportunities within a research portfolio.
  • Proficiency with financial systems and spreadsheets; skilled in handling large datasets.
  • Knowledge of federal Uniform Guidance and sponsor-specific regulations preferred.

Responsibilities

  • Serve as the primary financial partner to assigned PIs, offering strategic guidance and support.
  • Manage the entire financial lifecycle of sponsored awards, from setup to closeout.
  • Prepare and present analyses of profit and loss statements, spending trends, and financial risks.
  • Maintain an in-depth understanding of each PI's research activities and upcoming financial needs.
  • Monitor accounts for accuracy and identify potential issues needing corrective action.
  • Develop detailed financial projections for each award and gift, including all relevant costs.
  • Coordinate with Research Accounting to ensure accuracy in financial reports and closeout packages.

Benefits

  • Comprehensive health, dental, and vision insurance plans.
  • Generous paid time off and holiday leave.
  • Retirement savings plan with employer contributions.
  • Opportunities for professional development and continuing education.
  • Access to wellness programs and resources.
Full Job Description
Emp Status
Regular Full time

Work Shift

Compensation Range
The base pay scale for this position is $86,000.00 - $131,375.00. In addition, this position will be eligible for additional benefits consistent with the role. The salary of the finalist selected for this role will be determined based on various factors, including but not limited to: scope of role, level of experience, education, accomplishments, internal equity, budget, and subject to Fair Market Value evaluation. The hiring range listed is a good faith determination of potential compensation at the time of this job advertisement and may be modified in the future.

What you will be doing

Primary Duties

Portfolio Management and Faculty Partnership

  • Serve as the frontfacing financial partner to assigned PIs, providing strategic guidance and responsive support for all aspects of their research portfolios.


  • Manage the full financial lifecycle of sponsored awards, including new award setup, ongoing monitoring, and closeout.


  • Prepare and present clear analyses of P+L statements, spending trends, and financial risks to PI's and service line leadership.


  • Maintain a deep understanding of each PI's research activities, funding strategy, and upcoming financial needs.


  • Monitor accounts for accuracy, spending patterns, and potential issues requiring corrective action.


Forecasting and Projections

  • Develop and maintain detailed financial projections for each award and gift, incorporating personnel costs, burn rate, subawards, and planned expenditures.


  • Model multiyear scenarios to support decision making and resource planning.


  • Prepare projections for renewals, supplemental funding, and closeout planning.


  • Alert investigators to key tasks and deadlines within 30 and 60day windows prior to grant closeout, including spending adjustments, final purchases, and personnel changes.


  • Provide clear, concise financial summaries to support portfolio manager recommendations.


  • Model multiyear scenarios to support PI planning and service line budgeting.


Reporting, Compliance, and Closeout

  • Coordinate with Research Accounting to submit financial reports and closeout packages for sponsors and internal research accounting, ensuring accuracy and completeness in partnership with the PI.


  • Support effort reporting by reviewing salary allocations, confirming commitments, and assisting PIs with certification.


  • Assist with the financial components of RPPRs and other sponsor progress reports as needed.


  • Implement financial adjustments related to nocost extensions, changes in subawards, changes in scope, and other award modifications.


Skills & Experience

  • Bachelors degree required, preferably in Finance, Business, Public Health or similar type field. Masters preferred. CRA or similar certification desirable.


  • 6-8 yrs of experience required


  • Strong analytical skills with the ability to interpret complex financial data and communicate insights clearly.


  • Ability to translate financial information into actionable guidance for investigators.


  • Proactive approach to identifying risks, deadlines, and opportunities within a research portfolio.


  • Proficiency with financial systems and spreadsheets; comfort working with large datasets.


  • Knowledge of federal Uniform Guidance and sponsor specific regulations preferred.


  • Excellent communication and relationship building skills, especially with faculty and research teams.

About Hospital for Special Surgery

Hospital for Special Surgery (HSS) is a hospital in New York City that specializes in orthopedic surgery and the treatment of rheumatologic conditions. Founded in 1863 by James Knight, HSS is the oldest orthopedic hospital in the United States. The hospital has been ranked the top orthopedic hospital in the United States by U.S. News & World Report for 11 consecutive years. HSS has a staff of over 4000 employees, including more than 200 physicians and surgeons, and treats over 32,000 inpatients and 300,000 outpatients annually.
Learn more about Hospital for Special Surgery
Size
4,000 employees
Industry
Founded
1863

Similar Jobs

More Jobs at Hospital for Special Surgery

More Education, Government & Non-Profit Jobs

Find similar Grants and Contracts Senior Administrator jobs: