Accountant - Sponsored Projects Accounting

Responsibilities

• Review grants and contracts portfolio.
• Review and approve all transactions for each grant/contract according to the Sponsor's and School's policies and procedures.
• Compare salary/effort charged to grants/contracts to approved award budget.
• Ensure cost allocations between grants for closely related work are allocated based on a reasonable and approved methodology.
• Collect, and analyze data relating to grants and contracts to detect non-compliance with laws, regulations, and management policies.
• Inspect account books for accuracy and use of accepted accounting procedures to record expenditures.
• Analyze financial data to ensure data integrity.
• Inspect cash on hand for grant accounts, and Sponsor’s payment schedule to confirm records are accurate.
• Follow up on outstanding receivables.
• Prepare, examine, or analyze accounting records, financial transactions and reports to assess accuracy, completeness, and conformance to award terms and conditions and Sponsor’s reporting standards.
• Review accounts for discrepancies and reconcile differences.
• Prepare adjusting journal entries.
• Analyze grant budget, costs, revenues, financial commitments, and obligations to project the correct status of grant accounts.
• Report to management, department administrators, and the principal investigators regarding the finances of the grant.
• Analyze grant budget and expenditures, and prepare reports that compare budgeted costs to actual costs.
• Analyze and prepare annual and other required financial reports, variance analysis and other records, using accepted accounting methods to meet reporting deadlines and facilitate financial planning.
• Other special projects/responsibilities assigned as needed.

Qualifications

• Bachelor's degree in Accounting.
• 0-1 year experience in Accounting.
• Auditing experience desired.