Full Time Manager, Grants Accounting

Lorain County Community College•Elyria, OH

3d•$79,600•Hybrid

About The Position

Reporting to the Controller/Budget Director, the Grants Accounting Manager is responsible for the management of the overall fiscal integrity of the College's grant/restricted accounts and serves as subject matter expert for the College on matters of compliance with federal, state, and other grant requirements. The Grants Accounting Manager supervises Grants Accounting staff and financial accounting and reporting activities of federal, state, local, and private grants, contracts, and gifts; reviews all grant award agreements with approved budgets and ensures proper establishment of accounts, timely and accurate completion of transactions, billings, collections, and reports related to restricted accounts. Establishes, implements, and monitors accounting procedures and deadlines to comply with cash management and other grant regulations. Assigns accounting and reporting responsibilities for selected grants, contracts, and restricted funds to staff members based on portfolio complexity, workload, and funding source, while retaining overall responsibility for the administration and financial oversight of federal grants and other designated funds. Directs and performs grant accounting functions as needed, including journal entries, time and effort review and reconciliation, communication with grant financial managers, financial reporting, invoicing, drawdowns, compliance monitoring, and related fiscal stewardship activities. Works with the campus community to ensure understanding of and adherence to policies and procedures, provides periodic financial reports, ensures grant files are auditable, and provides primary support for project inquiries, including audits. Prepares annual and periodic budget appropriations for restricted program activities, annual Schedule of Expenditures of Federal Awards (SEFA), and periodic Federal Funding Accountability and Transparency Act (FFATA) reports.

Requirements

Bachelor’s degree
Four to seven years of progressively responsible experience in accounting
Strong organization, communication, and problem-solving skills
Ability to work in a fast-paced environment
Demonstrated proficiency in Microsoft Excel (test required)
Experience working with ERP systems

Nice To Haves

Experience in an educational, government or non-profit environment (fund accounting)
Experience with federal grants accounting

Responsibilities

Management of the overall fiscal integrity of the College's grant/restricted accounts.
Serve as subject matter expert for the College on matters of compliance with federal, state, and other grant requirements.
Supervise Grants Accounting staff and financial accounting and reporting activities of federal, state, local, and private grants, contracts, and gifts.
Review all grant award agreements with approved budgets and ensure proper establishment of accounts, timely and accurate completion of transactions, billings, collections, and reports related to restricted accounts.
Establish, implement, and monitor accounting procedures and deadlines to comply with cash management and other grant regulations.
Assign accounting and reporting responsibilities for selected grants, contracts, and restricted funds to staff members.
Direct and perform grant accounting functions as needed, including journal entries, time and effort review and reconciliation, communication with grant financial managers, financial reporting, invoicing, drawdowns, compliance monitoring, and related fiscal stewardship activities.
Work with the campus community to ensure understanding of and adherence to policies and procedures.
Provide periodic financial reports.
Ensure grant files are auditable.
Provide primary support for project inquiries, including audits.
Prepare annual and periodic budget appropriations for restricted program activities.
Prepare annual Schedule of Expenditures of Federal Awards (SEFA).
Prepare periodic Federal Funding Accountability and Transparency Act (FFATA) reports.