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Grant Accountant
Career Insights for Accountant (General)
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Scorecard
Based on New Jersey data
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What they do
An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).
$81,368 / year median in New Jersey
-9% projected decline
Job Description
Responsibilities:
- Develop and maintain grant budgets, forecasts, and variance analyses to track spending against approved funding plans.
- Monitor grant activity to confirm transactions align with private, local, state, and federal funding rules and institutional standards.
- Prepare invoices, billing documents, and related follow-up activities to support reimbursement and collection for restricted fund expenditures.
- Produce timely financial reports for sponsoring agencies and assist with all required fiscal submissions for assigned programs.
- Partner with grant managers, campus leadership, and finance personnel to support appropriate use of funds and adherence to reporting deadlines.
- Calculate and submit indirect cost rate information, apply approved rates, and provide supporting details to relevant agencies when needed.
- Maintain complete fiscal records, reconciliations, and grant accounting data to support internal reporting and external audit requirements.
- Review journal entries, assign account coding, and evaluate charges for accuracy, allowability, and overall reasonableness.
- Assist with year-end grant closeout activities by compiling schedules, analyses, and work papers requested by finance teams and auditors.
- Examine budget proposals for grant applications and provide financial guidance to grant-funded programs as needed. Requirements
- Experience in grant accounting, fund administration, or financial oversight of government or sponsored programs.
- Strong knowledge of core accounting practices, including journal entries, reconciliations, financial statement support, and budget management.
- Ability to interpret and apply grant compliance standards tied to federal, state, local, and private funding sources.
- Advanced Microsoft Excel skills, including functions such as pivot tables and lookup formulas, along with general Microsoft Office proficiency.
- Excellent organizational skills with close attention to detail and the ability to balance multiple deadlines effectively.
- Strong written and verbal communication skills with the ability to collaborate across departments and levels of an organization.
- Capability to prepare financial analyses, reporting packages, and budget reviews to support program and institutional decision-making.