Senior Cost Accountant

Responsibilities

• Review and analyze Cost Allocation Plans (CAPs) and Indirect Cost Rate Proposals (IDCRPs).
• Validate that costs are:
• Allowable and reasonable
• Properly documented
• Compliant with federal grant requirements
• Reconcile cost data with financial statements, budgets, and supporting records.
• Identify and exclude unallowable costs from calculations.
• Assist in evaluating cost distribution methods across multiple programs.
• Support preparation of financial reports, findings, and recommendations.
• Maintain accurate spreadsheets, tracking tools, and financial records.
• Collaborate with internal teams and external stakeholders (including grant recipients).
• Familiarity with federal cost principles, internal controls, and risk assessment.
• Experience with federal audits (Single Audit, OIG, GAO).
• Provide basic guidance on cost allocation and grant compliance.

Qualifications & Required Skills

• Bachelor’s degree in Accounting, Finance, or related field required; CPA not required.
• 5+ years of experience in accounting, finance, or grants management.
• Hands-on experience with direct and indirect cost allocation.
• Experience working with or supporting grant requests from:
  • Hospitals
  • Universities
  • Tribal entities
  • Non-profit organizations
• Strong knowledge of federal grant regulations (2 CFR Part 200 preferred).
• Knowledge of GAAP and basic cost accounting principles.
• Strong Excel, including pivot tables, lookups, data validation, and error-checking, and data analysis skills.
• Experience with financial systems (UFMS, PMS, GrantSolutions, or similar).
• Good attention to detail and organizational skills.
• Understanding of grant requests from hospitals, universities, tribal entities, and non-profits.
• Direct and indirect cost allocation.

Preferred Skills

• Exposure to Cost Allocation Plans or indirect rate calculations.
• Experience with grants management or financial systems.
• Ability to analyze financial data and explain findings clearly.
• Strong communication and teamwork skills.
• Ability to manage multiple assignments in a compliance-driven environment.
• Exposure to federal financial management standards (OMB Circulars, HHS Grants Policy Statement)

Benefits

• Competitive salary
• Health, dental, and vision insurance
• 401K
• "Discretionary" PTO
• Professional development opportunities
• A dynamic and collaborative work environment

Working Conditions

• This position may require travel as needed.
• Some projects may require working extended hours to meet project deadlines.