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Full-time
On-site
Michigan, United States
$50,000 - $54,000 USD yearly

Title: Grant Accountant


VP Area: Finance & Operations


Department: Business Operations


Published Salary Range: $50,000 - $54,000


Job Summary/Basic Function:


Provide financial management of grant funds received from Federal, State, and other sponsoring agencies.


DUTIES AND RESPONSIBILITIES


1. Perform financial accounting, reporting, and record keeping in accordance with Generally Accepted Accounting Principles (GAAP), Government Accounting Standards Board (GASB), and the Federal Uniform Guidance.


2. Manage and maintain the Banner grant accounting module.


3. Monitor and review grant expenditures for compliance with grant guidelines, regulations, and budgetary restrictions.


4. Monitor and review grant receivables and follow-up if payments are not received on a timely basis.


5. Work closely with the Payroll department to request payroll redistributions, and ensure compliance with grant guidelines.


6. Prepare and submit timely financial reports to granting agencies, in accordance with GAAP and grant requirements. Follow-up as necessary to ensure accurate submission of data.


7. Meet periodically with Grant Managers to review, analyze, and plan activities to ensure compliance with grant restrictions and expenditure guidelines.


8. Create and maintain a system of documentation to support grant expenditures, reports, and other grant documents, to ensure that all records generated are retained in accordance with granting agency guidelines.


9. Responsible for the financial aspect of grant audits; assist with the preparation of the annual FISAP report and Single Audit.


10. Prepare the application and negotiation of the Federal indirect rate as required.


11. Perform other Business Office accounting functions as assigned.


ADDITIONAL DUTIES


Creates and/or posts journal entries recording financial activity of the University; allocates expenses, revenues, assets, and liabilities.


Maintains and/or coordinates records retention for the University’s financial records, including both paper documents and computer stored information or equivalents.


MINIMUM QUALIFICATIONS


Bachelor’s degree-major in accounting or finance.
Knowledge of the Federal Uniform Guidance, and governmental fund accounting.
Three (3) or more years of general ledger and grant accounting experience, including both electronic data processing and spreadsheet applications.
Ability to work well with others and communicate effectively.


DESIRED QUALIFICATIONS


Minimum qualifications plus five years of grant accounting experience.
Experience with university finance/accounting systems.
Experience with BANNER.


PHYSICAL AND MENTAL DEMANDS


Adequate physical fitness to be able to sit and concentrate for long periods of time; use of fine motor skills to operate computer; problem solving ability; ability to understand and work with numbers; ability to see, hear and speak with or without the use of aids to perform normal office tasks.