Grants Accountant

Description The Grants Accountant I is responsible for assisting with the post-award accounting and financial management of sponsored projects awarded to both Children's National Research and Children's National Hospital. The primary duties of this position include grant expenditure monitoring and analysis for compliance with institutional and federal regulations, performing accounting ledger reconciliations, processing journal entries and budget re-allocations, and helping to ensure sponsored project accounts are properly maintained in the accounting system. The position also prepares invoices and various financial reports (mostly for non-LOC and non-programmatic sponsored awards). To accomplish tasks, the Grants Accountant I works collaboratively with internal partners in GCAF including the Research Business Office, the Grants and Contracts Office, the Clinical Trials Office and other functional areas of the Grants Accounting Team such as Award Setup, Commitment Accounting, and Cash Management, as needed. May also have interaction (though limited) with external partners that may include Sponsors, Principal Investigators, Department Administrators. The Grants Accountant works under the guidance of the Grants Accounting Supervisor. Qualifications Minimum Education Associate's Degree Accounting, Business Administration or related field. (Required) Bachelor's Degree Accounting, Business Administration or related field. (Preferred) Minimum Work Experience 1 year accounting or finance experience (Required) 3 years In an Accounting or Finance environment, if only Associate Degree is obtained (Preferred) Required Skills/Knowledge Knowledge of generally accepted accounting principles, accounting processes and procedures, and financial controls for a not-for-profit organization. Ability to use a computer and to learn multiple software applications. Knowledge of financial analysis techniques and skills (utilizing excel spreadsheets). Ability to deal with problems involving several variables in a familiar context. Good interpersonal, oral, and written communication skills. Attention to detail, accuracy and the ability to handle confidential material. Motivated and intuitive thinker. Functional Accountabilities Accounting Monitors accounting ledgers for compliance and prepares necessary adjustments for indirect costs, fringe benefits, reclassifications or cost transfers. Processes journal entries to record re-allocated expenditures for clinical research, gift cards and others. Works with the requestor to ensure the appropriate description, justification and documentation are included. Seeks and enters budget reallocations. Ensures the grant award profile and history of required financial milestones are properly maintained and kept in the accounting system. Process updates of project and activity processing statuses appropriately in PeopleSoft. Assists in the month- and year-end accounting closing process and audit of grants. Assists in implementing fiscal changes in the Accounting system. Provide technical accounting support for Grants Accountants. Invoicing and Financial Reporting With guidance from the Grants Accounting Supervisor, prepares accurate monthly/quarterly/annual/periodic invoices and financial reports for timely submission to sponsors. Prepares supplemental documentation to be used in the preparation of accurate financial reporting and invoicing. Assists the Cash Operations team in the collection of aging accounts receivable. Financial Analysis Performs a variety of financial analyses as required by internal and external constituencies. Prepares routine or ad hoc financial reports and analysis to address management needs for financial information. Identifies and corrects errors or misstatements in financial information using various analytical techniques. Takes on special projects to assist with the financial management of the CNRI grants and contracts portfolio. Compliance Independently, stay abreast of all applicable Uniform Guidance Requirements and Federal regulations. Examine all costs to ensure they are allocable, allowable and reasonable. Reconcile accounts and compile information requested for the Uniform Guidance Audit or sponsor desk audits, under the guidance of the Team Lead. Responsible Conduct of Research Consistently demonstrates adherence to the standards for the responsible conduct of research. Plans, conducts and manages research projects within federal and institutional regulations and policies under the direction of the principal investigator. Uses research funds and resources appropriately. Maintains confidentiality of data as required. Meets all annual job-related training and compliance requirements. Organizational Accountabilities Assist with A-133 Audit Compile information requested for the A-133 audit, under the guidance of the Team Lead. Reconcile the accounts for the information requested for the A-133 audit, under the guidance of the Team Lead. Organizational Commitment/Identification Partner in the mission and upholds the core principles of the organization Committed to diversity and recognizes value of cultural ethnic differences Demonstrate personal and professional integrity Maintain confidentiality at all times Customer Service Anticipate and responds to customer needs; follows up until needs are met Teamwork/Communication Demonstrate collaborative and respectful behavior Partner with all team members to achieve goals Receptive to others' ideas and opinions Performance Improvement/Problem-solving Contribute to a positive work environment Demonstrate flexibility and willingness to change Identify opportunities to improve clinical and administrative processes Make appropriate decisions, using sound judgment Cost Management/Financial Responsibility Use resources efficiently Search for less costly ways of doing things Organizational Accountabilities (Staff) Organizational Commitment/Identification Anticipate and responds to customer needs; follows up until needs are met Teamwork/Communication Demonstrate collaborative and respectful behavior Partner with all team members to achieve goals Receptive to others' ideas and opinions Performance Improvement/Problem-solving Contribute to a positive work environment Demonstrate flexibility and willingness to change Identify opportunities to improve clinical and administrative processes Make appropriate decisions, using sound judgment Cost Management/Financial Responsibility Use resources efficiently Search for less costly ways of doing things Safety Speak up when team members appear to exhibit unsafe behavior or performance Continuously validate and verify information needed for decision making or documentation Stop in the face of uncertainty and takes time to resolve the situation Demonstrate accurate, clear and timely verbal and written communication Actively promote safety for patients, families, visitors and co-workers Attend carefully to important details - practicing Stop, Think, Act and Review in order to self-check behavior and performance Primary Location: Maryland-Silver Spring Work Locations: Inventa Towers 1 Inventa Place Silver Spring 20910 Job: Accounting & Finance Organization: Office Grants Contrcts Finance Position Status: R (Regular) - FT - Full-Time Shift: Day Work Schedule: 9:00 AM-5:00 PM Job Posting: Nov 5, 2024, 8:22:51 PM Full-Time Salary Range: 57200 - 95347.2