What are the responsibilities and job description for the Grant Accountant position at New Jersey Institute of Technology?
Title : Grant Accountant
Department :
Office of Research & Development
Reports To :
Exec Director for Research Management and Finance
Position Type : Staff
Position Summary :
A Grant Accountant position oversees the financialadministration of grants and contracts from award setup through award closeoutand ensures compliance with all Federal, State, University and sponsorpolicies, procedures, and guidelines. This position works closely with thefinancial and administrative units throughout the university. In addition, thesenior grant accountant provides training to new hires in the Office ofResearch and routinely contributes by providing presentations and training tocurrent staff, both within the Office of Research and to other units as needed.
Essential Functions :
- Approve all sponsored transactions in accordance withthe award terms and conditions, uniform guidance, and institutional policy.Transactions include the procurement of equipment, payroll expenses, andgraduate student assistant nomination forms, sub-award budgeting, and travelexpenses. Approval includes verification of available budget and correct objectcodes.
- Provide training to Office of Research staff and other units onfinancial compliance issues related to sponsored research on a routine basis.
- Train new employees in post-award management on NJIT policies, procedures andsystems.
- Prepare and submit interim and final financial reports for sponsors,including cost share reports. Preparation of sponsor financial reports includesanalysis of budgets, expenditures, encumbrances, and receivables.
- Verifyaccuracy of award setup, modifications, and budget information in Banner,including funding source, rates, and billing information requirements.
- Resolve accounting issues including project over runs and accelerated spending.
- Track, manage, and validate cost share commitments are being met.
- Prepareawards for closeout in accordance with the sponsor terms and conditions.
- Provide training and guidance on compliance related matters to the researchcommunity.
- Provide support for various audit activities involving sponsoredawards.
- Other Job Duties : Work on special projects as requested and performother related duties as assigned.
Prerequisite Qualifications :
Preferred Qualifications :
Bargaining Unit : Range / Band :
FLSA :
Exempt
Full-Time
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