Grant Accountant
2 weeks ago
The Grant Accountant will primarily be responsible for managing the full financial lifecycle of all restricted grants, ensuring compliance with funder requirements, internal policies, and GAAP. This role will be an integral part of the Finance team and also support financial reporting, analysis, and other accounting needs as necessary. This role will track, monitor, and report on restricted funds, including indirect cost recovery, programmatic spend-down, and grant closeout processes. The Grant Accountant will serve as a key liaison between the Finance Department, Program teams, and the Grants & Contracts Director to ensure accurate, timely, and transparent financial management of Good360's grant portfolio.
How Good360 is Closing the Need Gap
As the global leader in product philanthropy and purposeful giving, Good360's mission is to close the need gap by partnering with more than 400 socially responsible companies to source highly needed donated goods and distribute them through our network of more than 100,000 diverse nonprofits that support people in need. Good360 is the link between organizations with so much to give and communities in critical need, closing that gap and opening new opportunities for all. Since 1983, Good360 has distributed more than $18 billion in needed goods, including more than $3 billion in goods in 2024 alone. Good360 has been named the #2 charity on the Forbes list of America's Top 100 Charities for 2023 and 2024 and has a 4-star Charity Navigator rating.
The organization has also been recognized as both a top workplace in the Washington, DC metro area (by the Washington Post) and as a top nonprofit to work for in the United States (by NonProfit Times).
Key Responsibilities include, but are not limited to the following
- Manage financial oversight of all restricted grants, including tracking revenue, expenditures, and compliance with donor restrictions.
- Monitor and calculate indirect cost recovery on applicable grants.
- Develop and maintain systems to track programmatic spend-down and ensure timely utilization of restricted funds.
- Prepare monthly, quarterly, and annual grant financial reports for funders and internal stakeholders.
- Partner with the Program teams and Grants & Contracts Director to align financial reporting with programmatic outcomes.
- Ensure that all grants are measured, documented, and reported in compliance with GAAP, donor requirements, and organizational policy.
- Support grant audits, funder inquiries, and annual audit requirements.
- Assist with budget development for new proposals and grant modifications.
- Continuously improve internal processes to strengthen grant financial tracking and reporting.
- Support and cross-train in AR, AP, Payroll, and other month end processes.
Qualifications/Requirements
- Bachelor's degree in Accounting, Finance, Business Administration, or related field (CPA or advanced degree a plus).
- Minimum 3–5 years of finance/accounting experience, with at least 2 years working directly with restricted grants in a nonprofit environment.
- Strong understanding of GAAP, grant compliance, and nonprofit financial management.
- Experience with indirect cost recovery and funder-specific reporting requirements.
- Proficiency in accounting software (e.g., NetSuite, Sage Intacct, or similar) and advanced Excel skills.
- Excellent organizational, analytical, and communication skills.
- Ability to work cross-functionally, managing multiple projects and deadlines.
- Commitment to Good360's mission and values.
Benefits
Our team is Good360's greatest asset. We recognize that our team members contribute valuable skills, knowledge, experience, and passion that is critical to the pursuit of our mission and our progress toward closing the need gap. That is why we offer our team members numerous perks and benefits, including:
- Heath, dental, and vision coverage programs (including competitive deductible and reimbursement policy)
- Short-term and long-term disability and life insurance coverage options
- 403B plan with matching
- Generous and flexible paid time off policy
- Volunteer time off policy
- Hybrid work environment
Salary Range
$80,000 - $90,000 annually, commensurate with experience and based on DC market
Work Location
Hybrid with an office in Old Town Alexandria – minimum 2 days/week in office (Anchor Day – Tuesday)
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