Federal Grants Financial Analyst- (Exempt)

Government of the Virgin Islands

3d•Onsite

About The Position

Under the general supervision of the Director of Federal Grants, the incumbent will work in a confidential and policy making capacity to analyze all Virgin Islands Department of Health's Federal Programs financial disposition for reimbursement on the accrual system, in which the Government pays first. The Federal Grants Financial Analyst ensures that the Federal funds are drawn down from the Federal Treasury and return to the Virgin Islands Government. The incumbent will assist the Director in a policy making and monitoring capacity and operate within the requirements of the Federal Funding Accountability and Transparency Act of 2006/2012 that ensures continued fundability of Programs and services and the Laws of the Territory. The Federal Grants Financial Analyst will be accountable to the Federal Laws for Reimbursement, that requires a financial turnaround in three days to complete the process.

Requirements

Knowledge of local and federal regulations, policies and procedures applicable to federally assisted programs.
Knowledge of departmental federally funded programs.
Ability to speak and write clearly and concisely during the course of work.
Knowledge of Virgin Islands Government accounting financial systems with computerized software systems for reporting.
Knowledge of Federal Grants and their requirements.
Ability to write and review reports and to meet deadlines.
Ability to establish and maintain effective working relationships with all persons contacted.
Ability to meet federal and local guidelines and can work independently.

Nice To Haves

Master's degree from an accredited institution of Higher Learning in Accounting, Business Administration, Finance, or Healthcare Administration or a related field
Bachelor's Degree from an accredited institution of Higher Learning in Accounting, Business Administration, Finance, Healthcare Administration or a related field, and two (2) years' experience in federal grants or accounting processes
High School Diploma or its equivalent and at least six (6) years or more of experience in federal grants, accounting procedures and principles, financial draws reimbursement reporting and documentation.

Responsibilities

Creates working spreadsheet of all Indirect cost reimbursement amounts, by percentage, amounts to be reimbursed to the Government by Departmental and Central Government reimbursements.
Coordinates Indirect Cost reimbursement amounts back to the VI Treasury with internal Federal Grants staff, submitted by internal staff, extracted from the Enterprise Resource Program (ERP).
Creates and track the Statement of Remittances for financial draws of Federal Indirect Cost funds back to the Virgin Islands, reimbursing the local Treasury for Administration of the Federal Grants accounts.
Conducts financial postings as a checks and balances between the Department of Finance and the Department of Health.
Monitors the Department of Health's Federal Financials for Indirect Cost Accounts, reimbursements from US Treasury within the Department of Finance.
Produces the quarterly Federal Treasury report, in established timeline.
Assists the Director of Federal Grants with formulating the Federal financial quarterly reporting to Treasury.
Reviews monthly cash report prior to submission to the Director of Federal Grants.
Assists Director with disseminating training and information on Federal Grants procedures, policies and reporting requirements.
Assists the Director of Federal Grants on Special Projects for Federal funding reimbursements and drawdowns.
Coordinates and analyze financial reporting responses between Government partnering (Finance, OMB) agencies.
Performs other related duties as required.