Grant Accountant

Latitude Inc.
Rockville, MD
Jul 13, 2018
Jul 16, 2018
Full Time
JOB DESCRIPTION TITLE: Grant Accountant RESPONSIBLE TO: Manager of Grant Accounting DIVISION/DEPART: Executive/Accounting This position is funded by a grant awarded to GII. The position s establishment and continuance is dependent upon on-going grant funding. BASIC FUNCTION: Ensure that all financial activities involving grant funds (federal and non-federal) awarded to GII are accounted for in compliance with rules and regulations (GAAP, 2 CFR, OMB circulars, grantor and/or agency specifies requirements, and GII accounting policies and procedures). Facilitate subgrantees financial monitoring (collection, review and processing of financial reports from subgrantees; on-site and desktop monitoring) and ensure subgrantees compliance with rules and regulations. Accounting for grant related expenses, and preparations of required reports. SPECIFIC DUTIES[1]: Build a close working relationship and act as a primary financial contact for GII program managers and subgrantees. Develop a thorough understanding of awarding agencies guidelines and regulations (DOL, DOJ, etc); maintain grasp of changing guidelines. Prepare all federal and funder required financial reporting and supporting schedules (quarterly/semi-annually/annually) per award agreements. (SF 425, FFR 9130, etc.) Assist with preparation of GII grant budgets, spending plans, budget modifications, subgrantees contractual agreements and amendments. Produce projections, calculations, and templates for GII and subgrantees. Maintain financial reporting schedule and ensure timely reporting in coordination with program managers and subgrantees; prepare monthly drawdown packages (subgrantees/agency billings); process monthly subgrantees disbursements. Support and provide technical assistance to subgrantees but firmly enforce compliance. Participate in monthly monitoring calls providing assistance to the program managers with arms length technical assistance to subgrantees on budgeting, spending plans, reporting and compliance. Plan, schedule, coordinate , and conduct on-site and desk top financial monitoring visits; produce formal written site visit reports within 10 business days. Follow through with subgrantees on findings and recommendations. Prepare schedules and work with external auditors during audits (OMB A-133, OIG, etc.). Work closely with all involved teams (Accounting, Mission Advancement, IT) tasked with the development and implementation of the enterprise management information system. Other duties as assigned. RELATIONSHIPS: Internal: Daily contact with GII Accounting and Mission Advancement Teams GII Members: Frequent contact with GII members on grant matters Outside: Occasional to frequent contact with auditors SKILLS NEEDED[2]: Thorough understanding of general accepted accounting principles (GAAP), budgeting principles and practices as they apply to nonprofit organizations. Thorough knowledge of government grant regulations (2 CFR; OMB Circulars A-110, A-122, A-133, etc.). Ability to research federal regulations and accounting guidelines. Superior ability to communicate effectively and efficiently verbally and in writing with various levels of personnel. Refined ability to work independently, meet multiple deadlines and prioritize workload. Superior working knowledge of spreadsheet and word applications, along with ability to apply financial analysis techniques and implement solutions. Ability to recognize and analyze problems from an accounting perspective, identify and propose solutions. Ability and experience in using database accounting systems and applications (MS Dynamics SL; MIP, etc.) Advanced presentation skills. Ability to use discretion when dealing with sensitive and confidential information. Ability to independently perform site visits. Ability and willingness to adjust to frequently changing fast paced environment. EDUCATION: Bachelor s degree with major in accounting or minor in accounting with professional accounting experience. CPA or Grants Management Certification is a plus. EXPERIENCE: Five or more years of progressive accounting experience in a professional capacity. Two or more years of project monitoring and/or grant management experience. Working knowledge of workforce development programs and common practices is a plus. Prior experience working at a non-profit organization is desirable.