Contract Compliance Accountant

LifeWorks • Austin, TX

1d

About The Position

LifeWorks is seeking a Contract Compliance Accountant to join its Finance team. This role administers, accounts for, monitors, and oversees compliance for the agency’s grants, contracts, and other funding arrangements, including funding activity for LifeWorks and its subsidiaries. The accountant maintains grant and contract financial information in NetSuite, prepares budget modifications, oversees grant payroll allocations and spend-downs, supports funding-related audits, and coordinates with Grants & Contracts Compliance to help ensure financial activity follows applicable funding requirements.

The position also performs assigned bank and investment reconciliations, reviews intercompany balances, and provides accounting support for subsidiaries, the Capital Campaign, and other organizational initiatives. It applies GAAP, agency policies, funding requirements, and applicable regulations to support accurate financial reporting, appropriate use of funds, and timely resolution of accounting and compliance matters. This is a full-time, exempt position with a salary range of $62,245–$84,112, depending on experience.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field and at least 3 years of accounting experience; preferably in a nonprofit organization; or an associate degree and at least 5 years of experience within a nonprofit organization; or an equivalent combination of education and experience.
• Knowledge of GAAP, revenue recognition, accounts receivable, and federal or other restricted funding requirements.
• Knowledge of computerized accounting systems, preferably Oracle NetSuite, and experience with billing, cash receipts, reconciliations, and financial reporting.
• Proficient-level experience with Microsoft Word, Excel, and Outlook.
• Demonstrated competencies in client focus, collaboration and adaptability, honoring differences, nimble learning, building trust, and taking action.

Nice To Haves

• Accounting experience in a nonprofit organization.
• Experience with Oracle NetSuite.

Responsibilities

• Maintain the agency’s grant and contract listing and related financial setup in NetSuite, including funding sources, periods, budgets, updates, and modifications.
• Monitor grant and contract expenditures, revenue, balances, allocations, and spend-down progress; identify potential funding issues and communicate concerns to the Director of Finance.
• Prepare and submit grant budget modifications and maintain supporting documentation for approved funding and budget changes.
• Oversee grant and contract payroll allocations, review them for accuracy, and identify necessary corrections or adjustments.
• Support funding-related audits, monitoring reviews, and fiscal examinations by preparing schedules, documentation, records, and responses.
• Coordinate with Grants & Contracts Compliance and other staff on contract requirements, budget amendments, funding changes, reporting, and financial documentation.
• Apply knowledge of grant and contract requirements, including funding restrictions, allowable costs, reporting terms, and reimbursement terms.
• Review funded program activity for appropriate coding, documentation, eligibility, and compliance with funding requirements.
• Prepare schedules and analyses of balances, allocations, funding periods, projected expenditures, and spend-downs.
• Prepare private grant funding reports for funders in accordance with grant requirements.
• Review and maintain intercompany balances and help resolve differences between LifeWorks and related entities.
• Provide accounting and financial support for assigned entities and initiatives, including related bank and investment reconciliations.
• Prepare journal entries, reconciliations, schedules, and supporting analyses for month-end close.
• Prepare and/or process the Program Support credit card upload, review completeness and coding, and resolve discrepancies.
• Develop standard and ad hoc financial reports and analyses using NetSuite and Microsoft Office products.
• Maintain organized and complete documentation for grants, contracts, audits, payroll allocations, budget modifications, reconciliations, subsidiary and intercompany activity, and other assigned responsibilities.
• Maintain confidentiality regarding client and staff information and fiscal decisions.
• Perform other duties as assigned.

Benefits

• 24 accrued PTO days per year.
• 11 paid holidays per year.
• Premium-free employee medical plan with a $100 monthly HSA contribution.
• Other affordable employee or family medical, dental, and vision options.
• Retirement savings plan with a 50% match on the first 6% of contributions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level