Thresholds
Grants Accountant
Thresholds, Chicago, Illinois, United States, 60290
The Grants Accountant post-award grant administration and general accounting functions, including budget and expenses analysis, periodic invoicing, financial reporting, communication with program staff, reconciliations, grant budget proposals, grant budget revisions, and performing grant closeout functions required by funders.
Essential Duties & Responsibilities
Maintain the financial management of grants and contracts in accordance with government regulations and Generally Accepted Accounting Principles (GAAP) and Thresholds Financial Policies and Procedures.Responsible for monitoring and tracking the financial status of each grant through its program life cycle via expense trackers. Monitor grant expenditures and assure proper documentation is in place for grant expenditures. Analyze data in accounting, payroll, and other systems to ensure accuracy and timely reporting under each grant.Generate grant-related reports, prepare grant-related schedules, and assist in the preparation and analysis of financial statements.Prepare grant-related journal entries, grant vouchers, and invoices. Monitor grant expenditures and assure proper documentation is in place for grant expenditures.Prepare and maintain copies of all budgets and budget revisions.Perform cash management activities of requesting accurate and timely reimbursements from awarding agencies and following up on accounts receivable.Support OMB A-133 audit, annual financial audit, grantors’ audits, and grantors’ monitoring site visits, including preparation of schedules, checklists, providing supporting documents, and support program managers and staff with external audits.Communicate with funders and program management to resolve issues in a timely and professional manner.Provide monthly reporting of budget to actual expenditures and remaining funds for all grants to program managers; review key metrics with managers and ensure funds are managed on an ongoing basis.Process transactional accounting data for assigned areas of responsibility, which could include (but are not limited to) grants, cash management, fixed assets, and payables.Prepare account reconciliations for assigned balance sheets and income statement accounts.Prepare journal entries and account analyses.Assist with monthly close procedures to provide management with timely financial results.Assist with year-end audit preparation.Distribute monthly financial statements.Responsible for the timely and accurate completion of the Agency’s bank account reconciliations as assigned.Assist operating and program managers with financial inquiries, and provide guidance and counsel to these individuals as needed.Assist in the preparation of schedules, statements, and backup paperwork and participate as needed in the annual audit.Marginal Duties & Responsibilities
Provide support to the Senior Director, Grants.May be required to work a flexible schedule, including working onsite at a Thresholds Chicagoland location.EDUCATION
Required – a Bachelor’s degree with a major in Accounting from an accredited college or university.Experience
1 - 3 years of experience with non-profit grant accounting (preferred).Experience in non-profit and/or healthcare preferred.Qualifications
Excellent analytical skills, oral and written communication skills.Strong organizational and time management skills.Strong understanding of funder contract requirements, policies and procedures, and regulatory requirements related to funding.Ability to organize and prioritize work appropriately while adhering to strict timelines.Knowledge of fund-based or accounting systems; proficient in using computer-based spreadsheet and accounting applications.Familiarity with monthly grant reporting tools/spreadsheets for monitoring grant expenditures.Ability to collaborate and interact with a diverse group of professionals.Excellent customer service skills.What We Offer
Competitive Pay: $60,000.00 - $74,000.00 Annual Salary.Generous PTO (9 federal holidays, 8 days of sick leave, 15-22 days personal and vacation).Dental insurance, vision insurance, choice of 4 medical insurance plans.403(b) retirement plan with 3% employer match.Robust employee assistance program (EAP).Public service loan forgiveness.
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Essential Duties & Responsibilities
Maintain the financial management of grants and contracts in accordance with government regulations and Generally Accepted Accounting Principles (GAAP) and Thresholds Financial Policies and Procedures.Responsible for monitoring and tracking the financial status of each grant through its program life cycle via expense trackers. Monitor grant expenditures and assure proper documentation is in place for grant expenditures. Analyze data in accounting, payroll, and other systems to ensure accuracy and timely reporting under each grant.Generate grant-related reports, prepare grant-related schedules, and assist in the preparation and analysis of financial statements.Prepare grant-related journal entries, grant vouchers, and invoices. Monitor grant expenditures and assure proper documentation is in place for grant expenditures.Prepare and maintain copies of all budgets and budget revisions.Perform cash management activities of requesting accurate and timely reimbursements from awarding agencies and following up on accounts receivable.Support OMB A-133 audit, annual financial audit, grantors’ audits, and grantors’ monitoring site visits, including preparation of schedules, checklists, providing supporting documents, and support program managers and staff with external audits.Communicate with funders and program management to resolve issues in a timely and professional manner.Provide monthly reporting of budget to actual expenditures and remaining funds for all grants to program managers; review key metrics with managers and ensure funds are managed on an ongoing basis.Process transactional accounting data for assigned areas of responsibility, which could include (but are not limited to) grants, cash management, fixed assets, and payables.Prepare account reconciliations for assigned balance sheets and income statement accounts.Prepare journal entries and account analyses.Assist with monthly close procedures to provide management with timely financial results.Assist with year-end audit preparation.Distribute monthly financial statements.Responsible for the timely and accurate completion of the Agency’s bank account reconciliations as assigned.Assist operating and program managers with financial inquiries, and provide guidance and counsel to these individuals as needed.Assist in the preparation of schedules, statements, and backup paperwork and participate as needed in the annual audit.Marginal Duties & Responsibilities
Provide support to the Senior Director, Grants.May be required to work a flexible schedule, including working onsite at a Thresholds Chicagoland location.EDUCATION
Required – a Bachelor’s degree with a major in Accounting from an accredited college or university.Experience
1 - 3 years of experience with non-profit grant accounting (preferred).Experience in non-profit and/or healthcare preferred.Qualifications
Excellent analytical skills, oral and written communication skills.Strong organizational and time management skills.Strong understanding of funder contract requirements, policies and procedures, and regulatory requirements related to funding.Ability to organize and prioritize work appropriately while adhering to strict timelines.Knowledge of fund-based or accounting systems; proficient in using computer-based spreadsheet and accounting applications.Familiarity with monthly grant reporting tools/spreadsheets for monitoring grant expenditures.Ability to collaborate and interact with a diverse group of professionals.Excellent customer service skills.What We Offer
Competitive Pay: $60,000.00 - $74,000.00 Annual Salary.Generous PTO (9 federal holidays, 8 days of sick leave, 15-22 days personal and vacation).Dental insurance, vision insurance, choice of 4 medical insurance plans.403(b) retirement plan with 3% employer match.Robust employee assistance program (EAP).Public service loan forgiveness.
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