Specialist in Grant Accounting
2 weeks ago
Job Overview:
The Grant Accounting Specialist plays a crucial role in providing comprehensive financial management and administrative support for various programs overseen by the Department Finance Manager.
Key Responsibilities:
- Deliver advanced financial accounting support for program managers.
- Oversee, evaluate, and manage financial transactions related to diverse social service initiatives funded by Federal, State, and local grants.
- Monitor revenues and expenditures by funding sources, ensuring accurate billing on contract awards and preparing necessary documentation.
- Track due dates, compile reports for grantor agencies, verify invoices for compliance with allowable costs, and prepare monthly reimbursement requests.
- Reconcile financial statements for grants and programs against submitted reimbursements.
- Analyze data to identify discrepancies, providing insights and recommendations to the Department Finance Manager and/or Program Manager for corrective measures.
- Develop and maintain balance sheet schedules, facilitating annual audits.
- Assist in the formulation and execution of administrative, program, and subcontract budgets, contributing to budget modifications as needed.
- Perform additional duties as assigned.
Qualifications:
Education and Experience:
Minimum of four years of progressive accounting experience, with at least two years directly related to grant accounting, or a Bachelor's degree in accounting, finance, business administration, or a related field from an accredited institution.
Consideration will be given to any combination of training and experience that provides the necessary knowledge, skills, and abilities.
Knowledge and Skills:
Familiarity with generally accepted accounting principles and practices, along with experience in budgeting and accounting using various financial reporting applications (including databases and spreadsheets).
Ability to plan, design, and implement specialized financial accounting procedures and reports; research, analyze, and interpret complex accounting data; prepare clear and concise financial reports for managers, grantors, and other stakeholders; evaluate existing accounting policies and procedures and recommend enhancements; and develop effective working relationships with colleagues and external contacts.
Reports to:
Department Finance Manager
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