Grants Accountant
YMCA of Metropolitan Chicago · Chicago, IL · 2 days ago
On-siteAccounting$58k–$72k/yrFull-time
Responsibilities
- Monitor, analyze and maintain financial transactions for social service programs funded by Federal, state and local grants.
- Ensure fiscal compliance by subcontractors and sub-recipients with various reporting periods.
- Track revenues and expenditures by funding source and/or subcontract.
- Reconcile grant and program financial statements to the program budgets.
- Maintain and update cost allocation plans; ensure expenses allocated to grants align with the plan.
- Participate in fiscal monitoring as required by Funding Agencies.
- Review data, identify errors, research discrepancies, and recommend corrective actions.
- Collaborate with interdepartmental staff, Internal Audit and Compliance, Legal, Centers Business Office, and government agencies.
- Provide accounting information and technical assistance to subcontractors and sub-recipients; work with funding authorities to resolve discrepancies.
- Prepare reports, statements, records, analyses, and financial compilations for federal, state, and local regulatory agencies.
- Prepare grant close-outs and periodic reports.
- Maintain and track complex billings and financial information for grants.
- Prepare financial projections for RFPs, RFQs, and subcontracts.
- Process vouchers on contract awards; prepare billing documents; track due dates; verify invoices for allowable costs; prepare monthly reimbursement requests.
- Maintain internal accounting controls as required by federal, state, and local grantors; ensure compliance with 2 CFR 200, Single Audit, and related regulations.
- Aid in recommending and implementing fiscal reforms in department systems and subcontractor/sub-recipient reporting systems.
- Aid in developing and implementing administrative, program, and subcontract budgets; contribute to procedural improvements.
- Use spreadsheets, databases, and word processing programs; support Accounts Payable process in Coupa.
- Maintain knowledge of department operations and systems; ensure compliance with applicable laws and regulations.
Qualifications
- Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
- CPA preferred.
- Minimum 3 years of progressive accounting experience.
- Knowledge of general accounting principles and practices, accrual accounting, grants accounting and cost allocation and government funding.
- Ability to plan, design and implement specialized financial accounting procedures and reports.
- Ability to research, analyze, and interpret complex accounting data.
- Ability to prepare clear, concise financial reports for managers, grantors, and other stakeholders.
- Ability to evaluate current accounting policies and procedures and recommend improvements.
- Knowledge of 2 CFR 200, Single Audit.
- Advanced PC skills related to financial reporting including advanced proficiency with Microsoft Excel, query, and reporting tools.
- Knowledge of governmental structure, accounting, and budget procedures.