Grants Cost Accountant

We are looking for a Grants Cost Accountant to support sponsored program financial operations for a Long-term Contract position based in Kingston, Rhode Island. This role focuses on strengthening grant-related accounting practices, maintaining compliance with applicable regulations, and ensuring accurate billing, reporting, and reconciliations across sponsored awards. The ideal candidate will bring strong experience in grant accounting and federal award administration, along with the ability to interpret complex funding requirements and provide dependable financial guidance to university operations.

Responsibilities:

• Guide the application of cost accounting practices across sponsored program expenses to promote consistent financial treatment and policy adherence.
• Evaluate service center and recharge rate methodologies to ensure cost standards are properly reflected in institutional rate development.
• Maintain effective financial controls and provide operational support for grant-related accounting systems and processes.
• Review financial procedures to confirm alignment with federal, state, and university compliance requirements affecting sponsored activity.
• Analyze award and contract terms to determine billing obligations, reporting expectations, and accurate setup within financial systems.
• Manage invoicing and collections for externally funded grants and contracts in accordance with sponsor terms, institutional policy, and applicable uniform guidance.
• Support oversight of sponsored program billing and receivables activities, including issue resolution and ongoing process reliability.
• Assist with month-end and year-end close activities for grants, including reconciliations between subledgers and the general ledger.
• Contribute to audit preparation by assembling documentation and supporting reviews for financial statement audits, single audits, and agency examinations.
• Prepare management reporting, expenditure schedules, survey support, and financial projections that highlight trends, cash flow considerations, risks, and improvement opportunities.