Grants Accounting Specialist
1 month ago
We are seeking a highly skilled Grants Accounting Specialist to join our team. The successful candidate will be responsible for providing primary accounting functions for all grant monitoring administration, compliance, grant accounting, and financial reports of awarded grants through final closing.
Key Responsibilities- Set up new grants, enter indirect cost allocations, and match journal entries.
- Meet with Principal Investigator/Project Director (PI/PD) when grant is awarded to review responsibilities for grant management and reporting.
- Attend subsequent meetings to maintain communication throughout and at the conclusion of the grant.
- Run Open Grants report monthly and review balances.
- Update PI/PD on available grant funds periodically.
- Prepare monthly data for the fiscal office on funding draws from Federal Agencies.
- Prepare/coordinate quarterly reports for Federal Agencies while contacting/collaborating with other offices as needed to gather required information.
- Reconcile interim and final financial reports, and verify final financial reports with Fiscal Office.
- Provide grant data for annual grant audits (A133 audit).
- Monitor compliance with internal policies related to grant funds and any other applicable grant regulations.
- Perform all grant closing activities.
- Bachelor's degree or six years of professional experience in lieu of degree.
- Minimum one year of general accounting experience or equivalent experience managing grants.
- Minimum one year of experience with processing complex financial transactions, ensuring compliance with legal or contractual requirements, recordkeeping and preparation of monthly, quarterly and/or annual reporting.
- Proficient in the use of Microsoft Office, including but not limited to Outlook, Word, and Excel.
- Knowledge of generally accepted accounting principles (GAAP).
- Strong verbal and written communications skills and ability to communicate technical concepts to technical and nontechnical audiences. Great attention to detail and follow up.
- Excellent interpersonal skills, ability to provide a high level of customer service and establish and maintain effective interdepartmental communications and relationships.
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