Grants Accountant

RiseMe; New Jersey; On-site; USD 82,000 - 84,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Tuition assistance

Job summary

Montclair State University seeks a Grants Accountant to handle post-award accounting and reporting for a portfolio of sponsored projects. You will ensure compliance with federal/state requirements, prepare grant analyses, and support internal controls within the Grants Accounting Department.

Responsibilities include monitoring transactions, generating reports, and collaborating with PIs and departments to ensure timely, accurate grant reporting.

Qualifications

• Bachelor’s degree in Accounting or Business-related field required.
• Minimum of three years of general account analysis, reconciliations and variance reporting.
• Proficiency in Microsoft Office applications required.
• Ability to manage multiple projects and meet deadlines with accuracy.

Responsibilities

• Maintain compliance with GASB, FASB, and OMB Uniform Guidance.
• Monitor grant accounts for allowability and allocability; correct as needed.
• Prepare and analyze quarterly budget/forecast to actual variances.
• Generate financial reports and assist with grant-related transactions in GL.
• Collaborate with PIs and other departments for timely grant reports.

Skills

Microsoft Office

Communication

Writing skills

Education

Bachelor’s degree in Accounting or Business-related field

Bachelor’s degree in Accounting

Tools

Cayuse

Workday Financial Grant Management

Job description

Job Description

SUMMARY:

Reporting to the Director of Grants Accounting, the Grants Accountant is responsible for maintaining continuous compliance with federal, state, and industry requirements for accurate and timely reporting on expenditures of funds for a portfolio of assigned grants. This position is responsible for all post-award financial accounting & reporting for their assigned projects. This includes accounting, billing, receipting, reporting, and ensuring compliance with Federal and State regulations, sponsor/grantor requirements, and Foundation activities.

AUDIT AND COMPLIANCE:

• Responsible for the prescribed implementation of procedures for internal controls: procedures and practices within the Grants and Restricted Accounting Department consistent with current GASB, FASB, and OMB Uniform Guidance Standards.
• Understand and utilize Indirect Cost and Fringe Rates, long and short applications.
• Perform processes to generate expense validation certifications consistent with OMB Uniform Guidance for faculty and others devoting effort to sponsored awards.
• Monitor restricted and sponsored award accounts for reasonableness, allowability, allocability and consistent treatment of costs and initiates corrections as needed.
• Determine the difference between exchange and non-exchange transactions as well as appropriate revenue recognition.

FINANCIAL SYSTEMS:

Financial Management System

• Assist in the monitoring of grant-related transactions recorded in the general ledger, making appropriate adjustments when needed.
• Assist in managing the supporting tables within the finance system for grant accounting and initiates updates as needed.
• Assist in system testing and coordination of testing with department workflow.
• Employ reporting tools to generate financial reports.
• Generate various output reports for grant analysis.
• Initiate vendor billings and receivables.
• Participate in the review of process workflows, system testing, and training.
• Provide feedback and recommendations for system design improvement.
• Review and validate data for accuracy and completeness.

Workday Payroll System

• Utilize reporting tools for validation of salary information, labor distribution/redistribution and expense validation reporting requirements.
• Generate various output reports for grant analysis.

COLLABORATION/TRAINING:

• Frequently communicates with assigned Principal Investigators (PIs) to ensure timely and accurate grant reports.
• Work collaboratively with other University Departments and other external agencies in support of grant management.
• Support and assist in quarterly training sessions in grant processes and procedures for Principal Investigators and the Office of Sponsored Research Projects.
• Possess competent communication skill set that allows successful communication (written and verbal) with various constituents.
• Work collaboratively with team members in the use of the Financial Management System.
• Perform other duties as assigned.
• Management retains the right to add or change job duties at any time.

QUALIFICATIONS:

REQUIRED:

• Bachelor’s degree from an accredited college or university in Accounting or Business-related field.
• Minimum of three years of experience in general account analysis and reconciliations as well as experience in preparing and analyzing a periodic budget/forecast to actual variance report.
• Proficiency in the Microsoft Office suite of applications is required.
• Ability to manage multiple projects and meet deadlines while maintaining focus on accuracy and attention to detail.
• Team player with strong communication and writing skills.

PREFERRED:

• Bachelor’s degree in Accounting.
• Public Accounting experience.
• Minimum of four years in grant/restricted accounting and reporting, preferably in a college or university setting.
• Experience with Cayuse, Workday Financial “Grant Management,” Contracts, Billing and Project Costing is a plus.
• Knowledge of U.S. GAAP, OMB Uniform Guidance, DHHS Regulations and NJHHS guidelines.
• Membership in professional associations such as the National Council of University Research Administrators (NCURA) or the Society of Research Administrators International (SRA).

Salary Range

$82,000.00-$84,000.00 Annually

• The position may also be eligible for comprehensive benefits, including health insurance, retirement plans, and tuition assistance. For further details, please visit: https://www.montclair.edu/human-resources/benefits/

Montclair State University considers factors such as, but not limited to, scope and responsibilities of the position, candidate’s relevant work experience, education, skills, and internal equity, when extending an offer.

Salary offers for internal employees who are part of a collective bargaining unit (CBU) and are applying to a position that is withina CBU will be determined in accordance with contractual provisions.

Department

Grants Accounting

Position Type

Administrative

Contact Information:

For questions or concerns, please contact Human Resources' Workday Recruiting Support at 973-655-5000 (Option 2), or email [e-mail].

Inclusion Statement

Montclair State University values access and educational excellence. We are committed to an environment of diverse perspectives which ensures that graduates will be civically engaged, committed to democracy, and prepared to thrive as global citizens. We foster a community that promotes varied experiences and voices. We seek applicants who will contribute diverse ideas and perspectives and who value an environment that promotes educational growth and advancement for all.

EEO/AA Statement

Montclair State University is an Equal Opportunity/Affirmative Action institution with a strong commitment to diversity.

Additional information can be found on the website at https://www.montclair.edu/human-resources/about-us/eo-aa-and-diversity/

Title IX and 34 C.F.R. 106 Policy

Montclair State is required by Title IX and 34 C.F.R. 106 not to discriminate on the basis of sex or gender, and does not discriminate on the basis of sex or gender in the operation of education programs and activities. The requirement to not discriminate on the basis of sex or gender in the operation of education programs and activities extends to admission and employment. For further details, please visit: https://www.montclair.edu/human-resources/job-seekers/