Grants Accountant

Grants Accountant Overview

• The Grants Accountant oversees financial management for grant portfolios, ensuring compliance, accuracy, and efficiency in financial processes.
• Collaborates with program staff, development teams, funders, and auditors to manage grant funds effectively.
• Ensures grant funds align with programmatic needs while adhering to funding requirements and regulations.
• Maintains accurate financial records and prepares reports for internal and external stakeholders.
• Supports audits by providing documentation, reconciliations, and explanations as required.
• Analyzes financial data to identify trends and opportunities for improvement.
• Provides training and guidance on grant management policies and best practices.
• Stays updated on grant accounting standards and industry practices to enhance processes.

Grants Accountant Key Responsibilities & Duties

• Develop and maintain financial systems for grant management and reporting.
• Monitor grant expenditures to ensure compliance with budgets and funding agreements.
• Prepare journal entries and analyze general ledger activities.
• Collaborate with teams to resolve budgeting and compliance issues.
• Prepare and submit grant budgets, invoices, and financial reports.
• Support internal and external audits with necessary documentation and reconciliations.
• Partner with stakeholders to provide financial guidance for grant-funded initiatives.
• Analyze financial data to recommend process improvements and risk mitigation strategies.

Grants Accountant Job Requirements

• Bachelor's degree in Accounting, Finance, or related field required.
• Minimum of two years of accounting experience, with three years in grants accounting preferred.
• Proficiency in GAAP and nonprofit grant accounting principles.
• Experience managing NYC, NYS, federal, and private grants and contracts.
• Advanced skills in Microsoft Excel, Word, and accounting systems; Sage Intacct preferred.
• Strong analytical and problem-solving abilities with attention to detail.
• Excellent communication skills to convey financial information effectively.
• Ability to manage multiple priorities in a fast-paced environment.