Sponsored Research Finance Office
The Sponsored Research Finance Office (SRFO) serves as centralized support for post award financial management of grants and contracts at Ann & Robert H. Lurie Children’s Hospital of Chicago and Stanley Manne Children's Research Institute.
Please review the Roles and Responsibilities Matrix for sponsored awards and industry sponsored clinical trials for a high-level overview of how and when to engage with the Sponsored Research Finance Office as well as investigator and departmental responsibilities.
- Review financial reporting and invoicing terms and conditions in award notice.
- Prepare and submit financial status reports (FFRs) and cost sharing including Relinquishing Statements to sponsors.
- Maintain financial reports and documentation submitted to sponsors for audit purposes.
Policies and Procedures
When to Engage the Sponsored Research Finance Office
- Grant setups and continuations
- Financial system access
- Confirmation of sponsor payments
- Assistance with Workday payroll costing allocations
- Study gift card requests
- Financial reporting
- Financial audits
SRFO can help investigators and research staff
- Setup funds for PI spending
- Review and approve expenses
- Advise PI with prior approval requests; provide data as needed
- Provide data to PI for cost transfers and re-budgeting requests as needed
- Advise PI on budget management and monitoring of award expenditures
- Provide projection reports
- Reconcile gift card logs to replenishment requests
- Invoice sponsor for start-up costs
- Deposit sponsor payments
- Provide financial information for sponsor-required progress reports
- Distribute residual funds to PI at contract close
- Epic Research Module - Reviewing Professional Fees on Research Study Funds PDF
Staffing Information
Please visit the Research Administration Staff Directory for the full SRFO staff listing.
