Jobs in Michigan 2026 (Now Hiring) - Smart Auto Apply
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Grants Accountant
$62,000 - $71,000 / year
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Overview
Job Description
- Manage day-to-day accounting for a diverse portfolio of grants and contracts, including preparing journal entries, tracking expenditures, and reconciling general ledger accounts.
- Collaborate with program managers in developing grant budgets; monitor actual spend against budgets to prevent over-expenditure or under-utilization of funds.
- Prepare and submit timely, accurate financial reports, invoices, and reimbursement requests (drawdowns) to funders.
- Assist in accurately allocating shared costs and services across multiple programs and funding streams.
- Lead the financial closeout process for expiring grants and contracts, ensuring all eligible funds are utilized and properly documented.
- Work closely with the Accounting Team to develop projections, investigate discrepancies, and provide recommendations to management.
- Support the Accounting Manager in the maintenance of the general ledger and month-end processes.
- Ensure all financial activities adhere to funder guidelines, organizational policies, and relevant legal/regulatory frameworks (e.g., Uniform Guidance 2 CFR 200 for federal grants).
- Review new grant agreements and contracts to identify key financial deliverable dates, reporting requirements, and restrictive clauses.
- Coordinate new contract rollout with program teams and others as applicable.
- Monitor subcontractors and subgrantees to ensure their financial reporting and compliance align with prime award requirements.
- Serve as the primary point of contact for internal and external grant audits; maintain organized, audit-ready digital and physical grant files.
- Grant Compliance & GAAP: Strong familiarity with Generally Accepted Accounting Principles (GAAP) and grant compliance standards (e.g., Uniform Guidance/2 CFR 200).
- Technical Proficiency: Advanced proficiency in Microsoft Excel (VLOOKUPs, pivot tables, financial modeling) and hands-on experience with enterprise accounting software (e.g., NetSuite, Sage Intacct, Blackbaud Financial Edge, or similar).
- Attention to Detail: Maintains meticulous precision in all aspects of financial reporting, data analysis, and regulatory record-keeping.
- Cross-Functional Communication: Ability to translate complex financial concepts and compliance restrictions into clear, actionable terms for non-financial program staff and development officers
- Bachelor’s degree in accounting, finance, business administration, or a closely related field.
- 3–5 years of progressive experience in grant accounting, fund accounting, or contract administration.
- Demonstrated experience managing federal, state, or major foundation grants is highly preferred.
- Proven track record in preparing complex budgets, financial reports, and grant compliance documentation.
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