Accountant – Grant & Revenue Accounting Specialist

(Please note: If this position is not for you, but you would like us to assist you with your next career move, please forward your resume.)

Grant & Revenue Accounting Specialist – Newark, NJ – To $90k

This well-established client needs your grant expertise!

Responsibilities include:

  • Oversee the accounting for unearned sources (ie: contributions and gifts), working closely with the Development team to ensure accurate coding and compliance with GAAP standards before gifts are entered into Salesforce.
  • Assist in the preparation and review of detailed grant budgets, provide information to support cash forecasting, and track carry-over funds for annual and quarterly project budgets.
  • Coordinate the cash reporting for all revenue sources, and provide revenue assumptions for cash flow models.
  • Ensure compliance with procurement standards for grant-related purchases and review purchase orders and equipment acquisitions for appropriate application to grants.
  • Conduct post-award activities such as contract and expenditure reviews, budget variance analysis, and ensuring grant compliance, including reviewing project reports and managing grant closeout functions.
  • Assist in preparing financial data for grant application budget proposals in collaboration with the Development Department.
  • Provide guidance to program staff on grant terms, conditions, and compliance issues, helping resolve any discrepancies or issues in financial reporting.
  • Prepare and submit any required reports to government agencies, ensuring accurate reporting of grant expenditures, while meeting required deadlines.
  • Collaborate with finance team members to generate reports on cash flow, cash positions, and liquidity, providing management with the insights needed for informed decision-making.
  • Assist with the required journal entries, reconciliations, and post-closing duties required for month-end and year-end closing processes, ensuring all accounts are completed in a timely manner.
  • Assist in the preparation of required external financial reports for both Federal and Non-Federal grants.
  • Maintain audit-ready files for assigned grants, ensuring compliance with applicable regulations and policies, including SEFA and SESA reports.
  • Offer financial data support and guidance to program staff throughout the grant lifecycle, from kickoff to closeout.
  • Perform other related tasks and duties as assigned by management.

Requirements include:

  • Bachelor’s degree in Accounting, Finance, or related field is required. CPA designation or in process is preferred
  • Three to five years’ experience in grants accounting or nonprofit financial management is required.
  • Strong understanding of GAAP, grant compliance, and federal and state regulations.
  • Proficiency in financial software and systems (Salesforce, NetSuite, Microsoft Excel, Microsoft Word, Google Workplace, etc.).
  • Excellent analytical skills, attention to detail, and the ability to prioritize tasks effectively.
  • Strong interpersonal communication skills and the ability to collaborate with cross-functional teams.

If qualified, please forward your resume to:  JillR@AplusPersonnel.com

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