Grants Accountant

Denmark Technical College; South Carolina; On-site; USD 65,000 - 95,000; Full time

Job summary

Denmark Technical College is seeking a Grants Accountant to manage grant accounting and reporting under the supervision of the Vice President of Fiscal Affairs. The role includes leading the single audit and preparing federal drawdown requests to ensure timely reimbursement.

Responsibilities include preparing invoices and drawdowns, compiling federal reports, collecting audit evidence, and ensuring expenditures align with grant terms.

Qualifications

• Bachelor's degree in accounting, finance, business or a related field plus professional experience in accounting/auditing/finance.
• Strong Excel skills and analytical abilities are required.
• Excellent oral and written communication skills.

Responsibilities

• Prepares periodic invoices, vouchers, and drawdowns from agency payment systems to secure public funds. Balances activity to the general ledger to ensure zero discrepancies.
• Compiles financial status reports (e.g., Federal Financial Reports) and runs monthly variance evaluations with program managers.
• Gathers receipts, payroll records, and contracts for external/state/federal auditors; finalizes distributions and reconciles balances.
• Reviews grant contracts for cost eligibility and sets up tracking codes within the general ledger, ensuring compliance with federal rules.
• Provides support on grants, including budget amendments and review of grant reports; assists with single and financial audits.

Skills

Excel

Analytical skills

Communication skills

Driver's license

Education

Bachelor's degree in accounting, finance, business or related field

Job description

Under the supervision of the Vice President of Fiscal Affairs the Grants Accountant will be responsible for grant accounting and reporting for the College. This position will also have an essential role in managing the single audit and lead in the preparation of federal grant drawdown requests to ensure the College is reimbursed on a timely basis.

• Prepares periodic invoices, vouchers, and drawdowns from agency payment systems to secure public funds. Balances account activity back to the primary general ledger to ensure zero discrepancies.
• Compiles financial status reports (e.g., Federal Financial Reports) mandated by state, local, or federal grantors. Runs monthly variance evaluations alongside program managers to prevent both over-spending and under-utilization of time-sensitive awards.
• Gathers internal receipts, payroll records, and contracts to provide explicit evidence for external, state, or federal auditors. Finalizing remaining distributions, reconciling final expenditure balances, and completing the formal administrative termination of the grant cycle.
• Reviews grant contract stipulations, determining cost eligibility, and setting up localized grant tracking codes within the general ledger system. Ensures all expenditures align with federal regulations and restricted fund accounting rules.
• Provides support on grants to include budget amendments, and approval/review of grant reports and advises departments on budget related to grant funding. Gathers requested financial information for the single and financial audits.

Bachelor's degree in accounting, finance, business or related field and professional experience directly related, such as accounting, auditing, finance or commercial lending.

Intermediate knowledge of Microsoft Excel. Strong analytical skills. Excellent oral and written communication skills. Valid Driver’s license required. Occasional after-hours, overnight, weekend, or holiday work and travel may be required.