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Silver Spring

    Sr Grants Accountant - Silver Spring, United States - Children's National Hospital

    Children's National Hospital
    Children's National Hospital Silver Spring, United States

    3 weeks ago

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    Description
    Posting Summary

    Seeking a Senior Grants Accountant to handle the post-award financial management for a portfolio of grants. This will include financial analysis of grant accounts to ensure compliance with spending, invoicing, financial reporting, and closeout. It's a great opportunity to be the grant accounting expert and work collaboratively with the post award team that manages the portfolio of grants. Will join a team of 6 accountants in total, in a hybrid (in-office and work-from home) environment. Our office is in the beautiful downtown Silver Spring, MD area and comes with a free onsite gym and convenient access to parking.

    The Senior Grants Accountant is responsible for the post-award financial management for a portfolio of sponsored programs awarded to both CNRI and Children's National Hospital. The duties of this position include preparation of invoices and various financial reports, account review and analysis, preparation of journal entries, account reconciliation, expenditure monitoring, and compliance with institutional and federal regulations. The Senior Grants Accountant has a complex portfolio, which includes program projects, cooperative agreements, complex contractual agreements, training grants and research grants. To accomplish tasks, the Grants Accountant has communication with internal and external partners that would include Sponsors, Principal Investigators, Department Administrators, and CRI post-award teams of Grants Financial Analysts and Grants and Contract Specialists. The Senior Grants Accountant works independently, yet under the guidance of the Grants Accounting Supervisor.

    Qualifications:
    Minimum Education
    Bachelor's Degree accounting or related field. (Required)

    Minimum Work Experience
    3 years' grants accounting. (Required)

    Required Skills/Knowledge
    Thorough knowledge of generally accepted accounting principles.
    Knowledge of grants accounting processes, procedures and financial controls for a not-for-profit organization.
    Knowledge, experience and familiarity with federal compliance standards.
    Knowledge of financial analysis techniques.
    Thorough understanding of automated general ledger systems, including the interfaces between the general ledger and subsystems.
    Advanced skills in spreadsheets, databases and flexible report writing software.
    Ability to manage and understand data.
    Motivated and intuitive thinker.
    Extensive knowledge of applicable OMB Circulars and Federal regulations pertinent to grants and contracts accounting.

    Functional Accountabilities

    Financial Reporting and Invoicing
    • Regularly reviews financial reports with Grants and Contracts personnel to ensure proper recording of revenues and expenses within each grant.
    • Independently addresses management needs for financial information through routine or ad hoc financial reports and analysis.
    • Works independently to prepare accurate invoices and financial reports for timely submission to sponsors.
    • Provides Grants and Contracts Accounting management with expense detail reports that support recommended drawdown amounts.
    • Prepares supplemental documentation to be used in the preparation of accurate financial reporting and invoicing.
    • Performs grant closeout.
    Financial Analysis
    • Independently performs a variety of financial analyses as required by internal and external constituencies.
    • Independently identifies and corrects errors or misstatements in financial information using various analytical techniques.
    • Independently identifies and explains significant trends or deviations in financial information.
    • Independently monitors the deferral/receivable reports and works with Grants and Contracts to manage the flow of funds.
    • Prepares financial analysis documentation to be used to determine the financial state of CNRI.
    • Takes on special projects to assist with the financial management of the CNRI grants and contracts portfolio.
    Compliance
    • Independently stays abreast of all applicable OMB Circulars and Federal regulations.
    • Prepares and provides training to colleagues on any changes in applicable laws and regulations.
    • Examines all costs to ensure they are allocable, allowable and reasonable.
    Audit
    • Independently compile information requested for the Uniform Guidance Single Audit or any Sponsor audit.
    • Reconcile the accounts for information requested for the audit.
    Organizational Accountabilities

    Responsible Conduct of Research
    • Consistently demonstrates adherence to the standards for the responsible conduct of research.
    • Plans, conducts and manages research projects within federal and institutional regulations and policies under the direction of the principal investigator.
    • Uses research funds and resources appropriately.
    • Maintains confidentiality of data as required.
    • Meets all annual job-related training and compliance requirements.
    Organizational Commitment/Identification
    • Partner in the mission and upholds the core principles of the organization
    • Committed to diversity and recognizes value of cultural ethnic differences
    • Demonstrate personal and professional integrity
    • Maintain confidentiality at all times
    Customer Service
    • Anticipate and responds to customer needs; follows up until needs are met
    Teamwork/Communication
    • Demonstrate collaborative and respectful behavior
    • Partner with all team members to achieve goals
    • Receptive to others' ideas and opinions
    Performance Improvement/Problem-solving
    • Contribute to a positive work environment
    • Demonstrate flexibility and willingness to change
    • Identify opportunities to improve clinical and administrative processes
    • Make appropriate decisions, using sound judgment
    Cost Management/Financial Responsibility
    • Use resources efficiently
    • Search for less costly ways of doing things
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