Grants Accountant

The Grants Accountant will be responsible for the fiscal administration of externally funded projects including grants, contracts, and special projects. The primary responsibilities include: tracking, reporting and invoicing grant expenditures; ensuring grants budgets are properly uploaded and tracked; adhering to fiscal regulatory requirements of assigned sponsored projects.

Position Responsibilities

• Perform post-award grant accounting functions according to the terms and conditions of the sponsor, including the set-up and close-out of all sponsored projects.
  • Confirm the proper award payment type (fixed fee, cost reimbursable, etc.)
  • Ascertain the type of award (contract, grant, cooperative agreement, etc.)
  • Establish an appropriate billing and review schedule
• Track and review all sponsored projects for spending patterns and identify any deficit spending.
  • Tasks include preparing invoices, billing, drawdowns, financial reporting on federal grants, balance sheet accounts, monitoring grant revenue and expenses
  • Identify and research errors and process adjusting entries as needed
  • Verifying the accuracy of the NOA and award profile
  • Monitoring effort reporting process and cost sharing
• Calculate monthly revenue, fringe benefits and indirect costs for the monthly close and ensure the journal entries are recorded.
• Ensure all accounting functions are properly and accurately recorded into the college ERP system in a timely manner.
• Preparation of grant financial reporting and surveys including but not limited to: NSF HERD, SEFA, FFATA, and IPEDS.
• Support external audit preparation and assist with requests from auditors
• Other duties as assigned.