What are the responsibilities and job description for the Grants Accounting - C2 position at Louisiana Department Of Transportation and Development?
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- Provide primary accounting functions for all grant monitoring administration, compliance, grant accounting, and financial reports of awarded grants through final closing.
- Set up new grants, enter indirect cost allocations, & match journal entries.
- Meet with Principal Investigator/Project Director (PI/PD) when grant is awarded to review responsibilities for grant management and reporting.
- Attend subsequent meetings to maintain communication throughout and at the conclusion of the grant.
- Run Open Grants report monthly and review balances.
- Update PI/PD on available grant funds periodically.
- Prepare monthly data for the fiscal office on funding draws from Federal Agencies.
- Prepare/coordinate quarterly reports for Federal Agencies while contacting/collaborating with other offices as needed to gather required information.
- Reconcile interim and final financial reports, and verify final financial reports with Fiscal Office.
- Provide grant data for annual grant audits (A133 audit).
- Monitor compliance with internal policies related to grant funds and any other applicable grant regulations.
- Perform all grant closing activities.
- Other tasks as required.
- Bachelor's degree or six years of professional experience in lieu of degree.
- Minimum one year of general accounting experience or equivalent experience managing grants.
- Minimum one year of experience with processing complex financial transactions, ensuring compliance with legal or contractual requirements, recordkeeping and preparation of monthly, quarterly and/ or annual reporting.
- Proficient in the use of Microsoft Office, including but not limited to Outlook, Word, and Excel.
- Knowledge of generally accepted accounting principles (GAAP).
- Strong verbal and written communications skills and ability to communicate technical concepts to technical and nontechnical audiences. Great attention to detail and follow up.
- Excellent interpersonal skills, ability to provide a high level of customer service and establish and maintain effective interdepartmental communications and relationships.
- Advanced degree or Bachelor’s Degree in Accounting, Finance, Business Administration or a related field.
- Minimum two years of general accounting experience or equivalent experience managing grants.
- Minimum two years of experience with processing complex financial transactions, ensuring compliance with legal or contractual requirements, recordkeeping and preparation of monthly, quarterly and/ or annual reporting.
- Minimum two years of professional experience with state or federal systems or programs.
- Minimum one year of professional experience in healthcare field, Medicaid program support, or working with insurance/Medicare.