New Jersey Institute of Technology

Grant Accountant, Local Programs

Education, Government & Non-Profit
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, business administration or related field required.
  • Minimum of three years of experience in contract/project management, accounting, or financial administration required.
  • Strong time management, organization, and communication skills are essential.
  • Self-motivated, detail-oriented, with proficiency in both teamwork and independent work.
  • Familiarity with federal, state, and local laws governing grant administration and reporting required.
  • Experience in federal grants management preferred.

Responsibilities

  • Review Local Program expenditures for compliance with award budgets and policies.
  • Monitor project budgets and assist in preparing budget modifications as necessary.
  • Prepare monthly, quarterly, and annual budget reports for management review.
  • Log and review invoices for accuracy and compliance with contract terms.
  • Assist in pre-award activities and project close-out meetings for Local Programs.
  • Maintain accounting records and prepare budget status reports for contracts and subcontracts.
  • Assist with agency audit reviews and year-end reconciliations as required.

Benefits

  • Comprehensive health benefits package.
  • Retirement plan options with employer contributions.
  • Generous paid time off and holiday schedule.
  • Professional development opportunities and training programs.
  • Access to university facilities and services.
Full Job Description
Title:
Grant Accountant, Local Programs

Department:NJTPA

Reports To:Senior Manager, Finance and Administration

Position Type:Staff

Position Summary:Under the supervision of the Senior Manager of Finance and Administration, the Grant Accountant, Local Programs performs a multitude of finance, administrative and accounting related activities necessary for the comprehensive management of NJTPA's grants and contracts, while ensuring compliance with university (NJIT), Federal, State and local laws, regulations and funding requirements. Primary areas of responsibility include maintenance of finance/budget accounts, documentation and record files, preparing, administering, managing and reporting the status of various federally funded contracts; reviewing and processing invoices for compliance with contract awards and applicable regulations, policies and procedures; monitoring project budgets/contract awards; monitoring federal funding agreements (budgets and period of performance); sponsor invoicing and reports; and other related financial and administrative management activities as assigned.Essential Functions:Financial Management and Reporting:
-Review Local Program expenditures to ensure alignment with award budgets, requirements, and university policies.
-Monitor contract/project budgets and assistance in preparation of contract/budget modifications.
-Assists in the development of monthly, quarterly and annual budget reports, as required;
-Performs general accounting and record keeping for a variety of procedures and operations and preparation of related correspondence, reports and a variety of other compositions as may be requested or directed.
-Enters purchase requisitions for contracts/subcontracts and oversees tracking of purchase orders and/or invoices for reimbursement to vendors/grant recipients.
-Log, track, and review invoices for accuracy, eligibility of expenses and compliance with contract terms, federal regulations, policy and procedures, and route for approval as appropriate.
-Review and advise central staff, vendors/grant subrecipients on the status of their contracts, invoices, etc., including any billing and/or compliance issues as needed;
-Collaborate with NJIT staff on tracking, reviewing and reconciling expenditure reports; purchase orders; accruals; payments; and, award closeouts;
-Review and submit sponsor invoices and supporting documentation as required.

Grant Management
-Assists with Local Programs pre-award activities, facilitate/attend kick-off and project close out meetings to ensure conformity to applicable regulations, policies and procedures.
-Assists with tracking and processing agency task order agreements and modifications.
-Create, maintain and monitor accounting records and progress reports, including procurement and invoicing data, prepare monthly, quarterly, and annual contract/subcontract budget status reports for Finance and Administration Management review, advising of any potential issues or concerns; assist in preparation of contract status reports.
-Assists in the periodic review and maintenance on internal processes and procedures for grant administration requirements in accordance with applicable state and federal laws, regulations, and policies.
-Assists with Agency audit reviews, as required.
-Assist with year-end reconciliations and grant award closeouts, as required.
-Assists with other financial accounting, and administrative related activities of the NJTPA as needed.Prerequisite Qualifications:-Bachelor's degree in accounting, finance, business administration or related degree is required.
-Minimum of three years of experience in contract/project management, accounting or financial administration, and procurement is required.
-Requires strong time management, organization and communication skills, written and oral.
-At the university's discretion, the education and experience prerequisites may be exempted where the candidate can demonstrate to the satisfaction of the university, an equivalent combination of education and experience specifically preparing the candidate for success in the position.Preferred Qualifications:-Self-motivated, detailed oriented worker, with the ability to work in both a team-environment and independently to achieve desired goals and objectives.
-Excellent communication skills, written and oral.
-Strong customer service skills.
-Strong attention to detail, time-management, and organizational skills.
-Demonstrated ability to work in a fast-paced environment, while managing multiple projects concurrently under the pressure of deadlines and changing priorities.
-Demonstrated ability to proactively present and escalate ideas, suggestions and problems to ensure continuous improvement.
-Practical problem-solving skills, decision making abilities, and ability to complete tasks within set timeframes.
-Working knowledge or experience with financial management and administration of grants and/or contracts, accounting, budgets and procurement transactions.
-Experience in federal grants management preferred.
-Familiarity of federal, state, and local laws, regulations, and requirements that govern grant administration and reporting including 2 CFR 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
-Intermediate knowledge and experience using a variety of software applications in an office environment (Microsoft 365 Office, Outlook, Word, Excel, SharePoint experience required).
-Working knowledge of financial management system software (E-merchant/Banner Finance/Workday Software Systems and/or SAP experience or similar ERP system a plus).Bargaining Unit:PSA

Range/Band:24

Salary Information:In compliance with the NJ Pay Transparency Law, the negotiated annual salary range for this position is $66,844.56-$124,923.48 (USD). NJIT considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as, market and organizational considerations when extending an offer. This pay range represents base pay only and excludes any additional items such as incentives, bonuses or other items.

To learn more about the comprehensive benefits NJIT offers for this position, please visit our benefits page: https://hr.njit.edu/health-benefits.FLSA:Exempt
Full-Time

Special Instructions toApplicants:Required Applicant Documents:Resume/CVCover Letter

About New Jersey Institute of Technology

The New Jersey Institute of Technology (NJIT) is a public research university in Newark, NJ. It was founded in 1881 as Newark Technical School and has since grown into a large university with over 11,000 students. NJIT offers undergraduate and graduate degrees in a variety of fields, including engineering, architecture, science, and business. The university is known for its strong focus on technology and research, and has partnerships with many leading companies in the tech industry. NJIT is also home to several research centers and institutes, including the Center for Wireless Communications and Signal Processing Systems and the Institute for Data Science.
Learn more about New Jersey Institute of Technology
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