Senior Grant Accountant

Beth Israel Lahey Health; Boston (MA); On-site; USD 85,000 - 115,000; Full time

Job summary

Beth Israel Lahey Health is seeking a Senior Grant Accountant (Non-Research) to manage the full financial lifecycle of awarded funds, from initial award setup through reporting and final closeout, ensuring compliance with funder regulations and federal standards such as OMB Uniform Guidance (2 CFR 200).

The role collaborates with program managers and HR to develop grant budgets, bill funding agencies monthly based on actual expenditures, monitor spend-down, and prepare reports including UDS,

Qualifications

• Bachelor’s Degree in Accounting or Finance.
• 5–8 years of general accounting experience and 2–5 years of related work experience.
• Advanced skills with Microsoft applications (Outlook, Word, Excel, PowerPoint or Access) and other web-based applications.

Responsibilities

• Work closely with program managers to develop grant budgets during the application process and timely bill the funding agencies monthly based on actual expenditures.
• Monitor grant spending monthly; ensure accurate spend-down, validate payroll and other expenses, and ensure accurate reporting per grantors.
• Record journal entries for grants and contracts and reconcile grant receivables and temporarily restricted net assets monthly.
• Ensure compliance for all grants with regulatory requirements.
• Prepare and compile information for UDS, FFR, and other grant reporting as required; ensure timely filing of federal grant reports.
• Prepare and compile information for UFR and Single Audit under the federal Uniform Guidance.
• Coordinate with HR, program managers, and Finance to ensure timely time-and-effort reporting and proper cost allocation.
• Review P&L for grant cost centers monthly and manage reclasses of payroll and non-payroll expenses.
• Provide grant budget and forecast information for operations and clinical budgeting during annual and quarterly processes.

Skills

Accounting knowledge

Advanced MS Office

Education

Bachelor's Degree in Accounting or Finance

Tools

Workday

Job description

When you join the growing BILH team, you're not just taking a job, you're making a difference in people's lives. The Senior Grant Accountant (Non-Research) is responsible for the full financial lifecycle of awarded funds, from initial award setup through reporting and final closeout. This role ensures that all grant activities comply with funder regulations, internal policies, and federal standards, such as OMB Uniform Guidance (2 CFR 200).

Essential Duties & Responsibilities may include some or all of the following:

1. Work closely with program managers to develop grant budget during application process and timely bill the funding agencies monthly based on the actual expenditure once obtaining the grants.
2. Monitor the grant spending, work with program managers on a monthly basis to ensure accurate and timely spend-down of the grants, validate the matching payroll and other expenses for the grants, and ensure accurate reporting of the grants as requested by the federal and state agencies and other grantors.
3. Record journal entries for grants and contracts and reconcile grant receivable and temporary restricted net assets on a monthly basis.
4. Ensure compliance for all grants in accordance with regulatory requirements.
5. Compile information for UDS, FFR, and other grant reporting in accordance with federal reporting requirements, ensure timely filing of federal grant reports.
6. Prepare and compile information for UFR and Single Audit under the federal Uniform Guidance.
7. Work with HR, program managers, and Finance team, to ensure time and effort reports are submitted timely and expenses are allocated to the right grant cost centers.
8. Review P&L for grant cost centers on a monthly basis to ensure revenue matches expenses, initiate and record payroll and non-payroll expense reclasses.
9. Provide grant budget and forecast information for operations and clinical budget in the annual budget process and quarterly forecast.

Minimum Qualifications:

• Bachelors Degree in Accounting or Finance
• 5-8 years of general accounting experience and 2-5 years of related work experience required.
• Advanced skills with Microsoft applications which may include Outlook, Word, Excel, PowerPoint or Access and other web-based applications. May produce complex documents, perform analysis and maintain databases.

Preferred Qualifications:

• Working knowledge of Workday Financial Accounting Systems is a plus.

Pay Range:

$85,000.00 USD - $115,000.00 USD

The pay range listed for this position is the annual base salary range the organization reasonably and in good faith expects to pay for this position at this time. Actual compensation is determined based on several factors, that may include seniority, education, training, relevant experience, relevant certifications, geography of work location, job responsibilities, or other applicable factors permissible by law.

As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) as a condition of employment.

More than 35,000 people working together. Nurses, doctors, technicians, therapists, researchers, teachers and more, making a difference in patients' lives. Your skill and compassion can make us even stronger.

Equal Opportunity Employer/Veterans/Disabled