Grants Accounting & Compliance Specialist (Hybrid)

Harper College; Palatine (IL); Hybrid; USD 65,000 - 85,000; Full time

Job summary

Harper College in Palatine, IL seeks a Grant Accounting professional to manage interpretation of guidelines, recording entries, monitoring revenues and expenditures across grants, and ensuring compliance with state and federal regulations.

The role supports audits, prepares annual grant budgets, and provides guidance on allowable costs, with a focus on accurate reporting and timely expenditures.

Responsibilities

• Acts as College liaison with internal departments and grantees for all fiscal administration and fiscal compliance issues related to grants.
• Interprets grant guidelines and ensure expenditures comply with state and federal regulations, grant agreements, and grant budgets as well as college policies and procedures.
• Extracts and analyzes data needed for year-end accruals.
• Researches, prepares and posts journal entries to transfer funds or make corrections as needed.
• Using generally accepted accounting principles, analyzes, records and processes a variety of accounting documents.
• Responsible for grant set-up, recording entries, and monitoring grant revenues and expenditures.
• Ensures a clean audit of grants, both periodic and close-out, and responds to all auditor requests for information.
• Prepares all annual audit and budget documents related to grants, federal programs, and ICCB grant financial statements. Provides support for the preparation of other audit segments.
• Creates grant financial reports and requests for reimbursement and monitors receipt of funds.
• Provides guidance on allowable costs and compliant purchasing procedures to grant administrators and project directors to ensure compliance with grant agreements and budgets and timely expending of funds, meeting all financial reporting deadlines.
• Provides technical and accounting assistance to the grant program managers with regard to the financial development and management of grant budgets.
• Performs related duties as assigned.
• Work is primarily indoors, and sedentary in nature. This position is eligible for the eligible for the 3-2-5 hybrid work schedule.

Job description

Harper College in Palatine, IL seeks a Grant Accounting professional to manage interpretation of guidelines, recording entries, monitoring revenues and expenditures across grants, and ensuring compliance with state and federal regulations.

The role supports audits, prepares annual grant budgets, and provides guidance on allowable costs, with a focus on accurate reporting and timely expenditures.