Grants Management Office
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POST AWARDS
The Grants Management Office provides the following services during the post-award application phase:
- Liaise with Division of Research Development (DRD) in order to get agreement signed.
- Assist Principle Investigator (PI) to get declaration letter signed, create cost point and reduction/exemption application on ICRR where necessary.
- Assign a dedicated project accountant (PA) to assist with:
- Comply with financial reporting requirement per the agreement;
- Timely submission of invoices to funder and in accordance with the agreement;
- Provide regular feedback (as agreed with PI) on financial status of project (budget vs actual). Should potential problems be identified, GMO to email Exec-HOD, Vice Dean Research & Director Business management for further handling/decision making;
- Advice to PIs on funders cost principles (allowable vs unallowable expenses);
- Correcting journals:
- Salary correction per difference between amount claimed and timesheets;
- ICRR correcting journals as needed;
- Other ad-hoc journals as needed to correct expenses (e.g. transfer to correct CP or unallowable expense)
- Where financial audit is needed, GMO will arrange auditors, compile working papers and ensure audit is complete as per timeline in agreement;
- Assist with project close out per funder/agreement terms.?
