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Grants and Contracts Accountant

2 months ago

Hales, Norfolk, United Kingdom Commonwealth of Virginia Full time
Job Summary

Norfolk State University is seeking a highly skilled Grants and Contracts Accountant to join our team. As a key member of our financial services department, you will be responsible for managing grants and contracts, ensuring compliance with regulatory requirements, and providing financial analysis and reporting.

Key Responsibilities
  • Process accounting entries and adjustments with agency accounting software and the Commonwealth Accounting and Reporting System.
  • Review assigned grants to ensure timely reimbursement standards are met.
  • Interpret reporting requirements and compile relevant information for daily, monthly, quarterly, and annual cash requests.
  • Resolve grant and contract-related Commonwealth Accounting errors.
  • Ensure compliance with sponsor, university, federal, state, and private agencies.
  • Perform reconciliations and drawdowns, prepare financial reports and billings, and assist in compiling data for annual financial statements.
  • Assist the Auditor of Public Accounts in the annual audit process.
Requirements
  • Comprehensive knowledge of grants and contracts management, practices, and standards.
  • Ability to complete advanced analysis and reconciliations of financial data.
  • Ability to interpret Generally Accepted Accounting Principles (GAAP) and OMB's Uniform Guidance.
  • Ability to meet and prioritize competing deadlines and prepare complex financial reports accurately and timely.
  • Skilled in the use of technology used in financial operations and standard office software applications.
  • Demonstrated ability to prepare and audit financial statements, reports, and general ledgers.
  • Demonstrated ability to analyze and interpret complex financial regulations.
  • Demonstrated ability to communicate effectively and convey matters to diverse audiences.
  • Experience in initiating, reconciling, monitoring, and reporting federal, state, local, and private drawdown and billing requests.
  • Experience working with financial data and multiple financial accounting and reporting systems.
  • BS/BA degree in accounting and/or experience and training in Grants and Contract management.
Preferred Qualifications
  • Experience in an institution of higher education or state government agency.