Grants Accounting & Reporting Specialist

Virginia Tourism Corporation; Blacksburg (VA); On-site; USD 68,000 - 75,000; Full time

Job summary

Virginia Tech Foundation, Inc. (VTF) is seeking a Grants Accountant in Blacksburg, VA to manage grant funding accounting, reporting, and compliance. You will work with program and accounting teams to ensure grant transactions are recorded accurately and audit-ready.

The role emphasizes tracking restricted funds, preparing sponsor reports, reconciling accounts, and supporting grant closeouts, with a focus on internal controls and timely financial deliverables.

Qualifications

• Experience with grant accounting, fund accounting, and restricted funds.
• Ability to interpret award terms, financial requirements, and compliance standards.
• Experience preparing reconciliations, budget-to-actual analyses, and grant reports.
• Strong attention to detail and audit readiness.
• Ability to prioritize deadlines in a complex environment.
• Excellent written and verbal communication and teamwork.
• Experience with nonprofit/governmental sponsored program accounting preferred.
• CPA, CPA candidate, CGFM or similar certification preferred but not required.

Responsibilities

• Maintain accounting records for grant-funded activities and restricted funds.
• Review grant expenses for allowability and alignment with budgets.
• Prepare and post journal entries, budget adjustments, and transfers.
• Perform monthly reconciliations of grant accounts and project budgets.
• Prepare financial reports, reimbursement requests, and schedules per sponsor requirements.
• Coordinate with program staff to verify complete financial records before submission.
• Assist with processing grant-related remittance and reimbursements.
• Monitor grant expenditures against budgets and escalate variances.
• Maintain grant accounting files and audit schedules.
• Assist with grant closeout and final reporting.

Skills

Grant accounting experience

Interpret grant terms & compliance

Financial reconciliations & reporting

Attention to detail

Prioritize multiple deadlines

Customer service & collaboration

Excel proficiency

Education

Bachelor's degree in accounting/finance/business

CPA/CPA candidate or CGFM (preferred)

Tools

Microsoft Excel

Job description

Virginia Tech Foundation, Inc. (VTF) is seeking a Grants Accountant in Blacksburg, VA to manage grant funding accounting, reporting, and compliance. You will work with program and accounting teams to ensure grant transactions are recorded accurately and audit-ready.

The role emphasizes tracking restricted funds, preparing sponsor reports, reconciling accounts, and supporting grant closeouts, with a focus on internal controls and timely financial deliverables.