Oversee major sponsored project awards. Serve as the focal point between the sponsoring agency and the Principal Investigator in the fiscal administration of grants and contracts. Review proposal budgets, keeping abreast with a variety of constantly changing federal regulations. Monitor fiscal performance on awards. Prepare final financial reports of expenditures. Initiate grant closeout process. Assist and instruct Principal Investigator(s) and their staff in grant management procedures. Handle billing and collecting and resolve over expenditure problems. Perform a variety of analytical and quality assurance activities to ensure compliance with accounting principles, sponsor requirements, federal and state guidelines and University policies.