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Lead Grant Accountant
2 months ago
Overview:
The Principal Accountant is tasked with ensuring the integrity and accuracy of financial records related to assigned grants.
Key Responsibilities:
- Oversees and conducts monthly financial assessments to effectively manage grant-related financial activities, ensuring compliance with funder and agency standards.
- Develops budget analyses and forecasts for cost-driven grants, collaborating with program teams to meet objectives for performance-oriented grants. Maintains an accurate and up-to-date budget module.
- Prepares and reviews financial statements for submission to funding organizations.
- Creates budget proposals, modifications, and renewal budgets.
- Establishes audit timelines and coordinates with funders for audits, preparing corrective action plans as necessary.
- Maintains comprehensive and precise grant documentation, ensuring the financial system reflects the latest information.
- Processes requests for advances on new contracts and follows up on outstanding payments.
- Reconciles receivables and income generated from both public and private sources.
- Handles salary and other allocation adjustments.
- Educates program staff on the correct categorization of expenses and ensures accurate expense coding.
- Timely reconciles and closes grants.
- Prepares cash flow forecasts for service income.
- Conducts cost analyses and projections for fundraising initiatives.
- Responsible for the prompt transfer of expenditures between funds, cost allocations, and other financial schedules.
- Participates in training sessions to stay updated on changes in funder requirements.
- Assists in onboarding and training new Staff Accountants.
- Provides support to the Accounting Manager/Senior Director and serves as backup for team Staff Accountants.
- Engages in special projects as assigned.
- Program staff
- Funding organizations
- Minimum of one to three years of accounting experience is essential.
- At least one year of prior experience with grants is preferred.
- Three years of accounting experience, ideally in a nonprofit setting.
- Bachelor's degree in accounting or a related discipline is required.
Essential:
- Strong verbal and written communication abilities are crucial.
- Advanced proficiency in Excel and Word is necessary.
- The capacity to operate under tight deadlines while managing multiple responsibilities is vital.
Individuals from AmeriCorps, Peace Corps, and other national service programs are encouraged to apply.
Compensation: Annual Salary Range: $62,750.00
Work Schedule: 35 hours per week
Benefits: Vacation, Paid Sick Leave, Holidays, Medical, Dental, Vision, 403(b) Retirement Plan, Life Insurance, Flexible Spending Accounts, Tuition Assistance, Commuter Benefits, Gym Reimbursement, Parental Leave, Employee Learning Center.