The primary responsibilities for the administrative and financial management for externally sponsored projects range from account establishment through transactions processing and compliance review, cash management, financial reporting and account closeout procedures. Responsibilities Establish Research Projects and the corresponding budget in the accounting system to allow the Principle Investigator to expend the sponsored funds received.
Expenditures are to be made within the start and end dates of the sponsored project.
The regulations may require prior approval for budget modifications, equipment purchases, pre-award expenditures, international travel, and time extensions. The Research Services Office must be contacted to determine if the change can be authorized internally or if it must be referred to the sponsoring agency for approval. If a time extension or other modification to a sponsored project is required, the Principal Investigator must submit a request for modification form through the Research Services Office. The majority of sponsored projects are funded on a cost reimbursement basis. Collect outstanding balances due MTU from unpaid billings submitted to the external sponsors.