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    Grant Accountant - Lexington, United States - FAHE

    FAHE
    FAHE Lexington, United States

    1 week ago

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    Description
    Grant Accountant

    Fahe is building the American Dream. Join our growing team working to increase opportunity and investment in our underserved communities Our unique collaborative model connects a Network of local, regional, and national leaders, all working together to ensure no community is left behind. Since our inception in 1980, the Fahe Network has served 687,183 people, made $1.05 billion in direct investments, and achieved a total cumulative financial impact of over 1.6 billion dollars in Appalachia.

    Job Summary:

    The Grant Accountant is responsible for financial management, budgets, match requirements, allocations, projections and compliance of foundation, state and federal grants. This position will be responsible for set-up and financial management of multi-million-dollar budgets. All aspects of financial activity related to grants funds will be the responsibility of the Grant Accountant, which requires a high level of knowledge and, skills to ensure the organization maintains compliance. Provide financial leadership for grants management working closely with the Strategic Programs Team. The position will require frequent interaction with senior leadership, department directors and staff to ensure Fahe maintains compliance according to all grant agreements.

    Essential Duties and Functions:
    • Develop methods of financial analysis and forecasting to include grant projections, grant departmental forecasting, and budget to actual comparisons to maximize funds and ensure dollars are expended as anticipated
    • Conduct complex analyses of financial scenarios on a regular basis, including planning for annual grant departmental budget allocations
    • Complete reclassifying journal entries for both revenue and expense. Reconcile grant portfolio for month-end including revenue and cash release from restrictions
    • Request drawdowns and reimbursement for all projects on a timely basis and as applicable for the funder guidelines
    • Support project manager in facilitating discussions with Members regarding pass-thru funds when they are actively partnered on externally funded projects.
    • Assist the VP of Finance with year-end audit duties including the Schedule of Expenditures of Federal Awards (SEFA) and grant funding applicable 990 schedules
    • Provides monthly budget to actual report to project managers to facilitate ongoing budget conversations and ensure that all grant funds are spent appropriately. In the event that funds are not on schedule, have discussions with project manager and relationship manager.
    • Assist project manager in preparing annual grant/project budget(s) and monthly projections.
    • Ensure compliance with a broad range of grant-funded programs using EDGAR and the Uniform Guidance - 2 CFR 200
    • Ensure compliance with federal, state, and local guidelines
    • Perform annual monitoring activities and ensure project files are aligned with financial records
    Requirements for this position include:
    • Intermediate accounting skills
    • Excellent critical thinking and problem-solving skills
    • Budget analysis skills
    • Intermediate Microsoft Excel skills
    • Strong professional communication skills
    • Associates or Bachelors degree in related field or commensurate grant account experience required
    Preferred Education and Experience:
    • 2-3 years' experience in a related field preferred
    • Grant accounting experience preferred
    • Nonprofit accounting experience preferred
    For the past seven years, our staff nominated Fahe as one of the top 100 Best Places to Work in Kentucky. Fahe is an Equal Opportunity Employer seeking applicants who can bring diverse viewpoints, experience, talents, and culture to promote our organization's mission of building the American Dream. We offer a diverse work environment with competitive salaries and excellent benefits. Visit to learn more about Fahe.
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