What are the responsibilities and job description for the Grants Accounting - C2 position at State of Louisiana?
• 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.
Required Qualifications:
• 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.
Desired Qualifications:
• 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.
