Demo

Grants and Compliance Accountant

The Educational Alliance Inc.
New York, NY Full Time
POSTED ON 1/29/2025
AVAILABLE BEFORE 3/29/2025

Job Title: Grants & Compliance Accountant

Location: New York City, Lower East Side, Hybrid Work Environment

Job Classification (FLSA): Exempt, 40 Hours  

Salary: $115,000 – $123,000 

Educational Alliance brings together and partners with diverse communities in Lower Manhattan, offering individuals and families high-quality, multi-generational programs and services that enhance their well-being and socioeconomic opportunities. We are a place where everyone is welcome and where progress is powered one relationship at a time. We are proud of our legacy as a Jewish organization, and we provide high-quality, transformational services and programs to all New Yorkers through our network of community centers on Manhattan’s Lower East Side and East Village. As we have for 130 years, we offer best-in-class programming–now across 15 sites—focusing on a mix of education, health and wellness, arts and culture, and civic engagement.

Educational Alliance Perks 

   Competitive Salary

   Paid Holidays

  Comprehensive Health Insurance

  Free Gym Membership to our Fitness Center Gyms

  403(b) Retirement Plan

  Discounts to programs at Educational Alliance

  Generous PTO Package

JOB PURPOSE 

The Grants and Compliance Accountant is responsible for the accounting and financial aspects of all grants and contracts. This includes tracking all grants and government contracts, ensuring technical accounting and budgets are properly prepared and reported to funders as well as monthly financial statements preparation. This position will work with programs and other departments across the Agency, to ensure that contract and grant requirements and accounting are monitored and adhered to on an ongoing basis.

SCOPE OF INFLUENCE

  • Work with client groups across multiple programs throughout the Agency.

KEY RESPONSIBILITIES AND ACCOUNTABILITIES

Contract Compliance

  • Collaborate with Budget Analysts and Senior Finance and Accounting Management on federally funded contracts to ensure compliance with OMB A-133 and A-122 regulations. Work with Development and Program to ensure that fiscal requirements for grants and contracts are identified, realized, and monitored.
  • Prepare for audits conducted by government agencies and assist with the external audit as assigned. 
  • Ensure adhearance to guidelines and policies as well as monitor the financial and programmatic status of accounts.
  • Assist the grant writers in the preparation and submission of grant budgets and contract proposals, ensuring budgets are completed in a timely manner according to project deadlines.
  • Serve as the point person on grant and contract issues regarding budgets, billing and tracking accounts receivable.
  • Design and implement process improvements to identify and manage financial compliance risk.
  • Prepare Annual Consolidated Fiscal Report (CFR).

Grant Accounting & Compliance Reporting

  • Participate in monthly finance meetings to review fiscal and contract performance and provide information to program managers to adjust spending. This includes budget to actual variance analysis.
  • Develop and recommend appropriate allocation methodologies which include assessing and presenting the underlying rationale for senior management approval.
  • Reconcile and perform grant closeout functions required by contracts administration and sponsors. Perform budget modification as needed.
  • Recommend areas of concern and ensure follow up with program departments.
  • Collaborate with senior management to create, disseminate, and implement contract budget-related policies and procedures that will ensure consistency and integrity of the budget.
  • Track and review accounts receivables to ensure proper accounting of cash receipts and recoupment of advances and ensure revenue is properly reported. Complex accounting skills are required.
  • Assist with external annual audit and preparation of audited footnotes and other complex schedules required.


 Other

  • Maintain up-to-date listing and tracking of the agency’s funding sources, grants and contracts, ensure implementation of best practices.
  • Seek new ways to enhance efficiency, identify areas for improvement and advise on the best course of action with program and support departments.
  • Perform special projects and other related duties as assigned.

JOB REQUIREMENTS

Required Knowledge

  • BS degree in accounting, required, MS degree in accounting, preferred. 
  • CPA required.
  • Must have extensuve knowledge of GAAP and Managerial accounting.. 
  • Professional working experience in CFR, Headstart, OASAS and ACS.
  • Strong knowledge of federal, state, and local laws, regulations, and requirements that govern grants administration and donor-restricted funds.
  • Respond effectively to complex inquiries from grantors and regulatory agencies and external audits.
  • Detail oriented, extremely organized, and ability to manage multiple projects, with tolerance to work in a high-pressure environment, autonomously.
  • Effective, persuasive written and verbal communication skills.
  • Confidence to present and articulate recommendations to senior leadership.
  • High proficiency with MS Word, MS Excel, and Intacct experience preferred.

Benefits:

  • Generous PTO Policy
  • Competitive Salary
  • Medical & Dental Insurance
  • Pension Plan
  • 403b Retirement Plans
  • Discount Perks for Movies, Broadway Shows, and Amusement Parks, Etc.
  • Free Gym Membership to our Manny Cantor Center Gym & 14TH ST Y Gym
  • Discounts to programs at Educational Alliance

Limitations and Disclaimer

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required for the position

EEO Info

Educational Alliance is committed to workplace diversity and inclusion. We are equal opportunity employers and do not discriminate in hiring or employment on the basis of race, color, religion, national origin, gender identity and expression, marital status, sexual orientation, age, disability, veteran status, or any other characteristic protected by federal, state, or local law. Educational Alliance takes affirmative action in support of its policy to employ and advance in employment individuals who are minorities, women, protected veterans, and individuals with disabilities.

Educational Alliance is an Equal Opportunity Employer.

For further information about Educational Alliance, please visit https://edalliance.org.

Salary : $115,000 - $123,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Grants and Compliance Accountant?

Sign up to receive alerts about other jobs on the Grants and Compliance Accountant career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$82,207 - $116,218
Income Estimation: 
$91,191 - $141,961
Income Estimation: 
$82,207 - $116,218
Income Estimation: 
$91,191 - $141,961
Income Estimation: 
$65,418 - $90,489
Income Estimation: 
$82,207 - $116,218
Income Estimation: 
$69,167 - $86,545
Income Estimation: 
$76,916 - $105,824
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at The Educational Alliance Inc.

The Educational Alliance Inc.
Hired Organization Address New York, NY Full Time
Job Title: Head Teacher Division - Department: Manny Cantor Center Job Classification (FLSA): Non-Exempt, Union Hours Pe...
The Educational Alliance Inc.
Hired Organization Address Staten Island, NY Other
Job Title: Division Supervisor - New Country Day Camp Daily Rate: $200 Supervisor: NCDC Camper Care and Division Manager...
The Educational Alliance Inc.
Hired Organization Address Staten Island, NY Full Time
Job Title: Summer Camp Counselor - New Country Day Camp Daily Rate: $120 Supervisor: Division Supervisor New Country Day...
The Educational Alliance Inc.
Hired Organization Address Staten Island, NY Other
Title: Pride Camp Division Supervisor - New Country Day Camp Division - Department: 14 th Street Y – Youth Programs – Ne...

Not the job you're looking for? Here are some other Grants and Compliance Accountant jobs in the New York, NY area that may be a better fit.

Grants Accountant

Confidential Company, New York, NY

Grants Accountant

Project Find, New York, NY

AI Assistant is available now!

Feel free to start your new journey!