1. Sponsored Projects Accounting
Navigating the University:
Research & Resources Management Retreat
August 15, 2017

2. Mission
Sponsored Projects Accounting (SPA) is the central office overseeing post-award financial administration of sponsored research projects at USC.
Support compliance with sponsored research award terms and conditions, USC policies and procedures, Generally Accepted Accounting Principles (GAAP), and other applicable guidance.
Ensure prompt and accurate billing and collection with an efficient cash management system.
Facilitate good stewardship of sponsored funds through training and development, streamlined financial systems, and high professional standards.

3. What Does SPA Do? Financial Management of Research Awards
SPA works closely with schools, departments, Department of Contracts and Grants and other central offices to manage and collect sponsored research funds.
Key functions:
Account setup
Invoicing
Cost Transfers
Budget Reallocation
Letter of Credit Drawdown
Unobligated Balance Transfers
Financial Closeout
Financial Reports

4. Lifecycle of an Award

5. SPA Org Chart Executive Director Manager Supervisor
Federal Letter of Credit
Accountant I
CGB Fund Manager
Accounting Technician
Other Federal
Accounting Assistant
Industry/Non-profit/Non-federal
Assistant Manager
Administrative/General Ledger
Receptionist
Accountant II

6. Contact
Ben Holstein Executive Director Sponsored Projects Accounting 3500 South Figueroa Street University Gardens Building (UGB) Suite